logan50+FollowIf someone offered 1.5–2 times the market value of your home, would you sell?Let’s pretend someone knocks on your door and says they will pay you way over market value for your home. I’m talking fifty to a hundred percent more than what it's worth, all in cash, right now. If your place is worth half a million, they are handing you between seven hundred fifty thousand and a million. Would you take it? What might hold you back could be that it's too hard to find another place, or maybe emotional or family ties to the house. And TBH, I have one of those houses people seem to want. For more than twenty years, strangers have shown up at my door asking if I’d sell. 😅 One day I finally told a woman it would take 5.1 million. Word must have spread because a neighbor walking her dog later stopped and told me I was being ridiculous and asked if I really thought someone would pay that. That was the point! Since then, the knocks have slowed to almost none. #RealEstate #HomeOwnership #PropertyMarket #HousingMarket #Decisions #MoneyTalk #Home 139172Share
hodgesmaria+Followwages vs house prices In 2000, the median household income was about $42k. The median home price? Around $120k. Today, median income is $75k. Median home price? $420k. Income went up less than 80%. Home prices went up 250%. So tell me again how “young people just need to work harder”? #House #HousingMarket #WagesVsPrices11Share
Samantha Welch+FollowWhy Your House Isn’t Making You Rich AnymoreRemember when buying a house felt like a cheat code for building wealth? Not so much these days. Home prices are barely keeping up with inflation, so your place might not be the money-maker it used to be. Blame high mortgage rates and sticky inflation for cooling the market. The upside? We might finally see prices settle into something more affordable, especially in cities with steady jobs and good vibes. If you’re house-hunting, patience could pay off! #RealEstate #housingmarket #moneytips1027Share
lanepaige+Followrent is higher than a mortgage A friend pays $2,400 a month in rent for a 2-bedroom apartment. They applied for a mortgage on a $300k starter home. The bank said no. “Too risky.” So explain this: Paying $2,400 in rent every month is fine. But paying $1,800 in mortgage isn’t? Same money. Same person. Different rules. #House #HousingMarket #RentVsBuy5963Share
davenportmeghan+FollowWhy So Many New Homes Are Just Sitting ThereEver notice all those 'For Sale' signs on new houses lately? Turns out, there are more unsold new homes now than at any time since the Great Recession. High prices and steep mortgage rates have buyers hesitating, so if you’re house-hunting, you might find less competition and even a price drop. But don’t expect a fire sale—homes are still way pricier than pre-pandemic days. Timing is everything! #RealEstate #housingmarket #realestate613Share
Brad Caldwell+FollowWhy Everyone’s Talking About House Prices AgainHeard the buzz about house prices heating up? The government just made it easier for foreign buyers to snap up luxury homes, especially in Auckland and Queenstown. Plus, banks can now lend more freely, so expect more people at open homes this spring. But heads up: with fewer new houses being built, competition could get fierce. If you’re thinking of buying or selling, now’s the time to watch the market! #RealEstate #realestate #housingmarket60Share
Brian Sanchez+FollowWhy Buying a House Feels Impossible NowEver feel like house hunting is just spinning your wheels? This summer, everyone’s stuck: buyers can’t afford the crazy prices and high mortgage rates, sellers refuse to drop their asking price (some just pull their homes off the market), and builders are slowing down because nobody’s buying. If you’re thinking of buying, waiting might be your best money move—monthly payments are up over $1,200 since 2019! Sometimes, sitting tight is the smartest hack. #RealEstate #housingmarket #realestate21Share
Denise Kemp+FollowWhy Are So Many Homes Disappearing?Ever noticed homes for sale suddenly vanishing from your favorite house-hunting app? Turns out, more sellers are yanking their listings instead of dropping prices. They’d rather wait than sell for less, especially if their mortgage is comfy. This standoff means buyers and sellers are stuck in a holding pattern—so if you’re house shopping, patience (and maybe a price alert) is your new best friend. #RealEstate #housingmarket #realestate54Share
Denise Kemp+FollowWhy Old Houses Are Suddenly Pricier Than NewHere’s a wild twist: in many places, buying a brand-new house now costs less than snagging an older one. Builders are throwing in sweet deals—think lower prices, free upgrades, or help with closing costs—to move their extra inventory. Meanwhile, folks with existing homes are hanging onto their low mortgage rates, so fewer are selling. If you’re house hunting, don’t assume “new” means “more expensive”—shop around and ask about incentives! #RealEstate #housingmarket #realestate1914Share
Denise Kemp+FollowMortgage Rates Dip—Is It Time to Buy?Thinking about buying a home? Here’s a little coffee break scoop: 30-year mortgage rates just hit their lowest point in 10 months, now at 6.56%. That’s a tiny drop, but it’s still way higher than the pandemic days. The housing market is still pretty slow, though, so don’t expect bidding wars just yet. If you’ve been waiting for a sign to house hunt, this could be it—but don’t expect a miracle. Rates might hang around here for a while. #RealEstate #mortgage #housingmarket20Share
