Page 326 of 1076 FirstFirst ... 321 322 323 324 325 326 327 328 329 330 331 ... LastLast
Results 8,126 to 8,150 of 26889
  1. #8126
    Join Date
    Oct 2007
    Posts
    12,609
    Quote Originally Posted by Shredhead View Post
    They just put these up at the bottom of the hill. Not even ski in/out.

    https://www.zillow.com/homedetails/1...86432811_zpid/
    3br 5ba? I guess when you shit gold you'd want a lot of toilets.

  2. #8127
    Join Date
    Sep 2006
    Posts
    8,245
    Just accepted an offer on our house, all cash, asking price. Had a 2nd offer on same day for asking price and all cash as well. Went with the buyer who is a current NFL QB with a super bowl ring. #noyoucan'ttouchme.

    Market seems to still be very strong in Bend. House was on the market for 8 days. Tons of showings and interest. Yeah, I live in a nice 'hood...

    On to the next adventure.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  3. #8128
    Join Date
    Oct 2017
    Posts
    202
    Quote Originally Posted by Name Redacted View Post
    3br 5ba? I guess when you shit gold you'd want a lot of toilets.
    honestly, having two guest bathrooms in a small house like that has more to do with allowing your more eccentric party guests to rail coke and fuck each other without bothering the more conservative guests. one becomes a shitter and the other just serves as a private space; by eliminating conflict, this allows for people to turn a blind eye to an extended bathroom visit.

  4. #8129
    Join Date
    Dec 2016
    Posts
    2,571
    Quote Originally Posted by Toadman View Post
    Just accepted an offer on our house, all cash, asking price. Had a 2nd offer on same day for asking price and all cash as well. Went with the buyer who is a current NFL QB with a super bowl ring. #noyoucan'ttouchme.

    Market seems to still be very strong in Bend. House was on the market for 8 days. Tons of showings and interest. Yeah, I live in a nice 'hood...

    On to the next adventure.
    Solid. If you don’t mind>> Buying again—spending up or buying down?
    Stay around Bend or greener pastures?

  5. #8130
    Join Date
    Sep 2006
    Posts
    8,245
    ^^^ Staying in Bend. Will end up spending a bit more for the bigger garage and the nicer view.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  6. #8131
    Join Date
    Oct 2007
    Posts
    12,609
    Quote Originally Posted by LesterSmoove View Post
    honestly, having two guest bathrooms in a small house like that has more to do with allowing your more eccentric party guests to rail coke and fuck each other without bothering the more conservative guests. one becomes a shitter and the other just serves as a private space; by eliminating conflict, this allows for people to turn a blind eye to an extended bathroom visit.
    Fair enough. Can't fault a good party pad.

  7. #8132
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Yeah, my first reaction too. Fuck pit.

  8. #8133
    Join Date
    Sep 2014
    Posts
    1,899
    Soooo, real estate guys. What's happening and what's gonna happen with this market in these times? I'm clueless, don't own any property; simply interested in analysis, thoughts, opinions.
    Master of mediocrity.

  9. #8134
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Too early to tell.

  10. #8135
    Join Date
    Sep 2006
    Posts
    8,245
    Still closing. Earnest money put down a few weeks ago. Dude signed a nice 7 figure salary for this season, if there's a season. Kind of weird knowing what your buyer makes...Should have listed the house for more. Oh well. As a friend said, "best not to go there."
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  11. #8136
    Join Date
    Feb 2014
    Posts
    2,480
    Learn the laws like this guy

  12. #8137
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    3,716
    Quote Originally Posted by swissiphic View Post
    Soooo, real estate guys. What's happening and what's gonna happen with this market in these times? I'm clueless, don't own any property; simply interested in analysis, thoughts, opinions.
    We are about to have unemployment that is worse than the 2008 financial crisis.

    Real estate is going to follow the stock market off a cliff.

  13. #8138
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    I don't know. Sure, a lot of missed mortgage payments, but RE isn't all bubbled up with wild credit speculation ten layers deep in the financial system. Hot markets will suddenly suck, like, ahem, Denver, but I'll bet Trump and the Republicans will protect "homeowners" in an election year. It's not the greatest market, anyway, at the moment, and, as always, you gotta live somewhere.

  14. #8139
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    3,716
    Quote Originally Posted by Benny Profane View Post
    I don't know. Sure, a lot of missed mortgage payments, but RE isn't all bubbled up with wild credit speculation ten layers deep in the financial system. Hot markets will suddenly suck, like, ahem, Denver, but I'll bet Trump and the Republicans will protect "homeowners" in an election year. It's not the greatest market, anyway, at the moment, and, as always, you gotta live somewhere.
    Yeah, Colorado is about to lose a 200k+ oil and gas jobs of top of the hundreds of thousands of restaurant, hospitality and tourism jobs we just lost.

    That's a lot of houses that are going to go into foreclosure and a lot of rentals that aren't going to collect rent, leading to rental foreclosures.

  15. #8140
    Join Date
    Sep 2006
    Posts
    8,245
    From Redfin...

    https://www.redfin.com/blog/coronavi...uirySource=367

    On Thursday, the housing market took a turn for the worse. A week ago, we reported that nationwide homebuyer demand had weakened meaningfully, but from high levels. We measure homebuying demand by looking at the annual growth rate in people going on their first home tours with a Redfin agent.

    Growth in Home Buying Demand: Thirty to Zero in Two Weeks

    This week, home-buying demand took a big hit, with year-over-year growth dropping from nearly 27% in January and February to 1% growth over the past seven days. There has in fact been a 1% contraction in demand over the past three days. This decline is unsurprising, now that governments in San Francisco and Philadelphia are telling residents to stay home. Traffic growth to Redfin’s website has also slowed from around 20% through the first two months of 2020 to high single digits over the past week.

    Many Open Houses Canceled; Some Like a Disney Ride

    Redfin has canceled open houses nationwide for public safety. One Redfin agent in Hoboken, New Jersey, Noah Goldberg, visited another broker’s open house that was letting small groups into the property, one group at a time. “There were six groups lined up on the sidewalk like a ride at Disney, and this was after the curfew announcement.” As of Tuesday, Noah said, demand was down: “Two weekends ago, coronavirus was something that was happening somewhere else. Now I have about half the activity I once did.”
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  16. #8141
    Join Date
    Jan 2020
    Posts
    56
    Luxury market will be slaughtered. Foreclosures will skyrocket across the board, so a lot depends on how banks manage REO strategy. And how politicians manage banks managing REOs.

    speaking of https://financialservices.house.gov/...-_03.18.20.pdf

    8. Ban All Evictions, Foreclosures, and Repossessions--Including Manufactured Homes, RVs,and Cars Nationwide. Because businesses are closing and many people do not have access tounemployment insurance or paid sick leave, an eviction and foreclosure ban is needed to ensurethat people can safely quarantine in their homes, if necessary. Vehicles should not be repossessedduring the pandemic as Americans will need their transportation in order to obtain food or medicalcare. A foreclosure moratorium should include a ban on initiating judicial or non-judicialforeclosures, moving for order of sale, continuing any foreclosure process, or executingforeclosure sales and post-foreclosure evictions. Los Angeles County is among severaljurisdictions that have already instituted a ban on evictions.

    9. Suspend Rental and Utility Payments for Assisted Renters and Provide Rental and UtilityPayment Assistance for Non-Assisted Renters. The Federal government should immediatelysuspend rental and utility payments for Federal public and assisted housing residents to ensurethey have the financial resources necessary to address the expected economic hardships of thecrisis. The Federal government should provide sufficient funding for housing providers to accountfor this loss of revenue as well as increased administrative costs associated with mitigatingCOVID-19 risks in assisted housing developments. Similarly, the Federal government shouldprovide $100 billion to help non-assisted renters who meet certain economic conditions cover theirrent and utility payments.

    10. Require Forbearance for Mortgages on Rental Properties. To the extent that owners of rentalproperties continue to have trouble servicing their debt during the suspension of rental andpayment and evictions even with the rental assistance fund, they should get forbearance on theirmortgages as necessary. The National Community Stabilization Fund, National MultifamilyHousing Council, and National Apartment Association support this proposal.

  17. #8142
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Well, maybe that condo in Co. will be mine soon. I gave up on that some time ago, but, strange times.

  18. #8143
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    3,716
    Quote Originally Posted by Benny Profane View Post
    Well, maybe that condo in Co. will be mine soon. I gave up on that some time ago, but, strange times.
    You'll be able to buy a condo, but there won't be any skiing for a couple years.

  19. #8144
    Join Date
    Aug 2008
    Location
    On the field
    Posts
    807
    Quote Originally Posted by Benny Profane View Post
    Well, maybe that condo in Co. will be mine soon. I gave up on that some time ago, but, strange times.
    And you will rot away
    All alone with nobody to love
    Just your internet friend’s

  20. #8145
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Hey, I'll have a condo in Colorado. And you won't.
    Because you're some cube drone from New Jersey with an ugly wife and ugly kid, and soon you'll lose your miserable job and ugly wife and overpriced house and go live under a bridge. And rot. Haha

  21. #8146
    Join Date
    Apr 2010
    Posts
    805
    I think retail and office RE will take huge hits. People need a place to live, warehouse and factory space should do ok.

  22. #8147
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    10,467
    This thing will ripple through multiple socioeconomic strata but I would guess the people squeezed hardest are not the people in a position to buy anyway. And there is still pent up demand. Or not.

  23. #8148
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    I think people squeezed the least are retirees not dependent upon employment and business income to live well. And weren't all in on equities. Hell, some would welcome a drop in their property tax assessment if prices go down.

  24. #8149
    Join Date
    Nov 2005
    Location
    Down In A Hole, Up in the Sky
    Posts
    35,360
    Just heard the higher end ‘clubs’ here (Shooting Star, etc) got a bunch of membership cancellations today,
    Forum Cross Pollinator, gratuitously strident

  25. #8150
    Join Date
    Nov 2007
    Location
    águila
    Posts
    1,114
    We're at the starting point of a major recession. We lose a ton of jobs. A ton of people stop making money. Those people stop paying their rent or mortgage. Demand plummets, home prices plummet. It'll take 3-12 months, because real estate is a trailing illiquid market, but hold on to your beanies. I'd put my soon-to-be non-existent equity up to bet that prices are lower in 1 year than they are today. 5-25% drop? More?

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •