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Topic

Real estate prices, starting to rise again ？.

Housing
#1
  • 賃貸貧乏
  • mail
  • 2020/02/21 10:50

I've been saving for a down payment for a few years to buy a house in Torrance or thereabouts.

Last year, real estate prices seemed to have leveled off a bit, so I was wondering if they would go down this year, but I've been looking at SOLD prices for the past few months and they seem to be higher than before.
And when they go on sale, they are PENDING a week later.
Maybe it will still go up?

Even if I hoard downpayments, the price goes up and I can't buy it after all~.
More and more I can only buy in remote areas ~ （ Tears ）.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2026
  • 仙人
  • 2022/06/07 (Tue) 18:38
  • Report

Now it's graduation season. Election is today and this is what it looks like.
The economy is not bad, because the economy is good and prices are going up, so interest rates are going up
Unemployment is low ・

Do you own real estate ？
You don't seem to understand it very well.
Real estate investment is not a short term game.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2028
  • pooske
  • 2022/06/10 (Fri) 21:49
  • Report

I don't think the L.A. neighborhood will go down, especially in the trans and other safe areas. It is a supply and demand issue and supply is not keeping up with demand. The only houses for sale are deceased, divorced, or relocated. In contrast, there are many Asians who want to live here. They are buying with cash, so they can't compete.
I also moved from Silicon Valley last year and was able to do it for 25% over asking price in cash the day it went on the market. It has already gone up 20% in value in a year.
I think the Chinese lockdown may be having an effect ？ that has been lifted, so real estate around here will move again. If you want to buy real estate in this area, you have to take the steps of buying a condo first, then a townhouse, and finally a house. Bank interest rates won't help. The only way is to invest, but stocks are cheap now, and in that sense it may be a good time to buy, but it is risky. This coastal property is special. You can't buy more places later.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2029
  • 下がってる
  • 2022/06/11 (Sat) 11:00
  • Report

It's getting lower and lower ？ I hope it doesn't crash...lol

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2031
  • トホホのおとっつぁん
  • 2022/06/14 (Tue) 14:20
  • Report

It's all supply and demand.
Home sales are still about 20% of pre-Corona levels.
If more properties don't come on the market, prices won't drop so much.
Especially now that interest rates are going up for those who bought at low rates, there is no advantage to selling your house and then buying a new house at a higher rate. It's whether or not the big investment companies will give up their properties.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

#2032
  • 用意は良いかい？
  • 2022/06/14 (Tue) 15:28
  • Report

The Fed will finally do the heavy lifting and start gradually reducing purchases and selling housing bonds in August, which it has been purchasing for a long time as part of its monetary easing policy, so I guess we will see what happens from there.

This text has been translated by auto-translation. There may be a slight difference between the original text and the translation. (Original Language: 日本語)

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