r/USHousingMarket

everyone wants their home to be worth more after they have paid it off, but have you considered the potential advantages it being worth the same or less?

if the home is assessed at less value, and supposedly property taxes are based on the homes value. feasibly you would owe fewer taxes or at least it would be less easy to justify increases.

if the idea is to quit renting and buy so that you can have your money build equity and a stake in that property instead of just it being absorbed.

actual equity. not resale/equity-cashing equity but actual full ownership of the thing you paid for.

if you want it to be worth more, make improvements, build further value to the thing you already purchased the equity in. then it will have a higher value.

if you are not tired of living in that home you purchased and don't need to mortgage it for liquidity (and loose the stake/equity you purchased)

then protecting the property values has no meaningfully use.

and then there is the side effects of protecting property values.

when you force the relationship between the terms "protecting property values" and "preventing affordability".

there are a lot of market problems caused when you prevent affordability. you certainly cant call it free market.

when you prevent something from becoming affordable suddenly less people can afford it. that's not an accident that's just what the words mean in relationship too each other.

every time there is a major property value decrease in an area home ownership goes up. the barrier to entry was not willfully inflated.

if an areas property values stayed low then it would be easier to invest and gain stake in other properties in that area and now at lower prices.

you could rent it out, put you kids in it , run a business from it, all of those great usages of ownership now that you have actual equity / stake

and if your reason is just i don't want poor people living next to me. maybe you are the one who ran off all the classy folk. in that case protecting your value was wrong.

protecting value it self is wrong. remember that value has nothing to do with the equity stake you purchased

just because no one wants to live near you doesn't mean that the home/property isn't yours anymore. if you were renting and that terrible they would run you out.

and when less people can afford housing you end up with a homelessness problem it's only natural it was prevented from becoming affordable.

and then that homelessness problem forces a decrease in property values. thus calling again for the need to "protect property values".

with measures like rounding up homeless w/ incarceration with conditional requirements designed to fail all to hide the fact that their is no longer any affordable housing

because it was prevented from being affordable.

Lower property values make it easier to afford stability.

equity comes from paying down the mortgage and market appreciation. remember if you paid down that mortgage you own the equity and if the market didn't appreciate you made a bad investment if your plan was to sell it.

why should everyone else have to subsidize bad investments?

anyone in a position to be on a zoning board can't arguably fain ignorance in the relationship between protecting property values preventing affordability.

so anytime someone claims the need to protect property values it is 100% only to protect resale/equity-cashing ("banking lizards") otherwise there would be no need.

this isn't just about residential housing this goes for commercial restate as well say you own a commercially zoned business and the property it's on.

if your aren't planning to sell the business what does the property value of the area have to do with anything? if you want the property to have more value if/when you goto sell it, make improvements

improvements keep a property value high even when the rest of a neighborhoods prices are in decline.

this is a difference between built and captured value.

i know it's heretical to speak ill against the banking lizards propaganda

but this is just my 2 cents on the subject.

Just sold a 3120 sq ft home in North Central CA. The house was on the market for 9 months. We dropped the price twice and ended up giving a 10k credit. We went into contract to sell on 8 separate occasions. The 9th time was the charge. We put 340k of upgrades in this house. Yes, we lost money. We completely renovated all 3 baths and the kitchen. We also upgraded the landscape. There were other internal things we either upgraded or completely replaced. The upgrades were just short of 340k over 4 years. It was supposed to be our forever home, but work relocation intervened. There was no way to predict that but the offer was too good to refuse.

The housing market is absolutely horrible! When we bought in April 2022, we were able to secure the loan for 4.25%. Not long after that, the rates sky rocketed. We are currently renting and considered buying but EVERYTHING is overpriced with outrageous rates. I am VERY GRATEFUL that we were able to sell. However, I am wondering why so many people are so willing to buy in this climate, in this market? The math simply doesn’t make sense to me …

My partner and I have full time careers, together make about $300k a year and it’s still hard to figure out how we are going to buy a home. We have three kids, only one in daycare, which costs about $2400 a month. We have the cash to put up at least 10% down on a home but with home prices averaging over 1 million I’m just curious how people are doing it. Are you spending all of your savings to buy a home or just renting? Right now renting is much cheaper than buying because of the interest rate. Are you spending more than the recommended 30% of your income on mortgage?

I’m just feeling discouraged about it all

I save 17k saved for a home, I make 85k a year and I have zero debt and my credit is about 770, I don’t think I have enough to buy a home yet saved up Id like to have something left over after it’s done, I’m in Cape Coral Florida and looking around 300k to 350k. Wondering if I should start talking to lenders

My husband and I have been trying to buy a house in the midlo area, preferably 23114 zip, as we are expecting our first baby in December and we have family in this area planning to help. We live in northside right now and are financially established. We’ve had a really tough time so far and feeling discouraged! We’ve been looking since May and have so far put offers in on two homes and lost them both. Each house received offers of a really high amount over asking that we can’t seem to compete with, we’ve been the first offer both times. Most recent house in Walton Lake neighborhood going minimum 40k over asking with escalations which is at the very high end of what the house is worth. House was listed at 595k and we went up to 630k with no contingencies but were still out bid. Budget is +/- 650k hoping for a 4-5 bedroom updated home, is this not reasonable? Is this market dynamic normal for the area? Trying to figure out if we just need to account for a higher bid going forward or if this will slow down some. TIA

Redfin data shows luxury home prices are up 4.7% year over year and are rising three times faster than non-luxury home prices. Affluent buyers have been better positioned to navigate high housing costs and economic uncertainty, helping keep demand for luxury homes strong.

Tampa and Miami are seeing some of the fastest luxury price growth, while luxury home sales are rising fastest in San Francisco as the Bay Area's AI boom fuels demand.

What do you think is driving demand for luxury homes right now despite high housing costs and economic uncertainty?

Hello,
I just wanted to share my frustrations, I need to relet my studio soon. But no one wants my studio. It sucks, I am quite worried. Its a nice place but its on the expensive side so I do understand. But I am still frustrated.

We are a Southern California family. We are nothing special, just hard working middle-class people.

In our family we have a cohort of cousins all about the same age and they go through life's mile stones together as well. Now they are all in their mid-30s to very early 40s. They all went to school and began their careers. Then they got married and had a baby. Each step all happened in about a 4 year period.

Most surprising to me is that they all have managed to buy a home here in Southern California in the last year. What!? I believed the press that first time home buyers were shut out of the market. What have I missed?

Just for context sake, I am in my 70s, retired, and I am a homeowner that purchased my home decades ago. So, I am both out of the job market and the home buyers market. The young home buyers are all my great nieces and nephews.

I analyzed Cleveland’s 2026 rental market using 4 core metrics: cap rate, affordability, investor score, and local crime risk.

Here’s what stood out:

• Median home price: $144,900
• Cap rate: 4.1%
• Investor score: 61/100
• Crime rate: 7.5 per 1,000 residents
• Population: 383,331

My takeaway: Cleveland is still one of the more affordable Midwest rental markets, which makes entry easier for investors. The cash flow potential is decent, but not extraordinary unless you buy in the right neighbuorhoods.

The biggest variable here isn’t price, it’s location selection. Some areas cash flow really well, while others carry higher vacancy and crime risk.

If you were buying a rental in Cleveland today, which neighbourhoods would you actually consider?

Hello all. My wife and I will be looking at buying our first home in the next 6-7 months in the Miami Fl area (Kendall). Our gross is about 24k a month, so looking in the 600-700k range, possibly higher if it’s a home that truly has most of what we want.

It seems that many listings in this price range and around 800k have been sitting for a while, 30-60 days or more, and new listings are lower than usual instead of the initial absurd asking price which has resulted in a few of them going under contract quickly. Also, we’ve noticed that in many of our saved listings, the ultimate sold price in almost all of them have been lower than the asking. Of course, this is trusting Zillow and realtor app information. I feel that in the last few years these homes would’ve been sold quickly and not be sitting for so long, but correct me if I’m wrong. It seems that it has flipped into a buyers market in the last year or so and especially now. Many listings have several price cuts, some even within one month.

I guess my question is, do you all think this trend of lower prices is going to continue in this market/price range? There are a few properties that we really like and would be able to buy now, however, we currently rent and would have to break the lease which is about and extra 6k and I would hate to give them a dime more than I have to. Also, we are using these next 6 months to really pay down any remaining debt we have, though we aren’t worried about getting approved. I’m worried that something will change again and that in 6 months it will become a sellers market when it seems right now many sellers are willing to negotiate and give concessions.

Thanks!

A recent survey found that only 71% of single people are satisfied with their current living situation, compared to 85% of married women and 90% of married men.

Do you think that's because married couples typically have two incomes, or is there something else going on?

If you're single, what's the biggest thing holding you back from finding a place you're truly happy with?