WHOA baby, what a market!

31 Mar 2021 09:10 #1 by homeagain
wolfstreet.com/2021/03/30/the-most-splen...-glory-march-update/

our home,in just 6 yr,has increased OVER 100%......1/2 ACRE 1977 sq ft.3 bdrm 2bath oversized double garage,well appointed...large trees we
planted,shrubs...landscaped over time.

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31 Mar 2021 10:46 #2 by FredHayek
Replied by FredHayek on topic WHOA baby, what a market!
WSJ had a front page article about this today. 10% gain in Denver last year despite the riots and shutdown of most events in Denver last year. This is unsustainable, and they say the tight supply of houses for sale is not going to improve for a long time. I have a realtor buddy crying poor. He can't find any homes to sell.
I have seen a bunch of housing being built in the metro area but the pace of the projects is going slow because of lumber and appliance shortages.

Thomas Sowell: There are no solutions, just trade-offs.

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