https://x.com/ShaziGoalie/status/1948782243666670063
good account to follow.
Reventure.app
great X account to follow for real estate tings.
Buffalo and Cleveland in the top left meaning low inventory putting upward pressure on pricing. Interesting. I suspect most of us would prefer to be in the bottom right markets (Phoenix, Miami etc.) where inventory is high and pushing prices down.
an arbitrage opportunity coming?
Not surprising for Buffalo, they keep opening up new build neighborhoods out here in Clarence and I feel like within a year they’re pretty much full.
I find it interesting it’s mostly the south on the right side, and the north is on the left side of the inventory graph. And a lot of rust belt cities with positive home value growth, maybe they’re finally catching up with the rest of the country.
Either way, in 10 years I’m moving west but staying North to a lake somewhere, so I hope Buffalo stays high and everything else tanks.
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I’m tired of seeing all the new builds in the town of lockport because somehow my taxes never go down AND my home assessments have been skyrocketing every single year.
Most of the time I see a Starpoint Senior lawn sign, it gets replaced with a for sale sign with 1-2 years.
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This new horseshit natural gas ban is going to have interesting implications on new constructuon…..and my livelihood. There’s groups attempting to have it struck down in DC and I pray they’re successful. This has implications reaching far beyond just new home construction. People should be concerned…..not just new home buyers. I STRONGLY suggest you and everyone you know get familiar with this.
In other news…..my ex cousin in laws house just sold recently. Its proof positive that people will seem to pay anything for just about anything. I have been in this house many times. I am befuddled how he got even close to that kind of money.
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Wonder what the flood insurance runs per year on that place?!
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the prices arent going up, the dollar is going down… all dollars. ours and yours.
Thanks to Israel
Just need those sweet condos in south florida to lose their HOA fees
Goooooood luck with that 
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I remember looking at condos in my 20’s and was told the more amenities the worse your outlook for HOAs in the future. Pools crack, leak, add liability. Club houses need roofs, remodels, new gym equipment, etc. They keep them low to start with the initial investment just being amortized over the property sale, but eventually they have to start building up the coffers or you are going to get a one time assessment (I had a friend get his with ~$10k for roads).
Mine is ~$100 annually for watering common spaces and landscaping. Downside, they can tell me where my shed has to be or whether or not I can have a fence. But the location is perfect, good neighbors, and everyone keeps up the houses.
My two real estate ideas if things go south:
-West Michigan (2.5 hours away from me). White sand beaches on Lake Michigan, fun vacation towns. My buddy grabbed a place in 2008. About the only way I would stomach a second tax bill without homestead exemption.
-College town in France. My wife lived there for a year. My thought was condo or something adjacent that I could rent during the school year, have a management company handle and then have use in the summer. Goal would be to breakeven or slight loses but you have a place available for you and family to use in the summer. Foreign tax complexity and kids activities will likely delay this till closer to retirement.
But all that being said I don’t love the idea of owning something that I am forced to use since I am paying for it. If I am spending $10-20k a year in taxes and upkeep that is going to be my vacation spot. For now, I will just VRBO or hotel and explore.
Inshallah brother 
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