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  1. #8926
    Join Date
    Feb 2018
    Posts
    665
    Quote Originally Posted by The AD View Post
    How do you know it was the New Yorkers who weren't wearing masks?
    It was everybody. Only one lady out of everyone (except me) had a mask on.
    The way people are acting it's like nothing is happening.
    The other weekend when it was nice, one large family (NY plates) had a little changing tent set up in front of their Sienna and was picnicking in the parking lot.

  2. #8927
    Join Date
    Jan 2008
    Location
    The Queen City North Carolina
    Posts
    1,436
    Quote Originally Posted by The AD View Post
    How do you know it was the New Yorkers who weren't wearing masks?
    Carrying a bottle of red, bottle of white, pompadour hair style, engineer boots, leather jacket and tight blue jeans.
    At least that’s my vision thanks to billy Joel.

  3. #8928
    Join Date
    Feb 2018
    Posts
    665
    Quote Originally Posted by Benny Profane View Post
    Of course, the flip side to that is some of these mega high priced condo towers in NYC coming on line right now and the near future maybe selling well to the international uber wealthy who easily survived this and got bailed out and supported with public money. Like the insane stock market right now.
    The ultra high end residential market has been soft for some time already.

    Quote Originally Posted by Benny Profane View Post
    Manhattan is fucked, unless they open museums and bars and restaraunts and museums and stadiums. What else is there to do?
    Broadway. The single biggest draw to tourism in NYC. And they ain't opening anytime soon.

  4. #8929
    Join Date
    Oct 2012
    Posts
    10,525
    Quote Originally Posted by Ski220 View Post

    Broadway. The single biggest draw to tourism in NYC. And they ain't opening anytime soon.
    Perhaps they'll start to relo?

    Broadway is a late 2021 hope.

  5. #8930
    Join Date
    Sep 2006
    Posts
    8,246
    New home consgtruction down 30% for April. I would anticipate May will follow similar numbers.

    https://www.bloomberg.com/news/artic...-february-2015

    But they continue to build in Central Oregon like the DOW is at 30k, and UE rate is at 4%....
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  6. #8931
    Join Date
    Sep 2006
    Posts
    8,246
    Must be quite a few potential home buyers out there that feel pretty comfortable with their finances and job situation.

    https://finance.yahoo.com/news/mortg...144552869.html

    The volume of purchase applications grew 6% last week versus the previous one, according to the Mortgage Bankers Association. Purchase activity is now just 1.5% off from last year, an improvement over six weeks ago when it was 35% lower than a year ago.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  7. #8932
    Join Date
    Oct 2003
    Location
    In Your Wife
    Posts
    8,291
    In the Seattle bedroom community I work in, new homes in the $800k-1M price range are selling faster than we can review and issue the permit applications for them. May is already the busiest month I've had in 2020 in terms of inspection volume.

  8. #8933
    Join Date
    Oct 2005
    Location
    Idaho
    Posts
    10,953
    Boise is still hot. Multiple offers quick. High end $750k+ is slowing slightly but my realtor friends are still in high cotton.

  9. #8934
    Join Date
    Mar 2008
    Location
    northern BC
    Posts
    30,885
    Quote Originally Posted by ncskier View Post
    Carrying a bottle of red, bottle of white, pompadour hair style, engineer boots, leather jacket and tight blue jeans.
    At least that’s my vision thanks to billy Joel.
    sounds like this dyke i know with a pitbull
    Lee Lau - xxx-er is the laziest Asian canuck I know

  10. #8935
    Join Date
    Jun 2006
    Location
    Seattle
    Posts
    1,991
    Quote Originally Posted by glademaster View Post
    In the Seattle bedroom community I work in, new homes in the $800k-1M price range are selling faster than we can review and issue the permit applications for them. May is already the busiest month I've had in 2020 in terms of inspection volume.
    As someone that is looking to sell in PDX, and move to Seattle for a job shortly...that's not fabulous to hear...

  11. #8936
    Join Date
    Oct 2003
    Location
    In Your Wife
    Posts
    8,291
    Quote Originally Posted by puma View Post
    As someone that is looking to sell in PDX, and move to Seattle for a job shortly...that's not fabulous to hear...
    Don't sweat it too much, you can still rent a nice 2 bed/1 bath apartment for $2100-2500 a month if you call the landlord within 4 minutes of the listing being posted.

    And while you're in your rental, you can scour the market and see shitholes that are either in white trash heaven (ok, ok, talking about white trash heaven and the PNW is redundant, I know) or would be razed in most of the rest of the country get gobbled up in a matter of hours in the $500k-750k range.

  12. #8937
    Join Date
    Jun 2006
    Location
    Seattle
    Posts
    1,991
    Quote Originally Posted by glademaster View Post
    Don't sweat it too much, you can still rent a nice 2 bed/1 bath apartment for $2100-2500 a month if you call the landlord within 4 minutes of the listing being posted.

    And while you're in your rental, you can scour the market and see shitholes that are either in white trash heaven (ok, ok, talking about white trash heaven and the PNW is redundant, I know) or would be razed in most of the rest of the country get gobbled up in a matter of hours in the $500k-750k range.
    Yeah, that's what it appears to be. Thanks for the pep talk. Crazy stressful without this painful Covid situation on top of it!

  13. #8938
    Join Date
    Apr 2006
    Location
    Movin' On
    Posts
    3,716
    A flip in my neighborhood sold for $21k above asking in two days last month. Ended up selling for $610k.

    Zillow is predicting a YoY price decline for my hood for the first time ever-
    Name:  Screen Shot 2020-05-20 at 5.05.12 PM.png
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  14. #8939
    Join Date
    Oct 2003
    Location
    In Your Wife
    Posts
    8,291
    Quote Originally Posted by puma View Post
    Yeah, that's what it appears to be. Thanks for the pep talk. Crazy stressful without this painful Covid situation on top of it!
    Sorry, not trying to piss in your Cheerios. Good luck with the move!

    ETA: One silver lining of the COVID thing is that even with the state starting to open back up, congestion and traffic are still far more tolerable than they were before. Lots of large tech employers having staff WFH, combined with schools being closed has made a big difference there. So savor that!
    Last edited by glademaster; 05-20-2020 at 06:05 PM.

  15. #8940
    Join Date
    Oct 2005
    Location
    Idaho
    Posts
    10,953
    Quote Originally Posted by the propagandist formerly monikered brostoyevski View Post
    Interesting, redfin say pending sales down 97% this past week YoY, actual sales down on the order of 30-40% the last two months. I keep thinking wishfully that homes stop getting priced in funny money, but without rates going up it seems like the activity will just narrow as prices moon.
    I could see overall it being down but I'm not in real estate. The realtors I hang out with have been in the game a long time and focus on the down town core and surrounding areas. Basically the areas that you see in the articles about Boise. Not the 80% of generic tract housing that isn't moving as much.

  16. #8941
    Join Date
    Mar 2005
    Location
    Dystopia
    Posts
    21,054
    CT on the rise

    Corona castles more popular than ever

    https://www.dailymail.co.uk/news/art...nnecticut.html
    . . .

  17. #8942
    Join Date
    Dec 2003
    Location
    Nhampshire
    Posts
    7,762
    Yep, I imagine we're about to get another wave of Boston residents in southern NH as it's in striking distance for meetings and has no income tax. Also semi-reasonable real estate prices. I feel bad for the locally employed as teachers and others can't compete with Google et Al salaries

  18. #8943
    Join Date
    Aug 2006
    Posts
    7,919
    Quote Originally Posted by schuss View Post
    Yep, I imagine we're about to get another wave of Boston residents in southern NH as it's in striking distance for meetings and has no income tax. Also semi-reasonable real estate prices. I feel bad for the locally employed as teachers and others can't compete with Google et Al salaries
    If they didn’t make the jump over the last 20 years, they probably won’t suddenly see NH as anything other than cow hampshire ever.

    That being said the farm stand in Kensington is proudly a safe space with plenty of signage explaining so. I couldn’t help but tell them they didn’t need a sign, it’s already written on the license plates but they didn’t get the joke.

  19. #8944
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Quote Originally Posted by Core Shot View Post
    CT on the rise

    Corona castles more popular than ever

    https://www.dailymail.co.uk/news/art...nnecticut.html
    Yes. Bring it on, rich fucks.

  20. #8945
    Join Date
    Oct 2007
    Posts
    12,609
    Quote Originally Posted by Benny Profane View Post
    Yes. Bring it on, rich fucks.
    Thought you were a renter.

  21. #8946
    Join Date
    Oct 2003
    Location
    Looking down
    Posts
    50,491
    Nope. Well, to the bank.

  22. #8947
    Join Date
    Apr 2010
    Location
    8,750'
    Posts
    394
    Boulder is really active after a brutal April, stats are starting to improve and a ton of property going under contract. I've received 3 new referrals this past week alone (2 buyers, one seller) as well as a new Zillow buyer for my listings up in Nederland (and hell no, I don't pay Zillow for leads).

    Trying to remain optimistic, I have a closing in a couple of weeks and I'm really grateful to be working.

    Sent from my Pixel 3a using Tapatalk

  23. #8948
    Join Date
    Sep 2005
    Location
    Not in the PRB
    Posts
    32,785
    Quote Originally Posted by PowderHorse View Post
    Boulder is really active after a brutal April, stats are starting to improve and a ton of property going under contract. I've received 3 new referrals this past week alone (2 buyers, one seller) as well as a new Zillow buyer for my listings up in Nederland (and hell no, I don't pay Zillow for leads).

    Trying to remain optimistic, I have a closing in a couple of weeks and I'm really grateful to be working.

    Sent from my Pixel 3a using Tapatalk
    good to hear!

    I think it will be a while (if ever) before the lower end of the Boulder market stumbles badly, but like the recession, inventory may dry up as everyone decides to just hold.

    If I had a $1.5M+ property and was hoping to sell soon, I'd be getting nervous (which may be part of why things are heating up, people who had near term plans to sell are pushing to the market now).
    "fuck off you asshat gaper shit for brains fucktard wanker." - Jesus Christ
    "She was tossing her bean salad with the vigor of a Drunken Pop princess so I walked out of the corner and said.... "need a hand?"" - Odin
    "everybody's got their hooks into you, fuck em....forge on motherfuckers, drag all those bitches across the goal line with you." - (not so) ill-advised strategy

  24. #8949
    Join Date
    Dec 2009
    Location
    The Mayonnaisium
    Posts
    10,467
    It seems like an even smaller supply is the main driver in keeping prices propped in the markets I follow. Even if there are fewer buyers, there are even fewer sellers.

  25. #8950
    Join Date
    Feb 2015
    Location
    MA
    Posts
    4,496

    Real Estate Crash thread

    Quote Originally Posted by Mazderati View Post
    It seems like an even smaller supply is the main driver in keeping prices propped in the markets I follow. Even if there are fewer buyers, there are even fewer sellers.
    This. Figure some prevailing thoughts along the lines of ‘’if we had got that house we were outbid on last October then we would be in the same position we are in now, and turns out that’s still where we want to be.’’ I’m curious to see if there are also a significant amount of buyers waiting for the supply flood that is almost sure to happen at some point. It feels that way from what I can tell but there’s no way to quantify it (obviously).
    Last edited by Self Jupiter; 05-21-2020 at 11:24 AM.

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