Gravel
Mr. Poopybutthole
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Dunno. Our house is about $300k, new construction. We're in the panhandle which is worse than the Tampa area for hurricanes (which is what I thought you mentioned looking at).
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Home buying thread
- Thread starter Pasteton
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Jysin
Ahn'Qiraj Raider
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Also depends how close to the coast you are in FL. Visited a good friend of mine a couple weeks back who lives a couple blocks from the ocean on Indian Harbor (Melbourne, FL). I was curious and asked about home insurance and he said flat out the only insurance is from the state. No companies would insure otherwise.
Tmac
Adventurer
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My family has a house touching sand in Melbourne, but I’d have to ask about insurance.
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I thought I was getting ripped off for a sec. I’m paying $2100 but I’ve got 675k in coverage to build back in the event of a disaster. (Tornado here, hurricane there I guess)
Gravel
Mr. Poopybutthole
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Found this super interesting about the housing market. It doesn't really provide any conclusions, but it's a good eye opener (at least for me) about how housing has gotten out of control.
Now, it's highly localized to California (and really, San Francisco), but those tech workers are also moving all over the country.
www.granolashotgun.com
Now, it's highly localized to California (and really, San Francisco), but those tech workers are also moving all over the country.
The Anecdotal Buy Back Effect — GS
I spend entirely too much time listening to experts in business, government, and academia explain the economy in general and the property market in particular. Looking back, very few people who are purported to know how the economy works based on empirical evidence have successfully predicted the wi
www.granolashotgun.com
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Fucker
Log Wizard
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They are flowing out of California, and the flow isn't going to stop any time soon. It is weird to drive down the road and see steady streams of expensive cars all over the place.Found this super interesting about the housing market. It doesn't really provide any conclusions, but it's a good eye opener (at least for me) about how housing has gotten out of control.
Now, it's highly localized to California (and really, San Francisco), but those tech workers are also moving all over the country.
The Anecdotal Buy Back Effect — GS
I spend entirely too much time listening to experts in business, government, and academia explain the economy in general and the property market in particular. Looking back, very few people who are purported to know how the economy works based on empirical evidence have successfully predicted the wi
I'm moving to a state that isn't quite on anyone's radar (yet), and I had two houses bought out from under me while I was on the phone with the agent. Cash offers over ask...not hugely over, but they will start going in that direction soon. Houses selling the day they are posted is common. My agent says the market has never been so busy. The house I bought only cost me $20k over list and they had a line of people wanting it. Cash is king!
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Pancreas
Vyemm Raider
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If you don't have your health you don't have anything.
The vaccine kills people every day. Losing a mortgage won't kill you, it will suck and may change your life, but you will still have it, the life that is.
The government fucked up hard on this one. Mandating a substance that is shown to provide almost no benefit and can destroy your health for the rest of your life if not kill you is breaking people.
The S1 proteins the vaccine floods your system with are only dangerous, put you at greater risk from complications and death if you do catch covid and will absolutely kill you if you get enough of them in your body.
The boosters will kill people at higher rates than the first round vaccines of those go through.
Resist this evil bullshit. As the tide of anger washes over the monsters that got us here, those who made the right choices and didn't compromise their values will be thankful they did not risk permanent injury and death for temporary convenience.
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Flobee
Vyemm Raider
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Just closed on my property last week. We snuck in under asking on this one, but only because we got outbid on first offer and it fell through, seller was desperate and we were able to go under contract same day. Spent the last ~6 months looking and got outbid multiple times. Same story, cash offers same day, sight unseen. The market is completely insane, although it seems to be slowing for the year according to our agent. Also hearing that most purchases are from California according to our inspector. This is in a fairly rural part of a flyover state.
Its just anecdotes, but seems to be the same everywhere.
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Gravel
Mr. Poopybutthole
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Only went back a few pages, but what state are you buying in?
Shit still seems insane here in Florida. I've been on Zillow since June just watching the market and thought it had been slowing down. Nope, what actually was happening was my maximum dollar price I had been using was too low (and I didn't want to see the super expensive mansions and shit). Turns out that everything is still going up in price and I just wasn't seeing it anymore. We've got 1-1.5k sqft places selling for $300-350k now. It's not city prices yet, but it's pretty insane.
We're getting everything lined up. We do our inspection in 2 weeks on the 7th, final walkthrough the next week on the 12th, and close a week after that on the 19th. They've been locking the place up lately, so we haven't been inside in a while, but it looks like plumbing/fixtures are now done, and they also got all the flooring in. Only thing left is appliances and grading the property and sodding it.
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TJT
Mr. Poopybutthole
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Sales will slow and prices will stabilize with the school year. Families are very resistant to moving when school is in session. So its par the course for the moment I guess.
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Flobee
Vyemm Raider
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Missouri. Good luck on the close man, I know you were sweating keeping your job long enough. Hope it works out!
Jysin
Ahn'Qiraj Raider
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Hot U.S. Housing Market Cooled Some in August
The turbocharged housing market slowed in August as near record asking prices are giving buyers pause, easing some of the frenzy that gripped the market only a few months ago.
www.wsj.com
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Tmac
Adventurer
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Any idea when the foreclosure and rent moratoriums will start funneling through? My wife and I have been looking all over the place for something rent or buy and it's all insane.
I've even considered paying $4500 rent in Charelston, SC for a year just to bite the bullet and wait out the market. IDK if I could ever do it bc of the opportunity cost, but we've atleast discussed it.
I've even considered paying $4500 rent in Charelston, SC for a year just to bite the bullet and wait out the market. IDK if I could ever do it bc of the opportunity cost, but we've atleast discussed it.
TJT
Mr. Poopybutthole
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If we look back to the 2008 market, while it was a buyers market for 5 or so years, the banks sat on foreclosures for a long time to not fuck with their books. When they did sell off properties you had to pay backtaxes on it to close the sale... That's how I remember it anyway.
So mileage may vary I guess.
So mileage may vary I guess.
Lanx
<Prior Amod>
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Lanx
<Prior Amod>
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Tmac
Adventurer
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