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Seriously, is this a bubble? Moved down south for work a year ago and beautiful 2200sqft homes on 5 acres were going for 100k in bumblefuck in the middle of nowhere. Same property doubled in price now that I'm in the market.

What the fuck is going on?

Seriously, is this a bubble? Moved down south for work a year ago and beautiful 2200sqft homes on 5 acres were going for 100k in bumblefuck in the middle of nowhere. Same property doubled in price now that I'm in the market. What the fuck is going on?

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[–] [deleted] • 0 pt

Everyone is also missing the insanely low interest rates for mortgages that drove everyone to buy over the last 6 months. Supply dipped extreme low, demand extremely high, boom higher prices.