WNC and East/Middle TN. That’s a big area, but I figure you’re in the know there. It doesn’t appear prices will ever return to 2021 or earlier values? Seems dependent on price/segment of each market as well.
Thanks Melody, for what you do and how you explain the data.
During the GFC didn’t a number of Midwest cities like Columbus, Toledo, Indy, etc fair better than most of the country? I could be wrong, but my vague recollection is that in the aggregate, the Midwest fell less than the rest of the country, with the justification given that the Midwest had not seen the same level of speculation and out of control price increases that other areas saw.
My husband works at a bank in Edmond, OK. An couple in their 60s came in yesterday to get a check for their new home. They had negotiated the price down from $595,000 to $510,000. Just one example of what we're beginning to see.
As a Canadian I will pass on suggestions as this is important for Melody to get right for my American friends. I hope to learn more about what is happening so when I am visiting I can understand and discuss. And am always happy to share what is going on in the North of America.
WNC and East/Middle TN. That’s a big area, but I figure you’re in the know there. It doesn’t appear prices will ever return to 2021 or earlier values? Seems dependent on price/segment of each market as well.
Thanks Melody, for what you do and how you explain the data.
During the GFC didn’t a number of Midwest cities like Columbus, Toledo, Indy, etc fair better than most of the country? I could be wrong, but my vague recollection is that in the aggregate, the Midwest fell less than the rest of the country, with the justification given that the Midwest had not seen the same level of speculation and out of control price increases that other areas saw.
Or am I just imaging that?
Motor City please if you get a chance
They are next after Nashville.
Thank you Melody!!!
My husband works at a bank in Edmond, OK. An couple in their 60s came in yesterday to get a check for their new home. They had negotiated the price down from $595,000 to $510,000. Just one example of what we're beginning to see.
Thank you for that local intel. I wish they had gotten a more significant discount.
Cincinnati please
Austin and Dallas Part 2 please
As a Canadian I will pass on suggestions as this is important for Melody to get right for my American friends. I hope to learn more about what is happening so when I am visiting I can understand and discuss. And am always happy to share what is going on in the North of America.
How about frozen inventory in Long Island NY
Hi Melody,
I'm in Nor Cal but Anything location you write about is Top Notch.
Thanks for all you do,
Alberta
Ogden, Utah and surrounding area please. Thank you Melody!
Phoenix, Arizona 🙏