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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
Mind-boggling Godawful Love Of Her Life
  05/19/22
They didn't win. They will be paying double the interest on...
bull headed multi-colored address tattoo
  05/19/22
We are paying in cash up front
insane confused macaca
  05/19/22
Are u going to be a slumlord?
Sapphire Sanctuary
  05/19/22
If we buy a house we will turn my condo into an airbnb
insane confused macaca
  05/19/22
dont get too excited, those reductions are on a 40% over val...
razzle public bath
  05/20/22
...
lascivious garrison
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
seedy stirring resort stock car
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
Mind-boggling Godawful Love Of Her Life
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
seedy stirring resort stock car
  05/19/22
Of course, it's a volume business, people are going to cling...
Henna library
  05/20/22
what do you do after that? if you're leaving the area for...
Talented sweet tailpipe
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Spruce Prole
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
Mind-boggling Godawful Love Of Her Life
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
Turquoise dashing field
  05/19/22
That seems to be the last viable tactic. List way under and ...
Mind-boggling Godawful Love Of Her Life
  05/19/22
But there were 30 bids. OP is overblown.
Turquoise dashing field
  05/19/22
houses in that range are still selling very quickly. Even ho...
bistre therapy jewess
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
Turquoise dashing field
  05/19/22
lol. homes over $1m still going strong. people are still usi...
odious hell liquid oxygen
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
seedy stirring resort stock car
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
light digit ratio cuckold
  05/19/22
So they're appreciating at the inflation rate. They're ther...
Mint Ratface Bbw
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
bull headed multi-colored address tattoo
  05/19/22
Eh, tell me why I care about appreciation being “only&...
Diverse chocolate roommate black woman
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Thriller toilet seat athletic conference
  05/19/22
Not seeing it.
Swashbuckling preventive strike stage
  05/19/22
The median price of an existing home sold in April was $391,...
Hideous bearded site community account
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
hairless anal international law enforcement agency idea he suggested
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Hideous bearded site community account
  05/19/22
lol @ smart and millennials in the same sentence
hairless anal international law enforcement agency idea he suggested
  05/19/22
2.5% rates were gone by February.
bull headed multi-colored address tattoo
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
hairless anal international law enforcement agency idea he suggested
  05/19/22
...
disrespectful peach pit mad-dog skullcap
  05/19/22
Good. Can’t wait for dem lower property taxes.
Maroon Motley School Cafeteria
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Sooty Abnormal Parlor Degenerate
  05/19/22
...
bisexual keepsake machete gaping
  05/19/22
...
razzle public bath
  05/20/22
I was wondering how people could afford homes when interest ...
vermilion fragrant shitlib
  05/19/22
I've noticed practically zero weakness in the real estate ma...
big chrome theater stage generalized bond
  05/19/22
where?
Cyan sex offender
  05/19/22
Still selling for over asking in our area but it's taking a ...
misunderstood mother
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
smoky coiffed institution
  05/19/22
...
lascivious garrison
  05/19/22
Who's still handing out subprime mortgages? Lmao
Ebony Plaza Pistol
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
jet-lagged transparent dog poop selfie
  05/22/22
This is not about housing. "Consumers with low credi...
Spruce Prole
  05/19/22
exactly. this caused a crash last time because too many subp...
claret clown haunted graveyard
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
Twinkling main people heaven
  05/19/22
why are redditors so poor?
Passionate talking antidepressant drug
  05/19/22
they are SO poor
submissive principal's office marketing idea
  05/19/22
...
apoplectic burgundy theater
  05/19/22
...
claret clown haunted graveyard
  05/19/22
Housing will be fine. You misspelled stock market.
Excitant Rebellious Lay Goyim
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
cracking area
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
disrespectful peach pit mad-dog skullcap
  05/19/22
To the extent there are still brisk sales, that is for the l...
Mind-boggling Godawful Love Of Her Life
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Spruce Prole
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
fluffy violent depressive
  05/19/22
Very kind of them.
Spruce Prole
  05/19/22
...
Turquoise dashing field
  05/19/22
outside of America, home ownership is the exception rather t...
Hideous bearded site community account
  05/19/22
Kids live at their parents’ house in the US as well. ...
fluffy violent depressive
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Embarrassed to the bone codepig
  05/20/22
...
Cyan sex offender
  05/22/22
It's over
electric ceo lodge
  05/19/22
which market are you talking about? re is hyper local
sticky dingle berry
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
180 angry spot masturbator
  05/19/22
Dow reference was solid prole tell.
fluffy violent depressive
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
180 angry spot masturbator
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
fluffy violent depressive
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
cracking area
  05/20/22
larger economic fundamentals are always a relevant input, bu...
sticky dingle berry
  05/19/22
It’s over!!!!
Mind-boggling Godawful Love Of Her Life
  05/19/22
(MAF nohousemo wishful thinking)
Green spectacular trump supporter box office
  05/20/22
Harsh but fair
Mind-boggling Godawful Love Of Her Life
  05/20/22
there’s a lot more working against a crash than for it...
Rusted Kitty
  05/20/22
If you own a home today and are moving and make a topping bi...
Provocative rehab
  05/20/22
I live in an area on the west coast where, just 4 months ago...
disrespectful peach pit mad-dog skullcap
  05/21/22
OP just wanted to let you know that my House went up in valu...
Swashbuckling preventive strike stage
  05/22/22
The websites are doing that for web traffic. It’s all ...
Mind-boggling Godawful Love Of Her Life
  05/22/22
👌
Swashbuckling preventive strike stage
  05/22/22
I sure hope so. I want it to burn down hard af.
lemon point trust fund
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
disrespectful peach pit mad-dog skullcap
  05/22/22
good post -- seems like it's softening
sticky dingle berry
  05/22/22
...
Mind-boggling Godawful Love Of Her Life
  07/21/22
new thoughts?
lascivious garrison
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
hairless anal international law enforcement agency idea he suggested
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
Mind-boggling Godawful Love Of Her Life
  07/21/22
I kind of agree with this for my market. Inventory is defini...
maize bat shit crazy newt trailer park
  07/21/22
the u.s. housing market will never go down, let alone crash....
Well-lubricated Space
  07/21/22
Whoa cr. Explain tho
Swashbuckling preventive strike stage
  07/21/22
...
Mind-boggling Godawful Love Of Her Life
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
Comical university
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
Frozen Razzmatazz Tank
  10/25/22
...
Mind-boggling Godawful Love Of Her Life
  05/04/23
Replace "Housing" with "Crypto" and OP w...
beady-eyed hairy legs
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
nighttime stage doctorate
  06/27/23
MODS! That's ImanageCat's house.
jet-lagged transparent dog poop selfie
  08/03/23
nohousemos are FUCKED
Heady mischievous wrinkle
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
nighttime stage doctorate
  08/03/23
Is that supposed to mean something?
Azure flatulent crackhouse
  08/03/23
She posts weird shit like that
lascivious garrison
  08/03/23
...
Mind-boggling Godawful Love Of Her Life
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
Effete center
  12/10/25
there are no young people who want to drive 45 minutes to an...
histrionic buff turdskin nursing home
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
Aphrodisiac walnut office azn
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: bull headed multi-colored address tattoo

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=5310911",#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: insane confused macaca

We are paying in cash up front

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538195)



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: Sapphire Sanctuary

Are u going to be a slumlord?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44539366)



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: insane confused macaca

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=5310911",#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: razzle public bath

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=5310911",#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: lascivious garrison



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44537992)



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: seedy stirring resort stock car

??? 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=5310911",#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: seedy stirring resort stock car

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=5310911",#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: Henna library

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=5310911",#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Talented sweet tailpipe

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=5310911",#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: Spruce Prole

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=5310911",#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: Turquoise dashing field

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=5310911",#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Turquoise dashing field

But there were 30 bids. OP is overblown.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538032)



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: bistre therapy jewess

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=5310911",#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: Turquoise dashing field

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=5310911",#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: odious hell liquid oxygen

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=5310911",#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: seedy stirring resort stock car

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=5310911",#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: light digit ratio cuckold

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=5310911",#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Mint Ratface Bbw

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=5310911",#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: bull headed multi-colored address tattoo

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=5310911",#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: Diverse chocolate roommate black woman

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=5310911",#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: Thriller toilet seat athletic conference

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=5310911",#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Swashbuckling preventive strike stage

Not seeing it.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538034)



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: Hideous bearded site community account

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=5310911",#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: hairless anal international law enforcement agency idea he suggested

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=5310911",#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Hideous bearded site community account

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=5310911",#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: hairless anal international law enforcement agency idea he suggested

lol @ smart and millennials in the same sentence

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538426)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: bull headed multi-colored address tattoo

2.5% rates were gone by February.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538137)



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: hairless anal international law enforcement agency idea he suggested

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=5310911",#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: disrespectful peach pit mad-dog skullcap



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44539017)



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Maroon Motley School Cafeteria

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

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538070)



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: Sooty Abnormal Parlor Degenerate

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=5310911",#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: bisexual keepsake machete gaping



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44539401)



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: razzle public bath



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44543662)



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: vermilion fragrant shitlib

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=5310911",#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: big chrome theater stage generalized bond

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=5310911",#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Cyan sex offender

where?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538138)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: misunderstood mother

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=5310911",#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: smoky coiffed institution

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=5310911",#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: lascivious garrison



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538186)



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: Ebony Plaza Pistol

Who's still handing out subprime mortgages? Lmao

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538211)



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: jet-lagged transparent dog poop selfie

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=5310911",#44553101)



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Date: May 19th, 2022 11:49 AM
Author: Spruce Prole

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=5310911",#44538237)



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Date: May 19th, 2022 7:15 PM
Author: claret clown haunted graveyard

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=5310911",#44540761)



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Date: May 19th, 2022 11:45 AM
Author: Twinkling main people heaven

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=5310911",#44538206)



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Date: May 19th, 2022 12:04 PM
Author: Passionate talking antidepressant drug

why are redditors so poor?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538310)



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Date: May 19th, 2022 12:09 PM
Author: submissive principal's office marketing idea

they are SO poor

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538337)



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Date: May 19th, 2022 1:46 PM
Author: apoplectic burgundy theater



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44539031)



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Date: May 19th, 2022 7:15 PM
Author: claret clown haunted graveyard



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44540762)



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Date: May 19th, 2022 12:10 PM
Author: Excitant Rebellious Lay Goyim

Housing will be fine. You misspelled stock market.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44538344)



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Date: May 19th, 2022 12:14 PM
Author: cracking area

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=5310911",#44538358)



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Date: May 19th, 2022 1:42 PM
Author: disrespectful peach pit mad-dog skullcap

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=5310911",#44539008)



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Date: May 19th, 2022 2:43 PM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44539339)



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Date: May 19th, 2022 3:28 PM
Author: Spruce Prole

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=5310911",#44539573)



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Date: May 19th, 2022 3:30 PM
Author: fluffy violent depressive

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=5310911",#44539590)



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Date: May 19th, 2022 3:41 PM
Author: Spruce Prole

Very kind of them.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44539644)



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Date: May 19th, 2022 6:54 PM
Author: Turquoise dashing field



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44540676)



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Date: May 19th, 2022 6:59 PM
Author: Hideous bearded site community account

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=5310911",#44540694)



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Date: May 19th, 2022 7:07 PM
Author: fluffy violent depressive

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=5310911",#44540733)



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Date: May 20th, 2022 9:26 AM
Author: Embarrassed to the bone codepig

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=5310911",#44543341)



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Date: May 22nd, 2022 9:44 AM
Author: Cyan sex offender



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44553173)



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Date: May 19th, 2022 7:01 PM
Author: electric ceo lodge

It's over

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44540707)



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Date: May 19th, 2022 7:03 PM
Author: sticky dingle berry

which market are you talking about? re is hyper local

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44540718)



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Date: May 19th, 2022 7:06 PM
Author: 180 angry spot masturbator

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=5310911",#44540731)



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Date: May 19th, 2022 7:09 PM
Author: fluffy violent depressive

Dow reference was solid prole tell.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44540737)



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Date: May 19th, 2022 7:10 PM
Author: 180 angry spot masturbator

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=5310911",#44540747)



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Date: May 19th, 2022 7:13 PM
Author: fluffy violent depressive

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=5310911",#44540758)



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Date: May 20th, 2022 12:01 AM
Author: cracking area

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=5310911",#44542361)



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Date: May 19th, 2022 7:13 PM
Author: sticky dingle berry

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=5310911",#44540754)



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Date: May 19th, 2022 11:55 PM
Author: Mind-boggling Godawful Love Of Her Life

It’s over!!!!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44542326)



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Date: May 20th, 2022 9:42 AM
Author: Green spectacular trump supporter box office

(MAF nohousemo wishful thinking)

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44543373)



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Date: May 20th, 2022 10:20 AM
Author: Mind-boggling Godawful Love Of Her Life

Harsh but fair

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44543544)



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Date: May 20th, 2022 9:49 AM
Author: Rusted Kitty

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=5310911",#44543398)



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Date: May 20th, 2022 10:55 AM
Author: Provocative rehab

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=5310911",#44543692)



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Date: May 21st, 2022 4:33 PM
Author: disrespectful peach pit mad-dog skullcap

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=5310911",#44550542)



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Date: May 22nd, 2022 9:06 AM
Author: Swashbuckling preventive strike stage

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=5310911",#44553096)



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Date: May 22nd, 2022 9:41 AM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44553162)



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Date: May 22nd, 2022 9:45 AM
Author: Swashbuckling preventive strike stage

👌

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44553178)



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Date: May 22nd, 2022 9:54 AM
Author: lemon point trust fund

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=5310911",#44553202)



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Date: May 22nd, 2022 1:26 PM
Author: disrespectful peach pit mad-dog skullcap

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=5310911",#44554006)



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Date: May 22nd, 2022 1:27 PM
Author: sticky dingle berry

good post -- seems like it's softening

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44554017)



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Date: July 21st, 2022 1:29 PM
Author: Mind-boggling Godawful Love Of Her Life



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44888643)



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Date: July 21st, 2022 1:30 PM
Author: lascivious garrison

new thoughts?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44888649)



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Date: July 21st, 2022 1:31 PM
Author: hairless anal international law enforcement agency idea he suggested

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=5310911",#44888656)



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Date: July 21st, 2022 1:32 PM
Author: Mind-boggling Godawful Love Of Her Life

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=5310911",#44888667)



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Date: July 21st, 2022 1:37 PM
Author: maize bat shit crazy newt trailer park

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=5310911",#44888698)



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Date: July 21st, 2022 1:31 PM
Author: Well-lubricated Space

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=5310911",#44888659)



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Date: July 21st, 2022 1:39 PM
Author: Swashbuckling preventive strike stage

Whoa cr. Explain tho

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#44888722)



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Date: October 25th, 2022 9:41 AM
Author: Mind-boggling Godawful Love Of Her Life



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#45386128)



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Date: October 25th, 2022 9:45 AM
Author: Comical university

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=5310911",#45386148)



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Date: October 25th, 2022 9:52 AM
Author: Frozen Razzmatazz Tank

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=5310911",#45386172)



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Date: May 4th, 2023 3:06 PM
Author: Mind-boggling Godawful Love Of Her Life



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46270260)



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Date: May 4th, 2023 3:07 PM
Author: beady-eyed hairy legs

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

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46270264)



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Date: June 27th, 2023 11:28 AM
Author: nighttime stage doctorate

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=5310911",#46479253)



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Date: August 3rd, 2023 10:20 PM
Author: jet-lagged transparent dog poop selfie

MODS!

That's ImanageCat's house.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46627566)



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Date: June 27th, 2023 11:29 AM
Author: Heady mischievous wrinkle

nohousemos are FUCKED

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46479256)



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Date: August 3rd, 2023 10:19 PM
Author: nighttime stage doctorate

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=5310911",#46627561)



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Date: August 3rd, 2023 10:34 PM
Author: Azure flatulent crackhouse

Is that supposed to mean something?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46627602)



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Date: August 3rd, 2023 10:48 PM
Author: lascivious garrison

She posts weird shit like that

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#46627641)



Reply Favorite

Date: December 10th, 2025 1:59 PM
Author: Mind-boggling Godawful Love Of Her Life



(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2\u0026mark_id=5310911",#49499747)



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Date: December 10th, 2025 2:00 PM
Author: Effete center

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=5310911",#49499760)



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Date: December 10th, 2025 2:02 PM
Author: histrionic buff turdskin nursing home

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=5310911",#49499764)



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Date: December 10th, 2025 2:02 PM
Author: Aphrodisiac walnut office azn

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=5310911",#49499766)