Quote:
Originally Posted by Peakster
A bit of a tangent, but I think too many people are watching "Sell This House" and "Flip This House" on TV. It's almost impossible to find a fixer-upper anymore. Even the raunchy neighborhoods are getting polished up for this seller's market.
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Depends where you live... My hometown is deflating, and the rate of deflation is picking up
Some just don't want to see it though. Houses get taken off the MLS and then re listed at a lower price. Then lower. Eventually, someone will offer more than what was listed and.... Hooray! We got more than we asked (but wait... didn't we lower our price significantly?). But, hurricane season is approaching - we'll see what happens then :P
And what really sucks -- the commercial and industrial zoning isn't deflating at the same time (it's still going up!)
My father is moving the family business (which requires an industrial zoned warehouse) literally down the street... And holy crap - the cost continues to rise
But at least it will kill a 30 minute commute
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Thanks again for the link - just finished watching