I thought the same, and I've seen some small effects

May 29, 2020
9:19:51am

displacedute All-American

but for the most part it appears there isn't a huge impact on prices because inventory is also staying low (nobody wants to move right now, so they're not selling if they can avoid it).

Vox

Why housing prices aren’t dropping in the pandemic

The housing market isn’t collapsing.

https://www.vox.com/covid-19-coronavirus-economy-recession-stock-market/2020/5/29/21273520/housing-market-coronavirus-impact-home-prices-mortgages-crash

Curbed

How coronavirus is impacting the housing market

The economy is grinding to a halt. Will the housing market follow?

https://www.curbed.com/2020/3/6/21163523/coronavirus-economic-impact-housing-market

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displacedute

Bio page: displacedute
Joined: May 30, 2005
Last login: Apr 24, 2024
Total posts: 10,948 (29 FO)

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Messages

Author

Time

I thought RE price increases would pause because of Covid, with a chance of

DC12

5/29/20 9:13am

Location, Location, Location. You're paying probably $300K-$400K for location

StarMan

5/29/20 9:17am

I thought the same, and I've seen some small effects

displacedute

5/29/20 9:19am

With that location and interior it looks like a steal at $1.35mm to me.

RdF3

5/29/20 9:20am

Prices also have remained high due to low supply.

StarMan

5/29/20 9:21am

target marketed specifically for people escaping from CA

Nat Gas Man

5/29/20 9:22am

I just don't see the appeal of living in that area. What am I missing?

Jeff Spicoli

5/29/20 9:26am

RE: I just don't see the appeal of living in that area. What am I missing?

85fan

5/29/20 9:29am

I love the area- tree lined streets, charming old homes, close to downtown

DC12

5/29/20 9:31am

Beautiful home and remodel. Nice location. Back yard stinks. Overpriced.

Turnpike Lane

5/29/20 9:31am

You could get a house 2x the sq ftg & a lot 2x acreage in Alpine for that price

YSMACK

5/29/20 9:56am

And less Utes for neighbors

pegushin

5/29/20 9:58am

My son is learning about standing alone as byu fan - only one in his class

DC12

5/29/20 10:45am

That is one of the most sought after areas in the valley. Not surprised by the

Millhouse

5/29/20 9:34am

That house is in my brothers ward. He just sold his on Herbert Ave just 2

saltlakecoug1

5/29/20 10:10am

I've heard Whitt lived around there--didn't know he was on Michigan

DC12

5/29/20 10:47am

Their new home is on Yalecrest. Moving wards but still within the stake.

Why housing prices aren’t dropping in the pandemic

How coronavirus is impacting the housing market

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