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I'm selling our old house, have been working on getting it into tip top shape to get top dollar for it. In our area things are going for $101/sqft and that's the low end.

Our current house, when we bought it, we got for a steal of a deal because it was right before the Covid craziness. Now everyone is wanting to get out of the cities. So I'm thinking about selling this one, too, because we can make a decent profit on top of this without doing anything to it. I'm wanting to buy more acreage in the middle of no where and the houses I'm watching are selling the same day they're listed. It's crazy.

Just curious what you've seen in your areas, if any of you are watching the market.

I'm selling our old house, have been working on getting it into tip top shape to get top dollar for it. In our area things are going for $101/sqft and that's the low end. Our current house, when we bought it, we got for a steal of a deal because it was right before the Covid craziness. Now everyone is wanting to get out of the cities. So I'm thinking about selling this one, too, because we can make a decent profit on top of this without doing anything to it. I'm wanting to buy more acreage in the middle of no where and the houses I'm watching are selling the same day they're listed. It's crazy. Just curious what you've seen in your areas, if any of you are watching the market.

(post is archived)

[–] • 3 pts

Houses are getting above market offers and selling the same day they hit the market. White flight from the cities must be in full swing.

[–] • 0 pt

With all the money printing I'm actually wondering if these houses aren't being bought up by large corporations to push the agenda 21/32.

[–] • 1 pt

Nah it’s whites fleeing the cities. Smart enough to see the writing on the wall. At least in my area anyway. Houses on 20 acres going for 500k.

[–] [deleted] • 1 pt

When whites leave the city, they leave behind a bunch of empty, decreasing in value homes, which big Corps buy up.

[–] • 2 pts

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.

[–] • 0 pt

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.

[–] • 1 pt

Over inflated housing prices usually signal a crash in the near future,hold on to what you have.

[–] • 1 pt (edited )

Sales the last 3 months in my area are averaging $368 per square foot according to Redfin. It's still cheap by Southern California standards. Some cities closer to Los Angeles are averaging around $600 per square foot.

[–] [deleted] • 1 pt

New Yorkers are fleeing their shit hole and driving up prices here. They have to go back.

[–] • 1 pt

I'm one of those city slickers that sold my crazy expensive house in the city for a not quite as expensive house in the woods for about $180/sq ft. I over paid because there was literally nothing available I could afford. I get bounded by agents daily telling me I can sell my already overpriced house for even more. The problem is where do I move to? The whole market is like this. My realtor tells me there's nothing in the area that stays on the market over a day unless they're more than most people can afford.

[–] • 1 pt (edited )

in my area land jumped up in 2020 (around June) 220% per acre.

Price are not only super high,...they're in high demand.

[–] • 1 pt

Holy shit, rates are almost triple that here. Zillow estimates that our place should be worth about $288.73 per foot.

If we could drive away the last few crackheads then this could almost become a relatively nice nighborhood. Being a few blocks from the beach should boost value up even more, but... it do.

[–] • 0 pt

Same here unfortunately the county has bought up the bankrupt local hotels/motels, apartments and housing and are turning them into homeless/people in need shelters and will be staffed 24/7 with counselors etc.

The burns are turning into a shit show also.

[–] • 1 pt

$101/sqft

about 4x that here

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