Frugal and Energy Efficient Living

multigraincracker

(34,068 posts) Fri Jul 21, 2023, 01:43 AM Jul 2023

Housing prices have gone nuts.

Thought we might move, after a month of looking we gave up and are staying put. Been looking at South East Michigan. Up here in the mid-state area prices haven’t gone up like down there.

Seems like a bubble to me. Like 2008.

10 replies

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Housing prices have gone nuts. (Original Post) multigraincracker Jul 2023 OP

Here in California Housing prices are through the roof, and high interest rates doesn't seem to JohnSJ Jul 2023 #1

I'd love to live there. multigraincracker Jul 2023 #6

So true CountAllVotes Jul 2023 #7

Where are you now? PlutosHeart Jul 2023 #2

The less populated center of the mitten. multigraincracker Jul 2023 #3

Shit. That ain't nuthin'. We bought our house in 1982. It was the cheapest house in town, in the 3Hotdogs Jul 2023 #9

WOW PlutosHeart Jul 2023 #10

We've had our involvement with the small planes looking for any,.. TreasonousBastard Jul 2023 #4

Like Tulip Mania in 17th multigraincracker Jul 2023 #5

Houses in my neighborhood went from 130,000 to peacefreak2.0 Jul 2023 #8

JohnSJ

(96,520 posts)

1. Here in California Housing prices are through the roof, and high interest rates doesn't seem to

Reply to multigraincracker (Original post)

Fri Jul 21, 2023, 01:48 AM

Jul 2023

affect the prices

multigraincracker

(34,068 posts)

6. I'd love to live there.

Reply to JohnSJ (Reply #1)

Fri Jul 21, 2023, 02:26 AM

Jul 2023

Couldn’t afford a cardboard box under a bridge.

CountAllVotes

(21,066 posts)

7. So true

Reply to JohnSJ (Reply #1)

Fri Jul 21, 2023, 02:54 AM

Jul 2023

Even my crummy little house here in California has quadrupled in value; recently by almost $100,000K!

Unbelievable! I really cannot afford to live here but I am some how.

PlutosHeart

(1,445 posts)

2. Where are you now?

Reply to multigraincracker (Original post)

Fri Jul 21, 2023, 01:53 AM

Jul 2023

We hope to sell and relocate as well. Am in the middle of MN.

multigraincracker

(34,068 posts)

3. The less populated center of the mitten.

Reply to PlutosHeart (Reply #2)

Fri Jul 21, 2023, 02:03 AM

Jul 2023

We saw a house listed for $110,000 that looked great. Next day the listing said $120,000. We had called to look at it and the realtor said they had 48 offers the fist few days and excepted one for $148,000.

3Hotdogs

(13,394 posts)

9. Shit. That ain't nuthin'. We bought our house in 1982. It was the cheapest house in town, in the

Reply to multigraincracker (Reply #3)

Fri Jul 21, 2023, 07:08 AM

Jul 2023

second crappiest neighborhood in town --- paid $83,500.

It is now worth $750k, with no improvements, additions or whatever being added. Our stepdaughter and husband are buying it for $400k, with a "life estate" given back to us.

PlutosHeart

(1,445 posts)

10. WOW

Reply to 3Hotdogs (Reply #9)

Sun Jul 23, 2023, 12:36 AM

Jul 2023

Cali?

TreasonousBastard

(43,049 posts)

4. We've had our involvement with the small planes looking for any,..

Reply to multigraincracker (Original post)

Fri Jul 21, 2023, 02:11 AM

Jul 2023

place to build a million dollar home. Used to be farmers cashing out, but now every one's in the game. Vast amounts of money looking for a quick return. Not just me, but loads of people with good incomes priced out.

multigraincracker

(34,068 posts)

5. Like Tulip Mania in 17th

Reply to TreasonousBastard (Reply #4)

Fri Jul 21, 2023, 02:23 AM

Jul 2023

Century Holland.
Don’t be too late in getting out.

peacefreak2.0

(1,027 posts)

8. Houses in my neighborhood went from 130,000 to

Reply to multigraincracker (Original post)

Fri Jul 21, 2023, 06:44 AM

Jul 2023

300,000 since COVID. Absolutely crazy.

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