Quote:
Originally Posted by Kelse92
All that said, I agree that prices have skyrocketed. 2015 in particular being INSANE in the market around here. But I think it's corrected quite a bit and things are steady, with the more affordable houses of course still the hot items.
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I feel like the market here should be $250k for the average home in suburbia. I don’t consider that unreasonable. These are lower middle class, cookie cutter homes. Neighborhoods consist of mirrored floor plans with house A having blue siding and house A.1 being the same but with a 2 ft stone on the street face. That $250k home is $350k. I’m no expert (far from it at best), but how do people feel about another correction? The economy seems strong. The consumer seems stronger. Am I unrealistic in thinking the good times have a shift on the horizon with the election coming up?
(Election just being a factor, not a sole driver)