Money & Economics

None were wrong dude. Go look for yourself, no decline...maybe for a season which Housing prices is seasonal but they always go back up....nothing to worry or cry about...all BS...turn off the TV, talk to recent Buyers/Sellers, you will get the truth of the market from them. No Predicting from Pricks stupidity...

English must be a second language for you

The Houston housing market is currently experiencing a decline in home prices, with the average home value dropping to $265,062 as of April 30, 2026. This represents a 2.7% decrease over the past year.
 
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Go back to post #2614 to #2623

Where to try and make me look like I was lying, you quote prices on pork vs beef. :rofl:
Pork? We never buy pork on Holidays...maybe you misread or I somehow included a picture of pork with the beef pricing? I don't compare pork or beef prices, why would I?
 
Mine nor the 2 dozen others I looked at. No decreasing....nothing special about our old house...sky is not falling nor the market....

Did I say the sky was falling?
Nope

Did I say prices are declining ?
Yep

Go listen to your Trump tapes you’ll feel better
 
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Pork? We never buy pork on Holidays...maybe you misread or I somehow included a picture of pork with the beef pricing? I don't compare pork or beef prices, why would I?

No, you quoted beef prices at $4.99 - $5.50 lb in response to my saying they were $14-18 p/pound and got caught
 
English must be a second language for you

The Houston housing market is currently experiencing a decline in home prices, with the average home value dropping to $265,062 as of April 30, 2026. This represents a 2.7% decrease over the past year.
WRONG...what fake news did you get that from? Unplug dude, go to the sources, my granddaughter just bought a house and the price was higher than a year ago.

I think I am talking to a wall here...

You can believe what ever you want...circle back here in a few years and you will see housing prices won't be down, housing will only cost more...

Kinda reminds me of your genocide ranting, which never happened....

Have a Good Day...
 
Did I say the sky was falling?
Nope

Did I say prices are declining ?
Yep

Go listen to your Trump tapes you’ll feel better
I will TDS Dude, hahahahaha....
 
Funny back when we sold our pending was avging, according to two Realtors we were talking to, 90 days. Ours went 78 days, our daughters 120 days same as our next door neighbors. Both of them dropped their asking prices quite a bit to sell their houses, which don't tell my daughter this, they were asking too much. 30 days is a good pending sell period...and guess what, Winter prices Always drop...Summer is the best time to sell houses...

So I can get past this, I will agree with the 2% drop even though I did not see it in the listings/houses I just looked at that I have been following off and on since we bought our house in 2012. Back in 2024 I was looking at listings daily for about a 6 month stretch, making sure we were in the right marketing pricing, our Realtor even commented, probably jokingly, that she should hire me, lol, but I only know my price range, she sells million(s) dollar homes which I know nothing about. It is all algorithms these days, sadly.

Funny story, but our next door neighbor's mother was a Realtor, an old one, haha, she worked for a top Real Estate firm. She came to us with their algorithm which was Stupid low, by about $50k. Being a women she said because we did not have granite counter tops our house would have a hard time selling. WHAT? Hahaha. We ended up selling $35k above what she was suggesting to list our house for, which you always sell less than listing so it was more like $45k, today's Inspectors are a joke, listing every scratch they find which has nothing to do with it's value but Buyers jump on this to try and get lower prices, which most do. Sellers are backed into a corner, Buyers have all the power these days...so glad we went with our daughter's Realtor...

Speaking of, she told me I was right in my pricing, she let me set the listing price, she did the marketing, I mean major marketing, we were getting emails/text daily from all the places, about a dozen, that she had our house listing. We avged 2-3 Showings a week, which she said was what she liked to see, also our advantage was Weekend Open Houses, our house was empty and actually an Open House is how we sold ours. Back then, California was a good place to market. Still blows me away so many young people will buy a house online without even stepping foot in it. Cars too...we actually sold our house to a guy overseas...American working oil & gas overseas. His sister came to look at the house and his brother did a proxy sign...this was new to us...Single guy, did not care about granite counter tops, lol...I am sure the pool and all the decking was appealing to him to host parties... ;)
 
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Funny, going back and reading some of my post I think, what old geezer wrote this...hahaha
 
Markets are completely detached from reality.
Whats happening there is a Gamma squeeze, a kind of largely automated out of control cycle (I understand maybe 75% of it)
It WILL come down and usually harshly, but not directly because of Bond prices. Yet.

As far as what happens with Bonds crashing (Price going down, Yields going up)
The cost of money increases across the boards.
Mortgages show it early, then ALL borrowing/credit, but the big thing is the US .Gov borrowing (printing) costs increase.
Now we happen to be $39 Trillion in debt and basically spend (print) $2 Trillion per year MORE than we have
That just got even more expensive

So if the interest on the debt is already 30% of every tax dollar, and it keeps increasing, you either have to:
A) Print more, which directly means = higher inflation
B) Spend Less (it wont be Defense they cut, it will be everything else. And only fools and the uneducated think we don't need those other services)
C) Default - Game Over 1929 style

All the while you have to offer higher Yields on Bonds to get people to buy them because they look more risky, ie risk premium - that the US Govt. will actually pay you at maturity

Bonds are what makes the entire machine go.

The Stock Market truly is just a casino, currently supported by 7-10 companies, those happen to be all AI focused and see no actual profit from it anytime soon.
Its a house of cards and unless propped up by .gov or other accounting tricks, will crash in epic fashion all on its own.



Gee, others more knowledgeable agree with me.... huh, go figure

 
Gee, others more knowledgeable agree with me.... huh, go figure


When we spoke to our Broker last week he suggested for us to lock down some long term investments since they have been warned of Feds possibly lowering interest rates by years end which would lower Money Market rates, where we keep our liquid money at.
Right now we are making 3.4% on our Savings/Money Market...so we lost about a point in a half over the last few years...

High-Yield Savings, I tell people all the time to atleast have their liquid savings in one of these banks...Capitol One is a good place...pays 3.1%
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3.5% is the new 4.2% over the past 6 months everywhere

I can’t see how Trumps fixer can lower rates into a declining economy, high unemployment and high inflationary period.
Most calls and odds are now for increasing rates

Lowering rates at this point is simply fuel for stronger inflation. Given those conditions lowering rates will have the opposite effect of what most think.

But he’ll use his attraction of the uneducated to try and sell it. After all, he and his Billionaire buddies will prosper while you watch 5-6% inflation eat you alive
 
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Our Broker is there to sell us goods, he is not a pushy person or we would of got another agent but he does always try to sell us on something each time we talk to him which is only a couple times a year. He has been wrong several times as many finance guys are and we really don't listen much to all he has to say since he is younger and retirement is a whole different financial ballgame which he has no experience in. He pushes more risk investments and we push back. Funny but he now always starts with "I know you guys want low risk But" lol
 
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THIS IS NOT A PORK AD!!! hahahaha

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One thing, my wife reminded me the good sales seem to be on Labor Day more so now/these days. I don't even see HEB with any BEEF Ribeye sales this holiday and Kroger only has T-Bones on sale...Memorial Day...oh another thing, I messed up that the wife corrected me again :), ground beef is $6.99 a pound, not $8, 80% lean...no sale : ( She said she did get it on sale for $6.19 but at Sam's Club...
Plus Kroger's Ad does not say if it is Value or Select which Select is all we buy (can afford), Prime is out of the question for us.

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We will see what the Fourth or Labor Day brings this year....

You will eat bugs and like them... ;) :(
 
Bonds

*US 30-YEAR TREASURY YIELD RISES TO 5.177%, HIGHEST SINCE 2007


 
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