Housing market in your area
 

How's the housing market in your area?

Overpriced

12 months growth where I live in Sydney is 18.5%, but that's actually low for Sydney.

https://www.realestate.com.au/nsw/cammeray-2062/

housing market is good in the Valencian region of Spain with property prices on the up, rental & purchase. & building 1000´s of new homes every day :thumbsup

I live in a car . . .

Southern California?

I dunno, watch a movie and 80% of them have some sort of end game where the helicopter zooms out, main character is on the beach (most likely shot in Malibu or Palisades) sipping a drink and going "this is it, we made it".

That market i guess is kinda strong.

In the US it is all over the place: down in Florida, up in Texas, down in Cali, down in midwest, up in northeast....

Basically a clusterfuck. Interest rates are above 6% so this is stalling new home buyers and sellers with 2-4% mortgage rates do not want to sell.

more houses will hit the market once the jobless claims rise

Going to be a great buying opportunity here in Vegas in the next 12-18 months.

Average here right now $245/sq ft for residential. More for some areas, less for others.

I live here
https://www.homes.com/local-guide/la...-neighborhood/

Can’t imagine buying a house on the west coast with all the insane corruption and taxes. They raise taxes so high that huge government contracts get awarded to companies in low tax states because the local businesses have so many regulations and taxes. Voters have completely lost their minds. The voters in these states love high taxes and bad services. Commercial real este is sitting empty. Roads are fucked. I caught air on the way to the Oregon coast last month where there was a drop off that took forever to get fixed.

For Homes (Median/Average):
Statewide Median: Around $294/sq ft (as of late 2025).
Apartments: Median around $491-$522/sq ft.
Houses: Median around $283-$286/sq ft.
By Location (Examples):
Jersey City: Around $627/sq ft.
Hoboken: Around $892/sq ft.
Princeton: Around $475/sq ft.
Edison: Around $374/sq ft.

Average here in 2026 is around 480$CA in my area. Obviously some more or less

I wish I had the luxury of Pheer with water way and hoping fishing nearby but we do have a main river nearby we can fish and use hiking trails and camp grounds. It's all relatively new construction in the past 10 years but it's safe and the crime is extremely low so kids are safe.

I think mortgage rates affect the HCOL areas more, anyone owning is holding (I'm at 4.8% and thought that was high), anecdotally people would rather rent or move to another state than pay 6%+ at the current market rates.

I don't think you can buy a detached single family within 30 minutes of me for under $1m, which puts your minimum payment in the $6-7k range.

It's wild to see Edison prices today compared to 20 years ago.