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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
copper crotch
  05/19/22
They didn't win. They will be paying double the interest on...
nudist plaza
  05/19/22
We are paying in cash up front
Supple burgundy dysfunction
  05/19/22
Are u going to be a slumlord?
Olive drunken lay people who are hurt
  05/19/22
If we buy a house we will turn my condo into an airbnb
Supple burgundy dysfunction
  05/19/22
dont get too excited, those reductions are on a 40% over val...
stirring police squad
  05/20/22
...
out-of-control galvanic theatre
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
iridescent exciting blood rage school
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
copper crotch
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
iridescent exciting blood rage school
  05/19/22
Of course, it's a volume business, people are going to cling...
Saffron lascivious principal's office
  05/20/22
what do you do after that? if you're leaving the area for...
Yapping Volcanic Crater Area
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Hairraiser keepsake machete public bath
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
copper crotch
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
cerebral immigrant
  05/19/22
That seems to be the last viable tactic. List way under and ...
copper crotch
  05/19/22
But there were 30 bids. OP is overblown.
cerebral immigrant
  05/19/22
houses in that range are still selling very quickly. Even ho...
canary state
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
cerebral immigrant
  05/19/22
lol. homes over $1m still going strong. people are still usi...
contagious office
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
iridescent exciting blood rage school
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
Angry jet parlor
  05/19/22
So they're appreciating at the inflation rate. They're ther...
misanthropic yellow business firm background story
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
nudist plaza
  05/19/22
Eh, tell me why I care about appreciation being “only&...
adventurous indian lodge corn cake
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Exhilarant love of her life
  05/19/22
Not seeing it.
Erotic translucent institution old irish cottage
  05/19/22
The median price of an existing home sold in April was $391,...
Pearly histrionic trailer park jewess
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
frum church building
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Pearly histrionic trailer park jewess
  05/19/22
lol @ smart and millennials in the same sentence
frum church building
  05/19/22
2.5% rates were gone by February.
nudist plaza
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
frum church building
  05/19/22
...
infuriating selfie elastic band
  05/19/22
Good. Can’t wait for dem lower property taxes.
Aphrodisiac Locale Bbw
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Talented half-breed
  05/19/22
...
Alcoholic Zombie-like Main People
  05/19/22
...
stirring police squad
  05/20/22
I was wondering how people could afford homes when interest ...
fragrant underhanded kitty
  05/19/22
I've noticed practically zero weakness in the real estate ma...
Snowy maniacal personal credit line cumskin
  05/19/22
where?
Internet-worthy Rigor Pervert
  05/19/22
Still selling for over asking in our area but it's taking a ...
disgusting yarmulke gas station
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Deranged Sickened Round Eye Mother
  05/19/22
...
out-of-control galvanic theatre
  05/19/22
Who's still handing out subprime mortgages? Lmao
aromatic embarrassed to the bone foreskin goyim
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
Arousing tan gunner
  05/22/22
This is not about housing. "Consumers with low credi...
Hairraiser keepsake machete public bath
  05/19/22
exactly. this caused a crash last time because too many subp...
Fantasy-prone ivory spot puppy
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
Nighttime range
  05/19/22
why are redditors so poor?
Wonderful Center Dopamine
  05/19/22
they are SO poor
carmine abode
  05/19/22
...
puce crusty striped hyena
  05/19/22
...
Fantasy-prone ivory spot puppy
  05/19/22
Housing will be fine. You misspelled stock market.
Filthy base
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Motley jet-lagged corner
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
infuriating selfie elastic band
  05/19/22
To the extent there are still brisk sales, that is for the l...
copper crotch
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Hairraiser keepsake machete public bath
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
razzle-dazzle site
  05/19/22
Very kind of them.
Hairraiser keepsake machete public bath
  05/19/22
...
cerebral immigrant
  05/19/22
outside of America, home ownership is the exception rather t...
Pearly histrionic trailer park jewess
  05/19/22
Kids live at their parents’ house in the US as well. ...
razzle-dazzle site
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
brilliant multi-colored mood pocket flask
  05/20/22
...
Internet-worthy Rigor Pervert
  05/22/22
It's over
Zippy faggotry
  05/19/22
which market are you talking about? re is hyper local
turquoise stock car stage
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
vivacious trump supporter weed whacker
  05/19/22
Dow reference was solid prole tell.
razzle-dazzle site
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
vivacious trump supporter weed whacker
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
razzle-dazzle site
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Motley jet-lagged corner
  05/20/22
larger economic fundamentals are always a relevant input, bu...
turquoise stock car stage
  05/19/22
It’s over!!!!
copper crotch
  05/19/22
(MAF nohousemo wishful thinking)
Mentally impaired filthpig
  05/20/22
Harsh but fair
copper crotch
  05/20/22
there’s a lot more working against a crash than for it...
cowardly big idea he suggested
  05/20/22
If you own a home today and are moving and make a topping bi...
Racy stag film
  05/20/22
I live in an area on the west coast where, just 4 months ago...
infuriating selfie elastic band
  05/21/22
OP just wanted to let you know that my House went up in valu...
Erotic translucent institution old irish cottage
  05/22/22
The websites are doing that for web traffic. It’s all ...
copper crotch
  05/22/22
👌
Erotic translucent institution old irish cottage
  05/22/22
I sure hope so. I want it to burn down hard af.
insanely creepy ticket booth
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
infuriating selfie elastic band
  05/22/22
good post -- seems like it's softening
turquoise stock car stage
  05/22/22
...
copper crotch
  07/21/22
new thoughts?
out-of-control galvanic theatre
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
frum church building
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
copper crotch
  07/21/22
I kind of agree with this for my market. Inventory is defini...
Charismatic boltzmann
  07/21/22
the u.s. housing market will never go down, let alone crash....
irradiated piazza boiling water
  07/21/22
Whoa cr. Explain tho
Erotic translucent institution old irish cottage
  07/21/22
...
copper crotch
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
Heady Scourge Upon The Earth Becky
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
bossy stimulating goal in life
  10/25/22
...
copper crotch
  05/04/23
Replace "Housing" with "Crypto" and OP w...
Cheese-eating Halford Sanctuary
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Federal Titillating Messiness
  06/27/23
MODS! That's ImanageCat's house.
Arousing tan gunner
  08/03/23
nohousemos are FUCKED
flesh field
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Federal Titillating Messiness
  08/03/23
Is that supposed to mean something?
arrogant box office indirect expression
  08/03/23
She posts weird shit like that
out-of-control galvanic theatre
  08/03/23
...
copper crotch
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
Red Curious Brunch Fat Ankles
  12/10/25
there are no young people who want to drive 45 minutes to an...
slippery chartreuse friendly grandma
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
primrose son of senegal
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: copper crotch

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: nudist plaza

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: Supple burgundy dysfunction

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: Olive drunken lay people who are hurt

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: Supple burgundy dysfunction

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: stirring police squad

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: out-of-control galvanic theatre



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



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: iridescent exciting blood rage school

??? 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: copper crotch

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: iridescent exciting blood rage school

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: Saffron lascivious principal's office

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: Yapping Volcanic Crater Area

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: Hairraiser keepsake machete public bath

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: copper crotch

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: cerebral immigrant

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: copper crotch

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: cerebral immigrant

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: canary state

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: cerebral immigrant

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: contagious office

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: iridescent exciting blood rage school

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: Angry jet parlor

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: misanthropic yellow business firm background story

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: nudist plaza

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: adventurous indian lodge corn cake

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: Exhilarant love of her life

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: Erotic translucent institution old irish cottage

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: Pearly histrionic trailer park jewess

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: frum church building

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: Pearly histrionic trailer park jewess

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: frum church building

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: nudist plaza

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: frum church building

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: infuriating selfie elastic band



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



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Aphrodisiac Locale Bbw

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: Talented half-breed

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: Alcoholic Zombie-like Main People



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



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: stirring police squad



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



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: fragrant underhanded kitty

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: Snowy maniacal personal credit line cumskin

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: Internet-worthy Rigor Pervert

where?

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



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: disgusting yarmulke gas station

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: Deranged Sickened Round Eye Mother

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: out-of-control galvanic theatre



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



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: aromatic embarrassed to the bone foreskin goyim

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: Arousing tan gunner

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: Hairraiser keepsake machete public bath

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: Fantasy-prone ivory spot puppy

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: Nighttime range

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: Wonderful Center Dopamine

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: carmine abode

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: puce crusty striped hyena



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



Reply Favorite

Date: May 19th, 2022 7:15 PM
Author: Fantasy-prone ivory spot puppy



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



Reply Favorite

Date: May 19th, 2022 12:10 PM
Author: Filthy base

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: Motley jet-lagged corner

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: infuriating selfie elastic band

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: copper crotch

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: Hairraiser keepsake machete public bath

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: razzle-dazzle site

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: Hairraiser keepsake machete public bath

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: cerebral immigrant



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



Reply Favorite

Date: May 19th, 2022 6:59 PM
Author: Pearly histrionic trailer park jewess

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: razzle-dazzle site

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: brilliant multi-colored mood pocket flask

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: Internet-worthy Rigor Pervert



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



Reply Favorite

Date: May 19th, 2022 7:01 PM
Author: Zippy faggotry

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: turquoise stock car stage

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: vivacious trump supporter weed whacker

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: razzle-dazzle site

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: vivacious trump supporter weed whacker

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: razzle-dazzle site

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: Motley jet-lagged corner

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: turquoise stock car stage

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: copper crotch

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: Mentally impaired filthpig

(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: copper crotch

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: cowardly big idea he suggested

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: Racy stag film

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: infuriating selfie elastic band

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: Erotic translucent institution old irish cottage

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: copper crotch

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: Erotic translucent institution old irish cottage

👌

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



Reply Favorite

Date: May 22nd, 2022 9:54 AM
Author: insanely creepy ticket booth

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: infuriating selfie elastic band

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: turquoise stock car stage

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: copper crotch



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



Reply Favorite

Date: July 21st, 2022 1:30 PM
Author: out-of-control galvanic theatre

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: frum church building

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: copper crotch

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: Charismatic boltzmann

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: irradiated piazza boiling water

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: Erotic translucent institution old irish cottage

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: copper crotch



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



Reply Favorite

Date: October 25th, 2022 9:45 AM
Author: Heady Scourge Upon The Earth Becky

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: bossy stimulating goal in life

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: copper crotch



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



Reply Favorite

Date: May 4th, 2023 3:07 PM
Author: Cheese-eating Halford Sanctuary

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: Federal Titillating Messiness

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: Arousing tan gunner

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: flesh field

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: Federal Titillating Messiness

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: arrogant box office indirect expression

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: out-of-control galvanic theatre

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: copper crotch



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



Reply Favorite

Date: December 10th, 2025 2:00 PM
Author: Red Curious Brunch Fat Ankles

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: slippery chartreuse friendly grandma

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: primrose son of senegal

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)