>

My friend in Morgantown, WV has a 3 br, 2ba townhouse for $500 per month...But its been that much since he moved in 12 years ago. He refuses to move because he won't find anything that good.
Higher mortgage rates will do that. >

Well yeah, they're trying to get blood from a stone as it is, they can hardly increase prices at this point. >

So, what I'm hearing is that house prices continue to rise... >

No, what you are hearing is that YoY numbers remain high because of past growth. Home prices have been declining since June. >

Ah, so housing is getting more affordable, then! That's good to hear... >

I couldn't agree more. >

This is YoY right? Does that mean that the MoM was actually in decline? >

Yes. We're now down 2.5% from spring. >

I've seen it happen somewhat in my area.
My Zillow search got a few new popups in December and some were houses that were higher just weeks ago.
Still too much but at this rate I can maybe get a house end of 2023 >

I'm glad.  This will put crimp on home flippers. >

Just a rant but 28 here. Sad that I realistically will never be able to own a home. >

You can but maybe not where you currently live. >

This had to leave our mid sized city and go to outskirts of the smaller city outside of that one. But I mean really mortgage for a 3bd house was = to a 1bd condo rent and now 6 years later so many people pushed out that the small city has exploded and we were able to get same paying jobs here instead of commuting a 100 miles a day was a rough couple of years though was going crazy by the end commuting turning 8 hour days into 11ish with drive. >

i've been saving for a down payment but the more I think about the happier i am paying $600 for my 2 BR apartment..even if im not paying toward anything >

Where do you pay $600 for 2br? That sounds impossible anytime in the last 10 years.