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Economy

SWBTATTReg

(24,628 posts)

8. Thanks for the update, maybe some slimmer of hope for those waiting on the sidelines for a house...

Reply to progree (Reply #6)

Fri Nov 25, 2022, 04:21 PM

Nov 2022

Markets have been crazy, especially in the vehicle markets (new and used), and tons of vehicles are sitting on car lots, auctions, etc. waiting to be moved, dealers know that they have to take a hit, and thus trying to unload unsold excess inventories. There are some good 'buying cars' videos on YouTube.

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Investor Home Purchases Drop 30% as Rising Rates, High Prices Cool Housing Market [View all] mahatmakanejeeves Nov 2022 OP

Not just high, hallucenogenically high. GreenWave Nov 2022 #1

I hope every damned one of them loses their shirts. hlthe2b Nov 2022 #2

It's enlightening to read the Property History on Zillow and other sites. Midnight Writer Nov 2022 #3

Yup, and those that list want every single penny back on everything they believe improved their Backseat Driver Nov 2022 #7

"."..investors are poised to resume more aggressive buying when Backseat Driver Nov 2022 #4

And I am waiting for the other shoe to drop, prices of housing to drop too. The Cars/etc. markets SWBTATTReg Nov 2022 #5

Mortgage rates are coming down... progree Nov 2022 #6

Thanks for the update, maybe some slimmer of hope for those waiting on the sidelines for a house... SWBTATTReg Nov 2022 #8