Hubbert posted:

You might not like it, but this is what affordable housing looks like at peak performance.

Lawlicaust posted:

Stick a fork in the market, it’s loving tanking. We had an open house today after doing a price reduction this week. One person came. We’re well under what would have been market value a few weeks ago and basically the only house on the market in the area with land that is in good shape.

Going to drop the price another 10% tomorrow and see what happens. Our agent said all her client’s properties are like this right now. No calls.

We’re still ahead on the house if we sell even with another 10% drop. Gonna be loving brutal in a month or two if we don’t sell though. I see a lot of houses in our range that haven’t changed prices and have been sitting for 30 days. And there’s pretty much nothing going pending.

The rate change looks like less of a correction than a full on panic, lol.

Pittsburgh Fentanyl Cloud posted:

lol sure why not

Pittsburgh Fentanyl Cloud posted:

Stuff is still going contingent/pending at the usual rates in my zip code for this time of year. One just went contingent at $536k, hope that guy budgeted for the new interest rates.

Ornery and Hornery posted:

what areas

quote:

Under pressure to address the nation’s soaring housing costs, the Biden administration on Wednesday announced significant new actions to protect tenants and make renting more affordable.

The announcement involves multiple federal agencies that will gather information on unfair housing practices. It includes a “Blueprint for a Renters Bill of Rights” that, while not binding, sets clear guidelines to help renters stay in affordable housing. The White House is also launching a call to action, dubbed the “Resident-Centered Housing Challenge,” that aims to get housing providers as well as state and local governments to strengthen policies in their own markets.

Pittsburgh Fentanyl Cloud posted:

This place here was last sold in 2004 for $207K and it's still assessed at that.

The moment this place closes the school district is going to sue to reassess at that sale price, the guy who bought it is going to find that $519,900 @ 36.03 mills means he's paying $1560 a month in property taxes on an 1800 square foot house and he's gonna poo poo a brick.

Pittsburgh Fentanyl Cloud posted:

Please refer to my earlier post about the Sunday St Gingerbread House

My wife is insanely pissed about that

spacemang_spliff posted:

lol

Flood Risk for 1118 Sarah St

Flood Factor is extreme, 9 out of 10
Flood Factor™
This property has a 99.80% risk of flooding over 30 years. This property’s risk of flood is increasing as weather patterns change. Flooding in this area is caused by precipitation.

Pittsburgh Fentanyl Cloud posted:

City earned income tax is 3% and there will absolutely be a reassessment after sale to what they paid at 22.99 mills

Blockade posted:

quote:

Ed Helms, who is retired, and his wife, Johnnie, moved to a gated North Georgia community that partially sits in both Dawson and Pickens counties after living in Panama City Beach, Florida.

The couple sought to leave Florida due to the threat of hurricanes, increased traffic congestion, and elevated costs, The Journal reported. And while Ed Helms has encountered new development in North Georgia, he told the newspaper that it still pales in comparison with the sort of growth that he witnessed in Florida.

"Our property insurance was going sky high," he said of Florida living. "We got tired of being unable to find a place to sit in restaurants."

Billy Thurmond, a county native and the chairman of the Dawson County Board of Commissioners, told The Journal that some recent arrivals now stop him to express their frustration over the sustained development.

"People who have moved here now want us to put up a gate and stop anybody else from moving here," he told the newspaper. "It doesn't work that way."

Paradoxish posted:

Snowbird brain is a hell of a thing and the people afflicted with it do not make smart decisions despite sometimes spending years anticipating and planning every last detail of their move. It's a group that already self selects for being so wildly bothered by cold weather and snow that they uproot their whole lives (and often gently caress up the lives of their families by constantly insisting that they visit) to move to one of the shittiest states in the country.

It's also a one-way trip for a lot of these people because they sell everything in their high CoL area to move to Florida, which makes doing the reverse completely impossible. As Florida gets even shittier and more unaffordable a lot of these people are going to keep chasing the dream in shittier and cheaper places.