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Title: Home Prices Soar 18% To An All Time High
Source: [None]
URL Source: https://www.zerohedge.com/markets/h ... -sell-within-two-weeks-listing
Published: Apr 25, 2021
Author: Tyler Durden
Post Date: 2021-04-25 17:37:39 by Horse
Keywords: None
Views: 217
Comments: 7

A Record 58% Of Houses Sell Within Two Weeks Of Listing

Builders are struggling to construct new homes given an ongoing lumber shortage. Without more homeowners listing, buyers are scrambling to compete for the limited number of homes on the market, which continues to drive prices up to new heights.


Poster Comment:

Don't worry about it. When Hyperinflation hits, I expect prices to rise at least 6,000% so a fixed rate mortgage sounds good as long as you can make the payments.

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#2. To: Horse (#0)

Here is a question.

Why do we have a national lumber shortage? Did we run out of trees?

TommyTheMadArtist  posted on  2021-04-25   21:28:55 ET  Reply   Untrace   Trace   Private Reply  


#3. To: TommyTheMadArtist (#2)

They were all chopped up in the national toilet paper shortage?

Only two products that never had a "shortage" here are Pall Malls and Burnett's vodka. And no price increases either.

Lod  posted on  2021-04-25   22:29:07 ET  Reply   Untrace   Trace   Private Reply  


#5. To: Lod (#3)

LOL!

NeoconsNailed  posted on  2021-04-26   0:25:17 ET  Reply   Untrace   Trace   Private Reply  


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