NEO
Eat at Joe's
- Joined
- Sep 14, 2009
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Ok, this is an opinion thread for metro Nashville folks.
Here’s my question without a poll...
Do you think we are already on a bubble or will home prices keep going up?
If they are going to keep going up for how much longer and high much higher?
Do you think they will eventually reset and if so at the price today or at a lower or higher price?
I was raised here and then lived in Columbus oh for about 14 years before moving back in 2010. Columbus used to be about twice the price there as it was here per sq. After the crash, they still haven’t come back and now we are about 35 percent higher than them and gaining.
I personally think we keep going up another 50 percent over the next 5 to seven years but then dip back to about current rates or slightly above current. I could be wrong those as my realtor friends think we are the next Seattle 2.0 and our pr sq ft is about to get insane due to lack of land close to downtown.
What are your thoughts?
Here’s my question without a poll...
Do you think we are already on a bubble or will home prices keep going up?
If they are going to keep going up for how much longer and high much higher?
Do you think they will eventually reset and if so at the price today or at a lower or higher price?
I was raised here and then lived in Columbus oh for about 14 years before moving back in 2010. Columbus used to be about twice the price there as it was here per sq. After the crash, they still haven’t come back and now we are about 35 percent higher than them and gaining.
I personally think we keep going up another 50 percent over the next 5 to seven years but then dip back to about current rates or slightly above current. I could be wrong those as my realtor friends think we are the next Seattle 2.0 and our pr sq ft is about to get insane due to lack of land close to downtown.
What are your thoughts?