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that’s going to just be the land value.
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Feb 21, 2023 04:12
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what a steal
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Feb 21, 2023 04:25
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Bar Ran Dun posted:that’s going to just be the land value. Yea it's less than a 5 minute walk from Northgate Mall and the light rail station.
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Feb 21, 2023 10:08
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1980s: "It's a nice starter home and my kids can walk to the mall" 2020s: "Walking to the mall is now worth $800K"
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Feb 21, 2023 14:43
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I'm curious about what the listing agent's though process was here  
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Feb 21, 2023 14:49
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Who wouldn't want a bathroom that looks like someone did the chainsaw scene from Scarface to a fraggle
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Feb 21, 2023 15:05
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spacemang_spliff posted:I'm curious about what the listing agent's though process was here I believe some agents were doing this for Halloween listings.
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Feb 21, 2023 15:39
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A Bad King posted:I believe some agents were doing this for Halloween listings. that's loving insane
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Feb 21, 2023 17:19
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i say swears online posted:that's loving insane realtors all have brain damage
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Feb 21, 2023 17:21
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Pittsburgh Fentanyl Cloud posted:realtors all have brain damage fun fact: the Realtor lobby is the reason urban renewal projects could never result in more homes than were torn down.
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Feb 21, 2023 17:32
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they're just trying to make their listing go viral, but in like the dumbest, most overdone way possible
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Feb 21, 2023 17:40
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These are the same people who take family photos with the husband holding a sign saying "peace on earth" and all of his family is bound and gagged
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Feb 21, 2023 17:47
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Radirot posted:content:
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Feb 21, 2023 20:40
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Feels like anyone without a home after the giant push in 2020/2021 is waiting for interest rates to fall down again. Increase in % houses bought outright instead of with a loan reflects that.
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Feb 21, 2023 20:46
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i told a friend in summer 2021 that she should just buy any house she can immediately
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Feb 21, 2023 20:48
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the moment rates drop then prices will rise and I will continue to be unable to afford anything 
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Feb 21, 2023 20:48
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actionjackson posted:i told a friend in summer 2021 that she should just buy any house she can immediately I think your overall point is correct but lol that timeline is super short. gotta go back further in time for a prime trend line, my friend
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Feb 21, 2023 20:49
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Ornery and Hornery posted:the moment rates drop then prices will rise and I will continue to be unable to afford anything Alternate theory: rates don't drop and also prices go up
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Feb 21, 2023 20:53
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Make Your Own! https://fred.stlouisfed.org/series/MORTGAGE30US Example: 2015-Present 
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Feb 21, 2023 20:55
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actionjackson posted:i told a friend in summer 2021 that she should just buy any house she can immediately interesting recent dip over christmas, since the fed has continued to raise rates. i assume it's from banks dropping a little profit in exchange for trying to drum up some demand and keep the mortgage offices open Ornery and Hornery posted:I think your overall point is correct but lol that timeline is super short. gotta go back further in time for a prime trend line, my friend sub-3% is pretty good, was there any time in the last few decades it was below that???
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Feb 21, 2023 20:58
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no, that was definitely the nadir. i don't think looking for long term trends make sense because they typically don't exist in this area. there are certain events that cause dramatic shifts, like 2008, or covid
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Feb 21, 2023 21:10
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actionjackson posted:no, that was definitely the nadir. i don't think looking for long term trends make sense because they typically don't exist in this area. there are certain events that cause dramatic shifts, like 2008, or covid can't ever refi if you're locked in at a record low rate 
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Feb 21, 2023 21:17
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Maxwells Demon posted:Feels like anyone without a home after the giant push in 2020/2021 is waiting for interest rates to fall down again. 
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Feb 21, 2023 21:22
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Maxwells Demon posted:Make Your Own! biggest spike since the savings and loans crisis
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Feb 21, 2023 21:25
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Maxwells Demon posted:Feels like anyone without a home after the giant push in 2020/2021 is waiting for interest rates to fall down again. Don't worry we're going to slurp up all those nasty excess savings before that happens
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Feb 21, 2023 21:27
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Wraith of J.O.I. posted:can't ever refi if you're locked in at a record low rate any recent cases on banks trying to get out of their locked rate agreements?
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Feb 21, 2023 21:27
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iirc mortgage rates are at like a 25 year high at this point, ignoring them being just over 7% three months ago
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Feb 21, 2023 22:07
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anime was right posted:iirc mortgage rates are at like a 25 year high at this point, ignoring them being just over 7% three months ago Still fairly low from a historical perspective, though. Whether rates are coming back down to anything like the 2008-2020 period really depends on a lot of factors, and the 30-year fixed normalizing at something like 7-8% (or even a little higher) wouldn't be a massive anomaly. Housing is really broken and the post-2008 ultra low rate environment papered over a lot of problems.
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Feb 21, 2023 22:17
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i say swears online posted:sub-3% is pretty good, was there any time in the last few decades it was below that??? No, and I'm clutching onto my 2.75% fixed rate for dear life. Wraith of J.O.I. posted:can't ever refi if you're locked in at a record low rate Or move. I'm gonna be here for a long, long time.
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Feb 21, 2023 22:23
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I read the end of the url https://fred.stlouisfed.org/series/MORTGAGE30US as MORTGAGEOUS, an appropriate portmanteau
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Feb 22, 2023 01:16
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lookit this fuckin place https://www.zillow.com/homedetails/1102-Sunday-St-Pittsburgh-PA-15212/11375522_zpid/ 
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Feb 22, 2023 01:58
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jesus they need to play up the view because from what I can tell it's incredible
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Feb 22, 2023 02:20
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I have no idea why it's that cheap, it's pretty clear that it was once one house out of a row of them but it looks pretty awesome regardless
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Feb 22, 2023 02:22
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Pittsburgh Fentanyl Cloud posted:I have no idea why it's that cheap, it's pretty clear that it was once one house out of a row of them but it looks pretty awesome regardless Forget about it, Pittsburgh Fentanyl Cloud. It's Pittsburgh.
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Feb 22, 2023 02:32
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Pittsburgh Fentanyl Cloud posted:lookit this fuckin place you should get it that’s pretty cool
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Feb 22, 2023 04:01
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euphronius posted:you should get it I'm gonna go look Saturday
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Feb 22, 2023 04:20
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Some of those floors are amazing.
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Feb 22, 2023 04:23
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Willa Rogers posted:Some of those floors are amazing. That house is in a "black" "scary" neighborhood and that's why it's that cheap I'm hoping on rolling out there on Saturday and dropping a letter to get it before the white people notice it
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Feb 22, 2023 04:29
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Probably not in a flood zone.
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Feb 22, 2023 05:38
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you could build a real cool zipline off of that place
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Feb 22, 2023 05:39
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