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Post by ferris1248 on Jul 30, 2024 6:53:16 GMT -5
"In metro Atlanta tons of homes are in foreclosure"
Tons? I think he must be a writer for MSM.
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Post by garycoleco on Jul 30, 2024 7:05:17 GMT -5
"In metro Atlanta tons of homes are in foreclosure" Tons? I think he must be a writer for MSM. Reading what I wrote isn't really that difficult. Errors and omissions, typical of mainstream media......
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Post by richm on Jul 30, 2024 7:05:50 GMT -5
I just think folks hit a point where they said, that costs too much and are waiting for something to change. The market has pretty much stalled.
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Post by ferris1248 on Jul 30, 2024 7:28:44 GMT -5
It's a normal thing. Prices go up until the buyers push back.
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Post by olmucky on Jul 30, 2024 8:12:43 GMT -5
I think there is more to it (and gonna stick with my “source” that some of the investment co’s are unloading). Not saying it’s going to be like 2006/7 but everything is lining up for a hit. It started w the drop in boat/RV sales. Heavy equipment sales. Anyways. Not wanting to piss in anyones corn flakes. Start a fight on who is more right. Just conversations and observations.
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Post by richm on Jul 30, 2024 8:16:19 GMT -5
I think there is more to it (and gonna stick with my “source” that some of the investment co’s are unloading). Not saying it’s going to be like 2006/7 but everything is lining up for a hit. It started w the drop in boat/RV sales. Heavy equipment sales. Anyways. Not wanting to piss in anyones corn flakes. Start a fight on who is more right. Just conversations and observations. No argument. Something is going on. We're in a weird spot - during & shortly after the Covid thing folks went ape buying stuff. Maybe inflation was designed to slow that down? In it for the ride.
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Post by 1outlaw on Jul 30, 2024 10:42:40 GMT -5
Maybe in your area but not in mine.
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Post by ferris1248 on Jul 30, 2024 10:50:53 GMT -5
I think there is more to it (and gonna stick with my “source” that some of the investment co’s are unloading). Not saying it’s going to be like 2006/7 but everything is lining up for a hit. It started w the drop in boat/RV sales. Heavy equipment sales. Anyways. Not wanting to piss in anyones corn flakes. Start a fight on who is more right. Just conversations and observations. I think you're right and it's contributing to more supply than demand. Until interest rates come down I think it will continue.
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Post by stc1993 on Jul 30, 2024 12:17:43 GMT -5
Atlanta is not on the list.
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Post by osprey11 on Jul 30, 2024 14:42:33 GMT -5
I think there is more to it (and gonna stick with my “source” that some of the investment co’s are unloading). Not saying it’s going to be like 2006/7 but everything is lining up for a hit. It started w the drop in boat/RV sales. Heavy equipment sales. Anyways. Not wanting to piss in anyones corn flakes. Start a fight on who is more right. Just conversations and observations. Stupid observation by me. My local Chic-fil-a for years ran a crew out front taking orders. Lines around the building and out into the street in the morning. The lines have shrunk. Last couple times I visited pull up to the drive thru screen and order.
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Post by PolarsStepdad on Jul 30, 2024 14:53:34 GMT -5
I think there is more to it (and gonna stick with my “source” that some of the investment co’s are unloading). Not saying it’s going to be like 2006/7 but everything is lining up for a hit. It started w the drop in boat/RV sales. Heavy equipment sales. Anyways. Not wanting to piss in anyones corn flakes. Start a fight on who is more right. Just conversations and observations. Stupid observation by me. My local Chic-fil-a for years ran a crew out front taking orders. Lines around the building and out into the street in the morning. The lines have shrunk. Last couple times I visited pull up to the drive thru screen and order. Shiyattttt if my local Chic slows down I'm gonna sell off everything. EVERYTHING
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Post by johngalt on Jul 30, 2024 15:30:41 GMT -5
I have noticed houses here in Panama City are slowing down some. A couple in my neighborhood are for sale and have been for a couple of weeks. A few months ago the for sale sign wouldn’t be up for a day or two!
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Post by conchydong on Jul 30, 2024 15:46:57 GMT -5
Here in Pompano I saw the first open house signs in a long time. Before as soon as a house was listed a Yankee would buy it without even seeing it. If you’re going to stay in your house then property taxes may go down if the government does a reassessment. That happened to me after the 2008 housing crash.
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