Median home value is up 0.4% in the last year, homes typically go under contract in 31 days. So the market value of homes isn’t keeping up with inflation but it’s not crashing either. We’re not in the “offer 10% over cash on listing day or don’t bother” madness we were in before. Many would say that’s a good thing.
Topseykretts88 on
What was the gap in 2014-15? I dont remember seeing any hysteria back then..?
Savings_Two_3361 on
Whatever…. banks will just buy them
SolidLeek1421 on
larger than 2008? I cannot see that from the graph.
Flythagoras on
You aren’t really “selling” when you’re trying to sell your house for 20% than it’s actual value
6 Comments
Median home value is up 0.4% in the last year, homes typically go under contract in 31 days. So the market value of homes isn’t keeping up with inflation but it’s not crashing either. We’re not in the “offer 10% over cash on listing day or don’t bother” madness we were in before. Many would say that’s a good thing.
What was the gap in 2014-15? I dont remember seeing any hysteria back then..?
Whatever…. banks will just buy them
larger than 2008? I cannot see that from the graph.
You aren’t really “selling” when you’re trying to sell your house for 20% than it’s actual value