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Off-Topic Stock Market & Crypto Discussion

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I’m in favor of index funds or etfs only for the three branches. Yes, that would require Trump to have zero ownership of his own media company.
 
Reverse repo - out of funds
Treasury has $700b left.

Time to end QT and potentially start QE just to keep the government funded.
 
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Tony4Canes said:
Wasn't it $28.4 Trillion or so 4 years ago? That's not double.
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So we split the difference. When Trump left office, it was +/- $27.5 T. Its now somewhere around $37T. So about 40% up, and rapidly rising.
 
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JD08 said:
I'd really like to see mortgage rates drop.
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As someone actively looking to buy I could agree or disagree.. if mortgage rates go up and prices drop I’m cool with it… if they go up and spark a buying I’m scared to see how much prices run again.

price gouging on homes is still high in our area. A lot of homes sitting on the market for 6+ months.

JD think we’re close. I offered on a home last week and the listing realtor told me flat out—- “ I won’t let this house sell for under 800k, only investors will buy this home. If you’re looking for your forever home this needs $200k plus. A flipper can drop $100k and make 200k profit… $100k credit on closing for remodeling and asking $900k for a home worth around 650-700k.
 
Canefan4life said:
As someone actively looking to buy I could agree or disagree.. if mortgage rates go up and prices drop I’m cool with it… if they go up and spark a buying I’m scared to see how much prices run again.

price gouging on homes is still high in our area. A lot of homes sitting on the market for 6+ months.

JD think we’re close. I offered on a home last week and the listing realtor told me flat out—- “ I won’t let this house sell for under 800k, only investors will buy this home. If you’re looking for your forever home this needs $200k plus. A flipper can drop $100k and make 200k profit… $100k credit on closing for remodeling and asking $900k for a home worth around 650-700k.
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We're in the same boat paddling different directions. I see my neighbor's house has an offer at 90% of the original asking price in under 2 months. I'd be happy with that, but over the summer.

One thing I see is the valuations are all over the place like before 2008. The AVM at my credit union has my house at a price I would love to get, but know it will never happen. That just fuels the investors.
 
Real estate is location, location, location, but I have sold two houses in the last 18 months; I listed both well above what the realtor recommended, got multiple cash offers on both within a few days.
 
JD08 said:
We're in the same boat paddling different directions. I see my neighbor's house has an offer at 90% of the original asking price in under 2 months. I'd be happy with that, but over the summer.

One thing I see is the valuations are all over the place like before 2008. The AVM at my credit union has my house at a price I would love to get, but know it will never happen. That just fuels the investors.
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sadly I can guess between 2 homes your talking about off the top of my head lol..

So question, if you list and sell.. do you upgrade and stay in the area or move? Just curious
 
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