Sanrith Descartes
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Home buying thread
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Seananigans
Honorary Shit-PhD
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That sort of metric is nigh useless at a national level. Real Estate / Housing is one of the most regional things, such that two adjacent square miles can have wildly different results.
If I had to guess, for the past couple of years we've been in a period where even more than usual, activity is segregated to a certain minority of regions or sub-regions. Makes national numbers look one way and then you look around your local area and wonder "wtf?"
If I had to guess, for the past couple of years we've been in a period where even more than usual, activity is segregated to a certain minority of regions or sub-regions. Makes national numbers look one way and then you look around your local area and wonder "wtf?"
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Yep. Very regional. I was looking at one of these weird modern “big country” things when I was looking in 4/2020. If not this exact one (under construction at the time), the one next to it.
Here's more pictures of whatever style you call this. The materials are all top notch, at least when I was over there last. https://www.zillow.com/homedetails/3631-Bitterroot-Cv-Bentonville-AR-72712/2083508606_zpid/
Here's more pictures of whatever style you call this. The materials are all top notch, at least when I was over there last. https://www.zillow.com/homedetails/3631-Bitterroot-Cv-Bentonville-AR-72712/2083508606_zpid/
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There is no house in my area that goes for sale that is on the market more than three days. It's ridiculous. People ask $400K and get offers for $475K over night.
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Lanx
<Prior Amod>
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my right neighbor is a rental, the first guy that moved in, he paid 2200, i was like wth thats my mortgage (i got in at the low rate), then we had...
canadians move in, they paid 2800, i'm like wtf is happening
now new tenants, fucking brits, i ask em
3200
canadians move in, they paid 2800, i'm like wtf is happening
now new tenants, fucking brits, i ask em
3200
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Gravel
Mr. Poopybutthole
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I mentioned it a while back, but there was an approximately 1600 sqft trailer in Orange Beach close to my mother-in-law's place that was renting for $2400 like 3 years ago.
I get it though, which is why we want to build there. It's got a 28 mile bike/backcountry trail system, tons of beach shit, restaurants galore, events at places like The Hangout (even music festivals), The Wharf (summer concerts), Florabama, and OWA (which is also an amusement park), it's got outlet malls in Foley for those who like shopping. And it's still small enough to feel like a little beach town.
I'm hoping we can find a couple builders to talk to in the next few months. Even though it's a shit time to be building, and trying to sell our current house.
Burnem Wizfyre
Log Wizard
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3 doors down is a rental, asked the guy how much he pays and he just asked Que? Few months went by and he was deported, next guy who rented when I asked how much he’s paying just said “Sheeeit” but a few months went by and he was arrested. Next was a gay couple who when I asked how much they paid they just asked me about the park and if I had a son I’d let come over and play, few months went by and they were found dead in an apparent double suicide. Next guy who moved in I asked if he knew about the apparent double suicide and he said yeah wasn’t it great, I only pay $800 a month because of it and then offered me over to have some hummus.
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Burnem Wizfyre
Log Wizard
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Burnem Wizfyre
Log Wizard
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That wasn’t ChatGPT generated, I dare you to get chapGPT to generate a story that racist. That was 100% my retardation, I don’t outsource my retardation sir.
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Burnem Wizfyre
Log Wizard
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The hummus was good but it didn’t break the death chain, he died in a house fire, couldn’t get the wooden door open.
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Lanx
<Prior Amod>
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foot lift ron wants to get rid of property taxes
who the fuck pays 15k a year for a house worth less than 1m(at the time)
who the fuck pays 15k a year for a house worth less than 1m(at the time)
Kithani
Blackwing Lair Raider
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Imagine being a fucking real estate lawyer for over two decades and not understanding how property taxes work
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Captain Suave
Caesar si viveret, ad remum dareris.
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Something is wonky with that story. The real estate tax in FL is 0.74% for primary residences. $4.4M * 0.74% is ~$32k. A $90k+ bill would be 2%+ of the property value.
FL property taxes are ~20% of municipal/county revenues and up to 60% of school funding. If they want to cut that source they're going to have to lose some services.
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I’m sure the plan is to pass a chunk of the taxes onto tourists in the form of a sales tax. Meatball knows you can’t just cut all that revenue without replacing it.