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b_b  ·  248 days ago  ·  link  ·    ·  parent  ·  post: Schroedinger's Housing Market, May Edition

And yet the strangest thing is that around me anyway, any house that's decently updated and not priced to gouge is moving fast. My sister is trying to buy a place right now, and she has had no luck, even bidding over list on a house on day 1. The data are the data, but my experience just doesn't square. I'm very confused about what's happening. Also haven't seen the door buster car deals I've been waiting for. GM took 20% of my wife's pay (as a forced loan...supposedly), and they don't seem too eager to move product like they were in '09. Schizophrenic economy right now.