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DrScopeify
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Comments by "DrScopeify" (@drscopeify) on "This Bizarre Line Explains The Upcoming Housing CRASH" video.
I don't think Seattle homes went up 100% in value in fact many did not even rise 20% my house was worth 450k before COVID and maybe hit 530k during the peak and is now around 520k but hardly 20% gains. In fact have a look, there is a house right now for sale not that far from me for 650k that last sold in 2014 for 450k so it is only up 200k since 2014. My guess is that numbers impacted by high dollar homes dominating the market during COVID. That said prices will have to come down and I expect my house should be 450k as that is fair value in my eyes so 70k over priced on paper value but that 100% gain during COVID is not market wide.
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@Robert-un3cf No in the north, have a look at the homes for sale at 650k there is one that last sold in 2014 for 450k.
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