Normally you would call bs on this but it’s happening in my neighborhood. All cash, way over asking. It’s nuts. This won’t end well.
Normally you would call bs on this but it’s happening in my neighborhood. All cash, way over asking. It’s nuts. This won’t end well.
No homeowner is going to wait for a home to appraise when a investor has millions in cash on hand. Mom and pop single family is becoming history now.Depressing. Surely this bubble will have to pop at some point, right? These seems even more outrageous than the housing bubble of the mid-2000s.
Blackrock buying up everything they can......all this has been planned out for a looonnnngggg time.No homeowner is going to wait for a home to appraise when a investor has millions in cash on hand. Mom and pop single family is becoming history now.
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Real-Estate Investors Bought a Record 18% of the U.S. Homes That Sold in the Third Quarter
Single-family homes represented a record 74% of investor purchases. Low-priced properties made up 36% of purchases, an all-time low.www.redfin.com
It absolutely needs to. There's a lot of young people who need some sort of affordable housing and all that is "affordable" is "Investor's dreams! Needs to be gutted and have 50k put into restoration! Listing price is 200k!" garbage out there. Finding a decent home even at an acceptable price is near impossible. Want land? That's going to cost just as much and you haven't even got a house either. You also live on a cheese wedge between two lots for that price and half the land is unusable. At this rate most of the younger generation will be living in apartments for life because they can't ever afford the larger homes that most older Americans own today because of those investors. There has to be a breaking point.Depressing. Surely this bubble will have to pop at some point, right? These seems even more outrageous than the housing bubble of the mid-2000s.
Normally you would call bs on this but it’s happening in my neighborhood. All cash, way over asking. It’s nuts. This won’t end well.
Yeah, it’s wild. I can’t really find any halfway decent houses in my area for under $400k now (and that’s for a smaller 1,500ish sq ft house) even out in the further suburbs. It’s crazy…It absolutely needs to. There's a lot of young people who need some sort of affordable housing and all that is "affordable" is "Investor's dreams! Needs to be gutted and have 50k put into restoration! Listing price is 200k!" garbage out there. Finding a decent home even at an acceptable price is near impossible. Want land? That's going to cost just as much and you haven't even got a house either. You also live on a cheese wedge between two lots for that price and half the land is unusable. At this rate most of the younger generation will be living in apartments for life because they can't ever afford the larger homes that most older Americans own today because of those investors. There has to be a breaking point.
Low float oil stocks, MXC MARPS EMKR HUSA USEGBig runners! One has not started trading yet.
Top is in boysJust gave up on being a bear and became a bull. I can’t imagine this rally will continue for too long, but I might as well ride it until the top blows off. ?
Setting stop losses will be paramount.
I know, right. ?Top is in boys
Seems about time to bring this goody out again$FB one of my best swings of the year with options and shares from $190 level. Power of a falling wedge breakout with a huge gap above....
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So glad I took profit yesterday. What a financial move. I mean it was easy to see the 6 day index penny stock green boner rally was going to continue at least another 4 days minimum before the next 0.5% pullback.. ??$FB one of my best swings of the year with options and shares from $190 level. Power of a falling wedge breakout with a huge gap above....
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There is a lot of frustrated bears but even the bulls are getting frustrated...which says a lot.So glad I took profit yesterday. What a financial move. I mean it was easy to see the 6 day index penny stock green boner rally was going to continue at least another 4 days minimum before the next 0.5% pullback.. ??![]()
I bought GME at $20 back when Robbinghood turned off the buy button. I've held since then, and will continue to do so. F the hedgies and SEC. They are some corrupt evil mofos.
Refinanced my house for 2.75%. Don’t regret it at all.Mortgage rates at 4.75%. Just how high will they go if Fed raises rates to 2.5%. So glad I refinanced for 3% last year.
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Mortgage rates are surging faster than expected, prompting economists to lower their home sales forecasts
Mortgage rates are rising far faster than economists had predicted, and some are now revising their home sales forecasts lower as a result.www.cnbc.com