PebHmong Discussion Forum

General Category => General Discussion => Topic started by: Dok_Champa on July 15, 2021, 03:16:30 PM

Title: How Is the Housing Market in Your Area?
Post by: Dok_Champa on July 15, 2021, 03:16:30 PM
It is still a seller's market?
Title: Re: How Is the Housing Market in Your Area?
Post by: DuMa on July 15, 2021, 03:21:54 PM
People stopped trying.  Get overbid by desperate buyers who trying to lock in on that low interest rates.  They'll do bids like no inspection needed and I got cash to pay it all or how about favors like I'll throw in some superbowl tickets or instead of paying you 100k over, how about I'll put 100k into your next house buying instead?  How can you compete fairly in a market like this if it will be your first time buying a home? 

SF rentals are going up however, there is a program out there that prevents these landlords to jack up the rates since we are not fully out of this pandemic. 

Pre pandemic, houses in my dad's cow town were going for $260k on the average.  These same houses are pushing $300K now. 

Best to wait and hoping for the market to correct or die off so you can grab a few more.  Didn't I preach for the worse president who will jack up this housing market and economy so that you may buy on the low and come up when the next best president will take office?  Save your money till then and be ready to shoot with the big boys when the time is ready.   O0
Title: Re: How Is the Housing Market in Your Area?
Post by: hmgROCK on July 15, 2021, 10:24:17 PM
So you sell your house for $1 million
Cool,,,, gratz you won!!!!!
But now you have no place to live
And....
All the houses around you also sell for $1 million
You buy a new house for $1 million

Have you really won???
Title: Re: How Is the Housing Market in Your Area?
Post by: Dok_Champa on July 16, 2021, 08:22:53 AM
Quote from: hmgROCK on July 15, 2021, 10:24:17 PM
So you sell your house for $1 million
Cool,,,, gratz you won!!!!!
But now you have no place to live
And....
All the houses around you also sell for $1 million
You buy a new house for $1 million

Have you really won???
I'd never sell w/out a backup plan.  I sell my house for a million, I live in my other house rent free... Yes, I've won ;D ;D ;D ;D ;D
Title: Re: How Is the Housing Market in Your Area?
Post by: Mr_Mechanic on July 16, 2021, 10:10:11 AM
yes.  most time, house is sold before you can say we'll like to put our offer in.
Title: Re: How Is the Housing Market in Your Area?
Post by: hmgROCK on July 16, 2021, 11:10:40 AM
Quote from: Dok_Champa on July 16, 2021, 08:22:53 AM
I'd never sell w/out a backup plan.  I sell my house for a million, I live in my other house rent free... Yes, I've won ;D ;D ;D ;D ;D

You should tell us how much you making from your real estate
A lot of these PH brothers don’t believe me
When i say you are just EVENING IT OUT

MAYBE $200-500/month if lucky
Title: Re: How Is the Housing Market in Your Area?
Post by: Dok_Champa on July 16, 2021, 11:31:55 AM
Quote from: hmgROCK on July 16, 2021, 11:10:40 AM
You should tell us how much you making from your real estate
A lot of these PH brothers don’t believe me
When i say you are just EVENING IT OUT

MAYBE $200-500/month if lucky
Sorry,  not into real estate so me no help.  But, if I were to sell my house, I could easily make 100K-150K.  I'm downsizing to living rent free :D :D :D