I think the housing market is about to burst again (lemmy.world)

submitted 2 days ago by [email protected] to c/[email protected]

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Have noticed a ton more houses for sale in my city, about double of last year. Prices have declined and houses are staying on the market longer. I think people thought interest rates were finally going to go down but with the fed keeping them at their current levels there’s a lot of owners trying to get out of the market while it’s still relatively up. I suspect within another year the bubble is going to burst.

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[-] [email protected] 9 points 2 days ago

Which country is this? If in US, which state?

[-] [email protected] 4 points 1 day ago

The fed = USA.

[-] [email protected] 2 points 1 day ago

Yep, Southern California specifically

[-] [email protected] 2 points 1 day ago

Thanks. How is Inland Empire these days?

[-] [email protected] 2 points 1 day ago

Not great, but no revolution yet... I can smell it coming though.

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this post was submitted on 04 Jun 2025

16 points (100.0% liked)

Collapse

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