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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A massive bubble in the South is about to pop (lemmy.world)

submitted 3 months ago by [email protected] to c/[email protected]

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https://x.com/nickgerli1/status/1810284154451378414

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[–] [email protected] 1 points 3 months ago (1 children)

I could see a bubble of too many homes for sale and not enough people buying. Not really a huge crash but it would cause prices to ease up. I'm currently looking to buy a new home and the longer I wait the more I'm seeing prices continue to drop.

[–] [email protected] 4 points 3 months ago

Except that is pretty region specific. I would understand that being the case in climate evacuation areas where the insurance market has fled. But in most parts of the country I have been led to understand that there are few people trying to sell because they have locked in good interest rates.