US Existing Home Prices were up 19% in the last year
(twitter.com)
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Another bubble
I'm waiting for the crash but I don't see when it will actually come. Unlike 2008, this doesn't seem driven by the same factors. Hard to tell. Even if it does crash, there's no way that prices are going back down to 2012 or even 2016 levels.
I bet it’s investors buying up all these houses and making the prices spike. “You will own nothing and be happy”
It’s a combination of factors, the most prominent being that they’re lending basically any amount of money, to anybody, with virtually no interest rate. This drives up the prices for everyone.
It better. Im looking to buy a house in 8 months
Not in Montana you are not.
I waited till it crashed first go.
Couldnt keep a steady job for years after that but bought my first home. 1600 sqft in a city.
A lot of sweat equity and several houses later I have several acres of lake front property and 4400 sqft.
A hell of a lot of shit between then and now, but if my family could do it anyone can.
Just be smart financially.