[Timothyimitchell]

Originally Posted by Robnlaura

Sales of new homes slump to the lowest level since start of pandemic. High costs and low selection are to blame - MarketWatch

Zillow 84
TV 136

Keep watching.

[Bilyclub]

Originally Posted by Timothyimitchell

Wrong. Fair prices will sell houses. MAJORITY are not fair. Keep watching.

The title of this thread says the market has cooled down. It has not.

[dewilson58]

Originally Posted by Bilyclub

The title of this thread says the market has cooled down. It has not.

[Timothyimitchell]

Originally Posted by dewilson58

Depends what you're searching for. If you're looking for pricing under 300,000 MOST not ALL sell quickly I would disagree 100% on homes 400 plus. I have been watching closely. I think sellers including the developer have reached the ceiling on price. That's a nice way of,putting it.

[CoachKandSportsguy]

LOL!
volume or prices cooling off. . . . ?
new or used or both cooling off. . . ?
florida or the villages cooling off . . . ?
north east versus southeast cooling off. . . ?
Conventional or Jumbo mortgage priced houses?

There are alot of slices to find to generalize about the "housing market".

FYI, rent increase in FL will be significantly higher at some renters next renewals. . . some landlords already looking at 20% year over year. .

finance guy

[HRDave]

Originally Posted by JMintzer

Riff Raff...

It's astounding
Time is fleeting
Madness takes its toll .
😎

[Normal]

I think those prices are here to stay. Prices may level off, but cooling down isn’t a term we can use right now. Prices have gone up weekly. Renters are starting to pay more, and people are paying more for houses. How many buyers do you think are willing to go it for a loss?

Lumber prices and demand moved the needle this time, not investments etc. I actually don’t even think there is a bubble. I think there is a lack of inventory and a high demand instead. WallStreet won’t have a crash because of prices this time. If anything, look for inflation instead.

[Babubhat]

Beaumont development off 466a CUT new home prices

[Normal]

Originally Posted by Babubhat

Beaumont development off 466a CUT new home prices

Is that for the “double wides” or the newer 2 story structures?

[Robnlaura]

On lumber Are Crashing Lumber Prices Good or Bad News for Home Depot and Lowe's? Mmm

[Robnlaura]

I think again the moratorium on renters and foreclosures ending this weekend could be a turning point. Inflation and gas prices are a major factor. Never seen shortages in our stores like today. Cat food for example .. cat food wow delta could really do a number who knows. Looking at Zillow values on village homes a lot are showing $80 over valued.. for us definitely not a time to buy but we will wait.. time is not out enemy

[Normal]

With so many jobs available, it is high time someone said stop the handouts; that said, there will be changes.

More rental units will be available for “qualified” renters. This will ease pressure on the renting market and in turn ease the pressure of home buyers to find their dream home.

But, this will also cause damage to most or all of the evicted families! Few to none will rent to those who were irresponsible for their payments. If an applicant has their last w2 statement as “unemployment “ for income, they are toasted and well done.

[Timothyimitchell]

Originally Posted by Babubhat

Beaumont development off 466a CUT new home prices

TV website is showing 159 homes for sale. 10 of which are under $300,000. Bad mix. There WILL be price cuts in TV .

[Laker14]

This does not seem like a lot of inventory to me. BTW, that 285K Amarillo, seen on the map in Duval, was listed on the 29th, and according to today's description has received "multiple offers"...2 days....

This is from Trulia

[Velvet]

One strategy of selling a house is to list it low enough to get multiple offers bidding against each other. My neighbor up north took a different position. He listed his house at the price he wanted for it and did not sell until he got that offer. It took him a couple of years but he was in no hurry and he needed the money for his final living retirement expenses.

As a buyer, on the other hand, I determine how much a house is worth to me and that is what I will pay. Then the seller can decide if it is enough for them to sell. I always have alternatives if my offer is not accepted.