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multigraincracker

(33,957 posts)
Fri Jul 21, 2023, 01:43 AM Jul 2023

Housing prices have gone nuts.

Thought we might move, after a month of looking we gave up and are staying put. Been looking at South East Michigan. Up here in the mid-state area prices haven’t gone up like down there.

Seems like a bubble to me. Like 2008.

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Housing prices have gone nuts. (Original Post) multigraincracker Jul 2023 OP
Here in California Housing prices are through the roof, and high interest rates doesn't seem to JohnSJ Jul 2023 #1
I'd love to live there. multigraincracker Jul 2023 #6
So true CountAllVotes Jul 2023 #7
Where are you now? PlutosHeart Jul 2023 #2
The less populated center of the mitten. multigraincracker Jul 2023 #3
Shit. That ain't nuthin'. We bought our house in 1982. It was the cheapest house in town, in the 3Hotdogs Jul 2023 #9
WOW PlutosHeart Jul 2023 #10
We've had our involvement with the small planes looking for any,.. TreasonousBastard Jul 2023 #4
Like Tulip Mania in 17th multigraincracker Jul 2023 #5
Houses in my neighborhood went from 130,000 to peacefreak2.0 Jul 2023 #8

JohnSJ

(96,336 posts)
1. Here in California Housing prices are through the roof, and high interest rates doesn't seem to
Fri Jul 21, 2023, 01:48 AM
Jul 2023

affect the prices

CountAllVotes

(21,044 posts)
7. So true
Fri Jul 21, 2023, 02:54 AM
Jul 2023

Even my crummy little house here in California has quadrupled in value; recently by almost $100,000K!

Unbelievable! I really cannot afford to live here but I am some how.



multigraincracker

(33,957 posts)
3. The less populated center of the mitten.
Fri Jul 21, 2023, 02:03 AM
Jul 2023

We saw a house listed for $110,000 that looked great. Next day the listing said $120,000. We had called to look at it and the realtor said they had 48 offers the fist few days and excepted one for $148,000.

3Hotdogs

(13,343 posts)
9. Shit. That ain't nuthin'. We bought our house in 1982. It was the cheapest house in town, in the
Fri Jul 21, 2023, 07:08 AM
Jul 2023

second crappiest neighborhood in town --- paid $83,500.


It is now worth $750k, with no improvements, additions or whatever being added. Our stepdaughter and husband are buying it for $400k, with a "life estate" given back to us.

TreasonousBastard

(43,049 posts)
4. We've had our involvement with the small planes looking for any,..
Fri Jul 21, 2023, 02:11 AM
Jul 2023

place to build a million dollar home. Used to be farmers cashing out, but now every one's in the game. Vast amounts of money looking for a quick return. Not just me, but loads of people with good incomes priced out.

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