
Jump In New Home Sales Is Old News As Rates Surge Back To 7%
Tediously bland wooden boxes newly-built atop suburban concrete farms: Get 'em while there's a glut!
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The newer home across the street from mine went on the market last week. It took exactly two hours to sell.
We put my recently deceased father’s house on the market this week. Big house (by my middle class standards), just over the line into the Philly suburbs, great neighborhood. Only built in 1992, but needs new windows, carpet, kitchen and bathroom, garage door, front door…… 20 showings, 3 offers and a short bidding war and we’re sold in days, $35k over asking price (which was at least $150k more than I expected to put it on the market for).