Buying a House is Impossible Now

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  • Опубліковано 23 тра 2022
  • Seriously, good luck.
    #sotrueyall #itsasouthernthing
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КОМЕНТАРІ • 1,1 тис.

  • @angieemm
    @angieemm 2 роки тому +1585

    As someone who is currently looking for a home almost literally anywhere in my home state of Texas, I'm laughing and crying simultaneously.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +19

      Just went through it in central Florida! Best wishes. Our realtor was amazing, southern heritage, LaBelle Florida.

    • @erins9008
      @erins9008 2 роки тому +16

      Me too! It's hilarious but heartbreaking at the same time.

    • @carrieblowe9163
      @carrieblowe9163 2 роки тому +10

      Same but in north carolina

    • @MrReddevil420
      @MrReddevil420 2 роки тому +5

      Don't live in Texas then lmao

    • @joycebowen8958
      @joycebowen8958 2 роки тому +6

      Me too. And at California mansion prices.

  • @brennathompson1855
    @brennathompson1855 2 роки тому +494

    I just want to thank the sweet, elderly couple who sold their home of 30+ years to me (a mortgage AND an inspection contingency) over an all-cash offer with all contingencies waived. We need more people like you in this world.

    • @dsig6124
      @dsig6124 2 роки тому +43

      Similar situation. Recently bought a home in Nashville, wrote a letter about intention to live in it, and use it for family / work... owner was moved and even refused cash offers over asking to meet offer put in. There are good people out there who want their home to be a home and not another "investment property" that will be flipped, and sold in less than 2 months of being bought at a ridiculously higher amount

    • @kimberlyjones8152
      @kimberlyjones8152 2 роки тому +13

      @@dsig6124 same story for us with our home and we wrote a letter too

    • @annodomino3935
      @annodomino3935 2 роки тому +21

      Only way to save American home buying is for families to refuse to sell to big investors for cash and only sell to families. Thank God for good people like these.

    • @ukiahhawkins2786
      @ukiahhawkins2786 2 роки тому +9

      The State of Oregon recently banned the practice of writing "love letters" to the homeowner. The reasoning was "discrimination".
      It's awful.

    • @kimberlyjones8152
      @kimberlyjones8152 Рік тому +2

      @@ukiahhawkins2786 that's freaked up

  • @cisium1184
    @cisium1184 2 роки тому +233

    When does the comedy sketch start? Because all I see is spirit-crushing reality.

    • @ZeeNastee
      @ZeeNastee 2 роки тому +9

      If you aren't able to laugh at misfortune then you haven't had enough of it yet.

    • @highbrass3749
      @highbrass3749 2 роки тому +7

      Most comedy is.

    • @GrandDuchessAniya
      @GrandDuchessAniya 2 роки тому +8

      Laughing to keep from crying.

  • @micheledeetlefs6041
    @micheledeetlefs6041 2 роки тому +808

    My husband and I bought our house for $150,000 in Nashville at a time when that was the median home price in 2010. Nothing much has changed about our neighborhood and we really haven't made any innovations. We replaced the roof after a storm about 8 years ago, and 11 years ago we got a new AC unit. We are constantly getting three to five phone calls a day offering us up to $425,000 for the exact same house. Yeah, the market is wackadoodle.

    • @SethTheXenocide
      @SethTheXenocide 2 роки тому +73

      I am a real estate appraiser in Alabama and literally yesterday I appraised a house of a guy I went to college with. They bought it in 2017 for 170k. Now they've done a ton of work to it, completely renovated the entire house and converted a carport into extra rooms. A decent family neighborhood but nothing fancy.
      I appraised it at 470k. I didn't want to, but I have to because the market says that is its current value on today's market. It's absolutely crazy. At some point everything will crash and prices will become sane again, but I can't tell you when.

    • @shaunofthedead3000
      @shaunofthedead3000 2 роки тому +52

      They told you what they are doing.
      You will own nothing, you will have nothing, and you will be happy.

    • @obelus5985
      @obelus5985 2 роки тому +20

      Our house has gone up $150,000 in a year. This inflation is insane. I'm not looking forward to the taxes.

    • @micheledeetlefs6041
      @micheledeetlefs6041 2 роки тому +30

      @@obelus5985 In a lot of areas like Nashville, it's not inflation driving up the price. About 7 years ago, Nashville became the 'fun City" to come see. And a lot of out-of-state and out of country investors started buying up homes to turn them into short-term rentals, just like the joke made this video. And that's pretty much why all these unsolicited calls I have are for cash offers from out of area buyers.
      And that's why I ignore them. I live in a nice, quiet neighborhood full of kids. The last thing in the world I want to do to my neighbors is have a bunch of drunk ass partiers playing music all night long while the neighborhood children try to sleep because it's a school day tomorrow.

    • @neilis2405
      @neilis2405 2 роки тому +26

      Yeah same - I bought in 2013 for $115k and the identical model as mine across the street just sold for $315k in less than a week.
      Honestly it'd be a great time to sell but if I did I'd basically then be a BUYER in this market which I certainly don't want.

  • @Bella-cb5xe
    @Bella-cb5xe 2 роки тому +280

    We bought our home in ‘04 and we literally cannot get the opportunists to leave us alone. We are within spitting distance of having it paid off. We didn’t sacrifice during the hard times and bust our fannies rebuilding after a natural disaster to let someone else cash in. Now we just want to hang onto it for our child because I worry that home ownership is increasingly out of reach for her generation.

    • @XxxXxx-wq2kk
      @XxxXxx-wq2kk 2 роки тому +45

      Same..
      I bought mine in '09.
      I struggled, and did without to pay off my house..
      I bought cheap, this is the last house I will buy. I know that.. I wanted cheap property taxes.. I didn't want to end up losing my house as an old lady..
      My taxes are double what they were.
      My house is worth more than double what I paid for it..
      I feel like I lost.
      In the meantime I've got agents calling me trying to talk me into selling.
      It doesn't work that way.
      There are no cheap houses to buy to replace mine.. And I can't/won't do another mortgage. (I'm too old fot that sh3t)
      I wish they would believe me when I say I don't want to sell.
      I wish they'd believe me, that I know more about my finances than they do..
      I wish they'd leave me alone..

    • @XxxXxx-wq2kk
      @XxxXxx-wq2kk 2 роки тому +28

      Hang onto your house with both hands..
      For your child, but also for yourself.
      You're right about home ownership.
      So much has to change before we see anything close to normal.. and
      "Normal" never implied "easy".

    • @mrseliephant
      @mrseliephant 2 роки тому +16

      Same. Bought a house, holding onto it, paying it off, and gifting it to our children when we die. Purchase laws should be changed or younger generations won't ever own anything.

    • @galamander_1327
      @galamander_1327 2 роки тому +16

      @@mrseliephant Agree. It should be illegal to own more homes than you or your family can ever possibly live in.

    • @jpkjnn6733
      @jpkjnn6733 2 роки тому +16

      @@galamander_1327 i don't know about that, but there definitely needs to be some sort of effort to clamp down on foreign investment firms (or domestic ones) snapping up properties by the tens of thousands or there will be a permanent second class that will never own property and be beholden to corporate interests the rest of their lives.

  • @elmtree33
    @elmtree33 2 роки тому +437

    As a broker with over 13 years in the industry, this video is a totally accurate representation of today's housing market. I'm so sick of it that I've stepped away until sanity returns. Personally I hate to see people buying without inspections, over asking, and if you're getting a mortgage just forget about it. I have a couple people who are financing that we have been looking and offering more than one year. Every. Stinking. Time..."sorry, we have a cash offer for over asking and no contingencies/inspections." Also, too many rookie agents in the business without ethics who got in just wanting to make a quick buck--can't stand working with them either.

    • @edwardbartoneb
      @edwardbartoneb 2 роки тому +17

      I remember that the home owner was required to provide the termite and home inspection reports. Then there where clauses in the contract that if the septic system, roofing or foundation issues/repairs are required on the house within the first year after the purchase of the home. It was up to the last home seller to pay for the repairs if the issues were not included in the inspection reports.
      Now these money pits are listed as is and way overpriced.

    • @rachelle_banks
      @rachelle_banks 2 роки тому +16

      I understand why that is troubling. I know someone who has dealt in Real Estate for decades who is also taking a break.
      She and I were discussing the effect of how many companies are buying up lots the homes now and renting them out at a ridiculous rate.

    • @causticchameleon7861
      @causticchameleon7861 2 роки тому +4

      I won’t let my buyers skip an inspection BUT some are making stipulations to not ask for repairs. Instead of repairs, I have gotten estimates of safety repairs and asked the seller to either reduce the price by the repair estimate or contribute that amount to the buyers closing costs.

    • @causticchameleon7861
      @causticchameleon7861 2 роки тому +2

      @@omardelmar yeah, those sellers are starting wake up that they are now buyers and in that buyers position.

    • @shadowbreather1624
      @shadowbreather1624 2 роки тому

      It's Chinese companies making these offers... The sanity will not return. They will force high rent prices until they bring in their own citizens to inhabit our neighborhoods. We will be homeless.

  • @saffiegirl4158
    @saffiegirl4158 2 роки тому +476

    Last year we made offers on fifteen houses, all at over fifteen thousand over asking. All were either sold at twenty to fifty over asking or with a cash offer. We wound up getting lucky(if you can call it that) by buying a house from an elderly man who wanted to move in with his kids. We’re still working on issues a year later and I DESPISE the city, but it’s a 3-bedroom brick and is the perfect home if it were anywhere but here.
    On a side note, we bought the home at $250,000. It is now valued at $300,000 and some change. And why did we move? We were renting from a landlord who ended our lease to take advantage of the ridiculous housing market! 😂😂😂

    • @sethralavode9012
      @sethralavode9012 2 роки тому +39

      That’s what’s going on right there. Something is buying up all these properties, forcing people to rent and ridiculous prices because they can no longer afford to buy a house. *Blackrock*

    • @heidifruchtl354
      @heidifruchtl354 2 роки тому +6

      I bought my place 10 years ago. According to zillow, I could sell it for 3-4 times what I bought it for. My parents who live a mile away, and they bought the year I was born, it could go for over a million. Location Location Location

    • @jdinhuntsvilleal4514
      @jdinhuntsvilleal4514 2 роки тому +12

      @@heidifruchtl354 Forget Zillow -- they don't know how to estimate. My home just got an evaluation at $310K, and Zillow shows it at $410K. Just up the street there was a much larger home which sold earlier this year for $400K and Zillow is currently showing it at $610K. 9_9

    • @heidifruchtl354
      @heidifruchtl354 2 роки тому +7

      @@jdinhuntsvilleal4514 yeah, a neighbor of my parents, who unfortunately passed from covid, his house sold for $806k, smaller house, smaller lot. Realtors kept calling my folks offering to list their house. My sister just checked, and they can possibly get 1.4 million. They don't want to sell. Tbh, I'm interested in their house. I'm disabled and I can negotiate the house well. My sister isn't interested. She has a house.

    • @lostbutfreesoul
      @lostbutfreesoul 2 роки тому

      A small home in the bay went for 1.5 million over asking... just, makes me think.

  • @ZeeNastee
    @ZeeNastee 2 роки тому +101

    At this point even buying food is getting difficult.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +6

      & gas Yup

    • @rayjohnson2387
      @rayjohnson2387 2 роки тому +6

      @@rosalindr4975 $75.00 for a tank of gas...a car...not an suv

    • @TheKyPerson
      @TheKyPerson 2 роки тому +5

      Bread and milk are way up in price and I haven't had beef in months.

    • @rayjohnson2387
      @rayjohnson2387 2 роки тому +5

      @@TheKyPerson I haven't had a steak in a year lol

    • @ZeeNastee
      @ZeeNastee 2 роки тому +7

      @@TheKyPerson They say it's only going to get worse. I'm poor, I don't know how I'm going to do this.

  • @coeurdecastor892
    @coeurdecastor892 2 роки тому +44

    I want to go to the Museum of Fried Cupcakes!

  • @aranelangel
    @aranelangel 2 роки тому +88

    My Grandmother passed away in January of 2019, leaving her house to my aunt. She was a very caring woman and whenever someone needed somewhere safe to land, she provided that. She helped so many people get back on their feet, and some of us were still living under her roof when she passed. Covid actually saved our asses from getting kicked out, but my aunt is so money hungry over this market, she's ready to sell the house for the money, thinking she's going to easily buy another, and another after that with the price on this one. Besides being a completely unrealistic scenario, this house's mortgage was paid off decades ago. There's nothing to worry about but the taxes and she's a senior citizen, so that's less than someone of my generation has to pay. And yet, despite this wonderful gift her mother left her, all she can focus on is getting the highest possible asking price. In order to end up in mortgage debt for the rest of her life. Just so some building company can buy the house for the address, tear it down, build something larger in it's place and charge ten families the biannual tax rate in monthly rent.
    Wackadoodle doesn't even begin to cover this market's nonsense.

    • @desyreemalig9329
      @desyreemalig9329 2 роки тому +1

      maybe she's selling it so she can live in a luxury retirement home?

    • @aranelangel
      @aranelangel 2 роки тому +2

      @@desyreemalig9329 She wants to buy another home and a second after that. She doesn't want to do this in a more financially viable state or even in another portion of this one. We live in NYC.

  • @appleonaya2659
    @appleonaya2659 2 роки тому +112

    Graduate degree and have two careers - teacher and health care. I was homeless twice in the last two years. This is so accurate! I'm torn about laughing or crying. Thank you for posting the truth. Love!

    • @andrealmoseley6575
      @andrealmoseley6575 2 роки тому

      Similar here in Idaho (TX transplant). Where are you looking?

    • @AludraEltaninAltair
      @AludraEltaninAltair 2 роки тому +5

      I'm so sorry that's happened. It really is a desperate time. We just arrived at the new place we are supposed to be renting and even though in a way less nice place with no amenities and completely unnaintained it's a third more monthly than our last place. I only moved because I need to be close enough to take care of my mom. It's hard to imagine how we get through all this.

    • @appleonaya2659
      @appleonaya2659 2 роки тому +1

      @@andrealmoseley6575 I was living in North Idaho.

    • @appleonaya2659
      @appleonaya2659 2 роки тому +1

      @@AludraEltaninAltair I'm so sorry. This is so horrible for so many!

  • @ariadnefrolich7243
    @ariadnefrolich7243 2 роки тому +65

    2:37 Omg, I actually own that house! It's currently packed away in the attic of my dad's house lol.

  • @chrbotno1920
    @chrbotno1920 2 роки тому +91

    My partner and I are super excited about the potential for the housing market to crash. That's how us poor people get in to get our first home 😂

    • @desyreemalig9329
      @desyreemalig9329 2 роки тому

      the housing market will never crash due to the super wealthy buying everything

    • @JYYB
      @JYYB 2 роки тому +1

      Amen to that!! Lol 😅

    • @jpkjnn6733
      @jpkjnn6733 2 роки тому +1

      "Crashing" is a relative term.

    • @lynnpayne9519
      @lynnpayne9519 2 роки тому

      Also, wait for the " silver Tsunami ". Baby Boomers will be moving to an underground unit very soon. Many more options will open then. As long as we have some new regulations on ownership, I predict we will have a glut of homes on the market by 2030.

    • @susanhenry6834
      @susanhenry6834 2 роки тому +1

      I it always crashes after big tax breaks for corporations and rich. This time covid slowed the fall. Last time it fell was 1/2 asking price now plus 100,000. So will fall to 2009 0lus 100,000. Market is flooding j9w with homes and lowering the price within 2 weeks of listing.
      Crazy times but soon will be affordable if the rich don't scoop them up as real estate is always safe bet investment.

  • @flamingpieherman9822
    @flamingpieherman9822 2 роки тому +67

    Love how they put in the company in Dubai buying all the mailboxes...instead of saying blackrock...sad this is all so true especially here in Tampa.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +8

      I heard Miami too.. in LaBelle, corporations bought up 3 of our 5 retirement communities. Long standing snow birds were forced out . Terrible shame.

    • @pugsabi
      @pugsabi 2 роки тому

      Black rock is a scourge and should be illegal

    • @elmtree33
      @elmtree33 2 роки тому +16

      It's the great reset, folks. Big money trying to turn everybody into renters rather than land owners...kind of like serfdom.

    • @fkrkf
      @fkrkf 2 роки тому

      My dude, marx predicted this like 200yrs ago. Anyone looking at how capitalism works could see this coming. The new deal slowed the process but this was inevitable. The great reset is just fascists looking for any scapegoats they can to justify their rise to power same as Hitler using the socialists and Jews in Germany

    • @teachingislife9508
      @teachingislife9508 2 роки тому +3

      In Texas they purchased all of the affordable housing less than 100k and sold it for 250k and above...😒

  • @emmittsmith482
    @emmittsmith482 2 роки тому +111

    My wife and I were fortunate enough to close on our house in 2020 literally a week before this madness started. We only paid $1000 over asking so the owners would pay closing costs. I can’t imagine paying 10’s and 100’s of thousands over asking, I can’t imagine being so greedy that you force someone to make such an instantly negative investment. When we do eventually outgrow this house I will gladly sell it to someone who genuinely wants it and I will not force them to pay an arm and a leg for it.

    • @ghostlyrose8946
      @ghostlyrose8946 2 роки тому +8

      When we out grow our house, we are planning on putting on an extension. It will be cheaper and less stressful than selling, buying and moving at this point!

    • @TigerLilly4495
      @TigerLilly4495 2 роки тому

      We started house hunting in March of 2020 and managed to find a foreclosure in a fantastic neighborhood. We had zero competition and were able to get the price down by 10k. We just had our home appraised a few months ago and it's now worth $183k. We bought it for $124k in June of 2020. We couldn't even afford our own house now

    • @hotpocketbagel
      @hotpocketbagel Рік тому

      what even is "outgrowing" a house

  • @JULYXXIV
    @JULYXXIV 2 роки тому +212

    I'm laughing and crying at the same time! I've all but given up on my house hunt. This sketch is PERFECTION!!!

    • @andrealmoseley6575
      @andrealmoseley6575 2 роки тому

      It took us 3 years in Idaho

    • @JULYXXIV
      @JULYXXIV 2 роки тому

      @@andrealmoseley6575 3 years?! Is that in Boise? Coeur d'Alene? Here in Kansas City, no sooner than we get the notification of a new property for sale, it disappears. This is especially the case in the southwest suburbs.

    • @laurao3274
      @laurao3274 2 роки тому +4

      My husband keeps trying to convince me that we need to buy a house. Except we'd be first time home owners, so we'd essentially be throwing our money away in this market. I came of age in the 2008 housing crisis. I'll wait, thanks.

  • @Thehouseoffail
    @Thehouseoffail 2 роки тому +7

    Screams in Floridian.

  • @yelling3874
    @yelling3874 2 роки тому +121

    My parents bought their first house for $150,000 a little over 25 years ago. Today that house is worth $630,000 when I google it. It's impossible for me to move back to my hometown. I get incredibly sad whenever I drive through places that remind me of it.

    • @asaxon6930
      @asaxon6930 2 роки тому +5

      It's heartbreaking

    • @MephistoAngel
      @MephistoAngel 2 роки тому +5

      That’s like us at age 70. We moved away to care for my late parents and we moved back due to being tired of the 4 hour a day commute to and from work. We moved back and the market goes crazy and we can’t afford to buy even if we were dumb enough to want to buy an overpriced slum house. We may have to move thousands of miles away from family in order to own again before we die

    • @cherilauterio2658
      @cherilauterio2658 2 роки тому +5

      I bought my first house 30 years ago (still live in it and it’s paid off) for $65 thousand and it now lists for $475 thousand. Luckily I bought 3 other houses when the market was good or my 3 kids, who all work good jobs, would not be able to afford a place to live without roommates. I feel sorry for people needing to buy a home now.

  • @SuperSenshi
    @SuperSenshi 2 роки тому +219

    I'm going through this currently... it's not just houses; apartments, townhouses, condos, everything is too expensive to live in... Our lease runs out at the end of July and I'm freaking out because we can't even afford a cardboard box on the side of the road at the rate things are going

    • @theoriginalchefboyoboy6025
      @theoriginalchefboyoboy6025 2 роки тому +18

      Cardboard box? You'll be lucky! I'm currently living in a lake, just outside the mill where I work 25 1/2 hours a day. Been eating gravel for breakfast the last year or so to make ends meet...

    • @MattU4970
      @MattU4970 2 роки тому +10

      If you go with the cardboard box theme, I can duct tape (FlexSeal extra) together a bunch of boxes I have at work. How many rooms you want?

    • @SuperSenshi
      @SuperSenshi 2 роки тому +2

      @@theoriginalchefboyoboy6025 Oof... hopefully you're getting enough iron in your diet? XD

    • @SuperSenshi
      @SuperSenshi 2 роки тому +13

      @@MattU4970 Make it two rooms with FlexTape, and you've got a deal. XD
      But yo, real talk, I'm straight up panicking... the people who took over our leasing office will be changing the rent from $875 a month (includes all utilities except internet) to $1550 a month with no utilities included. Oh, but they do advertise lovely perks like "trash valet".... 9_9

    • @AKHWJ3ST
      @AKHWJ3ST 2 роки тому +4

      @@MattU4970 Do you have any two-story?

  • @aaronlopez492
    @aaronlopez492 2 роки тому +174

    This may be comedy to you but living in Los Angeles you are spot-on. A two room house in Westchester first sold for $250k
    in 1986, today it list for $1.44m.
    And it's two and a half miles from Marina del Rey, not the beach.

    • @SusieQ3
      @SusieQ3 2 роки тому +10

      @@Leunenkoenig You can earn that in California, but it doesn't go very far.

    • @jeanbean1390
      @jeanbean1390 2 роки тому +6

      It's not comedy. It is the situation here in Nashville and Middle Tennessee for sure. 😤😡

    • @lawr5764
      @lawr5764 2 роки тому +6

      @@Leunenkoenig MOST of us in the USA don't either.

    • @chunkymunkey9182
      @chunkymunkey9182 2 роки тому +3

      Thats because the cost of living is way higher there than most other states, also people make more there.

    • @annabelgrace1267
      @annabelgrace1267 2 роки тому +2

      That is ridiculous. Are you sure you don't live in Australia? You'd find something that stupidly priced in some cities for something that size. An apartment sold for 1.3 million AUD, almost an hour from the beach.

  • @WayToVibe
    @WayToVibe 2 роки тому +62

    If you don't mind living in a mobile home, there are some affordable living options in South Carolina. It's not "out in the boonies" when it's "a charming wooded lot." You may have to fight a coyote to get to your car.

    • @smramos1979
      @smramos1979 2 роки тому +8

      Until the developers buy them up, tear them down, and put up apartments. It's what's happening in Southern California right now.

    • @WayToVibe
      @WayToVibe 2 роки тому +13

      @@smramos1979 If developers want to move out into the sticks of South Carolina, a state whose main source of population growth is libertarians who've turned the state into a social experiment, and put up apartment complexes, then go for it. I'm gonna pop some corn and sit back to see exactly when they realize what a horrible idea that is.

    • @fkrkf
      @fkrkf 2 роки тому +4

      I spent the last 16 years in nc, just moved back to NV last October and while the trailers themselves are mostly fine (if young enough and have been modified to qualify for a home loan) the well water is basically a death sentence for your kids. The cancer rate for kids drinking well water is truly insane. The state absolutely dgaf about babies dying from leukemia. Pro life my ass!

  • @KTplease
    @KTplease 2 роки тому +48

    I’m heartbroken for the young professionals trying to get into the market. I bought my first home at 23 for $60k on the west side of Nashville circa 2003. Now you can’t get a small house bc they’ve torn them all down to build two on each lot. My ❤️ hurts for you, young folks!

    • @TheGlock30owner
      @TheGlock30owner Рік тому +1

      My grandfather bought a house for $5000 cash in 1962 in East Nashville. My mother lives in it currently and she has people offering her over $500k.

    • @animallovekingdom8103
      @animallovekingdom8103 Рік тому

      @@TheGlock30owner back when 3 salaries would pay your house . big house

  • @Briansgate
    @Briansgate 2 роки тому +57

    This would be utterly ridiculous if the prices weren't getting this bad.

  • @charrydog22
    @charrydog22 2 роки тому +47

    All in all, the real estate agent did have a very good sales pitch for each home

  • @volforlife
    @volforlife 2 роки тому +23

    The fact the you can barely rent a closet in today's economy for under $2000 a month now, this is so true

  • @DoktorTaiko
    @DoktorTaiko 2 роки тому +12

    I just paused looking for a flat to buy when I saw that there was a new video. I feel watched

  • @RogueShadowTCN
    @RogueShadowTCN 2 роки тому +7

    I thought this was comedy... Too real y'all... Bless your heart...

  • @somerflowers
    @somerflowers 2 роки тому +68

    It’s so crazy right now everywhere! Our neighbors sold their house, asking $589,000 and got $800,000! 1500 square feet and 1 bath. Not updated since it was only one owner since 1942. I miss my neighbor so much. I miss the cost of when we bought this house 8 years ago too 😳I feel for everyone who’s trying to find a place to buy 😖

    • @rjules1083
      @rjules1083 2 роки тому +3

      Are you in Florida?! I’m in Orlando and it’s crazy to think that some of the houses in my neighborhood are over half a million! There’s a neighborhood across the street from me, and a house just sold for 1.1 million. I was flabbergasted 😮

    • @free22
      @free22 2 роки тому +6

      That’s the work of private equity firms. The strange thing is the prices of many homes in California aren’t going up nearly as fast as they are in other parts of the country. Look at what they are doing to North Carolina home prices for example. California has had an insufficiently small supply of homes for years and that’s why the prices are so high. But that’s not the case in other states. In other states, these housing price increases are all created artificially by outside investors.

    • @somerflowers
      @somerflowers 2 роки тому +2

      @@rjules1083 no, I’m in Washington state about 45 minutes outside of Seattle. It’s just crazy everywhere!

    • @PurpleRose8725
      @PurpleRose8725 2 роки тому

      @@free22 that has to do with the California exodus. People are leaving.

    • @free22
      @free22 2 роки тому

      @@PurpleRose8725 That is an exaggeration. In 2021, the population in California went down 0.3%. However, California is enormous compared to most Southern states, so to you, it might seem like a bunch of Californians are taking over your neighborhoods. Most Californians are leaving expensive cities like San Francisco and LA and moving to less expensive areas in California.
      Real estate still isn’t rising as fast in California because they are not the targets of private equity firms. California is not attractive from a real estate investing perspective. North Carolina, however, is a real estate investor’s dream and they know what they are doing.

  • @FleshGolem420
    @FleshGolem420 2 роки тому +19

    If they can scrape up a half million we're only using about half of our Harry Potter closet.

  • @3arthIsGhetto
    @3arthIsGhetto 2 роки тому +48

    Thanks It's A Southern Thing for continued awesome content! I love how y'all do swaps from skits to taste challenges to (insert random theme here). Keeps it fresh and fun!

  • @suzannehartmann946
    @suzannehartmann946 2 роки тому +9

    Museum of fried cupcakes. I love how they just threw that out there and casually moved on lol.

  • @pennybrooks6079
    @pennybrooks6079 2 роки тому +51

    The housing market is insane. It used to be you made an offer and they accepted or declined or negotiated but now houses are being bid on like they are listed eBay.

    • @rmo9808
      @rmo9808 2 роки тому +10

      Foreign investors using the US housing market as a bank

    • @butterflyslinky
      @butterflyslinky 2 роки тому +7

      @@rmo9808 Or domestic property management companies buying them up to rent out for outrageous prices or use as AirBNBs.

    • @rmo9808
      @rmo9808 2 роки тому +8

      @@butterflyslinky there should be a local unoccupied domicile tax. If these things are going to be in a state they should be paying state taxes.

  • @JasonMoir
    @JasonMoir 2 роки тому +12

    "Natural fluorescent light" 🤣

  • @williamhutcheson6511
    @williamhutcheson6511 2 роки тому +49

    My daughter and her husband bought a house two years ago in Columbia S.C. I can't help but think they slipped by and mercifully avoided a load of aggravations.

    • @dedhampster4730
      @dedhampster4730 2 роки тому

      We bought our home in Cola SC in 2012 for 137k and the house next store just sold for 219k. It was going to sell for 250k+, but I went over to beg my neighbors to consider my friend who was a real person with kids instead of an investor. My friend, who got the house out of pity/goodwill but still overpaid, still had to waive any inspections, closing costs, etc. The house was a mess when he moved in. We spent the first weekend shampooing the carpet and making basic repairs that would have been expected of the seller a few years ago. Now people will take a house with dog poop on the front mat as a for sale sign/open house and be happy for it.

    • @unbreakable4650
      @unbreakable4650 2 роки тому

      @@dedhampster4730 this is crazy ‼️congrats on your friend landing a house however that was overkill and just taking advantage SMH 💔

    • @dedhampster4730
      @dedhampster4730 2 роки тому +1

      @@unbreakable4650 Unfortunately, that is the way real estate has been. The home builders don’t want to take on a new subdivision unless it is over a certain percentage profit margin and price per unit. Apartments are needed (and actually better for population density and transient populations) but only private investors build those and they too want only luxury units for price/profit margin per unit. I am pretty sure in 5ish years when the economy stabilizes everyone who flocked from “expensive areas” like the north east will go back and the southeastern states will have a glut of empty luxury type homes available for a good price relative to the lasting inflation. I was joking that we should watch the housing market in places like DC, PN, NY, etc to see when they start to bottom out. Sell our homes at the top dollar right before the mass migration back and then buy 2 houses for the price of one, a main large house and smaller house for rental or aging parents close by.

  • @LEE-kq9tq
    @LEE-kq9tq 2 роки тому +33

    This was.... funny but dark and depressing too.
    So glad we have our home. We WERE thinking about trying to find something out in the country but pfft, not right now we're not.

  • @brittanys.7191
    @brittanys.7191 2 роки тому +42

    Bought our home in 2019 (three offers within 48hrs) and now it’s worth $100,000+ what we paid. I’m so thankful we did this before the market became terribly vicious.

    • @Nathan-en9dn
      @Nathan-en9dn 2 роки тому +1

      Good for you, but that will crash soon with the recession. Good news is that it won't go under what you paid for it unless a ton of people bought houses they couldn't afford.... How likely is that, right?

    • @nwatson2773
      @nwatson2773 Рік тому

      The property taxes

  • @MrsAlmaTrumble
    @MrsAlmaTrumble 2 роки тому +19

    Fried cupcakes?! That sounds amazing.

  • @WhiteRaven696
    @WhiteRaven696 2 роки тому +112

    As a 28 year old currently finalizing the process of buying my first house, I have NEVER had to jump through so many darn hoops.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +8

      Don’t give up ! Haven’t seen it this bad before & I’m 57. We are finally moving this weekend, after 8 months looking & getting outbid numerous times. Our realtor was amazing and helped us so much. God bless you and your new adventures

    • @springerworks002
      @springerworks002 2 роки тому +10

      Why would you?
      Your just empowering this nonsense.
      I have over 100k for a house, but I'm not jumping till the market drops.
      I set up a camer van till then.

    • @crazycatguy5715
      @crazycatguy5715 2 роки тому +3

      @@springerworks002 It is a lot of work and a lot of hoops but it is worth it in the end. Don't be intimidated though, chin up and don't get discouraged. We ended up finding our house ourselves; still used our realtor for the purchase but we had to do the legwork. We got sick of being constantly outbid.

    • @sethralavode9012
      @sethralavode9012 2 роки тому +21

      Paying $50k over value isn’t something people should be doing. Does nobody remember the housing crash of ‘08?

    • @reynoldscs
      @reynoldscs 2 роки тому +6

      @@sethralavode9012 No kidding, this won't last forever. I don't think it will take more then a year.

  • @joshmckinney3254
    @joshmckinney3254 2 роки тому +24

    My wife and I just bought our first house 2 months ago. In 3 weeks, we went to 49 showings and put in 18 different offers all 15-35k over asking price. One house had 22 offers the same day it listed, and another sold for $250k OVER ASKING PRICE. That's like buying 1 house for the price of two, y'all! It almost hurts how true this video was.

    • @animallovekingdom8103
      @animallovekingdom8103 Рік тому +1

      remember the 80s where 3 times your annual salary could pay off your mortgage

  • @kevins4213
    @kevins4213 2 роки тому +8

    Those office cubicles hit close to home

  • @shaunofthedead3000
    @shaunofthedead3000 2 роки тому +46

    This is what happens when you allow foreign countries to buy houses and land using shell corporations and conglomerations.
    And before you say China...think smaller. All you have to do is follow the money.

    • @fabricdragon
      @fabricdragon 2 роки тому +6

      not just countries. lots and LOTS of home grown speculators and large USA corps that buy up property and rent it out

    • @hijodelaisla275
      @hijodelaisla275 Рік тому

      "conglomerations"

  • @3arthIsGhetto
    @3arthIsGhetto 2 роки тому +20

    As ridiculous as some of the options may seem, they really aren't too far off the mark😭💀

  • @NikkiSchumacherOfficial
    @NikkiSchumacherOfficial 2 роки тому +9

    Don't worry y'all. It will correct. Just ride it out. It's already starting to correct.

  • @brianaverly6391
    @brianaverly6391 2 роки тому +15

    I haven't fully watched this yet but the title is true

  • @erins9008
    @erins9008 2 роки тому +42

    This is so funny, but sadly true. I can't believe the prices on the (terrible) houses out there, especially in the Fort Worth Texas area.

    • @thelanetrain6888
      @thelanetrain6888 2 роки тому +4

      Yes! We live in FW and houses in our neighborhood are listed for $400+ …we are in Wedgwood 😆 love our neighborhood, but I can’t imagine paying that now. Thankfully bought our house 5 years ago when it wasn’t so crazy

    • @andrealmoseley6575
      @andrealmoseley6575 2 роки тому +1

      @@thelanetrain6888 we lived in Wedgwood for 17 years. Graduated seminary, moved where we thought we had a job. Got there and proces increased 30% first year. Took 3 years to get a house. Ran through savings. Tried to come back and things had doubled.

    • @katiebwheeler
      @katiebwheeler 2 роки тому +2

      I just bought a cute house in central Texas (not Austin) for 110k 3bd 2 ba over 1/4 acre and 12x14’ semi detached laundry/bonus room……

  • @barmanvarn
    @barmanvarn 2 роки тому +24

    I don't know when it'll happen but I think the market is going to eventually correct itself and a ton of people are going to find themselves upside down on their mortgage.

    • @willp.8120
      @willp.8120 2 роки тому +5

      This can't last. People can't afford to buy. I guess they don't mind the idea of struggling. When prices correct, you are going to see some upset people who intentionally bankrupt, which will further lower prices. To buy right now is unwise, as I think waiting out this high price period ( don't see how it can last more than two years) is best if you can do it.

    • @fkrkf
      @fkrkf 2 роки тому +3

      Not if Blackstone owns all the homes. They're too big to fail....🙄

    • @eurekahope5310
      @eurekahope5310 2 роки тому

      In my area prices are already falling. While late summer cooling is common, the price cuts are deeper than typical. The market is unsustainable as a modest family home will require an annual income of $150,000.

    • @eurekahope5310
      @eurekahope5310 2 роки тому +1

      @@fkrkf I hope enough of us have wised up to Blackstone to pester our lawmakers to let the corrupt corporations pay for their greed.

    • @standupbroad6648
      @standupbroad6648 Рік тому

      @Brian Varnell - Hang in there buddy. I remember the crash in 2008, knew people who LOST their homes because instead of paying cash (which they could have done), they took out a mortgage and played the stock market. Oops, both markets crashed and some of them found themselves back in a tiny apartment at age 75. Talk to your CPA for verification re: making a double payment every month (on a 30 year fixed rate) pays it off in about 6 years. Been there, did that, SO glad.

  • @sirrliv
    @sirrliv 2 роки тому +58

    Oh gods, painfully true. And what's worse, since the Great Recession of 2008, nobody's interested in building new single-family houses anymore; it's all apartment complexes nowadays. Up and down I-35 from San Antonio to Austin it used to be new housing developments left right and center; some of the old house factories have even been turned into churches. But since the market started "recovering" (in BIG airquotes), all developers are interested in building are rental properties. And guess what: All those new apartments are STILL too expensive for low-income families, which is pretty much all we have around here (unless you moved from California, in which case git yer boujy butt back where you came from, Texas is FULL). Only house houses left were either built 100 years ago or are so dumpy and in such bad locations that they've sat in the realtor's office for years because nobody wanted them. But when you're desperate and just lost your childhood home of 28 years to ridiculously inflating property taxes, it's amazing what a lick of paint can do.
    Oh, and that's not even counting the city or state building any more water supplies or power plants to juice up all this runaway growth. And good luck installing rainwater tanks in a state where it don't rain, or finding a solar company that's not a known scam or won't burn down your garage like the house across the street!

    • @Ricky19821
      @Ricky19821 2 роки тому +5

      That’s why I’m trying to get out of San Antonio, ASAP.

    • @_kyt_
      @_kyt_ 2 роки тому +11

      In defense of people moving out of state, its bc the market is insane everywhere right now and looking elsewhere is the only feasible option. I'm at the point I'm considering buying a shed and insulating that. I just want to stop renting. Mortgage prices are lower here but there's nothing available that isn't a 55+ community or being immediately bought for more cash than I've ever owned!

    • @Red-ej6he
      @Red-ej6he 2 роки тому +6

      Wish the boujy Cali people would stay in boujy Cali instead of moving to the south and trying to make boujy Cali. I now want to move out of my home county and find the smallest unincorporated city I can to get away.

    • @jenniferbryant2700
      @jenniferbryant2700 2 роки тому +5

      Yes. Texas is FULL.... You all can't take the humidity anyway.... Stay in Cali and fix the mess.... Don't bring the mess here.

    • @Ricky19821
      @Ricky19821 2 роки тому

      @@jenniferbryant2700 that’s exactly what’s happening…. Time for this Jersey boy to find another town around San Antonio

  • @jonkeau5155
    @jonkeau5155 2 роки тому +9

    When the likes are higher than 10% of the view count you know it hits a nail on the head…

  • @masonpyle5929
    @masonpyle5929 2 роки тому +12

    Museum of fried cupcakes.😂😂😂

  • @cylversprings
    @cylversprings 2 роки тому +8

    If it's around the Birmingham area, its because my brother is buying them to flip.

  • @Bigfoottehchipmunk
    @Bigfoottehchipmunk 2 роки тому +15

    Sad and funny at the same time. I will NOT sublet to plastic dinosaurs again though. They hurt when you step on them in the dark. I am more and more content with my very old house in need of repairs. I know some people who have purchased homes in the past year, and it's not even exciting anymore. A fallen through short sale became an opportunity, but they still paid well over the value.

  • @freyaegrey
    @freyaegrey 2 роки тому +16

    That tent would literally cost a couple million in New York or LA.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +1

      Or Boston

    • @smramos1979
      @smramos1979 2 роки тому

      Or Virginia. That's actually the worst place to buy a home right now.

  • @JudyGurl
    @JudyGurl 2 роки тому +8

    "the museum of fried cupcakes' - I DIED X )

  • @adrivoid5376
    @adrivoid5376 2 роки тому +8

    Im in my early 20s, and I am staring at this market and hoping something changes by the time I look at home ownership. This market is inhumane

  • @cmiddleton8575
    @cmiddleton8575 2 роки тому +14

    I just want to say that as always I love your channel and all the hilarious videos and cast. You are a truly a diverse group of southerners that represent the Real charm of the south! And in this one I found another aspect to love. You show an interracial couple and I'm loving it!! The south is great not because of our past shortcomings and difference, but in spite of them!!!🌹😁🤗 We ALL share in the history of our beloved south both good parts and bad. Black, white, yellow, brown, Jew and Gentile, male, female, straight, gay or bi, I'm a proud southerner who just happens to be black!!!!🌹😁🤗 Question how do you get to become cast member, I'd love to become one myself!!😄

  • @alanithomas9380
    @alanithomas9380 2 роки тому +18

    This is so accurate that it makes me very angry with our government. Like what are your citizens supposed to do, live in their cars? If they even have that. They talk about tent cities getting bad, but yet they are singal handedly createing their own homeless nation, because people can not even hardly afford to breath air basically. This is so sad, it truly is.

  • @elizabethw.6154
    @elizabethw.6154 2 роки тому +8

    Yeah even Ohio it's like that. I've looked the state capitol all the way down to the super small rural towns hours away, and it's all the same. Houses with dozens of offers, and sky High prices.

  • @loving_lioness3518
    @loving_lioness3518 2 роки тому +9

    I live in Florida this is so true on so many levels! What's ridiculous is the people that are actually paying so much more than what these homes are worth are causing the problems. If no one was paying that amount the market wouldn't be as high. It's absolutely ridiculous, I refuse to pay $350,000 for a home that was valued 2 years ago at 140.

    • @eurekahope5310
      @eurekahope5310 2 роки тому +3

      Bingo! People get swept up in buying frenzies. We emotionally followed the crowd when we bought our first home just before the housing crash. Our home was underwater for more than five years. It was so discouraging. We will be in the market again soon and will be much more patient. We see signs of falling prices and will wait patiently until the market settles a bit. We watch without setting our hopes on a particular home. We just want to be knowledgeable and prepared. We were fools in our twenties believing the hype of an eternally increasing market. With a bit more wisdom, we hope to make this next purchase an investment rather than a heartache.

    • @loving_lioness3518
      @loving_lioness3518 2 роки тому +1

      @@eurekahope5310 word!

  • @HG-gj9lh
    @HG-gj9lh 2 роки тому +14

    I know what you mean on this one. My husband and I bought a house in January of 2020 for $165,000. Asking price was $195,000. We were able to negotiate because it had been on the market for over a year (very rural area) and the owners had already moved out. They bought it in 2014 for $96,000. We have been in it for 2.5 years and are getting calls from a real estate agency that buys houses to resell asking if we want to sell for almost $60,000 more than what we bought it for. It’s crazy.

  • @rythania7686
    @rythania7686 2 роки тому +20

    yes. it's brutal. no chance for any locals with loans when people from out of state bring cash.

    • @fkrkf
      @fkrkf 2 роки тому

      Its companies like blackrock that are mostly behind this debacle, don't blame the people in the same boat as you.

  • @ashleyl2344
    @ashleyl2344 2 роки тому +56

    It's ridiculous that there's no one to work yet the housing market went through the roof. No pun intended. Did all the houses get bought up for use as air bnbs? What would have cost us 300k a few years ago are now half a million dollars. I don't get it!

    • @chrisstyles5955
      @chrisstyles5955 2 роки тому +36

      Homes are being bought in bulk by deep pocketed people with the intention of renting them out at insanely high prices, until we are all completely broke.

    • @3arthIsGhetto
      @3arthIsGhetto 2 роки тому +5

      Unemployment is down since 2021 lol

    • @highbrass3749
      @highbrass3749 2 роки тому +15

      @@chrisstyles5955 you’ll own nothing and be unhappy.

    • @robylove9190
      @robylove9190 2 роки тому +16

      It's not that no one wants to work. They just can't live on minimum wage.

    • @rosalindr4975
      @rosalindr4975 2 роки тому +14

      In central Florida, LaBelle, corporations bought up the retirement communities and our elderly have no place try can afford now. So thankful my elderly mom is in a resident owned park.

  • @nataliaromanova9556
    @nataliaromanova9556 2 роки тому +10

    Like so many others i can laugh and cry at this. I moved to a different state and sold my house. Unfortunately I sold it before things went really nuts, so I didn't make the kind of money so many have. I spent months looking for a house where I am now. I considered staying in a rental, but frankly with the way they kept raising the rent on it, it just wasn't feasible. Luckily I was in a position to buy unlike so many other people. I put in so many offers. Cash is king tho so I was out gunned every time. I ended up with a house owned by an elderly couple who wanted it to go to "someone nice". I paid a little more than I'd have liked, but it's a solid house and houses in the neighborhood have already gone up another 20K in the 2 months I've been here. It's insane out here. Freaking BONKERS. And, sadly, no state is safe right now.

  • @catherinelomas318
    @catherinelomas318 2 роки тому +4

    Not just a southern thing.

  • @KeilaBevins
    @KeilaBevins 2 роки тому +9

    2:00 I betcha it’s soundproof too, with a cushion that has styrofoam peanuts in it.

  • @SamBrickell
    @SamBrickell 2 роки тому +10

    "The Museum of Fried Cupcakes" :D

  • @MephistoAngel
    @MephistoAngel 2 роки тому +19

    This is sadly true. Here in Texas houses in the hood are priced at $200,000! If you want a decent house where you won’t get shot in your front yard you’re looking at $380,000-$400,000! Lots of those are serious fixer uppers. Like icky fixer uppers. We moved back home at the age of 70 and may never own a home again due to the greed that ratchets up the costs. It’s scary

    • @andrealmoseley6575
      @andrealmoseley6575 2 роки тому +1

      Where

    • @arieldanielle23
      @arieldanielle23 2 роки тому +3

      My boyfriend saw a really terrible little house here in Houston and jokingly wondered how much it cost.
      Built in 1950 (and it shows), about 1200 Sq ft (nice yard though)... $350k. Even the listing suggests demolishing it and rebuilding on the plot.

    • @cayannap6752
      @cayannap6752 2 роки тому +1

      Atlanta is worse than that

    • @MephistoAngel
      @MephistoAngel 2 роки тому

      @@andrealmoseley6575 Texas. Pretty much the whole state but I live in dfw area

    • @MephistoAngel
      @MephistoAngel 2 роки тому

      @@cayannap6752that’s where my brother in law lives but I didn’t know it was crazy as well real estate wise. 🥺

  • @ericagriswold1709
    @ericagriswold1709 2 роки тому +4

    Live in Florida. It’s awful now. No one learned from 2008

  • @Luvnlife880
    @Luvnlife880 2 роки тому +8

    I'm in Alabama and trying to finish paying for mine and my mother's house we've been here 11 years and we have 4 years to go and it'll be ours but it seems like these last 4 years are becoming the hardest to get through.

  • @lizard6444
    @lizard6444 2 роки тому +11

    SO true!!! Just went through this nightmare 😣

  • @mlplife
    @mlplife 2 роки тому +6

    We bought our "in need of a reno" 70s home in 2020 for 240k (TN)... zillow list of at 413k today. This stuff is nuts. I love this video

  • @nailslacquer
    @nailslacquer 2 роки тому +12

    My mom put in several offers for homes in 2018 and she was outbid by 15Gs over asking by a large corporation who bought them all sight unseen.

    • @imahick5723
      @imahick5723 2 роки тому

      I bet it was an Asian-based foreign corporation. 10 years ago I lived outside of Washington DC and watch the Chinese government gobbling up all kinds of homes allegedly for their"embassy employees". I understand Saudi Arabia and other wealthy foreign countries have done the same thing. Then we have the pressure of illegals and refugees needing housing.

    • @standupbroad6648
      @standupbroad6648 Рік тому

      That company whose name rhymes with "Willow" does that. They zoomed into our small rural town and bought 32 homes (all less than $100k) then "sold" 4 of them (to their own shell employees) for $175k, thereby jacking the so-called values for appraisal purposes. Now you can't buy anything for less than $225k. Rotten bast*rds.

  • @selectivemisanthrope1617
    @selectivemisanthrope1617 2 роки тому +7

    We are having to move for my work…finding a house in a different state while selling ours - yeah, the selling was the easy part. We missed out on four houses, and turned down one because of inspection issues that would’ve cost almost as much as the house to fix (and that money pit sold 3 days later for cash 20k over what we were going to buy it for with no inspections or contingencies…someone just mortgaged their future and I feel bad for them). Finally able to buy a house from an extended family member who knew we were in need. Otherwise we’d be looking into rentals…or living in a camper down by the river….

    • @OriginalMeanGirl
      @OriginalMeanGirl 2 роки тому +1

      Bless your heart! I'm glad you were able to find something! We relocated to AL after a hurricane destroyed our home. This was 3 yrs ago and there was nothing! Plain and simple, we were just blessed (also extremely grateful) to have a wealthy grandparent who bought us a mobile home to put on family land. It was supposed to be temporary. My husband and I are both college educated, work over 40 hrs every week and save everything we can. I don't need a grand house on a hill, but even all the "fixer uppers" are not only overpriced, but being bought up by corporations. My father is a broker and feels like The bubble will pop by the beginning of next year. I hope so! I'm not ungrateful at ALL, as I know how fortunate we are to have had help, but I don't want to live in a paper walled box forever! 🤦

    • @selectivemisanthrope1617
      @selectivemisanthrope1617 2 роки тому +1

      @@OriginalMeanGirl I feel you. I grew up in a single wide 1970s trailer with aluminum wiring. You do what you have to. I am nothing at all like needing a “house on a hill” either…I’ve always said that I’d smoke a turd in hell before I went back to that. But these days…? I’d have seriously considered it…would’ve beat living in a camper. And I’d have been grateful for a roof. I hope the bubble does pop soon, even if I lose equity…but I have my doubts…the last one popped because of predatory lending to folks who couldn’t afford it in the first place and defaulted…this one is simply supply and demand…it’ll take years to build the 3-4 million homes that are needed. 🤷🏼‍♂️

    • @OriginalMeanGirl
      @OriginalMeanGirl 2 роки тому

      @@selectivemisanthrope1617 I completely understand everything you said! Yes I can imagine a camper would have been rough. Maybe we'll find something. As terrible as it sounds, at least one day I know we'll have a house because my husband and I will inherit three between us, so I won't have to die in the paper box lol and my kids will have a place if things get worse, which I pray they don't. That's just luck though, I feel so badly so those that work so hard and deserve a home and cannot find one. This world is getting scary so we'll just pray for the best. Congratulations on your new home though!!! I hope you have fun making it your own and settling in. ☺️

  • @melissapitts3502
    @melissapitts3502 2 роки тому +9

    this is so true that it's just so sad smh

  • @JohnVance
    @JohnVance 2 роки тому +3

    I'm about to buy some land and construct a lean-to smh

  • @bestyoutubechannelever3206
    @bestyoutubechannelever3206 2 роки тому +34

    My uncle is a contractor in Clarksville, TN. It's a medium sized city outside of Nashville. He's building eight 2300 square foot houses. Listed $380k each. In Nashville they're fetching $500k or more.
    Tennessee has so many expats from California, Illinois, New York and other expensive states these days. They can sell their houses in those states and pay cash for larger houses in larger lots in Tennessee. It's causing prices to skyrocket.
    I'm thirty-seven years old. This state has changed so much it's unrecognizable from when I was a kid. The Memphis, Nashville, Knoxville and Chattanooga areas have developed so much they're different cities now.
    Sevier county, which is our little vacation spot, used to be a few restaurants, hotels and family shows. Then there was Dollywood. It was just a little amusement park. It was all in the valley. Now the whole area is developed up into the mountains. There are multi million dollar cabins in the mountains now. All types of dinner and shows, escape rooms, expensive restaurants and expensive hotels have popped up all over the place. Dollywood is now one of the world's top ten amusement parks according to Trip Advisor. Dolly Parton and the group that co owns Dollywood with her have invested an additional $300 million into the park and other things.
    Don't be disappointed if you come here and half of the people don't have a Southern accent. They're not even from the South.

    • @GrandDuchessAniya
      @GrandDuchessAniya 2 роки тому +2

      So sad. We went through this in Virginia about 30 years ago. We called it the second Yankee invasion! They would buy these McMansions furnish them with either the teeny tiny furniture they brought from up north or nothing at all. And they still would try to cheap out on everything, wear jeans and t-shirts everywhere, and drive junky, smelly cars.

    • @bestyoutubechannelever3206
      @bestyoutubechannelever3206 2 роки тому +1

      @@GrandDuchessAniya Well everyone in Tennessee already wears jeans and t shirts wherever they go. Sometimes the cars are junky of they can't afford them. Most are decent, though.

    • @GrandDuchessAniya
      @GrandDuchessAniya 2 роки тому

      They dress like that for church, the theater, the opera, upscale restaurants, etc? And besides, I was referring to Virginia 30 years ago, not present day TN.

    • @Lz-cy5gx
      @Lz-cy5gx 2 роки тому

      We were there 2 weeks ago, very dissapointed in the whole area. We have no desire to ever come back.

    • @bestyoutubechannelever3206
      @bestyoutubechannelever3206 2 роки тому

      @@Lz-cy5gx Nashville, Clarksville, Sevier county or Dollywood? If it was Clarksville it's actually a very nice city once you settle in. It was ranked best city in America by Money magazine in 2019. I doubt it's changed that much since then.
      Nashville has good and bad spots. It would probably be better to settle in the county area if your in the Nashville area rather than the city.
      If you're talking about Sevier County or Dollywood, I apologize. Most people report having a good time there. Maybe you need to find out where the better events are. Try some of the other dinner and shows. The Tennessee Tornado, Thunderhead, Lightning Rod and Wings of Eagles are very good rides in Dollywood. Splash Country in Dollywood is actually a nice water park. Did you go there?

  • @canelami1285
    @canelami1285 2 роки тому +5

    So true, I would like to know who is buying around here

  • @cgamiga
    @cgamiga 2 роки тому +3

    sadly so true... but be glad you're in the south... in CA, regular homes are $2-4million plus. NOT fancy mansions. Normal 3-4BR, suburbs. Insanity. and don't forget, 1% property tax, so... $20-40k more gone EVERY year... that's $1.5-3k/mo. As much as a mortgage.

  • @notthefbi7932
    @notthefbi7932 2 роки тому +3

    Museum of fried cupcakes 😂😂😂😂

  • @billybenson3834
    @billybenson3834 2 роки тому +20

    We moved to Memphis 5 years ago. At that time they had 3 decades of zero growth, the market was very stagnant and prices remained low. Fast forward 5 years and prices are quickly rising. We had our home built in a subdivision of 334 lots, less than 150 had been built in 9 years. Subdivision is finished now and our 1500sf home has doubled in value and homes are sold in a week, covid has made living in red states quite attractive. The market is crazy, even for dumpster homes in the worse areas.

  • @Jessica_Bennett
    @Jessica_Bennett 2 роки тому +10

    I'm laughing and crying. We're being priced out of middle TN with this competitive market 😭

  • @skydiverclassc2031
    @skydiverclassc2031 2 роки тому +25

    I might be interested in that tent. Does it have a Goretex roof?

    • @cisium1184
      @cisium1184 2 роки тому +1

      I basically lived in a tent six days a week for six months. I can see how I could do it for the rest of my life if I had to. It wouldn't be fun, it wouldn't be very safe, and it wouldn't always smell good - but it's doable. The two most important factors are personal security and access to a shower. Everything else you can fudge.

    • @andrealmoseley6575
      @andrealmoseley6575 2 роки тому

      It's tempting

    • @fkrkf
      @fkrkf 2 роки тому

      The home for most people in 2040

  • @shannonbrice8012
    @shannonbrice8012 2 роки тому +5

    I live in one of the worst crime, drug, and highest taxed city in Canada (we were featured in a magazine on how bad the city is) and 15 years ago a house was going for 50,000 dollars now the same house is going for 500,000 dollars. It is in one of the worst areas in the city with gangs, violence, graffiti, ladies of the evening walking up and down the street and a drug house next door. I honestly would not buy a home in my city and I am pushing my children to get out. The housing market is insane.

    • @animallovekingdom8103
      @animallovekingdom8103 Рік тому

      buy land build a house if you are skilled enough

    • @shannonbrice8012
      @shannonbrice8012 Рік тому

      @@animallovekingdom8103 land is very expensive and so is lumber right now. Way way up north they are giving plots of land for a dollar. The caveat is a house has to built within one year (can't have a mobile home) everything must be built within one year. Which sounds reasonable but you can only get to the location by flying and the ground is frozen for 9 months straight. There is no way water, sewer, electrical and gas lines can be layed and a house built without occurring a massive expense as everything and everybody would have to be flown in to try and get that done in the three to four month window . Then we are not even talkibg about employment. The logistics of getting food and going to appt if have to fly to your home becaise it is not accesible by car.

  • @florindalucero3236
    @florindalucero3236 2 роки тому +6

    DUDE, I'm up in Seattle and, while this is a comedy skit, it hits close to home (bah dum dum). When I was looking for a house, I was shown rotting house corpses, too rancid for even meth heads, that were going for $300K. Condos on busy downtown street corners go for $600K, TO START. Crappy 1980's split levels go for over $1M. And why? Because of the 5% of the population in tech. We have so many luxury apartment high rises that are sitting empty, and more and more are constantly being built, while we have possibly the highest unhoused crisis in the entire US. wtaf. By the time I actually found a house, I had been looking for a year, and yes we would find out about a listing, race over, and it had already been sold for $50 over asking, in cash. Realtors were given actual blank checks, whatever it took. wtaf.

    • @paulvanier429
      @paulvanier429 2 роки тому +1

      We bought a house in Shoreline WA, in 2012 for 243K, the value now is 800K

  • @crazysnake1096
    @crazysnake1096 2 роки тому +7

    $350k. That is soooo cute. They may be able to afford a single wide.

  • @larrysouthern5098
    @larrysouthern5098 2 роки тому +7

    Has anybody seen those "Pod" apartments they are pushing in big cities??? They are about the size of a minivan ( cost $80k to $150k)..... Superman would be so proud!!!😳

    • @hotandsoursoup2664
      @hotandsoursoup2664 2 роки тому +7

      It's called stack em & pack em. The big push to urbanize everything into a central location. Has been going on in China & Cali. "You will own nothing & be happy"

  • @prolly2stoned420
    @prolly2stoned420 2 роки тому +9

    Forreal. Took me my wife and mom to get a house. We tried for 3 years before we could find one that the FHA loan would allow and also not be out bid.

  • @thegiant573
    @thegiant573 2 роки тому +11

    Last House I put a bid in on had 22 other offers, NO lie.

  • @chelsealong5191
    @chelsealong5191 2 роки тому +7

    I feel this so much! Even finding a rental is a headache.

    • @shannapackard1088
      @shannapackard1088 2 роки тому +1

      I know that feeling way to well. We live in the PNW, and man alive, its expensive up here. Then when I look at moving back home, its even worse. This is starting to get out of control.

  • @Johnsonz4a
    @Johnsonz4a 2 роки тому +3

    Even prices on mobile homes are outrageous. Double or triple compared to a couple years ago.

  • @ginakeith5520
    @ginakeith5520 2 роки тому +4

    Sounds about right. It's no longer a laughing matter; it's a reality

  • @thomascollins4325
    @thomascollins4325 2 роки тому

    Very funny!!! The tent on the lawn was really the best deal. At least they could fit in it!

  • @SaturnStatic
    @SaturnStatic 2 роки тому +5

    My mom is already planning for me not being able to move out until I'm in my 20s with the way things are going..she's nottt wrong

  • @ifitsfreeitsforme1852
    @ifitsfreeitsforme1852 2 роки тому +5

    I think I'm gonna cash in while the gettins good and move to another country where there is a decent exchange rate and prices are more reasonable. Southern Brazil is looking good.

  • @janeenschultz8502
    @janeenschultz8502 2 роки тому +9

    My parents live in central Wisconsin. Their house was built in 1902. 4-bed, 2.5 bath. They bought it in 1993 for just over $90K.

    • @ghostlyrose8946
      @ghostlyrose8946 2 роки тому +8

      My hubby and I live in KS. Our house was built in 1875, 4 bedroom, 2 bath, 1.75 acres. We bought it in 2018 for $91k. And it's in really good shape for it's age. I'm so glad we bought it when we did!

    • @janeenschultz8502
      @janeenschultz8502 2 роки тому +1

      @@ghostlyrose8946 My husband and I really want a house with some acreage. We've got two young boys and they've got the energy of husky puppies! lol

  • @mojoschmee9320
    @mojoschmee9320 2 роки тому +5

    So, I normally come here for a laugh... this one hit a little too close to home... or lack thereof... So true, ya'll indeed...

  • @anonomous3929
    @anonomous3929 Рік тому

    HA great video.
    Me and my wife lost our house in the 2021 fultondale Tornado.
    Looked at multiple houses while living in a insurance covered rental for 5 months.
    Got super lucky.
    Saw a house we really liked but it was already being bought.
    The day of their closing the mortgage fell through and we put a cash offer on it that day.
    Still got the inspection and even had 10k taken off for repairs to be done.
    The guy was just thankful to have it sold and done with.

  • @Paul_Sleeping
    @Paul_Sleeping 2 роки тому +4

    A neighbor put their house up for sale. Sold under half a day.

  • @burnyizland
    @burnyizland 2 роки тому +13

    Haha hahaha hahaha I can't stop laughing as I try to avoid homelessness and worry if my son has any future on this planet at all hahahahaha....\
    It was a really funny skit though. Just a little TOO true to give me that lighthearted escape comedy usually does.

    • @fkrkf
      @fkrkf 2 роки тому

      I tell my kids that suicide is not the answer but
      ter rori sm is looking more and more like the only solution.

    • @lynnpayne9519
      @lynnpayne9519 2 роки тому

      He will have a chance. By then all the Boomers will be in or under some place named Sunset retirement village and cremation grounds.

  • @dizzysdoings
    @dizzysdoings Рік тому +2

    I should NOT eat anything while watching these. I almost spit all over my phone at the first "house". 🤣

  • @Msfelixthecatz
    @Msfelixthecatz 2 роки тому +1

    I'd like an episode showing Grandmas with their cherished cast iron skillets. A prize can be given to the best seasoned pan. We need the stories about the pans, and how they season them. My pan needs work so I need professional pointers!