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Housing in the USA has been relatively cheap for a very long time. I think those times are over. The local news has been reporting on this bust in the Seattle
by tjr225 4y ago
Housing in the USA has been relatively cheap for a very long time. I think those times are over.
The local news has been reporting on this bust in the Seattle area but median prices are barely down from a year ago. People are still lucky if they can get pre-purchase inspections. Californians, Texans, Midwesterners, Southerners still moving here in droves. My sister in law back in the midwest just spent 400k on a house in the middle of nowhere in Southwest Michigan. Welcome to the new order.
- __derek__ 4y ago> The local news has been reporting on this bust in the Seattle area but median prices are barely down from a year ago. You're referring to Wednesday's Seattle Times piece[1], I assume? Median prices are still way up from a year ago. They're down from last month. [1]: https://www.seattletimes.com/business/real-estate/king-county-home-prices-fall-6-as-sellers-come-back-down-to-earth/ https://www.seattletimes.com/business/real-estate/king-count...
- tjr225 4y agoYeah, that’s what I meant, sorry.