Im bowing out

[Wind Gypsy]

I'm still blown away by those IL real estate taxes.. But your income tax is way lower than MN state income taxes so there is some offset there.

 

[Nick87]

I'm still blown away by those IL real estate taxes.. But your income tax is way lower than MN state income taxes so there is some offset there.

Don't forget we got tollways too.

 

[Dave N]

Don't forget we got tollways too.

And Pritzker and Lightfoot...

 

[Nick87]

And Pritzker and Lightfoot...

Cream of the crop right there. Don't forget maddigen

 

[Dave N]

He's going to prison with the rest of them.

 

[Nick87]

He's going to prison with the rest of them.

I'll believe it when I see it.

 

[Nick87]

So I was driving past a new construction Subdivision this morning they started the project last summer. A couple of there model homes are coming along, up but not sided yet. with material prices up (I'm not sure exactly what percent someone please help me out there) and rates at 5% ~ that's an extra 25% on monthly cost roughly $550 without the added building cost. When they finally get the houses done maybe this fall at best I'm guessing? How much more are they going to cost than they projected when the project started?

 

[Bigjay73]

Another nice Lil setback in this market is that my VA loan is almost completely worthless, almost every seller we've looked at won't accept such a loan. Feels discriminatory at first, but I understand the reasoning. Doesn't make me feel any better about it, but I see why sellers are taking that route.

 

[Nick87]

Another nice Lil setback in this market is that my VA loan is almost completely worthless, almost every seller we've looked at won't accept such a loan. Feels discriminatory at first, but I understand the reasoning. Doesn't make me feel any better about it, but I see why sellers are taking that route.

That sucks

 

[Bigjay73]

My gf and I have abandoned the idea of finding a permanent residence, and are focusing on buying properties we can rent out after a year. It's not any easier to find investment properties, but it's less stressful in a sense.

 

[Nick87]

Canada bans foreign home buyers for two years to cool its housing market

Canada is banning foreign home buyers from making any more purchases for the next two years to cool its real estate market.

www.google.com

 

[Nick87]

Canada bans foreign home buyers for two years to cool its housing market

Canada is banning foreign home buyers from making any more purchases for the next two years to cool its real estate market.

www.google.com

So does that mean more of them are buying here now?

 

[Nick87]

 

[BigHornRam]

View attachment 218682

Higher rate for a fifteen than for 30 or an ARM. That's stupid.

 

[BigHornRam]

Higher rate for a fifteen than for 30 or an ARM. That's stupid.

How accurate is that calculator? I ran some scenarios where 680 scores got a better rate than 800 plus scores.

 

[Deleted member 28227]

How accurate is that calculator? I ran some scenarios where 680 scores got a better rate than 800 plus scores.

I think it's just a aggregator so it's accurate but there are variables it's not telling you.

So for instance folks with a 680 largely don't qualify for a loan and have less money, but those who do do because they have access to X program, which has a lower rate. People with 800 have more money and don't qualify for that subsidized rate.... etc etc.

That would be my guess.

 

[BigHornRam]

I think it's just a aggregator so it's accurate but there are variables it's not telling you.

So for instance folks with a 680 largely don't qualify for a loan and have less money, but those who do do because they have access to X program, which has a lower rate. People with 800 have more money and don't qualify for that subsidized rate.... etc etc.

That would be my guess.

Subsidized rates for people with bad credit. Sounds familiar.

 

[Nick87]

How accurate is that calculator? I ran some scenarios where 680 scores got a better rate than 800 plus scores.

I have no idea

 

[westbranch]

Might have to sell our house and buy in this up and coming neighborhood.

Coeur d'Alene Atlas Waterfront home sold for $3.1M

The $3.1-million home was among the first to be completed and sold in the Atlas Waterfront development that has seen homes rising tall over the past year.

www-krem-com.cdn.ampproject.org

 

[Deleted member 28227]

Even a ‘total disaster’ in Denver goes for $429,000

Denver metro homebuyers are paying record amounts above asking price. In March, Denver buyers paid an average of 105.8% of the asking price, the highest ever recorded.

kdvr.com