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Re: Real Estate Thread

Posted: Mon Aug 21, 2017 3:23 pm
by Tar
Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?

Real Estate Thread

Posted: Mon Aug 21, 2017 3:24 pm
by troyguitar
Tarspin wrote: Mon Aug 21, 2017 3:23 pm Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?
:lolgasm:

Real Estate Thread

Posted: Mon Aug 21, 2017 3:26 pm
by SixSpeeder
Tarspin wrote: Mon Aug 21, 2017 3:23 pm Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?
There was an 8 years ago?

Real Estate Thread

Posted: Mon Aug 21, 2017 3:26 pm
by ChrisoftheNorth
troyguitar wrote: Mon Aug 21, 2017 3:24 pm
Tarspin wrote: Mon Aug 21, 2017 3:23 pm Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?
:lolgasm:
:dat:

Real Estate Thread

Posted: Mon Aug 21, 2017 3:27 pm
by ChrisoftheNorth
SixSpeeder wrote: Mon Aug 21, 2017 3:23 pm Hobbits aren't meant to go on adventures.
Good thing I am a wizzard. Of Brub.

:hue:

Real Estate Thread

Posted: Mon Aug 21, 2017 4:22 pm
by wap
troyguitar wrote: Mon Aug 21, 2017 3:24 pm
Tarspin wrote: Mon Aug 21, 2017 3:23 pm Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?
:lolgasm:
:dat: :yeahok: :rage:

Re: Real Estate Thread

Posted: Mon Aug 21, 2017 4:55 pm
by Tar
troyguitar wrote:
Tarspin wrote: Mon Aug 21, 2017 3:23 pm Didn't the US implement any new rules/regulations to prevent :nuke: meltdowns like the ones seen 8-9 yrs ago?
Imagegasm:
Imageol:

:rage:

:sad:

Real Estate Thread

Posted: Mon Aug 21, 2017 7:07 pm
by dubshow
Big Brain Bradley wrote: Fri Aug 18, 2017 3:02 pm
troyguitar wrote: Fri Aug 18, 2017 2:47 pm Our neighborhood was built in the 2005 timeframe. We paid $154k for our house 2.5 years ago. This house is 3 doors down from us and has been for sale for over a month, was asking $175k and reduced to 170k so far:

https://www.zillow.com/homedetails/2010 ... lpage=true

It's almost completely identical to ours inside and out and sold for $149k when it was brand new in 2006. ZERO gain in 11 years. That's the market here, completely flat.

Bigger/better house for sale 2 more doors down on our street for less money, been on the market since May and asking has gone down from $189k to $164k:

https://www.zillow.com/homedetails/1006 ... lpage=true

Here's what land is worth, the best lot in the neighborhood has been for sale off and on for years for next to nothing. 10k sq ft with no hills right on the corner, perfect spot, $16k asking and could probably get it for half that.

https://www.zillow.com/homedetails/59-B ... lpage=true
:mahtroy: 's hood sucks
PT cruiser included in asking price?

Real Estate Thread

Posted: Mon Aug 21, 2017 7:11 pm
by max225
What is interesting here is how many ppl drive cars that are worth 1-3% of their home value here. Vs in a place like KY, where your TRUK is worth 50% of your house.

:mindblown:

Real Estate Thread

Posted: Mon Aug 21, 2017 7:14 pm
by dubshow
max225 wrote: Fri Aug 18, 2017 4:41 pm Outside of :mahtroy: it seems like most here are around 500-700k for a house/rowhouse/condo in a nice area... which is a LOT.

I know seattle ain't cheap no mo... and Jew York is pricy as fuck also...

Considering the "incomes" here it really doesn't seem that esssspensive here.
lawl. We in that great poverty swap. The BR krewe is all about the same in housing debt, other than :fax: since he :waxer: hard

Im unimpressed with the house market here in BR. The great problem is they will always expand out on cheaper land and build mainly sub/par housing at 2k sqft with 3bd/2bt. That has kept prices fairly stagnate. THe flood also fucked with the market a good bit.

Our hood is about 40 yrs old and has MAYBE gone from 80-100k in 1980 to MAYBE 180-200k in 2017. Zillow has gone from 180k to 265k :lolol: then leveled at a realistic 230k for our house. SO its region pricing metric is a bit skewed since there are more 300-500k houses in the same zip code.

Real Estate Thread

Posted: Mon Aug 21, 2017 7:19 pm
by dubshow
max225 wrote: Mon Aug 21, 2017 7:11 pm What is interesting here is how many ppl drive cars that are worth 1-3% of their home value here. Vs in a place like KY, where your TRUK is worth 50% of your house.

:mindblown:
not really. But I have seen some epic car collections around here parked outside a trailer (mobile home).

This one house always made me laugh, while riding the bus as a kid. HUGE trailer park, with this in the middle. Guy always have several vettes.

https://www.google.com/maps/@30.3334534 ... 312!8i6656

I mean, look around the hood. Its a meth paradise, sketchy and yet there is the one house that is nearly :impressive: in a bad gaudy look at me way.

Dude fence/brick cost more than most the trailers in the hood.

Real Estate Thread

Posted: Mon Aug 21, 2017 7:54 pm
by max225
Image

This is the most important graph for me at the moment.

Real Estate Thread

Posted: Mon Aug 21, 2017 7:56 pm
by max225
Image

And the VS US cycle... as you guys can see 2012+ has been a big anomaly compared to everywhere else.

Real Estate Thread

Posted: Mon Aug 21, 2017 7:58 pm
by max225
Image

Insanity here...

Real Estate Thread

Posted: Mon Aug 21, 2017 8:02 pm
by max225
[user not found] wrote: Mon Aug 21, 2017 8:00 pm
max225 wrote:Image

This is the most important graph for me at the moment.
This tells me you need to stay in. Even in the .com bust it only lost 10% which would correct it by... 6 months?

The 2008 bust was a reaction to the rest of the country and not anything locally.

Fuck that market.
It wasn't very telling... there are some areas that had little/no decline I am not in such an area... my place lost 60% of the value... vs that average there. Also you couldn't even sell at the time, since no one was buying... 10-15 houses for sale in my area vs 1-2 now.

Real Estate Thread

Posted: Mon Aug 21, 2017 8:32 pm
by ChrisoftheNorth
[user not found] wrote: Mon Aug 21, 2017 8:00 pm
max225 wrote:Image

This is the most important graph for me at the moment.
This tells me you need to stay in. Even in the .com bust it only lost 10% which would correct it by... 6 months?

The 2008 bust was a reaction to the rest of the country and not anything locally.

Fuck that market.
:dat:

Re: Real Estate Thread

Posted: Sat Aug 26, 2017 12:16 pm
by max225
Image

Image


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Re: Real Estate Thread

Posted: Sat Aug 26, 2017 12:17 pm
by max225
Super targeted :triggered: this was left at my door this am


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Re: Real Estate Thread

Posted: Sat Aug 26, 2017 12:56 pm
by troyguitar
Buffalo, Albany, Salt Lake City? Really? :wtf:

Real Estate Thread

Posted: Sat Aug 26, 2017 3:21 pm
by ChrisoftheNorth
Buffalo?!? :notsure:

Real Estate Thread

Posted: Sat Aug 26, 2017 3:36 pm
by troyguitar
[user not found] wrote: Sat Aug 26, 2017 12:58 pm
troyguitar wrote:Buffalo, Albany, Salt Lake City? Really? :wtf:
Cheap and good number of tech firms.
Desolate tundra and uptight zealots :doe:

I'd rather go NC or Nashville or Austin or Louisville or a lot of other places over those. :iono:

Real Estate Thread

Posted: Sat Aug 26, 2017 3:38 pm
by Apex
Detroit wrote: Sat Aug 26, 2017 3:21 pm Buffalo?!? :notsure:
Buddy of mine lives in Buffalo, huge turn around in that city over the last few years. It's really an up and coming place.

Real Estate Thread

Posted: Sat Aug 26, 2017 3:41 pm
by Desertbreh
troyguitar wrote: Sat Aug 26, 2017 3:36 pm
[user not found] wrote: Sat Aug 26, 2017 12:58 pm Cheap and good number of tech firms.
Desolate tundra and uptight zealots :doe:

I'd rather go NC or Nashville or Austin or Louisville or a lot of other places over those. :iono:
Utah is for visiting, not residing.

Real Estate Thread

Posted: Sat Aug 26, 2017 3:45 pm
by ChrisoftheNorth
Apex wrote: Sat Aug 26, 2017 3:38 pm
Detroit wrote: Sat Aug 26, 2017 3:21 pm Buffalo?!? :notsure:
Buddy of mine lives in Buffalo, huge turn around in that city over the last few years. It's really an up and coming place.
What jobs are there?

Real Estate Thread

Posted: Sat Aug 26, 2017 3:45 pm
by ChrisoftheNorth
troyguitar wrote: Sat Aug 26, 2017 3:36 pm
[user not found] wrote: Sat Aug 26, 2017 12:58 pm Cheap and good number of tech firms.
Desolate tundra and uptight zealots :doe:

I'd rather go NC or Nashville or Austin or Louisville or a lot of other places over those. :iono:
:dat: