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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
federal dilemma
  05/19/22
They didn't win. They will be paying double the interest on...
dashing poppy death wish
  05/19/22
We are paying in cash up front
Nofapping misunderstood church building gunner
  05/19/22
Are u going to be a slumlord?
Wonderful Crystalline Fanboi Fortuitous Meteor
  05/19/22
If we buy a house we will turn my condo into an airbnb
Nofapping misunderstood church building gunner
  05/19/22
dont get too excited, those reductions are on a 40% over val...
Claret Jet-lagged Dysfunction Rehab
  05/20/22
...
Supple Orchid Space Background Story
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
Curious aquamarine field rigor
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
federal dilemma
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
Curious aquamarine field rigor
  05/19/22
Of course, it's a volume business, people are going to cling...
Razzle Sweet Tailpipe Windowlicker
  05/20/22
what do you do after that? if you're leaving the area for...
Passionate cruel-hearted school cafeteria french chef
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Vibrant state mother
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
federal dilemma
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
Laughsome Cumskin
  05/19/22
That seems to be the last viable tactic. List way under and ...
federal dilemma
  05/19/22
But there were 30 bids. OP is overblown.
Laughsome Cumskin
  05/19/22
houses in that range are still selling very quickly. Even ho...
talented confused native
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
Laughsome Cumskin
  05/19/22
lol. homes over $1m still going strong. people are still usi...
misanthropic turquoise genital piercing
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
Curious aquamarine field rigor
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
chestnut internal respiration
  05/19/22
So they're appreciating at the inflation rate. They're ther...
mauve cowardly university
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
dashing poppy death wish
  05/19/22
Eh, tell me why I care about appreciation being “only&...
hairraiser ruddy nursing home cuckoldry
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Flirting Boyish Market
  05/19/22
Not seeing it.
kink-friendly piazza
  05/19/22
The median price of an existing home sold in April was $391,...
Slap-happy vigorous kitty
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
contagious dopamine
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Slap-happy vigorous kitty
  05/19/22
lol @ smart and millennials in the same sentence
contagious dopamine
  05/19/22
2.5% rates were gone by February.
dashing poppy death wish
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
contagious dopamine
  05/19/22
...
Comical sexy church
  05/19/22
Good. Can’t wait for dem lower property taxes.
Narrow-minded striped hyena pit
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Primrose multi-colored tanning salon
  05/19/22
...
Jade electric garrison gaming laptop
  05/19/22
...
Claret Jet-lagged Dysfunction Rehab
  05/20/22
I was wondering how people could afford homes when interest ...
Razzle-dazzle kitchen
  05/19/22
I've noticed practically zero weakness in the real estate ma...
bearded stead preventive strike
  05/19/22
where?
galvanic base partner
  05/19/22
Still selling for over asking in our area but it's taking a ...
mint crackhouse
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Hideous effete area
  05/19/22
...
Supple Orchid Space Background Story
  05/19/22
Who's still handing out subprime mortgages? Lmao
flesh fragrant brethren locus
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
filthy haunted graveyard step-uncle's house
  05/22/22
This is not about housing. "Consumers with low credi...
Vibrant state mother
  05/19/22
exactly. this caused a crash last time because too many subp...
Provocative stock car
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
ocher floppy regret
  05/19/22
why are redditors so poor?
indigo infuriating plaza athletic conference
  05/19/22
they are SO poor
Charismatic Jew
  05/19/22
...
glittery vermilion library sandwich
  05/19/22
...
Provocative stock car
  05/19/22
Housing will be fine. You misspelled stock market.
Razzmatazz people who are hurt orchestra pit
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Tripping racy multi-billionaire ticket booth
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
Comical sexy church
  05/19/22
To the extent there are still brisk sales, that is for the l...
federal dilemma
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Vibrant state mother
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
bateful hunting ground incel
  05/19/22
Very kind of them.
Vibrant state mother
  05/19/22
...
Laughsome Cumskin
  05/19/22
outside of America, home ownership is the exception rather t...
Slap-happy vigorous kitty
  05/19/22
Kids live at their parents’ house in the US as well. ...
bateful hunting ground incel
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Opaque big police squad
  05/20/22
...
galvanic base partner
  05/22/22
It's over
Orange brunch immigrant
  05/19/22
which market are you talking about? re is hyper local
beady-eyed iridescent goal in life
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
bull headed histrionic newt
  05/19/22
Dow reference was solid prole tell.
bateful hunting ground incel
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
bull headed histrionic newt
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
bateful hunting ground incel
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Tripping racy multi-billionaire ticket booth
  05/20/22
larger economic fundamentals are always a relevant input, bu...
beady-eyed iridescent goal in life
  05/19/22
It’s over!!!!
federal dilemma
  05/19/22
(MAF nohousemo wishful thinking)
cordovan dog poop senate
  05/20/22
Harsh but fair
federal dilemma
  05/20/22
there’s a lot more working against a crash than for it...
Yellow home becky
  05/20/22
If you own a home today and are moving and make a topping bi...
Swashbuckling sable theatre rigpig
  05/20/22
I live in an area on the west coast where, just 4 months ago...
Comical sexy church
  05/21/22
OP just wanted to let you know that my House went up in valu...
kink-friendly piazza
  05/22/22
The websites are doing that for web traffic. It’s all ...
federal dilemma
  05/22/22
👌
kink-friendly piazza
  05/22/22
I sure hope so. I want it to burn down hard af.
Pontificating Adventurous Wrinkle
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
Comical sexy church
  05/22/22
good post -- seems like it's softening
beady-eyed iridescent goal in life
  05/22/22
...
federal dilemma
  07/21/22
new thoughts?
Supple Orchid Space Background Story
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
contagious dopamine
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
federal dilemma
  07/21/22
I kind of agree with this for my market. Inventory is defini...
bearded stain selfie
  07/21/22
the u.s. housing market will never go down, let alone crash....
bespoke ape
  07/21/22
Whoa cr. Explain tho
kink-friendly piazza
  07/21/22
...
federal dilemma
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
canary patrolman
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
bistre shrine doctorate
  10/25/22
...
federal dilemma
  05/04/23
Replace "Housing" with "Crypto" and OP w...
aromatic bawdyhouse
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Honey-headed crotch
  06/27/23
MODS! That's ImanageCat's house.
filthy haunted graveyard step-uncle's house
  08/03/23
nohousemos are FUCKED
amber old irish cottage
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Honey-headed crotch
  08/03/23
Is that supposed to mean something?
stirring pale legend voyeur
  08/03/23
She posts weird shit like that
Supple Orchid Space Background Story
  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: federal dilemma

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=5310880",#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: dashing poppy death wish

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=5310880",#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: Nofapping misunderstood church building gunner

We are paying in cash up front

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538195)



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: Wonderful Crystalline Fanboi Fortuitous Meteor

Are u going to be a slumlord?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44539366)



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: Nofapping misunderstood church building gunner

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=5310880",#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: Claret Jet-lagged Dysfunction 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\u0026mark_id=5310880",#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: Supple Orchid Space Background Story



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44537992)



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: Curious aquamarine field rigor

??? 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=5310880",#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: federal dilemma

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=5310880",#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: Curious aquamarine field rigor

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=5310880",#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: Razzle Sweet Tailpipe Windowlicker

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=5310880",#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Passionate cruel-hearted school cafeteria french chef

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\u0026mark_id=5310880",#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: Vibrant state mother

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=5310880",#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: federal dilemma

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=5310880",#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: Laughsome Cumskin

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=5310880",#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: federal dilemma

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=5310880",#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Laughsome Cumskin

But there were 30 bids. OP is overblown.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538032)



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: talented confused native

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\u0026mark_id=5310880",#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: Laughsome Cumskin

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=5310880",#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: misanthropic turquoise genital piercing

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\u0026mark_id=5310880",#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Curious aquamarine field rigor

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=5310880",#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: chestnut internal respiration

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=5310880",#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: mauve cowardly university

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=5310880",#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: dashing poppy death wish

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=5310880",#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: hairraiser ruddy nursing home cuckoldry

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=5310880",#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: Flirting Boyish Market

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=5310880",#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: kink-friendly piazza

Not seeing it.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538034)



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: Slap-happy vigorous kitty

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=5310880",#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: contagious dopamine

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=5310880",#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Slap-happy vigorous kitty

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=5310880",#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: contagious dopamine

lol @ smart and millennials in the same sentence

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538426)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: dashing poppy death wish

2.5% rates were gone by February.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538137)



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: contagious dopamine

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=5310880",#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: Comical sexy church



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44539017)



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Narrow-minded striped hyena pit

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

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538070)



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: Primrose multi-colored tanning salon

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\u0026mark_id=5310880",#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: Jade electric garrison gaming laptop



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44539401)



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: Claret Jet-lagged Dysfunction Rehab



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44543662)



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Razzle-dazzle kitchen

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=5310880",#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: bearded stead preventive strike

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=5310880",#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: galvanic base partner

where?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538138)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: mint crackhouse

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\u0026mark_id=5310880",#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: Hideous effete area

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\u0026mark_id=5310880",#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: Supple Orchid Space Background Story



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538186)



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: flesh fragrant brethren locus

Who's still handing out subprime mortgages? Lmao

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538211)



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: filthy haunted graveyard step-uncle's house

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\u0026mark_id=5310880",#44553101)



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: Vibrant state mother

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\u0026mark_id=5310880",#44538237)



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Date: May 19th, 2022 7:15 PM
Author: Provocative stock car

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\u0026mark_id=5310880",#44540761)



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Date: May 19th, 2022 11:45 AM
Author: ocher floppy regret

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=5310880",#44538206)



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Date: May 19th, 2022 12:04 PM
Author: indigo infuriating plaza athletic conference

why are redditors so poor?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538310)



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Date: May 19th, 2022 12:09 PM
Author: Charismatic Jew

they are SO poor

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538337)



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Date: May 19th, 2022 1:46 PM
Author: glittery vermilion library sandwich



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44539031)



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Date: May 19th, 2022 7:15 PM
Author: Provocative stock car



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44540762)



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Date: May 19th, 2022 12:10 PM
Author: Razzmatazz people who are hurt orchestra pit

Housing will be fine. You misspelled stock market.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44538344)



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Date: May 19th, 2022 12:14 PM
Author: Tripping racy multi-billionaire ticket booth

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\u0026mark_id=5310880",#44538358)



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Date: May 19th, 2022 1:42 PM
Author: Comical sexy church

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=5310880",#44539008)



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Date: May 19th, 2022 2:43 PM
Author: federal dilemma

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=5310880",#44539339)



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Date: May 19th, 2022 3:28 PM
Author: Vibrant state mother

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=5310880",#44539573)



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Date: May 19th, 2022 3:30 PM
Author: bateful hunting ground incel

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=5310880",#44539590)



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Date: May 19th, 2022 3:41 PM
Author: Vibrant state mother

Very kind of them.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44539644)



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Date: May 19th, 2022 6:54 PM
Author: Laughsome Cumskin



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44540676)



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Date: May 19th, 2022 6:59 PM
Author: Slap-happy vigorous kitty

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=5310880",#44540694)



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Date: May 19th, 2022 7:07 PM
Author: bateful hunting ground incel

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\u0026mark_id=5310880",#44540733)



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Date: May 20th, 2022 9:26 AM
Author: Opaque big police squad

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=5310880",#44543341)



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Date: May 22nd, 2022 9:44 AM
Author: galvanic base partner



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44553173)



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Date: May 19th, 2022 7:01 PM
Author: Orange brunch immigrant

It's over

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44540707)



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Date: May 19th, 2022 7:03 PM
Author: beady-eyed iridescent goal in life

which market are you talking about? re is hyper local

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44540718)



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Date: May 19th, 2022 7:06 PM
Author: bull headed histrionic newt

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\u0026mark_id=5310880",#44540731)



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Date: May 19th, 2022 7:09 PM
Author: bateful hunting ground incel

Dow reference was solid prole tell.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44540737)



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Date: May 19th, 2022 7:10 PM
Author: bull headed histrionic newt

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=5310880",#44540747)



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Date: May 19th, 2022 7:13 PM
Author: bateful hunting ground incel

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=5310880",#44540758)



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Date: May 20th, 2022 12:01 AM
Author: Tripping racy multi-billionaire ticket booth

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\u0026mark_id=5310880",#44542361)



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Date: May 19th, 2022 7:13 PM
Author: beady-eyed iridescent goal in life

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=5310880",#44540754)



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Date: May 19th, 2022 11:55 PM
Author: federal dilemma

It’s over!!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44542326)



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Date: May 20th, 2022 9:42 AM
Author: cordovan dog poop senate

(MAF nohousemo wishful thinking)

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44543373)



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Date: May 20th, 2022 10:20 AM
Author: federal dilemma

Harsh but fair

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44543544)



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Date: May 20th, 2022 9:49 AM
Author: Yellow home becky

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\u0026mark_id=5310880",#44543398)



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Date: May 20th, 2022 10:55 AM
Author: Swashbuckling sable theatre rigpig

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\u0026mark_id=5310880",#44543692)



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Date: May 21st, 2022 4:33 PM
Author: Comical sexy church

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\u0026mark_id=5310880",#44550542)



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Date: May 22nd, 2022 9:06 AM
Author: kink-friendly piazza

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=5310880",#44553096)



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Date: May 22nd, 2022 9:41 AM
Author: federal dilemma

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=5310880",#44553162)



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Date: May 22nd, 2022 9:45 AM
Author: kink-friendly piazza

👌

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44553178)



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Date: May 22nd, 2022 9:54 AM
Author: Pontificating Adventurous Wrinkle

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=5310880",#44553202)



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Date: May 22nd, 2022 1:26 PM
Author: Comical sexy church

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\u0026mark_id=5310880",#44554006)



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Date: May 22nd, 2022 1:27 PM
Author: beady-eyed iridescent goal in life

good post -- seems like it's softening

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44554017)



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Date: July 21st, 2022 1:29 PM
Author: federal dilemma



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44888643)



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Date: July 21st, 2022 1:30 PM
Author: Supple Orchid Space Background Story

new thoughts?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44888649)



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Date: July 21st, 2022 1:31 PM
Author: contagious dopamine

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=5310880",#44888656)



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Date: July 21st, 2022 1:32 PM
Author: federal dilemma

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=5310880",#44888667)



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Date: July 21st, 2022 1:37 PM
Author: bearded stain selfie

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\u0026mark_id=5310880",#44888698)



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Date: July 21st, 2022 1:31 PM
Author: bespoke ape

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=5310880",#44888659)



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Date: July 21st, 2022 1:39 PM
Author: kink-friendly piazza

Whoa cr. Explain tho

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#44888722)



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Date: October 25th, 2022 9:41 AM
Author: federal dilemma



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#45386128)



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Date: October 25th, 2022 9:45 AM
Author: canary patrolman

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=5310880",#45386148)



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Date: October 25th, 2022 9:52 AM
Author: bistre shrine doctorate

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=5310880",#45386172)



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Date: May 4th, 2023 3:06 PM
Author: federal dilemma



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46270260)



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Date: May 4th, 2023 3:07 PM
Author: aromatic bawdyhouse

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

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46270264)



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Date: June 27th, 2023 11:28 AM
Author: Honey-headed crotch

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\u0026mark_id=5310880",#46479253)



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Date: August 3rd, 2023 10:20 PM
Author: filthy haunted graveyard step-uncle's house

MODS!

That's ImanageCat's house.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46627566)



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Date: June 27th, 2023 11:29 AM
Author: amber old irish cottage

nohousemos are FUCKED

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46479256)



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Date: August 3rd, 2023 10:19 PM
Author: Honey-headed crotch

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\u0026mark_id=5310880",#46627561)



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Date: August 3rd, 2023 10:34 PM
Author: stirring pale legend voyeur

Is that supposed to mean something?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46627602)



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Date: August 3rd, 2023 10:48 PM
Author: Supple Orchid Space Background Story

She posts weird shit like that

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#46627641)



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



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310880",#49499747)



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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\u0026mark_id=5310880",#49499760)



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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\u0026mark_id=5310880",#49499764)



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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\u0026mark_id=5310880",#49499766)