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  1. #14476
    Join Date
    Aug 2016
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    3,026
    Quote Originally Posted by Name Redacted View Post
    Yeah they really “Figured out” the mountain town real estate game 40 years ago. Must have been good cocaine.
    yeah, they did figure out the “I can make a bunch of money but I can’t move back and nowhere’s the same” thing dipshit.

    Dumbfucks making the same mistakes and thinking they are special. Must be the weed.

  2. #14477
    Join Date
    Oct 2007
    Posts
    10,107
    Quote Originally Posted by dunfree View Post
    yeah, they did figure out the “I can make a bunch of money but I can’t move back and nowhere’s the same” thing dipshit.

    Dumbfucks making the same mistakes and thinking they are special.
    Yeah, it is a recurring cycle dipshit. California wasn’t the first and this won’t be the last time. In 2165 people will be offering $2B over the $18T asking price for a levitating home in Wichita, KS and the sellers will be moving to a nice little spread in a quaint town in Somalia.

  3. #14478
    Join Date
    Oct 2018
    Posts
    237
    Quote Originally Posted by 365wp View Post
    Whoa... so what is so awful in Morristown?

  4. #14479
    Join Date
    Aug 2016
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    3,026
    Quote Originally Posted by Name Redacted View Post
    Yeah, it is a recurring cycle dipshit. California wasn’t the first and this won’t be the last time. In 2165 people will be offering $2B over the $18T asking price for a levitating home in Wichita, KS and the sellers will be moving to a nice little spread in a quaint town in Somalia.
    sweet walk back, Benny 2.0

  5. #14480
    Join Date
    Oct 2007
    Posts
    10,107
    Yeah because CA surely has it all figured out. They are like living in the future there man. First time in the history of man that real estate gained value beyond expected and people made a profit to move somewhere else was 1981 Costal CA. Fucking dufee really hit the nail on the head. Smart mother fucker that guy.

  6. #14481
    Join Date
    Jan 2014
    Posts
    513
    Quote Originally Posted by Garbowski View Post
    Whoa... so what is so awful in Morristown?
    House sold for 289 in ‘18 and has 28 “likes” at $450. Pretty nice return and I bet it goes higher.

    Morristown is within 20-30 minutes of Stowe and Stowe got real hot this year.

    But it’s also on the backside so you’re 40 minutes from the interstate. There isn’t much going on in Morristown plus that house looks haunted as fuck

  7. #14482
    Join Date
    Dec 2020
    Posts
    123
    Quote Originally Posted by Greenstateofmind View Post
    House sold for 289 in ‘18 and has 28 “likes” at $450. Pretty nice return and I bet it goes higher.

    Morristown is within 20-30 minutes of Stowe and Stowe got real hot this year.

    But it’s also on the backside so you’re 40 minutes from the interstate. There isn’t much going on in Morristown plus that house looks haunted as fuck
    Knowing that area, I'm fairly sure they threw some money at that place, not all appreciation. A house that did not need work would not have sold that low in 2018. Neighborhood has been trending upwards due to reasonably priced houses that are beautiful, but need some TLC.

  8. #14483
    Join Date
    Jan 2014
    Posts
    513
    It’s out there though. But that’s probably a draw for some. Chucks Bikes is worth the drive alone

  9. #14484
    Join Date
    Jan 2010
    Location
    2 hours from anything
    Posts
    8,905
    Quote Originally Posted by Garbowski View Post
    Whoa... so what is so awful in Morristown?
    You’re in true small town NVT. 5 months a year of winter including stretches well below 0, mud and bug season. If you need a job you can’t do remotely, good luck. Not too bad other than that. I’d live in NVT if my work would support it.

  10. #14485
    Join Date
    Sep 2010
    Location
    Tejas
    Posts
    7,937
    Have we finally found the ceiling? One can only hope...

    Pending Home Sales Sink as the Housing Market Falls Back to Earth
    https://www.realtor.com/news/real-es...back-to-earth/

    New Home Sales Fall 6% in April as Buyers and Builders Balk at Rising Construction Costs
    https://www.realtor.com/news/real-es...ruction-costs/

  11. #14486
    Join Date
    Jan 2005
    Location
    Keep Tacoma Feared
    Posts
    2,079
    Seattle fastest growing city in US in 2020. But the Bay Area has finally started to see its population decrease. I expect Seattle market to continue upwards until, like the Bay Area, it gets so expensive that finally people decide it aint worth it anymore.

    Name:  Surprise! Seattle was the fastest-growing big U.S. city in 2020 _ The Seattle Times — Mozilla Fi.png
Views: 385
Size:  56.2 KB

  12. #14487
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    Oct 2005
    Location
    Idaho
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    9,645
    If you expand to MSAs, not just cities proper, there’s plenty of continuous population areas seeing much higher growth rates.

  13. #14488
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    Jan 2005
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    Keep Tacoma Feared
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    2,079
    Yes, those stats above are for the 50 largest cities in the US. Portland grew just 0.4%

  14. #14489
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    Nov 2007
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    4,734
    Quote Originally Posted by altasnob View Post
    Seattle fastest growing city in US in 2020. But the Bay Area has finally started to see its population decrease. I expect Seattle market to continue upwards until, like the Bay Area, it gets so expensive that finally people decide it aint worth it anymore.

    Name:  Surprise! Seattle was the fastest-growing big U.S. city in 2020 _ The Seattle Times — Mozilla Fi.png
Views: 385
Size:  56.2 KB
    People leaving SF, and been moving to Burbs. Any decent listing in Southern or Central Marin under $1M lasts about 7-10 days.

    Dunno about other parts of the Bay Area - I mean, if someone works remote and moves from Milpitas to Sacramento, can they tell the difference?

  15. #14490
    Join Date
    Oct 2003
    Location
    Big in Japan
    Posts
    47,691
    Quote Originally Posted by altasnob View Post
    Seattle fastest growing city in US in 2020. But the Bay Area has finally started to see its population decrease. I expect Seattle market to continue upwards until, like the Bay Area, it gets so expensive that finally people decide it aint worth it anymore.

    Name:  Surprise! Seattle was the fastest-growing big U.S. city in 2020 _ The Seattle Times — Mozilla Fi.png
Views: 385
Size:  56.2 KB
    Yeah, but, real population growth is in Florida. St. Pete, Ft. Myers, and the Villages. Boomers waiting to die.

    The world is perfect. Appreciate the details.

  16. #14491
    Join Date
    Oct 2011
    Location
    Aspen
    Posts
    1,513
    Quote Originally Posted by CascadeLuke View Post
    This buyer was willing to release 1MM to seller within 48 hrs of mutual contract. Weeks before closing. And lost..

    Who’s got that turn the lights off for Seattle meme for me?
    My brother was playing the game in N Seattle/Shoreline/Edmonds, trying to buy a first house ($600-900k). Months of increasing their above asking and still getting bricked out by cash buyers upping his $30k-50k above with $60-100k. But then they got an inside line on a 1400sq ft cottage in one of Shoreline's "cottage neighborhoods" and he and his fiance got it for low-$400s. Perfect starter home for them, but man were the last few months demoralizing for him with the ones that got away.

    Quote Originally Posted by Name Redacted View Post
    Yeah they really “Figured out” the mountain town real estate game 40 years ago. Must have been good cocaine.
    No doubt: Aspen's commercial real estate holdings and consolidations have some coke money beginnings.

  17. #14492
    Join Date
    Sep 2006
    Posts
    5,587
    Quote Originally Posted by MontuckyFried View Post
    Have we finally found the ceiling? One can only hope...

    New Home Sales Fall 6% in April as Buyers and Builders Balk at Rising Construction Costs
    https://www.realtor.com/news/real-es...ruction-costs/
    Surprised it took this long, given how rapidly building materials from lumber to copper wiring went up. I talked with a builder last week who put two new home constructions on hold after pouring the foundations, simply because the clients refuse, or can't pay the cost for the framing lumber. That's an out of pocket expense for those who have construction loans. Those paying cash and not financing probably are getting stressed out about the cost increases too.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  18. #14493
    Join Date
    Apr 2010
    Posts
    686
    I had the pleasure of crashing at this Crib way back in the day. Met the owner on the flight into fat city and he asked me where I was staying. Told him I was jammed up in a 2bdrm w like 10 friends. He offered up his empty apt out back.

    Fun times. Maybe he's a dentist on here that just cashed out....

    https://www.zillow.com/homedetails/6...edium=referral

    Sent from my SM-G998U1 using Tapatalk

  19. #14494
    Join Date
    Oct 2003
    Location
    Redwood City
    Posts
    1,614
    Quote Originally Posted by alpinevibes View Post
    My brother was playing the game in N Seattle/Shoreline/Edmonds, trying to buy a first house ($600-900k). Months of increasing their above asking and still getting bricked out by cash buyers upping his $30k-50k above with $60-100k. But then they got an inside line on a 1400sq ft cottage in one of Shoreline's "cottage neighborhoods" and he and his fiance got it for low-$400s. Perfect starter home for them, but man were the last few months demoralizing for him with the ones that got away.



    No doubt: Aspen's commercial real estate holdings and consolidations have some coke money beginnings.
    I live in Shoreline in a 1400sq/ft single level. There is no way I could afford my house if I was looking to buy it now.
    "Great barbecue makes you want to slap your granny up the side of her head." - Southern Saying

  20. #14495
    Join Date
    Sep 2006
    Posts
    5,587
    Quote Originally Posted by LegoSkier View Post
    I live in Shoreline in a 1400sq/ft single level. There is no way I could afford my house if I was looking to buy it now.
    3bdrm/2ba, 1,650 sq. ft. house I bought in Newcastle, WA in '97 for $200k has a Zillow price estimate of $825k. I could still afford to buy it today. But obviously the price I paid was starter home pricing back then. Those days are loooong gone.
    "We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch

  21. #14496
    Join Date
    Nov 2005
    Location
    Making the Bowl Great Again
    Posts
    13,269
    Quote Originally Posted by VTeton View Post
    I had the pleasure of crashing at this Crib way back in the day. Met the owner on the flight into fat city and he asked me where I was staying. Told him I was jammed up in a 2bdrm w like 10 friends. He offered up his empty apt out back.

    Fun times. Maybe he's a dentist on here that just cashed out....

    https://www.zillow.com/homedetails/6...edium=referral

    Sent from my SM-G998U1 using Tapatalk
    A $20 million dollar house with light fixtures from Lowes. Amazing.

  22. #14497
    Join Date
    Mar 2008
    Location
    the ham
    Posts
    9,792
    Yeah, was thinking the same while looking through the pics. Ikea-style closet, rental house wall to wall carpet, spec-builder cabinetry, dated faux finish, busy mismatched patterns everywhere...

  23. #14498
    Join Date
    Aug 2016
    Posts
    3,026
    At that price it’s gonna be gutted by the new owner anyways, right?

  24. #14499
    Join Date
    Aug 2007
    Location
    At the beach
    Posts
    15,605
    Quote Originally Posted by LegoSkier View Post
    I live in Shoreline in a 1400sq/ft single level. There is no way I could afford my house if I was looking to buy it now.
    Pretty sure that is the case for many of us that have owned properties for awhile.
    Quote Originally Posted by leroy jenkins View Post
    I think you'd have an easier time understanding people if you remembered that 80% of them are fucking morons.
    That is why I like dogs, more than most people.

  25. #14500
    Join Date
    Dec 2005
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    Posts
    13,480
    Quote Originally Posted by Benny Profane View Post
    Yeah, but, real population growth is in Florida. St. Pete, Ft. Myers, and the Villages. Boomers waiting to die.
    Florida=god’s waiting room.

    Quote Originally Posted by liv2ski View Post
    Pretty sure that is the case for many of us that have owned properties for awhile.
    Me too. From $299k buy to $800k estimate in just over 20 yrs…which isn’t as bad as some places.

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