Hazard a guess on what the future holds for house prices? Hazard a guess on what the future holds for house prices? - Page 4 - Talk of The Villages Florida

Hazard a guess on what the future holds for house prices?

Closed Thread
Thread Tools
  #46  
Old 09-30-2021, 10:21 AM
rsmurano rsmurano is offline
Gold member
Join Date: Jul 2021
Posts: 1,057
Thanks: 6
Thanked 975 Times in 492 Posts
Default

We are in an area that is booming and will continue to boom while other states will/have start coming down.
Florida, Texas, Tennessee, and other red states are seeing an influx of people that are moving out of blue states like California, NY, New Jersey, and others. Another reason we are going n good shape is that the prices of our homes are a bargain for people leaving NY and California, and when the housing market starts crashing, it will hit those states 1st. The west is already starting to see home inventories building which means it’s going to be a buyers market/lower prices.
  #47  
Old 10-01-2021, 04:55 AM
merrymini merrymini is offline
Veteran member
Join Date: Oct 2014
Posts: 971
Thanks: 452
Thanked 1,272 Times in 506 Posts
Default

The smartest gov in the country, newsom, just signed a housing bill which allows multiple homes to be built on a single family lot. That should help the situation in ca, zoning gets thrown out the window. His thank you to the people who kept him in office.
  #48  
Old 10-01-2021, 05:17 AM
jdulej jdulej is offline
Senior Member
Join Date: Jan 2020
Posts: 428
Thanks: 1
Thanked 562 Times in 195 Posts
Default

Quote:
Originally Posted by merrymini View Post
The smartest gov in the country, newsom, just signed a housing bill which allows multiple homes to be built on a single family lot. That should help the situation in ca, zoning gets thrown out the window. His thank you to the people who kept him in office.
Check your California bashing at the door and check the actual facts. California is booming. Running budget surpluses and returning tax money to the taxpayers. But, affordable housing simple does not exist near the major urban centers. Something needed to be done, and his move to impact zoning is a good first step. I don't think you'll see concrete tenements going up in the suburbs any time soon
  #49  
Old 10-01-2021, 08:50 AM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,865
Thanks: 14,313
Thanked 5,108 Times in 1,955 Posts
Default

10 US Cities Spending Big Money on New Housing Construction

New construction in the Tampa to Orlando belt is booming!
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #50  
Old 10-01-2021, 09:38 AM
nick demis nick demis is offline
Senior Member
Join Date: Jul 2020
Posts: 405
Thanks: 144
Thanked 592 Times in 211 Posts
Default

Quote:
Originally Posted by manaboutown View Post
It has been an amazing run! When will it stop? Then what?

Anyone care to opine?

US home price growth reaches new high for fourth consecutive month
Are you talking about the US home prices or The Villages home prices?
  #51  
Old 10-01-2021, 12:31 PM
inda50 inda50 is offline
Senior Member
Join Date: Oct 2007
Posts: 227
Thanks: 219
Thanked 29 Times in 16 Posts
Default another take

Quote:
Originally Posted by nick demis View Post
Are you talking about the US home prices or The Villages home prices?
I came across this today. A short video and he gets to the interesting point about half way through. I think it's an interesting analysis.
  #52  
Old 10-01-2021, 04:15 PM
frose frose is offline
Senior Member
Join Date: Jun 2021
Posts: 288
Thanks: 0
Thanked 260 Times in 95 Posts
Default

keep dreaming
  #53  
Old 10-01-2021, 04:57 PM
Escape Artist Escape Artist is offline
Senior Member
Join Date: Jul 2021
Posts: 400
Thanks: 164
Thanked 362 Times in 164 Posts
Default

Quote:
Originally Posted by jdulej View Post
Check your California bashing at the door and check the actual facts. California is booming. Running budget surpluses and returning tax money to the taxpayers. But, affordable housing simple does not exist near the major urban centers. Something needed to be done, and his move to impact zoning is a good first step. I don't think you'll see concrete tenements going up in the suburbs any time soon
California is not "booming". It has one of the highest unemployment and poverty rates in the country. Changing zoning at a state level is not something a governor should do and if he was really serious about improving housing stock he'd reduce state regulations, taxes and fees for new construction or any type of development which are among the highest in the nation.

If you think so highly of California, why did you leave and move to Florida, of all places? You should have stayed to enjoy all the benefits and bounty the Golden State has to offer (such as clean, well-run cities!) while reveling in Newsom's glorious triumph (paid for by special interests).
  #54  
Old 10-02-2021, 10:11 AM
TimeForChange TimeForChange is offline
Veteran member
Join Date: Jun 2012
Posts: 599
Thanks: 14
Thanked 397 Times in 117 Posts
Default

If builders can get the supplies they will overbuild and housing prices will go down. I spent forty years in the building supply manufacturing business and saw this happen numerous times. In 2001 this Country built almost 1.6 million new homes. Sheet rock, bricks, insulation, shingles and numerous other materials were in short supply and even on allocation to contractors. In 2008 the Country built half that many due to over supply.
  #55  
Old 10-02-2021, 10:29 AM
eweissenbach's Avatar
eweissenbach eweissenbach is offline
Sage
Join Date: Dec 2009
Location: Smithville (Kansas City) Mo./ LaBelle North
Posts: 4,572
Thanks: 113
Thanked 733 Times in 229 Posts
Send a message via AIM to eweissenbach
Default

Quote:
Originally Posted by TimeForChange View Post
If builders can get the supplies they will overbuild and housing prices will go down. I spent forty years in the building supply manufacturing business and saw this happen numerous times. In 2001 this Country built almost 1.6 million new homes. Sheet rock, bricks, insulation, shingles and numerous other materials were in short supply and even on allocation to contractors. In 2008 the Country built half that many due to over supply.
And in 2011 The Villages sold 11% of all new homes sold in the entire country! Unique market here.
__________________
Oldcoach Ed
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"
  #56  
Old 10-02-2021, 12:01 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,865
Thanks: 14,313
Thanked 5,108 Times in 1,955 Posts
Default

Quote:
Originally Posted by Escape Artist View Post
California is not "booming". It has one of the highest unemployment and poverty rates in the country. Changing zoning at a state level is not something a governor should do and if he was really serious about improving housing stock he'd reduce state regulations, taxes and fees for new construction or any type of development which are among the highest in the nation.

If you think so highly of California, why did you leave and move to Florida, of all places? You should have stayed to enjoy all the benefits and bounty the Golden State has to offer (such as clean, well-run cities!) while reveling in Newsom's glorious triumph (paid for by special interests).
"But Ferrigno, for all his impeccable connections, has become fed up with what he describes as the 'dramatic decline' in LA. He and wife Carla recently sold their £3 million home in Santa Monica and moved into a 7,146 sq ft mansion two hours north of LA.

Carla says: 'One morning around 7am I opened the curtains in our beautiful Santa Monica home and looking up at me from our driveway were three gang members with tattoos on their faces sitting on our retaining wall. They were cat-calling me and being vulgar. I motioned I was going to call the police and they just laughed, flicking their tongues at me and showing me their guns.'

Her husband added: 'We put the house up for sale after 40 wonderful years and moved north. We feel lucky to have made it out. Now we are in a wonderful place and very happy.'"

From: Hollywood Apocalypse: The rich and famous are fleeing in droves | Daily Mail Online
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #57  
Old 10-03-2021, 08:35 AM
Stu from NYC Stu from NYC is offline
Sage
Join Date: Feb 2020
Posts: 15,261
Thanks: 1,261
Thanked 16,247 Times in 6,364 Posts
Default

Quote:
Originally Posted by jdulej View Post
Check your California bashing at the door and check the actual facts. California is booming. Running budget surpluses and returning tax money to the taxpayers. But, affordable housing simple does not exist near the major urban centers. Something needed to be done, and his move to impact zoning is a good first step. I don't think you'll see concrete tenements going up in the suburbs any time soon
Hmmm people seem to be leaving California in droves. Why is that?
  #58  
Old 10-03-2021, 09:52 AM
Dana1963 Dana1963 is offline
Gold member
Join Date: Jan 2019
Posts: 1,295
Thanks: 3,174
Thanked 1,446 Times in 580 Posts
Default

Quote:
Originally Posted by merrymini View Post
The smartest gov in the country, newsom, just signed a housing bill which allows multiple homes to be built on a single family lot. That should help the situation in ca, zoning gets thrown out the window. His thank you to the people who kept him in office.
Remember the Morse Syndicate tried the same here. Called apartments and homes south of 44 are getting closer together.
  #59  
Old 10-06-2021, 07:59 AM
Nick B Nick B is offline
Senior Member
Join Date: Dec 2015
Posts: 291
Thanks: 327
Thanked 162 Times in 84 Posts
Default

Quote:
Originally Posted by Robnlaura View Post
Again a lot of chatter about a pending housing crash be careful of those fully vested in keeping home prices high realtors Zillow and realtor.com I believe we are in for a moderate correction. When gas hits $5 we will really be in trouble
The sooner the better too many on the road.
  #60  
Old 10-06-2021, 08:02 AM
Nick B Nick B is offline
Senior Member
Join Date: Dec 2015
Posts: 291
Thanks: 327
Thanked 162 Times in 84 Posts
Default

Quote:
Originally Posted by manaboutown View Post
"But Ferrigno, for all his impeccable connections, has become fed up with what he describes as the 'dramatic decline' in LA. He and wife Carla recently sold their £3 million home in Santa Monica and moved into a 7,146 sq ft mansion two hours north of LA.

Carla says: 'One morning around 7am I opened the curtains in our beautiful Santa Monica home and looking up at me from our driveway were three gang members with tattoos on their faces sitting on our retaining wall. They were cat-calling me and being vulgar. I motioned I was going to call the police and they just laughed, flicking their tongues at me and showing me their guns.'

Her husband added: 'We put the house up for sale after 40 wonderful years and moved north. We feel lucky to have made it out. Now we are in a wonderful place and very happy.'"

From: Hollywood Apocalypse: The rich and famous are fleeing in droves | Daily Mail Online
From the things that never happen file. Oy Vay
Closed Thread

Tags
hazard, amazing, opine, care, stop


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 07:28 PM.