Quote:
Originally Posted by jeffk
And yet, real estate prices are in the stratosphere, and supply is almost nonexistant. Houses are put up for sale with insane markups and snapped up in a day.
I would agree that at some point a limit might be reached but where that point is ... ?
It's a bad time to HAVE TO buy something; crazy prices and long delays for products. People who are able to will hunker down and let the storm pass.
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I'm wondering if home sales have hit the wall—there are two or three in my area that have been on sale for a couple weeks now whereas for a while there you'd never even see a sign because they'd sell before any sales work was really done.
Anyone else seeing this?
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