Wife and I look all the time at various parts of the country. Plots of land in the middle of nowhere used to be $20k, now $30k. In my major city burb, everything is up 15-25%. Major cities themselves are down about 15%-ish. But smaller places, smaller cities, jumps are about 25-40%. In essence, high population areas have a lot of inventory and are worth a bit less. Everywhere else, it's going up, up, up. There are no more good deals.
Wife and I look all the time at various parts of the country. Plots of land in the middle of nowhere used to be $20k, now $30k. In my major city burb, everything is up 15-25%. Major cities themselves are down about 15%-ish. But smaller places, smaller cities, jumps are about 25-40%. In essence, high population areas have a lot of inventory and are worth a bit less. Everywhere else, it's going up, up, up. There are no more good deals.
In "fly over country" properties that were going for 12K-20K as late as early spring of 2020 are now going for 10 times that. It's been an obvious move to capitalize on the controlled insanity from major cities allowing themselves to be burned to the ground.
In "fly over country" properties that were going for 12K-20K as late as early spring of 2020 are now going for
10 times that. It's been an obvious move to capitalize on the controlled insanity from major cities allowing themselves
to be burned to the ground.
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