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Ambassador
3,587,835
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Wild wild west out there......and here in Phoenix as well Richie

Jan 18, 2022 08:34 PM
Ambassador
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Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I didn't see that particular article but no doubt 2021 was a wild year in many ways in real estate.

Jan 18, 2022 07:17 PM
Rainmaker
851,242
Brenda Mayette
Miranda Real Estate Group, Inc. - Glenville, NY
Getting results w/ knowledge & know-how!

These records are what's driving seller greed & buyer remorse...  It'll be interesting to see how long it takes to level out a bit. 

Jan 19, 2022 05:20 AM
Rainmaker
5,216,381
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Not until you drew my attention to it. Thanks! Nor surprising 

Jan 19, 2022 03:29 AM
Ambassador
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Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

The article looks like a promo for 🔴fin and you know those stats most likely are incorrect. The market is unable to sustain prices moving upward and bids on build jobs, pushing prices into the upper atmosphere will no longer be the -take it or leave it- trend, thankfully! 

Jan 19, 2022 07:49 AM
Rainmaker
901,524
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I had not. Thank you for sharing. It isn't a surprise.

Jan 19, 2022 04:22 AM
Rainmaker
7,835,407
Roy Kelley
Retired - Gaithersburg, MD

Thanks for the link.

Jan 19, 2022 04:21 AM
Rainmaker
1,052,196
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

We live in interesting times . . . and just like 2005, I nurture and caress my equity and gratitude for landing in the great state of Arizona all those years ago!
Unrestrained growth is unsustainable. We'll see!

Jan 19, 2022 06:29 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Interesting stats. Seems the market is indeed expanding & I guess others need to verify all that we know already. Seems using old stats from June is odd?

Luxury home? That is different all over the place not only at 1M & above.

Jan 19, 2022 06:12 AM
Rainmaker
1,311,397
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I have seen the report. It reflects what we have observed as the market has unfolded in the last year and thru the pandemic period.

Jan 19, 2022 09:17 AM
Ambassador
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Yes, I have seen that article.  Thank you for sharing.

Jan 19, 2022 08:52 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Hadn't seen it, but I've experienced it.  :)

Jan 19, 2022 08:29 AM
Rainmaker
679,404
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I had not seen this until you brought it to our attention.  Wow!  Although I guess it was not a total surprise ... thank you for sharing Gary Frimann, CRS, GRI, SRES 

Jan 19, 2022 12:00 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

No, what are the ten records?

Jan 19, 2022 06:07 AM
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Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

Hmm, not until you shared it, Gary! Thanks for the link.

Jan 19, 2022 09:52 PM