Home Prices Soar
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Home Prices Soar (by W [CA]) Feb 23, 2021 1:36 PM
       Home Prices Soar (by Richard [MI]) Feb 23, 2021 1:46 PM
       Home Prices Soar (by Jim in O C [CA]) Feb 23, 2021 2:47 PM
       Home Prices Soar (by C&J [CO]) Feb 23, 2021 4:40 PM

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Home Prices Soar (by W [CA]) Posted on: Feb 23, 2021 1:36 PM

According to the latest data from S&P CoreLogic Case-Shiller, US home prices in the top 20 cities rose at a stunning 10.10% year-over-year - its fastest acceleration since 2014...

That is a price rise that is five times The Fed's 'mandated' level of inflation.

Phoenix, San Diego and Seattle posted the biggest gains in prices. Nationally, the Case-Shiller index jumped 10.4% in December, also the biggest surge since 2014 . . .

So is it time to sell your real assets for the high prices or time to buy more and let inflation pay off the debt?


Home Prices Soar (by Richard [MI]) Posted on: Feb 23, 2021 1:46 PM

If you believe that there will be no correction, hold or buy. If you think the current govt and money have problems, cash in before the crash. --24.180.xx.xx

Home Prices Soar (by Jim in O C [CA]) Posted on: Feb 23, 2021 2:47 PM

In orange county California, Home of Disneyland we are seeing many houses sell for more than the asking price.

Rent increases and evictions are still on hold until 6-30 unless the date is extended. --99.23.xxx.x

Home Prices Soar (by C&J [CO]) Posted on: Feb 23, 2021 4:40 PM

Hope the trend hangs on a bit, just inherited a home in Redondo Beach. Average days on market in that neighborhood is 6 days! House next door went in 4 days, and there was a squatter in it.

With this crazy C-19 and eviction moratorium, we are going to sell amd invest elsewhere. Not sure where yet, but it won't be in residential housing. --209.203.xxx.xx

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