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Old 06-05-2019, 08:39 AM
 
349 posts, read 379,024 times
Reputation: 518

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Quote:
Originally Posted by AlterEgo42 View Post
You've completely jumped the shark at this point.

Are you literally comparing Orange County RE to Dallas Metro?

C'mon man. It might be time to just give up the ghost and admit that your "theory" is tenuous at best.
There's a reason most of us have just started to ignore him.
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Old 06-07-2019, 09:52 PM
 
932 posts, read 543,381 times
Reputation: 531
Mortgage rates dropped again...now the average is 3.82%
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Old 06-11-2019, 08:09 AM
 
349 posts, read 379,024 times
Reputation: 518

Meanwhile back in the reality of hard numbers: https://www.dallasnews.com/business/...unced-back-may

"Local real estate agents sold 11,308 single-family homes last month — 6% more than in May 2018."
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Old 06-11-2019, 08:22 AM
 
227 posts, read 223,092 times
Reputation: 386
Quote:
Originally Posted by djslakor View Post
Meanwhile back in the reality of hard numbers: https://www.dallasnews.com/business/...unced-back-may

"Local real estate agents sold 11,308 single-family homes last month — 6% more than in May 2018."
\

So one saying market is bad....another saying its good

like fox news and cnn
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Old 06-11-2019, 09:48 AM
 
932 posts, read 543,381 times
Reputation: 531
Quote:
Originally Posted by djslakor View Post
Meanwhile back in the reality of hard numbers: https://www.dallasnews.com/business/...unced-back-may

"Local real estate agents sold 11,308 single-family homes last month — 6% more than in May 2018."
Any data regarding inventory growth?
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Old 06-11-2019, 09:57 AM
 
19,783 posts, read 18,073,660 times
Reputation: 17270
Quote:
Originally Posted by crazyforger View Post
Any data regarding inventory growth?
You swung and missed - your DFW home price implosion didn't happen.
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Old 06-11-2019, 12:31 PM
 
932 posts, read 543,381 times
Reputation: 531
Quote:
Originally Posted by EDS_ View Post
You swung and missed - your DFW home price implosion didn't happen.
Never mentioned anything about implosion. Get your facts right.
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Old 06-11-2019, 12:56 PM
 
13,194 posts, read 28,292,163 times
Reputation: 13142
Quote:
Originally Posted by crazyforger View Post
Any data regarding inventory growth?
Yes, inventory up 17% from historic low levels last year. Which is a good thing! Options! When we bought our home as a hip pocket listing, we literally bought the one available home in our neighborhood that summer. And our appraisal was atrocious because the appraiser had to go back more than 18 months to find 6 comp homes that sold.

We adore our home but I wish I were buying now when there are 5-6 to choose from in our price range. Options are always better than “you get what you get”. And guess what? Homes that are appropriately priced in my neighborhood are selling this spring whether they are $800k, $1.2M, or brand new $2.2M spec homes. Homes that need work or aren’t price right aren’t selling whether they are $800k, $1.2M, or new $2.6M spec homes.
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Old 06-11-2019, 01:21 PM
 
19,783 posts, read 18,073,660 times
Reputation: 17270
Quote:
Originally Posted by crazyforger View Post
Never mentioned anything about implosion. Get your facts right.
You said 8 or 10 months ago that we were entering a correction and that you wouldn't buy unless and until prices fell by 20 - 25%.

So what's really happened is that you've continued to rent and your 20-25% will now need to be 30-35% for the math to work out at all (considering the rents you've paid and price appreciation).
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