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New It's happening now
The prices are dropping as we are watching. New homes are coming onto the market and not being bid up.

Cash is not available so now it's not time for me yet but I'd rather wait anyway. It's going to get into a frenzy in about a month.
New In our neighborhood...
...it's only happening for the "entry level" houses.

Put a nice home on the market, it's gone so fast there's a causality violation, which sucks because we're trying to move out of an "entry level" house.
Ceterum autem censeo pars Republican esse delendam.
New What's an entry level cost around you?
New Re: What's an entry level cost around you?
$6-800k. They were going for $100-200k over asking, in the past month they've been sitting longer. Houses above that aren't going on the market, and when they do, *poof* they're gone.
Ceterum autem censeo pars Republican esse delendam.
New make me glad I live in the swamp
"Science is the belief in the ignorance of the experts" – Richard Feynman
     Need a house, trying to time it - (crazy) - (12)
         By the way, this is what I predicted for the internet many years ago - (crazy)
         5 acres 3 mobile homes done :-) -NT - (boxley) - (1)
             Absolutely consideration - (crazy)
         Keep an eye on CalculatedRisk. - (Another Scott) - (2)
             Fully agree with last paragraph. - (a6l6e6x) - (1)
                 tell me about it sat on 150k for 11 years and made $800 - (boxley)
         It's happening now - (crazy) - (4)
             In our neighborhood... - (InThane) - (3)
                 What's an entry level cost around you? -NT - (crazy) - (2)
                     Re: What's an entry level cost around you? - (InThane) - (1)
                         make me glad I live in the swamp -NT - (boxley)
         Seems you get to wait your turn for yet another decade or two: - (CRConrad)

I suspect that this sword is forged.
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