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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
stimulating disturbing karate
  05/19/22
They didn't win. They will be paying double the interest on...
Crimson Son Of Senegal
  05/19/22
We are paying in cash up front
Aromatic sapphire mad cow disease reading party
  05/19/22
Are u going to be a slumlord?
nudist puce gas station
  05/19/22
If we buy a house we will turn my condo into an airbnb
Aromatic sapphire mad cow disease reading party
  05/19/22
dont get too excited, those reductions are on a 40% over val...
Pungent Impressive Rehab
  05/20/22
...
razzle garnet codepig halford
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
wonderful location
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
stimulating disturbing karate
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
wonderful location
  05/19/22
Of course, it's a volume business, people are going to cling...
dark french knife
  05/20/22
what do you do after that? if you're leaving the area for...
passionate know-it-all heaven ceo
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Startled autistic scourge upon the earth home
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
stimulating disturbing karate
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
self-absorbed center friendly grandma
  05/19/22
That seems to be the last viable tactic. List way under and ...
stimulating disturbing karate
  05/19/22
But there were 30 bids. OP is overblown.
self-absorbed center friendly grandma
  05/19/22
houses in that range are still selling very quickly. Even ho...
carnelian macaca
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
self-absorbed center friendly grandma
  05/19/22
lol. homes over $1m still going strong. people are still usi...
Ruby Concupiscible Roast Beef Elastic Band
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
wonderful location
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
Sexy Water Buffalo
  05/19/22
So they're appreciating at the inflation rate. They're ther...
Fragrant jade mood telephone
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
Crimson Son Of Senegal
  05/19/22
Eh, tell me why I care about appreciation being “only&...
galvanic scarlet cuck
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Purple Bull Headed Toilet Seat Business Firm
  05/19/22
Not seeing it.
Trip mother
  05/19/22
The median price of an existing home sold in April was $391,...
electric aqua faggot firefighter
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
slippery striped hyena
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
electric aqua faggot firefighter
  05/19/22
lol @ smart and millennials in the same sentence
slippery striped hyena
  05/19/22
2.5% rates were gone by February.
Crimson Son Of Senegal
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
slippery striped hyena
  05/19/22
...
geriatric dragon
  05/19/22
Good. Can’t wait for dem lower property taxes.
Demanding Native
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
180 glassy idiot
  05/19/22
...
glittery grizzly national
  05/19/22
...
Pungent Impressive Rehab
  05/20/22
I was wondering how people could afford homes when interest ...
Haunting sepia hairy legs
  05/19/22
I've noticed practically zero weakness in the real estate ma...
disrespectful turdskin
  05/19/22
where?
effete racy mediation dilemma
  05/19/22
Still selling for over asking in our area but it's taking a ...
peach school background story
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
medicated state shitlib
  05/19/22
...
razzle garnet codepig halford
  05/19/22
Who's still handing out subprime mortgages? Lmao
Black brethren
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
motley fluffy police squad organic girlfriend
  05/22/22
This is not about housing. "Consumers with low credi...
Startled autistic scourge upon the earth home
  05/19/22
exactly. this caused a crash last time because too many subp...
brilliant factory reset button useless brakes
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
poppy fear-inspiring voyeur
  05/19/22
why are redditors so poor?
Doobsian locale
  05/19/22
they are SO poor
Irradiated senate famous landscape painting
  05/19/22
...
Spectacular pearl feces
  05/19/22
...
brilliant factory reset button useless brakes
  05/19/22
Housing will be fine. You misspelled stock market.
bateful unhinged juggernaut
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Lemon newt library
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
geriatric dragon
  05/19/22
To the extent there are still brisk sales, that is for the l...
stimulating disturbing karate
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Startled autistic scourge upon the earth home
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
hairraiser old irish cottage goal in life
  05/19/22
Very kind of them.
Startled autistic scourge upon the earth home
  05/19/22
...
self-absorbed center friendly grandma
  05/19/22
outside of America, home ownership is the exception rather t...
electric aqua faggot firefighter
  05/19/22
Kids live at their parents’ house in the US as well. ...
hairraiser old irish cottage goal in life
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Arrogant indigo tanning salon dog poop
  05/20/22
...
effete racy mediation dilemma
  05/22/22
It's over
Thirsty heady stain cumskin
  05/19/22
which market are you talking about? re is hyper local
clear harsh parlour wrinkle
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
soul-stirring primrose pit headpube
  05/19/22
Dow reference was solid prole tell.
hairraiser old irish cottage goal in life
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
soul-stirring primrose pit headpube
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
hairraiser old irish cottage goal in life
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Lemon newt library
  05/20/22
larger economic fundamentals are always a relevant input, bu...
clear harsh parlour wrinkle
  05/19/22
It’s over!!!!
stimulating disturbing karate
  05/19/22
(MAF nohousemo wishful thinking)
Twinkling sweet tailpipe stage
  05/20/22
Harsh but fair
stimulating disturbing karate
  05/20/22
there’s a lot more working against a crash than for it...
umber mad-dog skullcap
  05/20/22
If you own a home today and are moving and make a topping bi...
tantric azn gaping
  05/20/22
I live in an area on the west coast where, just 4 months ago...
geriatric dragon
  05/21/22
OP just wanted to let you know that my House went up in valu...
Trip mother
  05/22/22
The websites are doing that for web traffic. It’s all ...
stimulating disturbing karate
  05/22/22
👌
Trip mother
  05/22/22
I sure hope so. I want it to burn down hard af.
opaque partner legal warrant
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
geriatric dragon
  05/22/22
good post -- seems like it's softening
clear harsh parlour wrinkle
  05/22/22
...
stimulating disturbing karate
  07/21/22
new thoughts?
razzle garnet codepig halford
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
slippery striped hyena
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
stimulating disturbing karate
  07/21/22
I kind of agree with this for my market. Inventory is defini...
Vivacious university idea he suggested
  07/21/22
the u.s. housing market will never go down, let alone crash....
honey-headed vibrant shrine
  07/21/22
Whoa cr. Explain tho
Trip mother
  07/21/22
...
stimulating disturbing karate
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
Contagious godawful ratface dopamine
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
Underhanded depressive
  10/25/22
...
stimulating disturbing karate
  05/04/23
Replace "Housing" with "Crypto" and OP w...
boyish resort
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
sooty brunch laser beams
  06/27/23
MODS! That's ImanageCat's house.
motley fluffy police squad organic girlfriend
  08/03/23
nohousemos are FUCKED
Titillating Sanctuary Community Account
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
sooty brunch laser beams
  08/03/23
Is that supposed to mean something?
crawly whorehouse
  08/03/23
She posts weird shit like that
razzle garnet codepig halford
  08/03/23
...
Alabama Bangs
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
prospero ano y luicidad
  12/10/25
there are no young people who want to drive 45 minutes to an...
Ozzie Canseco
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
...,....,,........
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: stimulating disturbing karate

Started noticing houses having multiple reductions in listing prices. Staying on market for weeks. Sellers are fucked. They missed the boat. To the XO pumos who were waiting the market out. Congrats you won.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: Crimson Son Of Senegal

They didn't win. They will be paying double the interest on mortgage payments, which overrides savings on the purchase price.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: Aromatic sapphire mad cow disease reading party

We are paying in cash up front

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538195)



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: nudist puce gas station

Are u going to be a slumlord?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539366)



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: Aromatic sapphire mad cow disease reading party

If we buy a house we will turn my condo into an airbnb

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: Pungent Impressive Rehab

dont get too excited, those reductions are on a 40% over valued amount

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: razzle garnet codepig halford



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44537992)



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: wonderful location

??? My asshole neighbor bought house for $600k in 2015 and just sold it for $1.4 million

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: stimulating disturbing karate

He barely got it done. There is a delay; buyer prob locked in mortgage rate in March when market was still hot. It’s over now

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: wonderful location

Is mortgage lender / refi shop a bad business to be in right now?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: dark french knife

Of course, it's a volume business, people are going to cling to their 2.5-3.5% mortgages forever now.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: passionate know-it-all heaven ceo

what do you do after that?

if you're leaving the area for a cheaper one, the answer is straightforward. but if you want a similar or nicer home in the same area, it's pretty hard to upgrade. your monthly payments could balloon significantly

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: Startled autistic scourge upon the earth home

And the $1.4m might "crash" to $1.2m but at the end of the day, it'll be expensive as shit.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: stimulating disturbing karate

Interest rates are way too high. Saw a few sellers trying to market shitty ranch houses for way too much. Getting no bites now. Would have sold in a day 3 months ago. They waited too long!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: self-absorbed center friendly grandma

Next door neighbor listed at $525 and sold at $610 with 30 offers in two days last weekend.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: stimulating disturbing karate

That seems to be the last viable tactic. List way under and see if you can confuse the buyer into making too large of a bid

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: self-absorbed center friendly grandma

But there were 30 bids. OP is overblown.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538032)



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: carnelian macaca

houses in that range are still selling very quickly. Even houses in the nicer part of my neighborhood listed up to around $1.3M only stay on the market for around 2 weeks.

The houses that start approaching $2M or above and have like 6 beds seem to be languishing on the market.

I don't see the demand changing much for modest 3-4 bed houses.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: self-absorbed center friendly grandma

It’s a nice but middle of the road suburb in flyover. Hoping you’re right about sales in this price range bc we’re going to be selling later this year but aren’t ready to yet.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: Ruby Concupiscible Roast Beef Elastic Band

lol. homes over $1m still going strong. people are still using stock money to pay for homes as cash.

now if the stock dips another 20%+, then people will start to feel they are selling stocks on the cheap. right now plenty of people are willing to trade stocks at these high prices for something like real estate

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: wonderful location

Op seems to be ignoring that rich chinese mofos will always need a place to park their ill-gotten cash. PE firms too.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: Sexy Water Buffalo

please. Okay, homes aren't appreciating at 25% YOY but still like 10-12%.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Fragrant jade mood telephone

So they're appreciating at the inflation rate. They're therefore not appreciating at all, the dollars the value is denominated in are just worth less.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: Crimson Son Of Senegal

Much better to invest money in stocks and lose 30% cash value this year!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: galvanic scarlet cuck

Eh, tell me why I care about appreciation being “only” 10% when my LTV is 80%?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: Purple Bull Headed Toilet Seat Business Firm

You’re delusional. Asset prices are down 20% across the board (except RE, yet). How do you think people finance purchases? What happens to demand when the prospective purchaser is 20% poorer?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Trip mother

Not seeing it.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538034)



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: electric aqua faggot firefighter

The median price of an existing home sold in April was $391,200, the highest on record and an increase of 14.8% from a year ago.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: slippery striped hyena

april sales based on 2.5% rates locked in in feb. wait two months.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: electric aqua faggot firefighter

as long as the rates don't go above 7%, smart millennials will be buyers, provided the govt keeps the mortgage interest tax deductions

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: slippery striped hyena

lol @ smart and millennials in the same sentence

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538426)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: Crimson Son Of Senegal

2.5% rates were gone by February.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538137)



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: slippery striped hyena

not true. i locked in at 2.25% on feb 10th. deal fell though, tho, fml.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: geriatric dragon



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539017)



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Demanding Native

Good. Can’t wait for dem lower property taxes.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538070)



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: 180 glassy idiot

Open borders +

foreign cash buyers +

BlackRock and investors buying up SFHs +

NIMBY restrictions on building +

labor shortage in the trades +

proles overextending themselves thinking they may never get on the property ladder =

I don’t think it’s coming back anytime soon

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: glittery grizzly national



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539401)



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: Pungent Impressive Rehab



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543662)



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Haunting sepia hairy legs

I was wondering how people could afford homes when interest rates were under 3%, but now that they are over 5%, a lot of these people can't even qualify to be house poor. Our loan officers are struggling bigly. We are laying off people left and right. Doesn't look good.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: disrespectful turdskin

I've noticed practically zero weakness in the real estate market in the San Fernando Valley.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: effete racy mediation dilemma

where?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538138)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: peach school background story

Still selling for over asking in our area but it's taking a bit longer. They were going almost instantly.

I wonder if in a couple months the new starts will slow up making it a good chance to build (for a rental).

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: medicated state shitlib

https://www.wsj.com/articles/more-subprime-borrowers-are-missing-loan-payments-11652952602

we're in for a crash

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: razzle garnet codepig halford



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538186)



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: Black brethren

Who's still handing out subprime mortgages? Lmao

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538211)



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: motley fluffy police squad organic girlfriend

Banks who don't get ass fucked by regulators for being racist. Not ame.

#1 cause of the 2008 crisis was the fedgov forcing banks to make shortly loans to minorities.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553101)



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: Startled autistic scourge upon the earth home

This is not about housing.

"Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end."

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538237)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: brilliant factory reset button useless brakes

exactly. this caused a crash last time because too many subprime borrowers got mortgages. is that still the case?

when the economy dips subprime people (i.e. people with no money that lose their jobs) are going to stop paying loans because they no longer have the money to pay them. shocking.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540761)



Reply Favorite

Date: May 19th, 2022 11:45 AM
Author: poppy fear-inspiring voyeur

biggest sign of the peak are all the proles on https://www.reddit.com/r/FirstTimeHomeBuyer/

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538206)



Reply Favorite

Date: May 19th, 2022 12:04 PM
Author: Doobsian locale

why are redditors so poor?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538310)



Reply Favorite

Date: May 19th, 2022 12:09 PM
Author: Irradiated senate famous landscape painting

they are SO poor

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538337)



Reply Favorite

Date: May 19th, 2022 1:46 PM
Author: Spectacular pearl feces



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539031)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: brilliant factory reset button useless brakes



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540762)



Reply Favorite

Date: May 19th, 2022 12:10 PM
Author: bateful unhinged juggernaut

Housing will be fine. You misspelled stock market.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538344)



Reply Favorite

Date: May 19th, 2022 12:14 PM
Author: Lemon newt library

Oh no, now I won’t be able to live in my SFH for a monthly payment less than urban hellhole rent locked in for 30 years at an interest rate far below inflation with tax benefits. And the mark-to-market losses on Zillow will make me cry!

I wish I could be a gloomy contrarian who owns nothing instead!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44538358)



Reply Favorite

Date: May 19th, 2022 1:42 PM
Author: geriatric dragon

And job losses + the fed selling their MBS hasn’t even started yet. Lol.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539008)



Reply Favorite

Date: May 19th, 2022 2:43 PM
Author: stimulating disturbing karate

To the extent there are still brisk sales, that is for the last couple fools who are buying right before the collapse. These morons had 2 years to buy. It’s over. You’ve been warned. Great collapse is coming!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539339)



Reply Favorite

Date: May 19th, 2022 3:28 PM
Author: Startled autistic scourge upon the earth home

He says hopefully. The fact that a huge portion of people predicting a housing crash are people desperate to buy a house is the exact reason there won't be a real crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539573)



Reply Favorite

Date: May 19th, 2022 3:30 PM
Author: hairraiser old irish cottage goal in life

Dems helpfully support mainstream adoption of 40 year mortgage to help needy young couples have a shot at the American dream

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539590)



Reply Favorite

Date: May 19th, 2022 3:41 PM
Author: Startled autistic scourge upon the earth home

Very kind of them.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44539644)



Reply Favorite

Date: May 19th, 2022 6:54 PM
Author: self-absorbed center friendly grandma



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540676)



Reply Favorite

Date: May 19th, 2022 6:59 PM
Author: electric aqua faggot firefighter

outside of America, home ownership is the exception rather than the rule; in Europe, even well off children with jobs live with their parents; Americans are spoiled brats

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540694)



Reply Favorite

Date: May 19th, 2022 7:07 PM
Author: hairraiser old irish cottage goal in life

Kids live at their parents’ house in the US as well.

My point of course was that well intentioned dems still have a move to keep inflating home prices and further encumbering their constituents. It’s like what we do with student loans.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540733)



Reply Favorite

Date: May 20th, 2022 9:26 AM
Author: Arrogant indigo tanning salon dog poop

They’ll point to japans 100 year mortgage and tell you 40 is nbd

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543341)



Reply Favorite

Date: May 22nd, 2022 9:44 AM
Author: effete racy mediation dilemma



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553173)



Reply Favorite

Date: May 19th, 2022 7:01 PM
Author: Thirsty heady stain cumskin

It's over

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540707)



Reply Favorite

Date: May 19th, 2022 7:03 PM
Author: clear harsh parlour wrinkle

which market are you talking about? re is hyper local

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540718)



Reply Favorite

Date: May 19th, 2022 7:06 PM
Author: soul-stirring primrose pit headpube

Yep.

But also hard to avoid larger economic fundamentals.

Higher rates + inflation + crashing dow/S&P means fewer dollars chasing after real estate. Even in expensive markets many people fund purchases with stock market gains.

We shall see!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540731)



Reply Favorite

Date: May 19th, 2022 7:09 PM
Author: hairraiser old irish cottage goal in life

Dow reference was solid prole tell.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540737)



Reply Favorite

Date: May 19th, 2022 7:10 PM
Author: soul-stirring primrose pit headpube

Even in my market, with an average sales price of $2.5M, many fund RE by cashing out gains.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540747)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: hairraiser old irish cottage goal in life

Maybe at high end. Most people buying <$1m houses are not funding with taxable brokerage accounts.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540758)



Reply Favorite

Date: May 20th, 2022 12:01 AM
Author: Lemon newt library

Yeah, it's all just regular proles saving their nickels until they have $200k.

Everyone buying an adequate house in a good town (i.e. $600k+) without parental support is funding down payment and closing costs from stock/crypto gains. You could have bought literally any risk asset including imaginary fraud internet money, stock of bad companies in dying industries, and Pokemon cards at any point from 2009-2022 and made gains. Not everyone is a risk-averse retard stuffing their mattress.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44542361)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: clear harsh parlour wrinkle

larger economic fundamentals are always a relevant input, but they are not dispositive of price on a local market basis. agree with everything you're saying conceptually, but it doesn't help anyone decide whether they should buy in a given city or neighborhood or block rn

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44540754)



Reply Favorite

Date: May 19th, 2022 11:55 PM
Author: stimulating disturbing karate

It’s over!!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44542326)



Reply Favorite

Date: May 20th, 2022 9:42 AM
Author: Twinkling sweet tailpipe stage

(MAF nohousemo wishful thinking)

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543373)



Reply Favorite

Date: May 20th, 2022 10:20 AM
Author: stimulating disturbing karate

Harsh but fair

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543544)



Reply Favorite

Date: May 20th, 2022 9:49 AM
Author: umber mad-dog skullcap

there’s a lot more working against a crash than for it

structural shortage of supply, massive equity in homes such that even people facing foreclosure are not in the red, continuing inflation, etc

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543398)



Reply Favorite

Date: May 20th, 2022 10:55 AM
Author: tantric azn gaping

If you own a home today and are moving and make a topping bid offer on a new home, then can move to sell your old house, aren't you asking for a lot of risk given the shaky ground?

You own two homes at the top of the market have have to sell one

If you already sold, then you are sitting pretty and maybe indifferent--that group could be the last gasp buyers out there.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44543692)



Reply Favorite

Date: May 21st, 2022 4:33 PM
Author: geriatric dragon

I live in an area on the west coast where, just 4 months ago, sellers were getting dozens of offers and houses were consistently selling for $200k over asking.

Now I’m watching several listings around me that have price reductions. In one case, they’ve made two significant price reductions in the last three weeks. And we’re just getting started 😎

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44550542)



Reply Favorite

Date: May 22nd, 2022 9:06 AM
Author: Trip mother

OP just wanted to let you know that my House went up in value again today. 💸

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553096)



Reply Favorite

Date: May 22nd, 2022 9:41 AM
Author: stimulating disturbing karate

The websites are doing that for web traffic. It’s all illusory

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553162)



Reply Favorite

Date: May 22nd, 2022 9:45 AM
Author: Trip mother

👌

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553178)



Reply Favorite

Date: May 22nd, 2022 9:54 AM
Author: opaque partner legal warrant

I sure hope so. I want it to burn down hard af.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44553202)



Reply Favorite

Date: May 22nd, 2022 1:26 PM
Author: geriatric dragon

Lots of posts about buyers backing out on r/RealEstate:

https://www.reddit.com/r/RealEstate/comments/uv0rcc/house_buyer_is_having_buyers_remorse_because_of

https://www.reddit.com/r/RealEstate/comments/uss4bl/buyer_backing_out_8_days_before_closing

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44554006)



Reply Favorite

Date: May 22nd, 2022 1:27 PM
Author: clear harsh parlour wrinkle

good post -- seems like it's softening

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44554017)



Reply Favorite

Date: July 21st, 2022 1:29 PM
Author: stimulating disturbing karate



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888643)



Reply Favorite

Date: July 21st, 2022 1:30 PM
Author: razzle garnet codepig halford

new thoughts?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888649)



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: slippery striped hyena

i'm anecdotally seeing more and more price cuts and more and more shit sit on the market longer

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888656)



Reply Favorite

Date: July 21st, 2022 1:32 PM
Author: stimulating disturbing karate

The feeding frenzy is definitely over. Problem is there is still plenty of buyers (2-3 offers versus 50-60). So homes are still selling. Middle class is done. Feels like there is maybe another 3 months through summer of an ability to sell at list and then a huge crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888667)



Reply Favorite

Date: July 21st, 2022 1:37 PM
Author: Vivacious university idea he suggested

I kind of agree with this for my market. Inventory is definitely increasing. Not sure about offers. My sense is that a lot of sellers are eager to get out of their houses now and buyers are more cautious.

At this point the market isn’t just people looking for a single family home. It’s a lot of players with money that are looking for non-primary residence single family homes who can jump in and out whenever they want.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888698)



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: honey-headed vibrant shrine

the u.s. housing market will never go down, let alone crash. never. take that to the bank

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888659)



Reply Favorite

Date: July 21st, 2022 1:39 PM
Author: Trip mother

Whoa cr. Explain tho

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#44888722)



Reply Favorite

Date: October 25th, 2022 9:41 AM
Author: stimulating disturbing karate



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#45386128)



Reply Favorite

Date: October 25th, 2022 9:45 AM
Author: Contagious godawful ratface dopamine

i'm seeing a ton of price reductions in my once radioactively hot local market. nothing significant, but it's a good sign.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#45386148)



Reply Favorite

Date: October 25th, 2022 9:52 AM
Author: Underhanded depressive

17% of listings in Boise, ID have had price reductions in the last week. 15.5% in Austin. Compare that to a more stable housing market (Chicago), where only 9% of homes have seen a reduction in asking price in the last week. The ship is turning, but it will take a while for significant price drops to happen. Come back next year for an update.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#45386172)



Reply Favorite

Date: May 4th, 2023 3:06 PM
Author: stimulating disturbing karate



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46270260)



Reply Favorite

Date: May 4th, 2023 3:07 PM
Author: boyish resort

Replace "Housing" with "Crypto" and OP was spot on!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46270264)



Reply Favorite

Date: June 27th, 2023 11:28 AM
Author: sooty brunch laser beams

Wow totally crashing!

https://www.cnbc.com/amp/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46479253)



Reply Favorite

Date: August 3rd, 2023 10:20 PM
Author: motley fluffy police squad organic girlfriend

MODS!

That's ImanageCat's house.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46627566)



Reply Favorite

Date: June 27th, 2023 11:29 AM
Author: Titillating Sanctuary Community Account

nohousemos are FUCKED

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46479256)



Reply Favorite

Date: August 3rd, 2023 10:19 PM
Author: sooty brunch laser beams

OMG, can’t believe how much it has crashed!!!

https://redf.in/IpKgJA

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46627561)



Reply Favorite

Date: August 3rd, 2023 10:34 PM
Author: crawly whorehouse

Is that supposed to mean something?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46627602)



Reply Favorite

Date: August 3rd, 2023 10:48 PM
Author: razzle garnet codepig halford

She posts weird shit like that

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#46627641)



Reply Favorite

Date: December 10th, 2025 1:59 PM
Author: Alabama Bangs



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#49499747)



Reply Favorite

Date: December 10th, 2025 2:00 PM
Author: prospero ano y luicidad

OP was obviously overly dramatic but is increasingly looking like prices could just go sideways for a pretty long time. At some point the population pyramid becomes inevitable

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#49499760)



Reply Favorite

Date: December 10th, 2025 2:02 PM
Author: Ozzie Canseco

there are no young people who want to drive 45 minutes to and from a city every day to finance a 1mm dollar+ house to work a horseshit job that they barely got in the first place.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#49499764)



Reply Favorite

Date: December 10th, 2025 2:02 PM
Author: ...,....,,........

My asshole neighbor bought their house for 400k in 2008.

They tried listing it for $950k, lol!

It's been on the market for almost a year. They've already had to drop the price twice.

The house is beautiful, but nobody in this fucking subdivision has paid north of $600k for any house over here.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2/#49499766)