Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain

Home prices around the US are being cut at a faster pace as inventory piles up (www.businessinsider.com)

submitted 7 months ago by SeattleRain to c/housing_bubble_2

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[–] [email protected] 3 points 7 months ago

Yeah not in LA. Two months ago, a dilapidated and downright smelly 3 bed/2 bath old house went on sale for $720k. It sold for that price a few weeks later. I live in the neighborhood and bought a much better maintained and slightly bigger house for $650k last year. It's nuts.

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