Home Prices Soar 18% To An All Time High

Source: https://www.zerohedge.com/markets/home-prices-soar-18-344625-all-time-high-record-58-houses-sell-within-two-weeks-listing
Published: Apr 25, 2021
Author: Tyler Durden
Post Date: 2021-04-25 17:37:39 by Horse
Views: 379

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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#1: TommyTheMadArtist    To: Horse (#0)

Better paid off with cheap dollars than expensive ones.

TommyTheMadArtist posted on 2021-04-25 21:07:55   Reply   Private Reply

#2: TommyTheMadArtist    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   Reply   Private Reply

#3: Lod    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   Reply   Private Reply

#4: Ricky    To: Horse (#0)

News Flash.

There is NO Lumber Shortage!!!!!!!! Oil Shortage or anything else...

There is NO Shortage of People Willing to LIE to YOU,

FOR MONEY!!!

Now You Understand.

Ricky posted on 2021-04-26 00:14:52   Reply   Private Reply

#5: NeoconsNailed    To: Lod (#3)

LOL!

NeoconsNailed posted on 2021-04-26 00:25:17   Reply   Private Reply

#6: NeoconsNailed    To: Ricky (#4)

They're.... LYING to us?

NeoconsNailed posted on 2021-04-26 00:25:41   Reply   Private Reply

#7: TommyTheMadArtist    To: Ricky (#4)

I know it has to do with our currency being ridiculously devalued due to inflation.

TommyTheMadArtist posted on 2021-04-26 15:33:25   Reply   Private Reply