Nah, we sold our house in 2019 and I couldn't believe I got my asking price the first day. My neighbors who sold made out, too.
My son-in-law bought a few houses and turned the into AirBnBs. Prices just shot up.
You can check DANC joe is right. It was mid and post pandemic and after the free cheese. We were actively looking in boca/Delray even Wellington in 2019 and prices were cheap then 2021 they skyrocketed. Great job bidenomicsummmm housing prices were very stable for a long time under 2-3% rates, weren't they? Prices only sky rocketed once the free cheese and the plandemic was thrust upon us. Or is my timeline skewed? I know when I first started looking for an "the other coast" house, prices and rates were still low, but in 6-8 months, prices and inventory went crazy.
Freddie Mac house price index change 1990-2023 | Statista
How much have home values increased since 2020? House prices experienced a double-digit percentage growth, according to the Freddie Mac index.
www.statista.com