Current status of housing market. Listings increasing. Prices Dropping. Another economic red flag.
(media.greatawakening.win)
👀 EYES ON! 👀
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Six months ago, a house wouldn't be on the market for a week and it would already be "pending". The prices were completely outrageous too. Now, there's a house in the 'hood that is really nice and has been on the market for 41 days. They've dropped the price twice. There wasn't a sudden slow down, it was a complete hit the brakes and came to a skidding stop. I always look at past sales for houses for sale, and the ones being put on the market now are still way too high, however their initial asking price is noticeably lower than it would have been just a few months ago!
Yeah there was no point living on the city paying three times as much when the office you moved closer to is closed and all the "culture" is shut down as well, might as well live in the suburbs.
Plus the BLM crime also caused sales in the suburbs to surge from people fleeing the cities.