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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
Thriller death wish
  05/19/22
They didn't win. They will be paying double the interest on...
slap-happy corn cake
  05/19/22
We are paying in cash up front
Lascivious crotch weed whacker
  05/19/22
Are u going to be a slumlord?
Fighting lavender office
  05/19/22
If we buy a house we will turn my condo into an airbnb
Lascivious crotch weed whacker
  05/19/22
dont get too excited, those reductions are on a 40% over val...
Spruce Heady Circlehead Area
  05/20/22
...
Charismatic Flatulent Center Organic Girlfriend
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
curious lime toaster
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
Thriller death wish
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
curious lime toaster
  05/19/22
Of course, it's a volume business, people are going to cling...
aqua laser beams locale
  05/20/22
what do you do after that? if you're leaving the area for...
onyx coffee pot rehab
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
haunting peach sandwich crackhouse
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
Thriller death wish
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
histrionic church boiling water
  05/19/22
That seems to be the last viable tactic. List way under and ...
Thriller death wish
  05/19/22
But there were 30 bids. OP is overblown.
histrionic church boiling water
  05/19/22
houses in that range are still selling very quickly. Even ho...
Geriatric Ratface
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
histrionic church boiling water
  05/19/22
lol. homes over $1m still going strong. people are still usi...
Dun aphrodisiac jew
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
curious lime toaster
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
Stimulating bossy locus nibblets
  05/19/22
So they're appreciating at the inflation rate. They're ther...
mauve main people bawdyhouse
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
slap-happy corn cake
  05/19/22
Eh, tell me why I care about appreciation being “only&...
vibrant home faggotry
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Trip regret
  05/19/22
Not seeing it.
talented amber range bbw
  05/19/22
The median price of an existing home sold in April was $391,...
Crystalline mischievous travel guidebook
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
Mentally Impaired Appetizing Menage
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Crystalline mischievous travel guidebook
  05/19/22
lol @ smart and millennials in the same sentence
Mentally Impaired Appetizing Menage
  05/19/22
2.5% rates were gone by February.
slap-happy corn cake
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
Mentally Impaired Appetizing Menage
  05/19/22
...
elite spectacular lodge double fault
  05/19/22
Good. Can’t wait for dem lower property taxes.
frum temple shitlib
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
exciting pit
  05/19/22
...
obsidian quadroon scourge upon the earth
  05/19/22
...
Spruce Heady Circlehead Area
  05/20/22
I was wondering how people could afford homes when interest ...
Ruby hall
  05/19/22
I've noticed practically zero weakness in the real estate ma...
Glittery corner
  05/19/22
where?
pale provocative twinkling uncleanness lettuce
  05/19/22
Still selling for over asking in our area but it's taking a ...
aquamarine comical electric furnace
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Talking yellow field water buffalo
  05/19/22
...
Charismatic Flatulent Center Organic Girlfriend
  05/19/22
Who's still handing out subprime mortgages? Lmao
filthy church building
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
Rough-skinned Mad-dog Skullcap Digit Ratio
  05/22/22
This is not about housing. "Consumers with low credi...
haunting peach sandwich crackhouse
  05/19/22
exactly. this caused a crash last time because too many subp...
Blathering son of senegal
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
violent gaping
  05/19/22
why are redditors so poor?
Brass arousing chapel
  05/19/22
they are SO poor
laughsome location blood rage
  05/19/22
...
Impertinent cerebral heaven
  05/19/22
...
Blathering son of senegal
  05/19/22
Housing will be fine. You misspelled stock market.
Swashbuckling Thirsty New Version Foreskin
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
aromatic anal stain juggernaut
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
elite spectacular lodge double fault
  05/19/22
To the extent there are still brisk sales, that is for the l...
Thriller death wish
  05/19/22
He says hopefully. The fact that a huge portion of people p...
haunting peach sandwich crackhouse
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
Mildly autistic shrine
  05/19/22
Very kind of them.
haunting peach sandwich crackhouse
  05/19/22
...
histrionic church boiling water
  05/19/22
outside of America, home ownership is the exception rather t...
Crystalline mischievous travel guidebook
  05/19/22
Kids live at their parents’ house in the US as well. ...
Mildly autistic shrine
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Brindle Brunch Dog Poop
  05/20/22
...
pale provocative twinkling uncleanness lettuce
  05/22/22
It's over
coral national hunting ground
  05/19/22
which market are you talking about? re is hyper local
180 abnormal masturbator
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
beady-eyed godawful legend sanctuary
  05/19/22
Dow reference was solid prole tell.
Mildly autistic shrine
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
beady-eyed godawful legend sanctuary
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
Mildly autistic shrine
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
aromatic anal stain juggernaut
  05/20/22
larger economic fundamentals are always a relevant input, bu...
180 abnormal masturbator
  05/19/22
It’s over!!!!
Thriller death wish
  05/19/22
(MAF nohousemo wishful thinking)
Emerald round eye
  05/20/22
Harsh but fair
Thriller death wish
  05/20/22
there’s a lot more working against a crash than for it...
purple station
  05/20/22
If you own a home today and are moving and make a topping bi...
High-end red stead
  05/20/22
I live in an area on the west coast where, just 4 months ago...
elite spectacular lodge double fault
  05/21/22
OP just wanted to let you know that my House went up in valu...
talented amber range bbw
  05/22/22
The websites are doing that for web traffic. It’s all ...
Thriller death wish
  05/22/22
👌
talented amber range bbw
  05/22/22
I sure hope so. I want it to burn down hard af.
Plum Stage Generalized Bond
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
elite spectacular lodge double fault
  05/22/22
good post -- seems like it's softening
180 abnormal masturbator
  05/22/22
...
Thriller death wish
  07/21/22
new thoughts?
Charismatic Flatulent Center Organic Girlfriend
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
Mentally Impaired Appetizing Menage
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
Thriller death wish
  07/21/22
I kind of agree with this for my market. Inventory is defini...
Exhilarant Fishy Set Useless Brakes
  07/21/22
the u.s. housing market will never go down, let alone crash....
saffron house
  07/21/22
Whoa cr. Explain tho
talented amber range bbw
  07/21/22
...
Thriller death wish
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
Misunderstood National Security Agency
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
sooty spot goyim
  10/25/22
...
Thriller death wish
  05/04/23
Replace "Housing" with "Crypto" and OP w...
jet-lagged galvanic fat ankles institution
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Glassy Bat-shit-crazy Ceo
  06/27/23
MODS! That's ImanageCat's house.
Rough-skinned Mad-dog Skullcap Digit Ratio
  08/03/23
nohousemos are FUCKED
Hairraiser domesticated athletic conference
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Glassy Bat-shit-crazy Ceo
  08/03/23
Is that supposed to mean something?
marvelous senate
  08/03/23
She posts weird shit like that
Charismatic Flatulent Center Organic Girlfriend
  08/03/23


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: Thriller death wish

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: slap-happy corn cake

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: Lascivious crotch weed whacker

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: Fighting lavender office

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: Lascivious crotch weed whacker

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: Spruce Heady Circlehead Area

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: Charismatic Flatulent Center Organic Girlfriend



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



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: curious lime toaster

??? 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: Thriller death wish

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: curious lime toaster

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: aqua laser beams locale

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: onyx coffee pot rehab

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: haunting peach sandwich crackhouse

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: Thriller death wish

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: histrionic church boiling water

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: Thriller death wish

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: histrionic church boiling water

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: Geriatric Ratface

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: histrionic church boiling water

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: Dun aphrodisiac jew

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: curious lime toaster

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: Stimulating bossy locus nibblets

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: mauve main people bawdyhouse

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: slap-happy corn cake

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: vibrant home faggotry

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: Trip regret

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: talented amber range bbw

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: Crystalline mischievous travel guidebook

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: Mentally Impaired Appetizing Menage

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: Crystalline mischievous travel guidebook

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: Mentally Impaired Appetizing Menage

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: slap-happy corn cake

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: Mentally Impaired Appetizing Menage

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: elite spectacular lodge double fault



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



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: frum temple shitlib

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: exciting pit

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: obsidian quadroon scourge upon the earth



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



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: Spruce Heady Circlehead Area



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



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Ruby hall

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: Glittery corner

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: pale provocative twinkling uncleanness lettuce

where?

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



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: aquamarine comical electric furnace

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: Talking yellow field water buffalo

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: Charismatic Flatulent Center Organic Girlfriend



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



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: filthy church building

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: Rough-skinned Mad-dog Skullcap Digit Ratio

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: haunting peach sandwich crackhouse

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: Blathering son of senegal

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: violent gaping

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: Brass arousing chapel

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: laughsome location blood rage

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: Impertinent cerebral heaven



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



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Blathering son of senegal



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



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Date: May 19th, 2022 12:10 PM
Author: Swashbuckling Thirsty New Version Foreskin

Housing will be fine. You misspelled stock market.

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



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Date: May 19th, 2022 12:14 PM
Author: aromatic anal stain juggernaut

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)



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Date: May 19th, 2022 1:42 PM
Author: elite spectacular lodge double fault

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)



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Date: May 19th, 2022 2:43 PM
Author: Thriller death wish

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)



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Date: May 19th, 2022 3:28 PM
Author: haunting peach sandwich crackhouse

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)



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Date: May 19th, 2022 3:30 PM
Author: Mildly autistic shrine

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)



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Date: May 19th, 2022 3:41 PM
Author: haunting peach sandwich crackhouse

Very kind of them.

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



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Date: May 19th, 2022 6:54 PM
Author: histrionic church boiling water



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



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Date: May 19th, 2022 6:59 PM
Author: Crystalline mischievous travel guidebook

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)



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Date: May 19th, 2022 7:07 PM
Author: Mildly autistic shrine

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)



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Date: May 20th, 2022 9:26 AM
Author: Brindle Brunch 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)



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Date: May 22nd, 2022 9:44 AM
Author: pale provocative twinkling uncleanness lettuce



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



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Date: May 19th, 2022 7:01 PM
Author: coral national hunting ground

It's over

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



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Date: May 19th, 2022 7:03 PM
Author: 180 abnormal masturbator

which market are you talking about? re is hyper local

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



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Date: May 19th, 2022 7:06 PM
Author: beady-eyed godawful legend sanctuary

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)



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Date: May 19th, 2022 7:09 PM
Author: Mildly autistic shrine

Dow reference was solid prole tell.

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



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Date: May 19th, 2022 7:10 PM
Author: beady-eyed godawful legend sanctuary

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)



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Date: May 19th, 2022 7:13 PM
Author: Mildly autistic shrine

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)



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Date: May 20th, 2022 12:01 AM
Author: aromatic anal stain juggernaut

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)



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Date: May 19th, 2022 7:13 PM
Author: 180 abnormal masturbator

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)



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Date: May 19th, 2022 11:55 PM
Author: Thriller death wish

It’s over!!!!

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



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Date: May 20th, 2022 9:42 AM
Author: Emerald round eye

(MAF nohousemo wishful thinking)

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



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Date: May 20th, 2022 10:20 AM
Author: Thriller death wish

Harsh but fair

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



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Date: May 20th, 2022 9:49 AM
Author: purple station

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)



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Date: May 20th, 2022 10:55 AM
Author: High-end red stead

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)



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Date: May 21st, 2022 4:33 PM
Author: elite spectacular lodge double fault

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)



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Date: May 22nd, 2022 9:06 AM
Author: talented amber range bbw

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)



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Date: May 22nd, 2022 9:41 AM
Author: Thriller death wish

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)



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Date: May 22nd, 2022 9:45 AM
Author: talented amber range bbw

👌

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



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Date: May 22nd, 2022 9:54 AM
Author: Plum Stage Generalized Bond

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)



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Date: May 22nd, 2022 1:26 PM
Author: elite spectacular lodge double fault

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)



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Date: May 22nd, 2022 1:27 PM
Author: 180 abnormal masturbator

good post -- seems like it's softening

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



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Date: July 21st, 2022 1:29 PM
Author: Thriller death wish



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



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Date: July 21st, 2022 1:30 PM
Author: Charismatic Flatulent Center Organic Girlfriend

new thoughts?

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



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Date: July 21st, 2022 1:31 PM
Author: Mentally Impaired Appetizing Menage

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)



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Date: July 21st, 2022 1:32 PM
Author: Thriller death wish

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)



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Date: July 21st, 2022 1:37 PM
Author: Exhilarant Fishy Set Useless Brakes

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)



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Date: July 21st, 2022 1:31 PM
Author: saffron house

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)



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Date: July 21st, 2022 1:39 PM
Author: talented amber range bbw

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: Thriller death wish



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



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Date: October 25th, 2022 9:45 AM
Author: Misunderstood National Security Agency

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)



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Date: October 25th, 2022 9:52 AM
Author: sooty spot goyim

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)



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Date: May 4th, 2023 3:06 PM
Author: Thriller death wish



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



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Date: May 4th, 2023 3:07 PM
Author: jet-lagged galvanic fat ankles institution

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

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



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Date: June 27th, 2023 11:28 AM
Author: Glassy Bat-shit-crazy Ceo

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)



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Date: August 3rd, 2023 10:20 PM
Author: Rough-skinned Mad-dog Skullcap Digit Ratio

MODS!

That's ImanageCat's house.

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



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Date: June 27th, 2023 11:29 AM
Author: Hairraiser domesticated athletic conference

nohousemos are FUCKED

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



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Date: August 3rd, 2023 10:19 PM
Author: Glassy Bat-shit-crazy Ceo

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)



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Date: August 3rd, 2023 10:34 PM
Author: marvelous senate

Is that supposed to mean something?

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



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Date: August 3rd, 2023 10:48 PM
Author: Charismatic Flatulent Center Organic Girlfriend

She posts weird shit like that

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