this post was submitted on 29 Jul 2024
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Housing Bubble 2: Return of the Ugly

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A community for discussing and documenting the second great housing bubble.

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SeattleRain@lemmy.world
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Tampa Bay Real Estate Market Report. Inventory is at obscene levels, and growing (www.reddit.com)
submitted 1 year ago by SeattleRain@lemmy.world to c/housing_bubble_2@lemmy.world
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[–] PP_BOY_@lemmy.world 5 points 1 year ago

Who tf wants to live in Tampa?

[–] sunzu@kbin.run 3 points 1 year ago

Florida is leading the way here but NE corridor is hardly showing any relief besides gutted volumes.

Gonna be another 1 or 2 years to see if gonna have better prices.

Everyone hoping for lower rates but if they really want to sell, they could just lower prices. Holding RE has huge carrying costs... let them hold it a bit longer longer.

[–] jordanlund@lemmy.world 1 points 1 year ago (1 children)

"obscene levels"... So is that too much inventory or too little inventory? "Obscene" could go either way...

[–] tiramichu@lemm.ee 3 points 1 year ago

Too much - in the title it also says the level is growing