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Misc 2021 Spring/Summer Whamby Thread

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Anyone else seeing there neighborhood houses selling for crazy prices?

A house down the street from me…family paid $600k 2 years ago and just sold it for $800k. Makes me want to sell and live in a tent.
Same here. A neighbor of mine paid $1.4 million a few years ago and sold it for $1.7 million recently.
 
Same here. A neighbor of mine paid $1.4 million a few years ago and sold it for $1.7 million recently.
You have a neighbor in hickory already ? Also nice , you rich if your neighbors homes are going for millions , coming from Indiana especially where it’s cheap ! Imma be nice from now on maybe I get added to the will!
 
Anyone else seeing there neighborhood houses selling for crazy prices?

A house down the street from me…family paid $600k 2 years ago and just sold it for $800k. Makes me want to sell and live in a tent.

The whole country (especially all of LA) seems to be moving to DFW. So yeah, homes are going for as much as $100K above list price. It's so bad that builders are resorting to cancelling contracts. Far flung towns that were in the middle of nowhere just 10-15 years ago are seeing subdivsions and shopping centers go up everywhere.

I even read a post on Reddit yesterday about a person who's being evicted so their landlord can sell their home for $500K without an inspection, and it's filled with all sorts of code violations that were making them sick.

If I recall, I think Brent mentioned the skyrocketing prices in DFW are part of the reason he left.
 
Not in Wilkes no one will pay a lot for used mobile home from the 1950’s even tho it survive Ice storms and hugo
 
The whole country (especially all of LA) seems to be moving to DFW. So yeah, homes are going for as much as $100K above list price. It's so bad that builders are resorting to cancelling contracts. Far flung towns that were in the middle of nowhere just 10-15 years ago are seeing subdivsions and shopping centers go up everywhere.

I even read a post on Reddit yesterday about a person who's being evicted so their landlord can sell their home for $500K without an inspection, and it's filled with all sorts of code violations that were making them sick.

If I recall, I think Brent mentioned the skyrocketing prices in DFW are part of the reason he left.
Prosper, TX north of Dallas has been growing fast. 2,000 people 20 years ago. Now its 30,000.
 
Red Hot Chili Peppers working on a new album. Hope it sounds like the Californication and By the Way albums. They were their best ones.
 
Anyone else seeing there neighborhood houses selling for crazy prices?

A house down the street from me…family paid $600k 2 years ago and just sold it for $800k. Makes me want to sell and live in a tent.
Basically. My grandpa was offered $15k an acre for our 40 acre family farm back in the early 2000’s. Didn’t sell. Land here is now worth around $70-100k an acre.

I have a copy of the original deed. I think my great great grandpa paid around $5k for the original 60’ish+ acre tract back in the late 1800’s.
 
Mobile homes have a 25 year lifespan of course no one is buying that even if that exists which I doubt !
The one I lived in was 27 years old and it was newer than a lot of folks. If you place them in-between hills/mtns/holes that are sheltered from wind and sun you would be surprised how old some are here.
 
Watch out Carolinas I’m afraid if this thing does develop near Myrtle beach it could blast the western Carolinas with hot dry sinking air up to 95-105 degrees but hopefully not maybe it will trend showery
 
I know some hilly areas that manage near zero sunlight year round due to terrain and heavy forest. That’s where I would put a trailer
 
Basically. My grandpa was offered $15k an acre for our 40 acre family farm back in the early 2000’s. Didn’t sell. Land here is now worth around $70-100k an acre.

I have a copy of the original deed. I think my great great grandpa paid around $5k for the original 60’ish+ acre tract back in the late 1800’s.
Man Im in the wrong business.
 
Mobile homes have a 25 year lifespan of course no one is buying that even if that exists which I doubt !
I bought a brand new Clayton modular/doublewide on a steal back in 2017 for $36,500 at a liquidator up in Goldsboro NC.. I set it up and underpinned it with brick out at our family farm. It will be paid off in January. The same exact 2021 model now costs $85,000 without delivery or setup. The plan was to buy this and live in it while we save to build. Now imagine if we had just been renting an apartment for the last 4 years. One of the best decisions of my life was buying this thing. Need vasectomy though because we’re about to outgrow it ?.
 
Wilke Co needs a university I think lawsuit needs to be made to breakup asu they too big for their britches come down the MTN and make a top school on the Kerr Scott
 
I'm not wearing a mask again. One reason why I got vaccinated was so I wouldn't have to wear a mask anymore.

Totally. I did not get vaccinated to wear a mask again. No way I dont care what grandpa Biden says

I cancelled my flights on Friday and am just driving back lol haven't worn a mask at all down here and not about to start..Monday was the first time in weeks and that was only because of flying

Oh and yeah the reason I left DFW was the absurd cost of living
 
Anyone else seeing there neighborhood houses selling for crazy prices?

A house down the street from me…family paid $600k 2 years ago and just sold it for $800k. Makes me want to sell and live in a tent.
A house down the street from me sold for $550k. That's crazy for my hood. But this area of the county is really expanding. And with 540 going in nearby, I would expect to see things continue to increase...as long as the economy here stays hot.
 
Been dealing with CenturyLink internet issues for 16 months now and am just fed up. Reached out to ABC11 Trouble Shooter, hoping they will help us out with this.

During the height of the pandemic and both kids were home (college remotely), the wife was home and I was there every other day, we lost internet. Issue with one of their lines about .2 mile from our house (remember we live in rural area), they came out and replaced the line so internet was working but that line was just laid on top of the ground, next to the road. Long story short, 16 months later, 8 times (counting today) that line has been cut by road crews or farm crews mowing grass and no service. I've made over a dozen calls, talked to customer service, supervisors, technicians and finally back in April took to Twitter to express my concerns. I've had 2 long Twitter DM conversations with 2 different customer service reps who have "escalated" the situation and had tickets entered for the lines to be buried. Most recently they were scheduled to be buried Monday but that didn't happen and like I said, today the crews ripped those lines to shreds. There is no other internet provider in our location other than CenturyLink and we are at our wits end to get a resolution. So local media don't let me down

I've seen or heard this very message so many times over the last year it's ridiculous....

1626968393997.png
 
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Been dealing with CenturyLink internet issues for 16 months now and am just fed up. Reached out to ABC11 Trouble Shooter, hoping they will help us out with this.

During the height of the pandemic and both kids were home (college remotely), the wife was home and I was there every other day, we lost internet. Issue with one of their lines about .2 mile from our house (remember we live in rural area), they came out and replaced the line so internet was working but that line was just laid on top of the ground, next to the road. Long story short, 16 months later, 8 times (counting today) that line has been cut by road crews or farm crews mowing grass and no service. I've made over a dozen calls, talked to customer service, supervisors, technicians and finally back in April took to Twitter to express my concerns. I've had 2 long Twitter DM conversations with 2 different customer service reps who have "escalated" the situation and had tickets entered for the lines to be buried. Most recently they were scheduled to be buried Monday but that didn't happen and like I said, today the crews ripped those lines to shreds. There is no other internet provider in our location other than CenturyLink and we are at our wits end to get a resolution. So local media don't let me down

I've seen or heard this very message so many times over the last year it's ridiculous....

View attachment 86957
@Lickwx says he's a man's man and will bury the line for you with a spoon and butter knife
 
My next door neighbor bought in early 2019 for about $260k. Sold a couple days ago for $345k. It was listed for $315k! This is in Hillsborough too.
When my wife and I saw the house prices rocketing this was our conversation

Wife: We could sell our 200K house and make 100K to buy a bigger house!

Me: and buy what? That bigger house cost more too?

Wife: Well now we have 100K to put down...

Me: That's now how any of this works. Lets say we magically walk away with all 100K in profit. Well that 4 bedroom house also inflated, and now costs 350K - 400K. So We went from a remaining mortgage of 120K to 250K to 300K?? The only people upgrading in this scenario is the damn bank.
 
When my wife and I saw the house prices rocketing this was our conversation

Wife: We could sell our 200K house and make 100K to buy a bigger house!

Me: and buy what? That bigger house cost more too?

Wife: Well now we have 100K to put down...

Me: That's now how any of this works. Lets say we magically walk away with all 100K in profit. Well that 4 bedroom house also inflated, and now costs 350K - 400K. So We went from a remaining mortgage of 120K to 250K to 300K?? The only people upgrading in this scenario is the damn bank.
The best thing to do would be to move to a much lower priced market. But that's not really easy for most people. You could also pocket the money and rent for a while, although renting is inflated as well. If you knew the market was going to correct in the not-too-distant future, that would be the thing to do. But who knows that? That's hard to tell.
 
When my wife and I saw the house prices rocketing this was our conversation

Wife: We could sell our 200K house and make 100K to buy a bigger house!

Me: and buy what? That bigger house cost more too?

Wife: Well now we have 100K to put down...

Me: That's now how any of this works. Lets say we magically walk away with all 100K in profit. Well that 4 bedroom house also inflated, and now costs 350K - 400K. So We went from a remaining mortgage of 120K to 250K to 300K?? The only people upgrading in this scenario is the damn bank.
Move to the midwest. You can get a nice house for cheap in many areas.
 
The best thing to do would be to move to a much lower priced market. But that's not really easy for most people. You could also pocket the money and rent for a while, although renting is inflated as well. If you knew the market was going to correct in the not-too-distant future, that would be the thing to do. But who knows that? That's hard to tell.
Or move to Wilkes, I understand their trailer market is hawt right now
 
When my wife and I saw the house prices rocketing this was our conversation

Wife: We could sell our 200K house and make 100K to buy a bigger house!

Me: and buy what? That bigger house cost more too?

Wife: Well now we have 100K to put down...

Me: That's now how any of this works. Lets say we magically walk away with all 100K in profit. Well that 4 bedroom house also inflated, and now costs 350K - 400K. So We went from a remaining mortgage of 120K to 250K to 300K?? The only people upgrading in this scenario is the damn bank.
You could always take the 100k profit and throw it into one of @Jimmy Hypocracy stonk plays, you'd be a millionaire in a few years
 
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