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  • Popular Post
6 minutes ago, ztejas said:

So... America?

Well, the parts of America that people want to live in. 

10 minutes ago, ztejas said:

So... America?


Liberica

 

 

  • Popular Post

That also looks like a list of the Most Expensive Housing Markets in the US.

7 minutes ago, Beau Vine said:

That also looks like a list of the Most Expensive Housing Markets in the US.

Basically what I was thinking. Just missing Miami and Chicago. 

14 minutes ago, Beau Vine said:

That also looks like a list of the Most Expensive Housing Markets in the US.

I thought millennials are lazy and don't have jobs?

I know there is a narrative that people want to live in bumblefuck, but housing prices and demand don’t lie

You mean that housing prices are high in the area that have the highest demand? GTFO!

Prices are cheap as shit in (insert shitty small town name), why don't people want to move there?

1 hour ago, closetohumping said:

Only Austin in top ten among Texas

 

1 San Jose, Calif.
2 Denver, Colo.
3 Boston, Mass.
4 Seattle, Wash.
5 Austin, Texas
6 San Francisco, Calif.
7 New York, N.Y.
8 San Diego, Calif.
9 Los Angeles, Calif.
10 Washington, D.C.

But….but…..heartland

  • Popular Post
31 minutes ago, CooterBrown said:

I was told no one could afford California and everyone was leaving.

image.thumb.jpeg.71cb26210124513e25b229d21a8a47b1.jpeg

but the person who wrote this a dyslexic and this is data from millionaires. Although…. still.

  • Author
35 minutes ago, ztejas said:

Basically what I was thinking. Just missing Miami and Chicago. 

Man, Chicago, there's a lot of value there. I think it's cheaper than Austin.  Maybe my favorite city.

 

Miami, lots of rich and poor folks, rent is pricey I think.  It's moving on up.

15 minutes ago, crash_davis said:

You mean that housing prices are high in the area that have the highest demand? GTFO!

Prices are cheap as shit in (insert shitty small town name), why don't people want to move there?

You'd like Provo.  

 

It's nice this time of year.

16 minutes ago, closetohumping said:

Man, Chicago, there's a lot of value there. I think it's cheaper than Austin.  Maybe my favorite city.

 

Miami, lots of rich and poor folks, rent is pricey I think.  It's moving on up.

You'd like Provo.  

 

It's nice this time of year.

You mean the Provo with a median housing price of $453k?

https://www.redfin.com/city/16042/UT/Provo/housing-market

  • Author
1 hour ago, PRONG HORN said:


Liberica

 

 

Replace San Diego with a place like Portland and it’s basically a list of the ten most liberal places in the states

1 hour ago, Bateshorn said:

Well, the parts of America that people want to live in. 

Beat me to it.

1 hour ago, closetohumping said:

Replace San Diego with a place like Portland and it’s basically a list of the ten most liberal places in the states

Weird how that works

  • Popular Post

Big cities are liberal hell holes full of crime!   Meanwhile the market disagrees with Fox News alternative facts.  

1 hour ago, closetohumping said:

That’s not too far from the national average.  450 gets you squat in San Diego 

Half a squat 

3 hours ago, ztejas said:

Basically what I was thinking. Just missing Miami and Chicago. 

Chicago? Maybe. Never been to Chicago so I can't judge.

Miami? Fuck that. 

11 hours ago, crash_davis said:

You mean that housing prices are high in the area that have the highest demand? GTFO!

Prices are cheap as shit in (insert shitty small town name), why don't people want to move there?

 

080AAC33-E147-4FDE-8DE3-1573B670D2E1.jpeg

  • Author

But...BUT....let's remain "fair and balanced."  Millennials are now olds, the young whipper snapper Gen Zs are saturating middle America:

 

Most popular U.S. cities for Gen Z homebuyers:
1 Salt Lake City
2 Louisville
3 Oklahoma City
4 Cincinnati
5 Indianapolis
6 Phoenix
7 Minneapolis
8 Birmingham
9 St Louis
10 Virginia Beach

http://www.lendingtree.com/home/mort...n Z buyers 

 

 

This is 500k in Indy:  https://www.redfin.com/IN/Indianapolis/7138-Birch-Leaf-Dr-46259/home/170063381

 

Similar price in San Jose:  https://www.redfin.com/CA/San-Jose/5054-Cribari-Vale-95135/home/1757659

 

OF course real estate is local and hard to compare apples to apples.

5 minutes ago, closetohumping said:

Gen Z homebuyers

All 7 of them?

Quote

Millennials (born between 1981 and 1996, or ages 26 to 41 in 2022) make up a majority of potential homebuyers in most of the country’s largest metros,

Took 'em that long to save up for a down payment

I really fucking hate the term millennial. The idea that someone born in the 80’s has a thing in common with kids born in the 90’s is ridiculous. 

12 hours ago, closetohumping said:

Man, Chicago, there's a lot of value there. I think it's cheaper than Austin.  Maybe my favorite city.

 

Miami, lots of rich and poor folks, rent is pricey I think.  It's moving on up.

You'd like Provo.  

 

It's nice this time of year.

You could do well there

I didn’t realize generations were compelled to move to the same places or maybe there’s a “journalist” splitting hairs with insignificant data in order to get clicks. It’s a shame ChatGPT going to make lazy journalism obsolete.

25 minutes ago, Newdoc said:

I didn’t realize generations were compelled to move to the same places or maybe there’s a “journalist” splitting hairs with insignificant data in order to get clicks. It’s a shame ChatGPT going to make lazy journalism obsolete.

This is almost a bingo 

Somebody sold their family farm to drop some Monopoly houses on.

  • Author
5 minutes ago, FirstTimeCaller said:

I too also have a vendetta against trees.

From the listing:

7138 Birch Leaf Dr

I agree it's soulless.  But those are nice digs!

1 minute ago, closetohumping said:

I agree it's soulless.  But those are nice digs!

Not bad style-wise, but I get the feeling it would have a very "cheap" feel when actually in it.

  • Author
8 minutes ago, FirstTimeCaller said:

Not bad style-wise, but I get the feeling it would have a very "cheap" feel when actually in it.

Spec/track housing. Laminate hard wood.  It’s cookie cutter middle America and that’s ok too

52 minutes ago, closetohumping said:

But...BUT....let's remain "fair and balanced."  Millennials are now olds, the young whipper snapper Gen Zs are saturating middle America:

 

Most popular U.S. cities for Gen Z homebuyers:
1 Salt Lake City
2 Louisville
3 Oklahoma City
4 Cincinnati
5 Indianapolis
6 Phoenix
7 Minneapolis
8 Birmingham
9 St Louis
10 Virginia Beach

http://www.lendingtree.com/home/mort...n Z buyers 

 

 

This is 500k in Indy:  https://www.redfin.com/IN/Indianapolis/7138-Birch-Leaf-Dr-46259/home/170063381

 

Similar price in San Jose:  https://www.redfin.com/CA/San-Jose/5054-Cribari-Vale-95135/home/1757659

 

OF course real estate is local and hard to compare apples to apples.

Kind of a weird article. I don’t think it has to do with popularity but the dynamics of expensive areas. Gen Zers can’t afford coastal metro areas yet and boomers/older Gen-Xers are paying cash if they buy at all, so it makes sense millennials would be the largest buying group by far in those areas. 

Is someone asking for a mortgage offer on Lending Tree a good indicator where millennials are buying?

It could just as easily be an indicator where millennials are struggling to find a payment they can afford, and they're hitting every possible option.

15 minutes ago, We’reTexas said:

...boomers/older Gen-Xers are paying cash if they buy at all...

Based on my personal experience and an informal survey of folks moving into our new development south of Tulsa... Gen-Xers are cashing out of these markets and parlaying it into more space and peace in the heartland.

 

27 minutes ago, Guadaloopy said:

Based on my personal experience and an informal survey of folks moving into our new development south of Tulsa... Gen-Xers are cashing out of these markets and parlaying it into more space and peace in the heartland.

 

Exhibit B: https://www.surlyhorns.com/board/topic/29932-anyone-ever-willingly-moved-to-oklahoma-instead-of-just-from/#comment-5124066

3 hours ago, ztejas said:

All 7 of them?

Well, according to the list, there are at least 10.

As others have said, lots of coastal cities.  The Gulf coast doesn't count.

27 minutes ago, RDCanecutter said:

Well, according to the list, there are at least 10.

It could be one buyer buying in all 10 cities.

17 hours ago, Beau Vine said:

That also looks like a list of the Most Expensive Housing Markets in the US.

Where'd the youngsters get all of the cash flow out of their Humanities Degrees?

  • Author
31 minutes ago, swraith said:

As others have said, lots of coastal cities.  The Gulf coast doesn't count.

Wasn't that the name of RC Slocum's offense?

21 hours ago, PRONG HORN said:


Liberica

 

 

Right, the parts of American where people want to live.

6 hours ago, Nice Guy Eddie said:

Is someone asking for a mortgage offer on Lending Tree a good indicator where millennials are buying?

It could just as easily be an indicator where millennials are struggling to find a payment they can afford, and they're hitting every possible option.

It's ranked by share of mortgages offered to each age bracket.  It has zero to do with popularity, but probably much to do with affordability and population growth (past for Gen Y and present for Gen Z).

24 minutes ago, Rudiger said:

Right, the parts of American where people want to live.

 

Minus these places.  


4 Seattle, Wash.
6 San Francisco, Calif.
9 Los Angeles, Calif.
10 Washington, D.C.

  • Author
2 minutes ago, PRONG HORN said:

 

Minus these places.  


4 Seattle, Wash.
6 San Francisco, Calif.
9 Los Angeles, Calif.
10 Washington, D.C.

I’ve lived in 3 of these and the one I haven’t may be the best of the bunch.  Great places

2 minutes ago, PRONG HORN said:

 

Minus these places.  


4 Seattle, Wash.
6 San Francisco, Calif.
9 Los Angeles, Calif.
10 Washington, D.C.

Heck, people are so desperate to live in three of those cities, they’re willing to live in giant hobo shantytowns to do it! 
 

Check and mate. 

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