Is housing market improving?
Wondering if folks are seeing increases in prices recently.
HODL till Oct 2020
Why October 2020? Election?
Rates dropped further Another cut before year end
Looks like it
Do you equate expensive housing to improved market? That’s why people hate you guys in technology
Every homeowner thinks this way. If folks go underwater on mortgage, that tends to have a way of coinciding with losing jobs or TC, which really puts folks in a bind. No mortgage paying homeowner (tech, lawyer, whoever) wants that.
Though, it is true that in some (Bay Area, Seattle) markets over the last few years, tech people are probably a high fraction of homeowners. Thus if they bought near the peak, they may also be the most likely to go underwater...
Depends A LOT on where you live
Bay Area :(
Redfin and Zillow have all the data. Do some research. Bay Area home prices have gone down consistently for past 6-8 months. Go to Zillow, sell section and then select home values and then enter zip code. Then to convince yourself, do the same at other websites as well because Blind will tell you Housing market is strong and prices never go down.
😘
Ok Google!
If only the government tracked this stat carefully
Sacramento is up.
Interest rate around 3% again. Buy baby buy!
Yes. It is actually higher than the beginning of this year.
It could be seasonal. King County is up 0.1% yoy. There is usually a seasonal slowdown in the fall which could bring prices a little lower. But interest rates could change that