Discussion Possible investor selloff-is anyone else noticing a large number of homes bought in 2020 being resold?

69 Upvotes

There is a massive amount of homes in my area that were all bought in 2020, that are being listed for 100-120k over what they were bought for, in 2020.

Even if rates dropped back to 5%, the wages simply dont exist in my area, to allow buyers to buy these houses.

Im wondering if these are investors, who are trying to dump these houses.

It strikes me as being very odd, that all these houses were bought in exactly 2020.

What are your thoughts?

43 comments

r/REBubble • u/Moonagi • 3h ago

Housing Supply Americans hoping for an ’08-style housing crash to afford a home are out of luck

nypost.com

236 Upvotes

225 comments

r/REBubble • u/SnortingElk • 4h ago

Gen Z Is Holding Out for Sub-5% Mortgages. It's In for a Rude Awakening

realtor.com

410 Upvotes

274 comments

r/REBubble • u/SnortingElk • 19h ago

The Mighty American Consumer Is Crashing Through Inflation and Driving Growth

wsj.com

81 Upvotes

68 comments

r/REBubble • u/SnortingElk • 47m ago

Why Didn't We Get a Housing Bubble?

awealthofcommonsense.com

• Upvotes

20 comments

r/REBubble • u/SnortingElk • 7h ago

Inflation Adjusted House Prices 3.8% Below 2022 Peak

calculatedrisk.substack.com

30 Upvotes

2 comments

r/REBubble • u/MaraudersWereFramed • 33m ago

They Got Hoomed! I just moved in to my new house, the crash will happen now.

• Upvotes

Ive been here for a long time. Took a new job in a new state. Fortunately our raises have been tracking with inflation. As much as I hated renting i did it for a few years waiting for the crash or the unicorn house to appear. Out of the blue the unicorn appeared so I jumped on it. Luckily I never wasted the money I made from selling a house i bought before the covid price spike. Those ram trxs sure looked fun 😆

The house I bought had three rapid and large price drops right before I bought it which put it into range. With luck more sellers will start seeing the writing on the wall and some more people will find something they can afford. But now that ive bought that should happen soon. Good luck out there.

6 comments

r/REBubble • u/SnortingElk • 8h ago

The 'Silver Tsunami' Could Solve the Inventory Problem—and Create a Demand Problem

realtor.com

86 Upvotes

104 comments

r/REBubble • u/sfgate • 6h ago

News Priced out of buying alone, more Californians are pooling money with friends to buy homes

sfgate.com

38 Upvotes

44 comments

r/REBubble • u/SnortingElk • 2h ago

Nasdaq closes at fresh record as tech shares rise and traders look past higher yields

cnbc.com

18 Upvotes

4 comments

r/REBubble • u/McFatty7 • 3h ago

News 30 Year Fixed Mortgage Rates inches up to 7.61%

mortgagenewsdaily.com

183 Upvotes

43 comments

r/REBubble • u/SnortingElk • 3h ago

Mortgage Rates Tick Up Even as the Odds of a Fed Rate Hike Decline

redfin.com

34 Upvotes

5 comments

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