The most prestigious law school admissions discussion board in the world.
|
 |
 
|
The real estate crash is beginning
Poast new message in this thread
Date: June 6th, 2024 9:29 AM Author: nubile library I'm noticing a lot of houses in my major metro are just sitting or selling at least 10-15% below list price. In 2021 the same houses would have received multiple offers over asking with waived contingencies. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723853) |
Date: June 6th, 2024 9:33 AM Author: Spectacular meetinghouse candlestick maker That’s not a crash. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723861) |
 |
Date: June 6th, 2024 9:42 AM Author: nubile library It's just beginning. Things will get worse. Looks like it's already pretty bad in small vacation towns where Airbnb demand dried up. It's a great time if you're a rich person buying a second home but terrible if you're an owner in the short term rental market. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723891) |
|
Date: June 6th, 2024 9:45 AM Author: Deranged Nursing Home Getting nervous, home owner? (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723903) |
|
Date: June 6th, 2024 9:48 AM Author: Spectacular meetinghouse candlestick maker In muh area home prices are only going one direction, champion (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723911) |
|
Date: June 6th, 2024 11:33 AM Author: amber therapy messiness (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724111) |
|
Date: June 6th, 2024 9:49 AM Author: Olive Doobsian Personal Credit Line Set why would a homeowner get nervous? they don't actually gain or lose when home prices go up or down (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723912) |
|
Date: June 6th, 2024 9:34 AM Author: Contagious effete sound barrier I bought a place recently so you can blame me for a crash if one comes. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723864) |
|
Date: June 6th, 2024 9:36 AM Author: translucent market international law enforcement agency my local subreddit is full of people whining about how homes have gone up like 50% since covid and you still need all cash offers well over asking to be competitive. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723873) |
|
Date: June 6th, 2024 9:43 AM Author: Kink-friendly useless dysfunction point (redditor) (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723892) |
|
Date: June 6th, 2024 9:44 AM Author: navy lettuce (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723895) |
|
Date: June 6th, 2024 9:44 AM Author: Misunderstood hospital athletic conference (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723896) |
|
Date: June 6th, 2024 10:25 AM Author: Cream charismatic center (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723981) |
|
Date: June 6th, 2024 10:26 AM Author: Underhanded filthy community account church (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723985) |
|
Date: June 6th, 2024 9:40 AM Author: Olive Doobsian Personal Credit Line Set https://www.cnbc.com/2024/06/05/sternlicht-defends-gating-starwood-reit-withdrawals-hopes-its-a-six-month-thing-.html
oh Fed, won't you think of the capital owners?! |
|
Date: June 6th, 2024 9:42 AM Author: navy lettuce Oh what a crash (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723887) |
|
Date: June 6th, 2024 10:08 AM Author: silver office chilmata has been saying the housing market has been crashing for 12+ years (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723935) |
|
Date: June 6th, 2024 6:35 PM Author: vigorous coiffed potus mood Any day now, pumo, any day now. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725318) |
|
Date: June 6th, 2024 10:24 AM Author: snowy crawly trailer park jap I see headwinds in CRE/IORR, but it is hard to envision a full-blown crash. What is the catalyst for a crash? (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723969) |
|
Date: June 6th, 2024 10:35 AM Author: translucent market international law enforcement agency propertyless xoxoers endless confidence in their predictions despite the evidence (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724043) |
|
Date: June 6th, 2024 11:09 AM Author: snowy crawly trailer park jap Honestly it is one of XO's endearing qualities. Makes me almost miss :D. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724075) |
|
Date: June 6th, 2024 11:25 AM Author: translucent market international law enforcement agency (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724082) |
|
Date: June 6th, 2024 10:25 AM Author: Sick salmon cumskin Def has not been the case in my market. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47723977) |
|
Date: June 6th, 2024 10:34 AM Author: translucent market international law enforcement agency ITE was a black swan event. considering how far we've pushed financial witchcraft i wouldn't write of a national real estate crash happening again. but it's never happened before ITE.
RE has always been local. population centers are full of NIMBYs where development is expensive or impossible. doesn't seem likely there's going to be some major crash in these areas considering prices have continued to rise despite rising interest rates, and with interest rates predicted to fall pretty soon. |
|
Date: June 6th, 2024 10:29 AM Author: Beady-eyed Flesh Idea He Suggested You aren't noticing any such thing (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724003) |
|
Date: June 6th, 2024 10:35 AM Author: infuriating rose mad cow disease background story OP probably lives in an obviously inflated and overhyped market like Boise, Tampa, Austin. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724042) |
|
Date: June 6th, 2024 11:54 AM Author: navy lettuce (jewish fæces eater) (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47724160) |
|
Date: June 6th, 2024 11:26 AM Author: curious painfully honest pervert wagecucks I have noticed a slack in the absolute foaming-at-the-mouth insanity that took place during and immediately post COVID but in no way is it a crash.
I am shopping right now over a large swath of Texas for raw land and the market is tight as it ever has been. |
|
Date: June 6th, 2024 11:33 AM Author: thriller factory reset button hard to imagine a crash happening in single family as most people have 30 year fixed rate loans at low rates, which has kept single family inventory very low
multifamily, retail, office, industrial etc will get hammered as their rates double or triple from the lows |
|
Date: June 6th, 2024 12:38 PM Author: Deep Regret Dumb OP.
We're beginning to enter a normal market - maybe even a buyer's market.
Houses aren't going on the market and getting a bidding war in the first 24 hours anymore. But they're still selling faster than normal and near asking prices.
A crash is probably close to impossible IMO. There's too many millenials and Gen X'ers who are out of the market and want in, and supply is near 0 because owners have their interest rates locked in.
https://fred.stlouisfed.org/series/MEDDAYONMARUS |
|
Date: June 6th, 2024 6:02 PM Author: harsh giraffe electric furnace Burn it all down.
The best years of my career were in the wake of the ITE crash. |
|
Date: June 6th, 2024 6:11 PM Author: Razzle-dazzle blue national (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725255) |
|
Date: June 6th, 2024 6:06 PM Author: Cerise Exhilarant Heaven Halford you can’t have a (((crash))) with a 5 million home deficit (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725241) |
|
Date: June 6th, 2024 6:16 PM Author: nubile library Wages are stagnating and white collar jobs are being offshored and replaced by AI. Many white collar employees will eventually be forced to sell (even those with low interest rates) and they won't be able to find new buyers without significant discounts. This will all come to a head over the next 1-2 years. (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725269) |
|
Date: June 6th, 2024 6:13 PM Author: coral bull headed plaza jews will just print more money and everything will just keep going (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725260) |
|
Date: June 6th, 2024 6:17 PM Author: plum area my REIT option is going in the money
My guess is that if rates are cut that will just allow banks to refinance so bullish on real estate investment trusts. |
|
Date: June 6th, 2024 7:29 PM Author: Vibrant shimmering juggernaut What reit? I'd like greater than 5% yield and increasing earnings and dividends (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725440) |
|
Date: June 6th, 2024 10:43 PM Author: plum area Prologis (http://www.autoadmit.com/thread.php?thread_id=5537452&forum_id=2#47725975) |