Home prices UP nearly 2% nationally…..once again frustrating crash predictors.

I agree 100% about staging, some deceptive. We have a high end builder nearby, building a MASSIVE community. At least trying, starting to see a slow down here in the sense too many new home communities for the amount of buyers.
The model homes are beautiful in every sense of the word, well known higher end regional builder. (Chesapeake Homes) so even without what they did in misleading the public with the models homes by all means they are really nice. I have a sibling most likely will buy one. Deciding between a couple communities. (keep in mind these are not huge homes, the SC/NC coastal area in mostly retirement.

Get this, the model homes have REALLY wonderful decorating and "wall treatments" Every room just the right amount. They have used ShipLap very well placed on certain walls and hallways on the 5 models homes. For those that do not know, Shiplap are (lack of a better word) Roughly 4 inch wide planks of wood nailed in, with half inch spaces covering entire walls. Tastefully painted. Well placed throughout the homes so its not overwhelming. Get this!!!!! The Shiplap does not come with the homes AND IT IS NOT AN OPTION.
Salesman meekly said, "yeah I know" The so called designers wanted it to be known what could be done with the house, however they do not do it, you would have to get your own contractor after closing.

This would be an example, many others on the website, though you wont see Shiplap in them, yet in the model homes there are.
BTW- you are not going to get the home you see anywhere near the starting prices.
https://www.coastalclubcarolinas.com/floorplans/the-boardwalk/6096/

@GON, I just updated the above^
What town are these communities located iI or near?
 
I still believe the Government is doing everything possible to keep the housing market propped up including delaying any foreclosures for many reasons.

Nick explains it much better than I could.



The government keeps the housing market high by maintaining high interest rates??
 
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What town are these communities located iI or near?
It's off Ash Little River Rd in Calabash NC and Little River SC When completed the community will be in both counties. They are doing the Calabash NC side first. The address is in the website of the link I posted. Not on Apple Maps yet, it is on google.

1020 Dune Myrtle Dr, NW Calabash, NC 28467
Screenshot 2025-08-31 at 9.47.04 AM.webp
 
I live in Nassau county NY still strong sellers market

View attachment 298071
I would expect a seller's market to be one in which it is easy to sell - so more potential buyers than homes for sale, and thus higher prices.

And conversely, when there is more inventory than buyers, prices drop, creating a buyer's market.

And yet, the Newsweek article appears to define a seller's market as one in which there are more sellers than buyers.

I'm confused ...
 
I would expect a seller's market to be one in which it is easy to sell - so more potential buyers than homes for sale, and thus higher prices.

And conversely, when there is more inventory than buyers, prices drop, creating a buyer's market.

And yet, the Newsweek article appears to define a seller's market as one in which there are more sellers than buyers.

I'm confused ...
In my town a nice sized one in the suburbs of NYC there's 29 houses for sale on Zillow absolutely no inventory but very high demand most priced over a million bizarre thing people buy them
 
I meant:
a substantial amount of pending foreclosures in the pipeline and lots of defaults.

15% of FHA and VA loans are in default.

Gov can do lots of things to prevent kicking people out of their homes for non payment.
As long it doesn’t involve my money. I’ll stop there because we can’t talk about the subject.
Government is already too big
 
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Just read this right now….

Bessent says Trump may declare a national housing emergency this fall​


https://www.kkoh.com/2025/09/01/bessent-trump-may-declare-national-housing-emergency-this-fall/
Because govco has done such a good job of fixing the student loan program they took over 15 years ago.

 
What about investor groups buying up houses, trailer parks etc?

Seems wrong to me.
They lost their shirts like those guys in Zillow.

Seriously, many of them buying up houses not because they are speculating a growth but they have to spend all the USD in a safe investment vehicle. Conforming loan fraud burn them last time, rent control burn them so they have to buy single family house, and then finally in the scale of billions like sovereign funds they have to buy something in large enough volume that will not inflate the price too fast too high, and there are only so many of them that they haven't already invested in (S&P 500, Gold, US Fed bonds, and finally SFH).

We keep printing money buying things from them, what do you want them to do with a piece of paper? They better buy something.

Also most people don't compare prices against gold. If you compare to gold most things drop in price, and most people got less income over time as well. We have only been comparing against each others' currency and within the same currency. I'm buying gold.
 
I agree 100% about staging, some deceptive. We have a high end builder nearby, building a MASSIVE community. At least trying, starting to see a slow down here in the sense too many new home communities for the amount of buyers.
The model homes are beautiful in every sense of the word, well known higher end regional builder. (Chesapeake Homes) so even without what they did in misleading the public with the models homes by all means they are really nice. I have a sibling most likely will buy one. Deciding between a couple communities. (keep in mind these are not huge homes, the SC/NC coastal area in mostly retirement.

Get this, the model homes have REALLY wonderful decorating and "wall treatments" Every room just the right amount. They have used ShipLap very well placed on certain walls and hallways on the 5 models homes. For those that do not know, Shiplap are (lack of a better word) Roughly 4 inch wide planks of wood nailed in, with half inch spaces covering entire walls. Tastefully painted. Well placed throughout the homes so its not overwhelming. Get this!!!!! The Shiplap does not come with the homes AND IT IS NOT AN OPTION.
Salesman meekly said, "yeah I know" The so called designers wanted it to be known what could be done with the house, however they do not do it, you would have to get your own contractor after closing.

This would be an example, many others on the website, though you wont see Shiplap in them, yet in the model homes there are.
BTW- you are not going to get the home you see anywhere near the starting prices.
https://www.coastalclubcarolinas.com/floorplans/the-boardwalk/6096/

@GON, I just updated the above^
It is kind of wrong to build a model home that is different and not an option, not even disclosed. Is this something they can be sued for?
 
I meant:
a substantial amount of pending foreclosures in the pipeline and lots of defaults.

15% of FHA and VA loans are in default.

Gov can do lots of things to prevent kicking people out of their homes for non payment.
Things have to be in equilibrium in the long run or people will stop being in the market.

Try banning foreclosure and lenders won't lend. Try eviction ban and tenants will stop paying rent and landlord will sell instead of renting units out, stop building apartments, etc.

This happens everywhere. Some cities are now not having any rentals despite high demand and people willing to pay. You cannot generate artificial affordability by forcing someone to pay the price or lower the price. If central planning economy works Soviet would not have collapsed.
 
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