05-06-2021, 03:22 PM
(05-06-2021, 03:12 PM)vbin Wrote: Housing stocks may be, not the house prices though. Inventory all time low and every house getting 15-20 offers way above market prices.
This is why I sold my house. I got 60k over asking price. The market is crazy. As is used cars
Eventually it will end. Its a great sellers market, but unless your downgrading you go to pay way way above book lol
New single homes start at a million in my area, and town home start at 500k. Ridiculous!! I can get the same house built in Houston for 380k
But I agree. You need to be very careful in the housing market and I wouldn't buy 1 home builder unless they dropped 50% off lol