There's a rowhome near me that has been on the market for about 2 and a half years. They made some *opinionated* renovation choices and they haven't gone down in price much. They've gone through a few agents too. Anyway, they have an open house pretty much every other weekend. It must be well over 80 open houses by now. Those poor agents... submitted by /u/jnwatson [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wqtffo/most_open_houses_on_a_single_property_youve_seen/

Curious about a home and the assessed value and taxes associated with it. It was seeing normal prop 13 increases prior to a 600k sale in 2018, the following year it shows the reassessed value reflecting the 600k sale but then the following year it drops by almost 50% and then continues with prop 13 small increases. What could have caused the 50% drop in assessment and taxes in 2020? 2026 -- $335,103 +2.0% 2025 $3,562 + 2.2% $328,533 + 2.0% 2024 $3,486 +0.0% $322,092 +2.0% 2023 $3,486 +7.5% $315,777 +2.0% 2022 $3,243 -0.5% $309,586 +2.0% 2021 $3,259 +0.9% $303,516 +1.0% 2020 $3,230 -49.0% $300,406 -49.9% 2019 $6,337 +290.9% $600,000 +296.2% 2018 $1,621 +1.9% $151,429 +2.0% 2017 $1,592 +1.8% $148,461 +2.0% submitted by /u/SubseaSasquatch [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq95rw/what_would_cause_a_nearly_50_reduction_in/

Take into account all the stress and struggles on both sides. Weigh into the equation being a buyer with all the unknowns and first time large purchase with account being drained and also a seller (for the sake of argument making a good profit from living in the house for years) leaving the stress of the old home behind and looking forward to an upgrade. submitted by /u/Ubiparipovich [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq8djn/what_is_more_exciting_being_a_first_time_home/

I'm from Italy where we have no property tax on primary residencies. I'm looking for the same deal here and so far it seems impossible to find. Is this not something Americans are fighting for? How horrible it must be to lose your home from not paying taxes! submitted by /u/Clana4ever [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wq1a57/hello_im_looking_for_a_state_with_no_property_tax/

There is an absolute flood of posts all over this platform and others that seem to basically say "my hypothesis is/was that because rates are high and all kinds of other headwinds, houses must start selling for less" and then go on to bemoan that this hypothesis has been proven wrong month, after month, after month. I would love to save everyone (hopefully) some time, effort and emotional distress by just saying flat out, markets are irrational. They can trade in irrational directions for much longer than you'd think. Even if you're right that higher interest rates "must" depress real estate values at some point, that "some point" can still be very, very far away. There are helpful things to know about real estate when trying to purchase a home. One of them is that, in general, people who buy a home, and either improve it or maintain it properly and hold it for around 7 years usually make a meaningful economic return that beats renting by quite a...

We sold our townhouse in peak times in 2023. Sold from one day of open house. No cameras anywhere. Now in the process of buying again and mostly every house has a ring door bell (that I get), but a lot of listings have cameras in every single room. It makes me feel weird as a potential buyer. And agents are weird about them too, saying not to say anything about the house while inside. Is this the norm now? Is this for security or just the ability to be nosey and gather real time feedback? submitted by /u/GlitterBombBomb [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wpc54o/are_cameras_necessary/

We own a home in Orange County, CA, where the average price of a home is $1.6m. We got our home for $1.2m. I just checked my Monarch (a financial management tool) and our Zestimate dropped from $1.2m to $850K in a month. What is going on? Is there some kind of serious crash that just happened? Or is it some algorithmic error? submitted by /u/Interesting-Proof244 [link] [comments] source https://www.reddit.com/r/RealEstate/comments/1wp8p83/zillow_zestimate_dropped_by_350000_in_one_month/

After years and years and years of trying to save up for a house we keep getting hit financially with expenses, so much so we moved in with my husbands family. 2 girls under 3yro and digging out of debt. I don't even know where else to post this but is there anyway or any resources that help get a house for extremely low costs in this economy. I'm literally crying because it's going to take us at least 10 years to get out of the position we are in. We don't even get approved for a USDA loan because we filed bankruptcy (chap 7.) I'm even on the verge of begging for money on the street so save for a house because the market is so bad. We went from 780 credit scores to 550 because of our chapter 7 bankruptcy trying to afford food. There has to be some type of program. We've contacted churches and we applied to their programs and most were closed. Most you need to be in a homeless shelter to qualify. submitted by /u/goldenpizzaaa [link] ...

Hello, I (25m) have a house in TX, that i am cleaning and getting ready to put on the market at least that is the plan. It was a custom built pier and beam woth extra piers for extra foundation support built in 1959 for $25,000. I also do have the original floor plans. it sits on .5 acre in town. It is 2350 sq ft with a garage, in town on half an acre. I bought it last year in 2025 for $197,000 on an FHA putting 3% down and having a 6.5 interest rate. I never homesteaded and pay $2136 monthly mortgage + escrow currently. It went up from $1845 last year. My electric rate also went up 4 cents from 7 to 11. The previous owners had lots of kids and pets, so the walls were colored and painted on and looked horrible as the kids colored on the walls and some look like they painted on them too. the walls originally some worn out cream painted color. I repainted all the walls behr ultra pure white and they look new. I also replaced all the outlet cover panels to be new. I also brought the ele...