The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Housing market is in the beginning of an epic crash 💥
Poast new message in this thread
Date: May 19th, 2022 11:02 AM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44537991) |
 |
Date: May 19th, 2022 11:31 AM Author: buff impressive skinny woman persian 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\u0026mark_id=4973486#44538130) |
|
Date: May 19th, 2022 11:43 AM Author: ocher selfie nursing home We are paying in cash up front (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538195) |
|
Date: May 19th, 2022 2:48 PM Author: thriller macaca Are u going to be a slumlord? (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44539366) |
|
Date: May 19th, 2022 6:00 PM Author: ocher selfie nursing home 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\u0026mark_id=4973486#44540453) |
|
Date: May 20th, 2022 10:46 AM Author: Crusty splenetic state party of the first part 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\u0026mark_id=4973486#44543638) |
Date: May 19th, 2022 11:02 AM Author: shimmering friendly grandma parlour (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44537992) |
|
Date: May 19th, 2022 11:03 AM Author: insecure bateful hominid ratface ??? 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\u0026mark_id=4973486#44537996) |
|
Date: May 19th, 2022 11:05 AM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44538007) |
|
Date: May 19th, 2022 11:10 AM Author: insecure bateful hominid ratface 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\u0026mark_id=4973486#44538029) |
|
Date: May 20th, 2022 9:19 AM Author: startling salmon famous landscape painting corner 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\u0026mark_id=4973486#44543316) |
|
Date: May 19th, 2022 11:27 AM Author: irate costumed dilemma 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 |
|
Date: May 19th, 2022 11:48 AM Author: Up-to-no-good vivacious heaven knife 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\u0026mark_id=4973486#44538232) |
|
Date: May 19th, 2022 11:04 AM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44538000) |
|
Date: May 19th, 2022 11:04 AM Author: Hairraiser flatulent native brethren 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\u0026mark_id=4973486#44538001) |
|
Date: May 19th, 2022 11:06 AM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44538011) |
|
Date: May 19th, 2022 11:11 AM Author: Hairraiser flatulent native brethren But there were 30 bids. OP is overblown. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538032) |
|
Date: May 19th, 2022 1:47 PM Author: slap-happy stain 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. |
|
Date: May 19th, 2022 2:53 PM Author: Hairraiser flatulent native brethren 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\u0026mark_id=4973486#44539387) |
|
Date: May 19th, 2022 11:08 AM Author: floppy soggy dragon 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 |
|
Date: May 19th, 2022 11:11 AM Author: insecure bateful hominid ratface 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\u0026mark_id=4973486#44538035) |
|
Date: May 19th, 2022 11:10 AM Author: Lascivious cocky principal's office mexican 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\u0026mark_id=4973486#44538026) |
|
Date: May 19th, 2022 11:11 AM Author: turquoise alcoholic spot jew 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\u0026mark_id=4973486#44538031) |
|
Date: May 19th, 2022 11:33 AM Author: buff impressive skinny woman persian 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\u0026mark_id=4973486#44538135) |
|
Date: May 22nd, 2022 9:36 AM Author: Geriatric roommate 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\u0026mark_id=4973486#44553150) |
|
Date: May 19th, 2022 6:43 PM Author: magenta fear-inspiring telephone 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\u0026mark_id=4973486#44540633) |
|
Date: May 19th, 2022 11:11 AM Author: comical walnut resort windowlicker Not seeing it. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538034) |
|
Date: May 19th, 2022 11:15 AM Author: Ivory tattoo 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\u0026mark_id=4973486#44538052) |
|
Date: May 19th, 2022 11:21 AM Author: razzle-dazzle doobsian range 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\u0026mark_id=4973486#44538085) |
|
Date: May 19th, 2022 11:27 AM Author: Ivory tattoo 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\u0026mark_id=4973486#44538118) |
|
Date: May 19th, 2022 12:24 PM Author: razzle-dazzle doobsian range lol @ smart and millennials in the same sentence (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538426) |
|
Date: May 19th, 2022 11:33 AM Author: buff impressive skinny woman persian 2.5% rates were gone by February. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538137) |
|
Date: May 19th, 2022 12:25 PM Author: razzle-dazzle doobsian range 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\u0026mark_id=4973486#44538427) |
|
Date: May 19th, 2022 1:44 PM Author: Onyx public bath (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44539017) |
|
Date: May 19th, 2022 11:18 AM Author: copper menage Good. Can’t wait for dem lower property taxes. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538070) |
|
Date: May 19th, 2022 11:23 AM Author: Yellow multi-billionaire stock car 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 |
|
Date: May 19th, 2022 2:56 PM Author: Exhilarant market private investor (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44539401) |
|
Date: May 20th, 2022 10:49 AM Author: Crusty splenetic state party of the first part (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44543662) |
|
Date: May 19th, 2022 11:26 AM Author: cracking boiling water 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\u0026mark_id=4973486#44538113) |
|
Date: May 19th, 2022 11:28 AM Author: supple tank forum 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\u0026mark_id=4973486#44538122) |
|
Date: May 19th, 2022 11:34 AM Author: boyish useless police squad university where? (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538138) |
|
Date: May 19th, 2022 11:34 AM Author: Razzle hilarious foreskin sneaky criminal 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). |
|
Date: May 19th, 2022 11:35 AM Author: chest-beating sweet tailpipe toilet seat https://www.wsj.com/articles/more-subprime-borrowers-are-missing-loan-payments-11652952602
we're in for a crash |
|
Date: May 19th, 2022 11:41 AM Author: shimmering friendly grandma parlour (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538186) |
|
Date: May 19th, 2022 11:46 AM Author: Shaky glittery church building Who's still handing out subprime mortgages? Lmao (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538211) |
|
Date: May 22nd, 2022 9:13 AM Author: maroon frum ticket booth 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. |
|
Date: May 19th, 2022 11:49 AM Author: Up-to-no-good vivacious heaven knife 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." |
|
Date: May 19th, 2022 7:15 PM Author: smoky passionate lay juggernaut 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. |
|
Date: May 19th, 2022 11:45 AM Author: Odious wagecucks 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\u0026mark_id=4973486#44538206) |
|
Date: May 19th, 2022 12:04 PM Author: swashbuckling narrow-minded step-uncle's house why are redditors so poor? (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538310) |
|
Date: May 19th, 2022 12:09 PM Author: diverse personal credit line they are SO poor (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538337) |
|
Date: May 19th, 2022 1:46 PM Author: charcoal old irish cottage (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44539031) |
|
Date: May 19th, 2022 7:15 PM Author: smoky passionate lay juggernaut (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44540762) |
|
Date: May 19th, 2022 12:10 PM Author: Excitant theater stage wrinkle Housing will be fine. You misspelled stock market. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44538344) |
|
Date: May 19th, 2022 12:14 PM Author: Angry hairless ladyboy boistinker 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! |
|
Date: May 19th, 2022 1:42 PM Author: Onyx public bath 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\u0026mark_id=4973486#44539008) |
|
Date: May 19th, 2022 2:43 PM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44539339) |
|
Date: May 19th, 2022 3:28 PM Author: Up-to-no-good vivacious heaven knife 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\u0026mark_id=4973486#44539573) |
|
Date: May 19th, 2022 3:30 PM Author: milky fortuitous meteor dingle berry 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\u0026mark_id=4973486#44539590) |
|
Date: May 19th, 2022 3:41 PM Author: Up-to-no-good vivacious heaven knife Very kind of them. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44539644) |
|
Date: May 19th, 2022 6:54 PM Author: Hairraiser flatulent native brethren (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44540676) |
|
Date: May 19th, 2022 6:59 PM Author: Ivory tattoo 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\u0026mark_id=4973486#44540694) |
|
Date: May 19th, 2022 7:07 PM Author: milky fortuitous meteor dingle berry 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. |
|
Date: May 20th, 2022 9:26 AM Author: Mildly autistic chocolate digit ratio 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\u0026mark_id=4973486#44543341) |
|
Date: May 22nd, 2022 9:44 AM Author: boyish useless police squad university (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44553173) |
|
Date: May 19th, 2022 7:01 PM Author: Bipolar Chartreuse Generalized Bond It's over (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44540707) |
|
Date: May 19th, 2022 7:03 PM Author: Olive bat shit crazy school cafeteria which market are you talking about? re is hyper local (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44540718) |
|
Date: May 19th, 2022 7:06 PM Author: Crimson casino 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! |
|
Date: May 19th, 2022 7:09 PM Author: milky fortuitous meteor dingle berry Dow reference was solid prole tell. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44540737) |
|
Date: May 19th, 2022 7:10 PM Author: Crimson casino 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\u0026mark_id=4973486#44540747) |
|
Date: May 19th, 2022 7:13 PM Author: milky fortuitous meteor dingle berry 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\u0026mark_id=4973486#44540758) |
|
Date: May 20th, 2022 12:01 AM Author: Angry hairless ladyboy boistinker 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. |
|
Date: May 19th, 2022 7:13 PM Author: Olive bat shit crazy school cafeteria 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\u0026mark_id=4973486#44540754) |
|
Date: May 19th, 2022 11:55 PM Author: Impertinent Adventurous Therapy It’s over!!!! (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44542326) |
|
Date: May 20th, 2022 9:42 AM Author: soul-stirring unholy garrison (MAF nohousemo wishful thinking) (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44543373) |
|
Date: May 20th, 2022 10:20 AM Author: Impertinent Adventurous Therapy Harsh but fair (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44543544) |
|
Date: May 20th, 2022 9:49 AM Author: Drab fragrant cruise ship 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 |
|
Date: May 20th, 2022 10:55 AM Author: Underhanded heady brunch 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. |
|
Date: May 21st, 2022 4:33 PM Author: Onyx public bath 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 😎 |
|
Date: May 22nd, 2022 9:06 AM Author: comical walnut resort windowlicker 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\u0026mark_id=4973486#44553096) |
|
Date: May 22nd, 2022 9:41 AM Author: Impertinent Adventurous Therapy The websites are doing that for web traffic. It’s all illusory (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44553162) |
|
Date: May 22nd, 2022 9:45 AM Author: comical walnut resort windowlicker 👌 (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44553178) |
|
Date: May 22nd, 2022 9:54 AM Author: Stirring pontificating home I sure hope so. I want it to burn down hard af. (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44553202) |
|
Date: May 22nd, 2022 1:26 PM Author: Onyx public bath 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 |
|
Date: May 22nd, 2022 1:27 PM Author: Olive bat shit crazy school cafeteria good post -- seems like it's softening (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44554017) |
|
Date: July 21st, 2022 1:29 PM Author: Impertinent Adventurous Therapy (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44888643) |
|
Date: July 21st, 2022 1:30 PM Author: shimmering friendly grandma parlour new thoughts? (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44888649) |
|
Date: July 21st, 2022 1:31 PM Author: razzle-dazzle doobsian range 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\u0026mark_id=4973486#44888656) |
|
Date: July 21st, 2022 1:32 PM Author: Impertinent Adventurous Therapy 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\u0026mark_id=4973486#44888667) |
|
Date: July 21st, 2022 1:37 PM Author: rose bonkers station 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. |
|
Date: July 21st, 2022 1:31 PM Author: wonderful preventive strike 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\u0026mark_id=4973486#44888659) |
|
Date: July 21st, 2022 1:39 PM Author: comical walnut resort windowlicker Whoa cr. Explain tho (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#44888722) |
|
Date: October 25th, 2022 9:41 AM Author: Impertinent Adventurous Therapy (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#45386128) |
|
Date: October 25th, 2022 9:45 AM Author: beady-eyed chapel 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\u0026mark_id=4973486#45386148) |
|
Date: October 25th, 2022 9:52 AM Author: fiercely-loyal house double fault 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\u0026mark_id=4973486#45386172) |
|
Date: May 4th, 2023 3:06 PM Author: Impertinent Adventurous Therapy (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#46270260) |
|
Date: May 4th, 2023 3:07 PM Author: Amethyst marvelous stead Replace "Housing" with "Crypto" and OP was spot on!!! (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#46270264) |
|
Date: June 27th, 2023 11:28 AM Author: thirsty love of her life Wow totally crashing!
https://www.cnbc.com/amp/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html |
|
Date: August 3rd, 2023 10:20 PM Author: maroon frum ticket booth MODS!
That's ImanageCat's house. |
|
Date: June 27th, 2023 11:29 AM Author: Mind-boggling gaped faggotry affirmative action nohousemos are FUCKED (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#46479256) |
|
Date: August 3rd, 2023 10:19 PM Author: thirsty love of her life OMG, can’t believe how much it has crashed!!!
https://redf.in/IpKgJA |
|
Date: August 3rd, 2023 10:34 PM Author: disrespectful elastic band Is that supposed to mean something? (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#46627602) |
|
Date: August 3rd, 2023 10:48 PM Author: shimmering friendly grandma parlour She posts weird shit like that (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#46627641) |
|
Date: December 10th, 2025 1:59 PM Author: Impertinent Adventurous Therapy (http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=4973486#49499747) |
|
Date: December 10th, 2025 2:00 PM Author: Histrionic rambunctious site 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\u0026mark_id=4973486#49499760) |
|
Date: December 10th, 2025 2:02 PM Author: Laughsome Internal Respiration 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\u0026mark_id=4973486#49499764) |
|
Date: December 10th, 2025 2:02 PM Author: trip mustard bawdyhouse psychic 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. |