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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
twinkling location dingle berry
  05/19/22
They didn't win. They will be paying double the interest on...
Autistic water buffalo
  05/19/22
We are paying in cash up front
Azure Beady-eyed Hall
  05/19/22
Are u going to be a slumlord?
Erotic cruise ship
  05/19/22
If we buy a house we will turn my condo into an airbnb
Azure Beady-eyed Hall
  05/19/22
dont get too excited, those reductions are on a 40% over val...
Hideous locus
  05/20/22
...
mauve headpube chad
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
henna parlor incel
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
twinkling location dingle berry
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
henna parlor incel
  05/19/22
Of course, it's a volume business, people are going to cling...
Gold charismatic theater
  05/20/22
what do you do after that? if you're leaving the area for...
Bat-shit-crazy locale
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Aphrodisiac ceo address
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
twinkling location dingle berry
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
claret persian
  05/19/22
That seems to be the last viable tactic. List way under and ...
twinkling location dingle berry
  05/19/22
But there were 30 bids. OP is overblown.
claret persian
  05/19/22
houses in that range are still selling very quickly. Even ho...
indigo son of senegal
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
claret persian
  05/19/22
lol. homes over $1m still going strong. people are still usi...
Dashing range
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
henna parlor incel
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
blathering tripping step-uncle's house
  05/19/22
So they're appreciating at the inflation rate. They're ther...
Swashbuckling Dull Meetinghouse Stain
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
Autistic water buffalo
  05/19/22
Eh, tell me why I care about appreciation being “only&...
Insecure Pocket Flask Digit Ratio
  05/22/22
You’re delusional. Asset prices are down 20% across th...
sable glittery trust fund pervert
  05/19/22
Not seeing it.
Violent soggy resort bbw
  05/19/22
The median price of an existing home sold in April was $391,...
Awkward territorial deer antler turdskin
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
walnut boltzmann
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Awkward territorial deer antler turdskin
  05/19/22
lol @ smart and millennials in the same sentence
walnut boltzmann
  05/19/22
2.5% rates were gone by February.
Autistic water buffalo
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
walnut boltzmann
  05/19/22
...
At-the-ready new version
  05/19/22
Good. Can’t wait for dem lower property taxes.
Comical university corn cake
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Mind-boggling yellow mad cow disease
  05/19/22
...
Red stage therapy
  05/19/22
...
Hideous locus
  05/20/22
I was wondering how people could afford homes when interest ...
hateful diverse field death wish
  05/19/22
I've noticed practically zero weakness in the real estate ma...
bull headed center
  05/19/22
where?
demanding 180 theater stage
  05/19/22
Still selling for over asking in our area but it's taking a ...
Marvelous splenetic abode
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Spruce Cerebral House
  05/19/22
...
mauve headpube chad
  05/19/22
Who's still handing out subprime mortgages? Lmao
Bisexual insane site hairy legs
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
razzle-dazzle chest-beating toaster
  05/22/22
This is not about housing. "Consumers with low credi...
Aphrodisiac ceo address
  05/19/22
exactly. this caused a crash last time because too many subp...
Federal passionate sanctuary
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
Emerald godawful home
  05/19/22
why are redditors so poor?
Boyish Nubile Native
  05/19/22
they are SO poor
adventurous flickering gaming laptop theatre
  05/19/22
...
Amethyst newt bawdyhouse
  05/19/22
...
Federal passionate sanctuary
  05/19/22
Housing will be fine. You misspelled stock market.
green degenerate box office
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
zombie-like dead messiness lay
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
At-the-ready new version
  05/19/22
To the extent there are still brisk sales, that is for the l...
twinkling location dingle berry
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Aphrodisiac ceo address
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
Bronze Boistinker Antidepressant Drug
  05/19/22
Very kind of them.
Aphrodisiac ceo address
  05/19/22
...
claret persian
  05/19/22
outside of America, home ownership is the exception rather t...
Awkward territorial deer antler turdskin
  05/19/22
Kids live at their parents’ house in the US as well. ...
Bronze Boistinker Antidepressant Drug
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
Violent cobalt heaven black woman
  05/20/22
...
demanding 180 theater stage
  05/22/22
It's over
lascivious carmine temple
  05/19/22
which market are you talking about? re is hyper local
Geriatric institution
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
vigorous balding organic girlfriend internal respiration
  05/19/22
Dow reference was solid prole tell.
Bronze Boistinker Antidepressant Drug
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
vigorous balding organic girlfriend internal respiration
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
Bronze Boistinker Antidepressant Drug
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
zombie-like dead messiness lay
  05/20/22
larger economic fundamentals are always a relevant input, bu...
Geriatric institution
  05/19/22
It’s over!!!!
twinkling location dingle berry
  05/19/22
(MAF nohousemo wishful thinking)
Sticky piazza striped hyena
  05/20/22
Harsh but fair
twinkling location dingle berry
  05/20/22
there’s a lot more working against a crash than for it...
Motley office quadroon
  05/20/22
If you own a home today and are moving and make a topping bi...
Excitant Big-titted Immigrant Really Tough Guy
  05/20/22
I live in an area on the west coast where, just 4 months ago...
At-the-ready new version
  05/21/22
OP just wanted to let you know that my House went up in valu...
Violent soggy resort bbw
  05/22/22
The websites are doing that for web traffic. It’s all ...
twinkling location dingle berry
  05/22/22
👌
Violent soggy resort bbw
  05/22/22
I sure hope so. I want it to burn down hard af.
cracking milky knife
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
At-the-ready new version
  05/22/22
good post -- seems like it's softening
Geriatric institution
  05/22/22
...
twinkling location dingle berry
  07/21/22
new thoughts?
mauve headpube chad
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
walnut boltzmann
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
twinkling location dingle berry
  07/21/22
I kind of agree with this for my market. Inventory is defini...
self-absorbed duck-like state toilet seat
  07/21/22
the u.s. housing market will never go down, let alone crash....
razzmatazz pit prole
  07/21/22
Whoa cr. Explain tho
Violent soggy resort bbw
  07/21/22
...
twinkling location dingle berry
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
appetizing milk principal's office
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
arousing sweet tailpipe
  10/25/22
...
twinkling location dingle berry
  05/04/23
Replace "Housing" with "Crypto" and OP w...
Contagious bright dilemma goal in life
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Fiercely-loyal curious spot
  06/27/23
MODS! That's ImanageCat's house.
razzle-dazzle chest-beating toaster
  08/03/23
nohousemos are FUCKED
zippy unhinged brethren
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Fiercely-loyal curious spot
  08/03/23
Is that supposed to mean something?
Dark talented hospital
  08/03/23
She posts weird shit like that
mauve headpube chad
  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: twinkling location dingle berry

Started noticing houses having multiple reductions in listing prices. Staying on market for weeks. Sellers are fucked. They missed the boat. To the XO pumos who were waiting the market out. Congrats you won.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44537991)



Reply Favorite

Date: May 19th, 2022 11:31 AM
Author: Autistic water buffalo

They didn't win. They will be paying double the interest on mortgage payments, which overrides savings on the purchase price.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538130)



Reply Favorite

Date: May 19th, 2022 11:43 AM
Author: Azure Beady-eyed Hall

We are paying in cash up front

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



Reply Favorite

Date: May 19th, 2022 2:48 PM
Author: Erotic cruise ship

Are u going to be a slumlord?

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



Reply Favorite

Date: May 19th, 2022 6:00 PM
Author: Azure Beady-eyed Hall

If we buy a house we will turn my condo into an airbnb

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540453)



Reply Favorite

Date: May 20th, 2022 10:46 AM
Author: Hideous locus

dont get too excited, those reductions are on a 40% over valued amount

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44543638)



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: mauve headpube chad



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



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: henna parlor incel

??? My asshole neighbor bought house for $600k in 2015 and just sold it for $1.4 million

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44537996)



Reply Favorite

Date: May 19th, 2022 11:05 AM
Author: twinkling location dingle berry

He barely got it done. There is a delay; buyer prob locked in mortgage rate in March when market was still hot. It’s over now

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538007)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: henna parlor incel

Is mortgage lender / refi shop a bad business to be in right now?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538029)



Reply Favorite

Date: May 20th, 2022 9:19 AM
Author: Gold charismatic theater

Of course, it's a volume business, people are going to cling to their 2.5-3.5% mortgages forever now.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44543316)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Bat-shit-crazy locale

what do you do after that?

if you're leaving the area for a cheaper one, the answer is straightforward. but if you want a similar or nicer home in the same area, it's pretty hard to upgrade. your monthly payments could balloon significantly

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538117)



Reply Favorite

Date: May 19th, 2022 11:48 AM
Author: Aphrodisiac ceo address

And the $1.4m might "crash" to $1.2m but at the end of the day, it'll be expensive as shit.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538232)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: twinkling location dingle berry

Interest rates are way too high. Saw a few sellers trying to market shitty ranch houses for way too much. Getting no bites now. Would have sold in a day 3 months ago. They waited too long!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538000)



Reply Favorite

Date: May 19th, 2022 11:04 AM
Author: claret persian

Next door neighbor listed at $525 and sold at $610 with 30 offers in two days last weekend.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538001)



Reply Favorite

Date: May 19th, 2022 11:06 AM
Author: twinkling location dingle berry

That seems to be the last viable tactic. List way under and see if you can confuse the buyer into making too large of a bid

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538011)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: claret persian

But there were 30 bids. OP is overblown.

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



Reply Favorite

Date: May 19th, 2022 1:47 PM
Author: indigo son of senegal

houses in that range are still selling very quickly. Even houses in the nicer part of my neighborhood listed up to around $1.3M only stay on the market for around 2 weeks.

The houses that start approaching $2M or above and have like 6 beds seem to be languishing on the market.

I don't see the demand changing much for modest 3-4 bed houses.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539034)



Reply Favorite

Date: May 19th, 2022 2:53 PM
Author: claret persian

It’s a nice but middle of the road suburb in flyover. Hoping you’re right about sales in this price range bc we’re going to be selling later this year but aren’t ready to yet.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539387)



Reply Favorite

Date: May 19th, 2022 11:08 AM
Author: Dashing range

lol. homes over $1m still going strong. people are still using stock money to pay for homes as cash.

now if the stock dips another 20%+, then people will start to feel they are selling stocks on the cheap. right now plenty of people are willing to trade stocks at these high prices for something like real estate

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538019)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: henna parlor incel

Op seems to be ignoring that rich chinese mofos will always need a place to park their ill-gotten cash. PE firms too.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538035)



Reply Favorite

Date: May 19th, 2022 11:10 AM
Author: blathering tripping step-uncle's house

please. Okay, homes aren't appreciating at 25% YOY but still like 10-12%.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538026)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Swashbuckling Dull Meetinghouse Stain

So they're appreciating at the inflation rate. They're therefore not appreciating at all, the dollars the value is denominated in are just worth less.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538031)



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: Autistic water buffalo

Much better to invest money in stocks and lose 30% cash value this year!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538135)



Reply Favorite

Date: May 22nd, 2022 9:36 AM
Author: Insecure Pocket Flask Digit Ratio

Eh, tell me why I care about appreciation being “only” 10% when my LTV is 80%?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44553150)



Reply Favorite

Date: May 19th, 2022 6:43 PM
Author: sable glittery trust fund pervert

You’re delusional. Asset prices are down 20% across the board (except RE, yet). How do you think people finance purchases? What happens to demand when the prospective purchaser is 20% poorer?

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540633)



Reply Favorite

Date: May 19th, 2022 11:11 AM
Author: Violent soggy resort bbw

Not seeing it.

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



Reply Favorite

Date: May 19th, 2022 11:15 AM
Author: Awkward territorial deer antler turdskin

The median price of an existing home sold in April was $391,200, the highest on record and an increase of 14.8% from a year ago.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538052)



Reply Favorite

Date: May 19th, 2022 11:21 AM
Author: walnut boltzmann

april sales based on 2.5% rates locked in in feb. wait two months.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538085)



Reply Favorite

Date: May 19th, 2022 11:27 AM
Author: Awkward territorial deer antler turdskin

as long as the rates don't go above 7%, smart millennials will be buyers, provided the govt keeps the mortgage interest tax deductions

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538118)



Reply Favorite

Date: May 19th, 2022 12:24 PM
Author: walnut boltzmann

lol @ smart and millennials in the same sentence

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



Reply Favorite

Date: May 19th, 2022 11:33 AM
Author: Autistic water buffalo

2.5% rates were gone by February.

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



Reply Favorite

Date: May 19th, 2022 12:25 PM
Author: walnut boltzmann

not true. i locked in at 2.25% on feb 10th. deal fell though, tho, fml.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538427)



Reply Favorite

Date: May 19th, 2022 1:44 PM
Author: At-the-ready new version



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



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Comical university corn cake

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

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



Reply Favorite

Date: May 19th, 2022 11:23 AM
Author: Mind-boggling yellow mad cow disease

Open borders +

foreign cash buyers +

BlackRock and investors buying up SFHs +

NIMBY restrictions on building +

labor shortage in the trades +

proles overextending themselves thinking they may never get on the property ladder =

I don’t think it’s coming back anytime soon

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538095)



Reply Favorite

Date: May 19th, 2022 2:56 PM
Author: Red stage therapy



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



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: Hideous locus



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



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: hateful diverse field death wish

I was wondering how people could afford homes when interest rates were under 3%, but now that they are over 5%, a lot of these people can't even qualify to be house poor. Our loan officers are struggling bigly. We are laying off people left and right. Doesn't look good.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538113)



Reply Favorite

Date: May 19th, 2022 11:28 AM
Author: bull headed center

I've noticed practically zero weakness in the real estate market in the San Fernando Valley.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538122)



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: demanding 180 theater stage

where?

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



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Marvelous splenetic abode

Still selling for over asking in our area but it's taking a bit longer. They were going almost instantly.

I wonder if in a couple months the new starts will slow up making it a good chance to build (for a rental).

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538144)



Reply Favorite

Date: May 19th, 2022 11:35 AM
Author: Spruce Cerebral House

https://www.wsj.com/articles/more-subprime-borrowers-are-missing-loan-payments-11652952602

we're in for a crash

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538147)



Reply Favorite

Date: May 19th, 2022 11:41 AM
Author: mauve headpube chad



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



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: Bisexual insane site hairy legs

Who's still handing out subprime mortgages? Lmao

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



Reply Favorite

Date: May 22nd, 2022 9:13 AM
Author: razzle-dazzle chest-beating toaster

Banks who don't get ass fucked by regulators for being racist. Not ame.

#1 cause of the 2008 crisis was the fedgov forcing banks to make shortly loans to minorities.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44553101)



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: Aphrodisiac ceo address

This is not about housing.

"Consumers with low credit scores are falling behind on payments for car loans, personal loans and credit cards, a sign that the healthiest consumer lending environment on record in the U.S. is coming to an end."

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538237)



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Federal passionate sanctuary

exactly. this caused a crash last time because too many subprime borrowers got mortgages. is that still the case?

when the economy dips subprime people (i.e. people with no money that lose their jobs) are going to stop paying loans because they no longer have the money to pay them. shocking.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540761)



Reply Favorite

Date: May 19th, 2022 11:45 AM
Author: Emerald godawful home

biggest sign of the peak are all the proles on https://www.reddit.com/r/FirstTimeHomeBuyer/

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538206)



Reply Favorite

Date: May 19th, 2022 12:04 PM
Author: Boyish Nubile Native

why are redditors so poor?

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



Reply Favorite

Date: May 19th, 2022 12:09 PM
Author: adventurous flickering gaming laptop theatre

they are SO poor

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



Reply Favorite

Date: May 19th, 2022 1:46 PM
Author: Amethyst newt bawdyhouse



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



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Federal passionate sanctuary



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



Reply Favorite

Date: May 19th, 2022 12:10 PM
Author: green degenerate box office

Housing will be fine. You misspelled stock market.

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



Reply Favorite

Date: May 19th, 2022 12:14 PM
Author: zombie-like dead messiness lay

Oh no, now I won’t be able to live in my SFH for a monthly payment less than urban hellhole rent locked in for 30 years at an interest rate far below inflation with tax benefits. And the mark-to-market losses on Zillow will make me cry!

I wish I could be a gloomy contrarian who owns nothing instead!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44538358)



Reply Favorite

Date: May 19th, 2022 1:42 PM
Author: At-the-ready new version

And job losses + the fed selling their MBS hasn’t even started yet. Lol.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539008)



Reply Favorite

Date: May 19th, 2022 2:43 PM
Author: twinkling location dingle berry

To the extent there are still brisk sales, that is for the last couple fools who are buying right before the collapse. These morons had 2 years to buy. It’s over. You’ve been warned. Great collapse is coming!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539339)



Reply Favorite

Date: May 19th, 2022 3:28 PM
Author: Aphrodisiac ceo address

He says hopefully. The fact that a huge portion of people predicting a housing crash are people desperate to buy a house is the exact reason there won't be a real crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539573)



Reply Favorite

Date: May 19th, 2022 3:30 PM
Author: Bronze Boistinker Antidepressant Drug

Dems helpfully support mainstream adoption of 40 year mortgage to help needy young couples have a shot at the American dream

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44539590)



Reply Favorite

Date: May 19th, 2022 3:41 PM
Author: Aphrodisiac ceo address

Very kind of them.

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



Reply Favorite

Date: May 19th, 2022 6:54 PM
Author: claret persian



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



Reply Favorite

Date: May 19th, 2022 6:59 PM
Author: Awkward territorial deer antler turdskin

outside of America, home ownership is the exception rather than the rule; in Europe, even well off children with jobs live with their parents; Americans are spoiled brats

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540694)



Reply Favorite

Date: May 19th, 2022 7:07 PM
Author: Bronze Boistinker Antidepressant Drug

Kids live at their parents’ house in the US as well.

My point of course was that well intentioned dems still have a move to keep inflating home prices and further encumbering their constituents. It’s like what we do with student loans.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540733)



Reply Favorite

Date: May 20th, 2022 9:26 AM
Author: Violent cobalt heaven black woman

They’ll point to japans 100 year mortgage and tell you 40 is nbd

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44543341)



Reply Favorite

Date: May 22nd, 2022 9:44 AM
Author: demanding 180 theater stage



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



Reply Favorite

Date: May 19th, 2022 7:01 PM
Author: lascivious carmine temple

It's over

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



Reply Favorite

Date: May 19th, 2022 7:03 PM
Author: Geriatric institution

which market are you talking about? re is hyper local

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



Reply Favorite

Date: May 19th, 2022 7:06 PM
Author: vigorous balding organic girlfriend internal respiration

Yep.

But also hard to avoid larger economic fundamentals.

Higher rates + inflation + crashing dow/S&P means fewer dollars chasing after real estate. Even in expensive markets many people fund purchases with stock market gains.

We shall see!

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540731)



Reply Favorite

Date: May 19th, 2022 7:09 PM
Author: Bronze Boistinker Antidepressant Drug

Dow reference was solid prole tell.

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



Reply Favorite

Date: May 19th, 2022 7:10 PM
Author: vigorous balding organic girlfriend internal respiration

Even in my market, with an average sales price of $2.5M, many fund RE by cashing out gains.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540747)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: Bronze Boistinker Antidepressant Drug

Maybe at high end. Most people buying <$1m houses are not funding with taxable brokerage accounts.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540758)



Reply Favorite

Date: May 20th, 2022 12:01 AM
Author: zombie-like dead messiness lay

Yeah, it's all just regular proles saving their nickels until they have $200k.

Everyone buying an adequate house in a good town (i.e. $600k+) without parental support is funding down payment and closing costs from stock/crypto gains. You could have bought literally any risk asset including imaginary fraud internet money, stock of bad companies in dying industries, and Pokemon cards at any point from 2009-2022 and made gains. Not everyone is a risk-averse retard stuffing their mattress.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44542361)



Reply Favorite

Date: May 19th, 2022 7:13 PM
Author: Geriatric institution

larger economic fundamentals are always a relevant input, but they are not dispositive of price on a local market basis. agree with everything you're saying conceptually, but it doesn't help anyone decide whether they should buy in a given city or neighborhood or block rn

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44540754)



Reply Favorite

Date: May 19th, 2022 11:55 PM
Author: twinkling location dingle berry

It’s over!!!!

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



Reply Favorite

Date: May 20th, 2022 9:42 AM
Author: Sticky piazza striped hyena

(MAF nohousemo wishful thinking)

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



Reply Favorite

Date: May 20th, 2022 10:20 AM
Author: twinkling location dingle berry

Harsh but fair

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



Reply Favorite

Date: May 20th, 2022 9:49 AM
Author: Motley office quadroon

there’s a lot more working against a crash than for it

structural shortage of supply, massive equity in homes such that even people facing foreclosure are not in the red, continuing inflation, etc

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44543398)



Reply Favorite

Date: May 20th, 2022 10:55 AM
Author: Excitant Big-titted Immigrant Really Tough Guy

If you own a home today and are moving and make a topping bid offer on a new home, then can move to sell your old house, aren't you asking for a lot of risk given the shaky ground?

You own two homes at the top of the market have have to sell one

If you already sold, then you are sitting pretty and maybe indifferent--that group could be the last gasp buyers out there.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44543692)



Reply Favorite

Date: May 21st, 2022 4:33 PM
Author: At-the-ready new version

I live in an area on the west coast where, just 4 months ago, sellers were getting dozens of offers and houses were consistently selling for $200k over asking.

Now I’m watching several listings around me that have price reductions. In one case, they’ve made two significant price reductions in the last three weeks. And we’re just getting started 😎

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44550542)



Reply Favorite

Date: May 22nd, 2022 9:06 AM
Author: Violent soggy resort bbw

OP just wanted to let you know that my House went up in value again today. 💸

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44553096)



Reply Favorite

Date: May 22nd, 2022 9:41 AM
Author: twinkling location dingle berry

The websites are doing that for web traffic. It’s all illusory

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44553162)



Reply Favorite

Date: May 22nd, 2022 9:45 AM
Author: Violent soggy resort bbw

👌

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



Reply Favorite

Date: May 22nd, 2022 9:54 AM
Author: cracking milky knife

I sure hope so. I want it to burn down hard af.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44553202)



Reply Favorite

Date: May 22nd, 2022 1:26 PM
Author: At-the-ready new version

Lots of posts about buyers backing out on r/RealEstate:

https://www.reddit.com/r/RealEstate/comments/uv0rcc/house_buyer_is_having_buyers_remorse_because_of

https://www.reddit.com/r/RealEstate/comments/uss4bl/buyer_backing_out_8_days_before_closing

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44554006)



Reply Favorite

Date: May 22nd, 2022 1:27 PM
Author: Geriatric institution

good post -- seems like it's softening

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



Reply Favorite

Date: July 21st, 2022 1:29 PM
Author: twinkling location dingle berry



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



Reply Favorite

Date: July 21st, 2022 1:30 PM
Author: mauve headpube chad

new thoughts?

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



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: walnut boltzmann

i'm anecdotally seeing more and more price cuts and more and more shit sit on the market longer

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44888656)



Reply Favorite

Date: July 21st, 2022 1:32 PM
Author: twinkling location dingle berry

The feeding frenzy is definitely over. Problem is there is still plenty of buyers (2-3 offers versus 50-60). So homes are still selling. Middle class is done. Feels like there is maybe another 3 months through summer of an ability to sell at list and then a huge crash.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44888667)



Reply Favorite

Date: July 21st, 2022 1:37 PM
Author: self-absorbed duck-like state toilet seat

I kind of agree with this for my market. Inventory is definitely increasing. Not sure about offers. My sense is that a lot of sellers are eager to get out of their houses now and buyers are more cautious.

At this point the market isn’t just people looking for a single family home. It’s a lot of players with money that are looking for non-primary residence single family homes who can jump in and out whenever they want.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44888698)



Reply Favorite

Date: July 21st, 2022 1:31 PM
Author: razzmatazz pit prole

the u.s. housing market will never go down, let alone crash. never. take that to the bank

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#44888659)



Reply Favorite

Date: July 21st, 2022 1:39 PM
Author: Violent soggy resort bbw

Whoa cr. Explain tho

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



Reply Favorite

Date: October 25th, 2022 9:41 AM
Author: twinkling location dingle berry



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



Reply Favorite

Date: October 25th, 2022 9:45 AM
Author: appetizing milk principal's office

i'm seeing a ton of price reductions in my once radioactively hot local market. nothing significant, but it's a good sign.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#45386148)



Reply Favorite

Date: October 25th, 2022 9:52 AM
Author: arousing sweet tailpipe

17% of listings in Boise, ID have had price reductions in the last week. 15.5% in Austin. Compare that to a more stable housing market (Chicago), where only 9% of homes have seen a reduction in asking price in the last week. The ship is turning, but it will take a while for significant price drops to happen. Come back next year for an update.

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#45386172)



Reply Favorite

Date: May 4th, 2023 3:06 PM
Author: twinkling location dingle berry



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



Reply Favorite

Date: May 4th, 2023 3:07 PM
Author: Contagious bright dilemma goal in life

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

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



Reply Favorite

Date: June 27th, 2023 11:28 AM
Author: Fiercely-loyal curious spot

Wow totally crashing!

https://www.cnbc.com/amp/2023/06/27/home-prices-rose-for-third-straight-month-in-april-sp-case-shiller.html

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#46479253)



Reply Favorite

Date: August 3rd, 2023 10:20 PM
Author: razzle-dazzle chest-beating toaster

MODS!

That's ImanageCat's house.

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



Reply Favorite

Date: June 27th, 2023 11:29 AM
Author: zippy unhinged brethren

nohousemos are FUCKED

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



Reply Favorite

Date: August 3rd, 2023 10:19 PM
Author: Fiercely-loyal curious spot

OMG, can’t believe how much it has crashed!!!

https://redf.in/IpKgJA

(http://www.autoadmit.com/thread.php?thread_id=5112542&forum_id=2:#46627561)



Reply Favorite

Date: August 3rd, 2023 10:34 PM
Author: Dark talented hospital

Is that supposed to mean something?

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



Reply Favorite

Date: August 3rd, 2023 10:48 PM
Author: mauve headpube chad

She posts weird shit like that

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



Reply Favorite

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



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



Reply Favorite

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:#49499760)



Reply Favorite

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:#49499764)



Reply Favorite

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:#49499766)