Page:
1

Topic: House prices have risen 53% in the last two years, and rent has risen 48% in the

Gerry Hunt

Karma:
Posts: 81

Just watched a piece on the local news ~ house prices have risen 53% in the last two years (just when I was ready to buy a house!) and rent has risen 48% in the last 4 years in Western North Carolina. What is the market doing where you live?

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Heather Blume

It's insane. And this can't last. And it all feels a heck of a lot like 2007... buckle up.

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Lindsay Stewart

That's what I keep saying.

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Christine Allen

Move to SC..I could be wrong, but I do not feel we are feeling the pinch

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Leslie Stewart

I’m in Boise. I believe the last numbers I saw were 73% rise in home prices and 65/68% in rent (can’t remember which).

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Joan Campbell

My personal rent (where I live) up 25% a month plus the pet rental fee $25 a month per cat????

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Jill Douglas

I had to get my house appraised so I could refinance. The appraisal from this time to last time almost doubled!

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Shelly Griggs

About the same. I read an article yesterday that Phoenix needs 15,000 more apartments to stay up with demand. I don’t see it slowing down here anytime soon.

Posted 1 year 11 months ago

Quick Reply Reply Quote

Gerry Hunt

Karma:
Posts: 81

Here is some good info on this topic. It is a few years old, but still relevant! www.nmhc.org/.../apartment_supply_shortage_2018...

Posted 1 year 11 months ago

Quick Reply Reply Quote

Topic Author

Sherry King

I’m blessed to have had that opportunity. I’ll share that my house value has more than doubled in that time. Seattle area. North end of lake Washington. It’s crazy. Based on neighboring house sales the last five months, it’s ‘market value’ ( we know how that works in our industry) is nearly five times what I bought it for 18 years ago.

Posted 1 year 11 months ago

Quick Reply Reply Quote

Reply Topic

Page:
1

Discuss!

Multifamily Insiders Discussions

The Front Lines

House prices have risen 53% in the last two years, and rent has risen 48% in the last 4 years. What is the market doing where you live?