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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)

#1351
  • 予測では
  • 2020/10/23 (Fri) 16:21
  • Report

The Los Angeles Housing Report


Values going up

The Los Angeles county housing market will remain a hot
With strong demand and an incredibly low inventory, the market will continue to lean heavily in favor of sellers, resulting in The Los Angeles county housing market will remain a hot seller's market.

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)

#1352
  • 仙人
  • 2020/10/23 (Fri) 17:41
  • Report

If Prop 19 goes Yes, there will be
a lot of houses for sale next summer or so. Should be easier to buy.

If Prop 15 is YES, rents will go up.

Better to wait until end of next year to 2022.
Many people delay selling when prices are rising.

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)

#1354
  • 昭和のおとっつぁん
  • 2020/10/23 (Fri) 20:17
  • Report

What if Prop 19 is No instead of Yes ?

What if Prop 15 is No instead of Yes ?

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)

#1362
  • 溜息
  • 2020/10/24 (Sat) 11:58
  • Report

Renter1, move out of state due to inability to pay rent. Or moves back to his parents' house.
Renter2, unable to pay rent for more than 6 months, carry over to next year
Renter3, unable to pay rent, rent from someone you know, live in a garage, or worse, homeless
Renter4, work hard and buy condo or house. Monthly payments are lower than when renting
Renter5, every year $ Keep paying 20-40k in rent and sigh when you calculate how much you've thrown away in 10-20 years. Overwhelming majority

Property owners Property values are going up steadily. Refinance to lower monthly payments and cash out and live for the foreseeable future.

As a result, the number of apartment renters is decreasing, while a large number of prospective buyers are flooding into the properties for sale, causing prices to skyrocket.

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)

#1364
  • 教えて経験者
  • 2020/10/24 (Sat) 12:12
  • Report

I bought a house for 800K and the Value of the house is now 1200K. The loan is still there, but if this sells at VALUE price, will I get the extra amount minus the loan?

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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