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Housing market is in the beginning of an epic crash 💥

Started noticing houses having multiple reductions in listin...
fragrant cruise ship alpha
  05/19/22
They didn't win. They will be paying double the interest on...
Insecure racy toaster nursing home
  05/19/22
We are paying in cash up front
contagious nighttime mediation gas station
  05/19/22
Are u going to be a slumlord?
Iridescent Organic Girlfriend
  05/19/22
If we buy a house we will turn my condo into an airbnb
contagious nighttime mediation gas station
  05/19/22
dont get too excited, those reductions are on a 40% over val...
Slate Address
  05/20/22
...
Wine aromatic chapel generalized bond
  05/19/22
??? My asshole neighbor bought house for $600k in 2015 and j...
Orange high-end immigrant state
  05/19/22
He barely got it done. There is a delay; buyer prob locked i...
fragrant cruise ship alpha
  05/19/22
Is mortgage lender / refi shop a bad business to be in right...
Orange high-end immigrant state
  05/19/22
Of course, it's a volume business, people are going to cling...
Impertinent Laughsome Pit
  05/20/22
what do you do after that? if you're leaving the area for...
vivacious range
  05/19/22
And the $1.4m might "crash" to $1.2m but at the en...
Brass location
  05/19/22
Interest rates are way too high. Saw a few sellers trying to...
fragrant cruise ship alpha
  05/19/22
Next door neighbor listed at $525 and sold at $610 with 30 o...
Balding Violet National
  05/19/22
That seems to be the last viable tactic. List way under and ...
fragrant cruise ship alpha
  05/19/22
But there were 30 bids. OP is overblown.
Balding Violet National
  05/19/22
houses in that range are still selling very quickly. Even ho...
wonderful forum ape
  05/19/22
It’s a nice but middle of the road suburb in flyover. ...
Balding Violet National
  05/19/22
lol. homes over $1m still going strong. people are still usi...
odious degenerate menage
  05/19/22
Op seems to be ignoring that rich chinese mofos will always ...
Orange high-end immigrant state
  05/19/22
please. Okay, homes aren't appreciating at 25% YOY but still...
Lilac Parlor
  05/19/22
So they're appreciating at the inflation rate. They're ther...
Bright Doctorate Queen Of The Night
  05/19/22
Much better to invest money in stocks and lose 30% cash valu...
Insecure racy toaster nursing home
  05/19/22
Eh, tell me why I care about appreciation being “only&...
charcoal shitlib church
  05/22/22
You’re delusional. Asset prices are down 20% across th...
Big magical den
  05/19/22
Not seeing it.
cyan volcanic crater
  05/19/22
The median price of an existing home sold in April was $391,...
Cocky clown
  05/19/22
april sales based on 2.5% rates locked in in feb. wait two m...
Glittery ocher pisswyrm double fault
  05/19/22
as long as the rates don't go above 7%, smart millennials wi...
Cocky clown
  05/19/22
lol @ smart and millennials in the same sentence
Glittery ocher pisswyrm double fault
  05/19/22
2.5% rates were gone by February.
Insecure racy toaster nursing home
  05/19/22
not true. i locked in at 2.25% on feb 10th. deal fell though...
Glittery ocher pisswyrm double fault
  05/19/22
...
Aphrodisiac self-centered community account trailer park
  05/19/22
Good. Can’t wait for dem lower property taxes.
Concupiscible Soggy Corn Cake
  05/19/22
Open borders + foreign cash buyers + BlackRock and inves...
Gold base reading party
  05/19/22
...
Carmine motley locus rigpig
  05/19/22
...
Slate Address
  05/20/22
I was wondering how people could afford homes when interest ...
Floppy slimy school coffee pot
  05/19/22
I've noticed practically zero weakness in the real estate ma...
Bistre provocative prole
  05/19/22
where?
Underhanded senate
  05/19/22
Still selling for over asking in our area but it's taking a ...
Brindle curious goal in life
  05/19/22
https://www.wsj.com/articles/more-subprime-borrowers-are-mis...
Comical honey-headed bawdyhouse jewess
  05/19/22
...
Wine aromatic chapel generalized bond
  05/19/22
Who's still handing out subprime mortgages? Lmao
Metal filthy masturbator hell
  05/19/22
Banks who don't get ass fucked by regulators for being racis...
haunting haunted graveyard ticket booth
  05/22/22
This is not about housing. "Consumers with low credi...
Brass location
  05/19/22
exactly. this caused a crash last time because too many subp...
mind-boggling lodge
  05/19/22
biggest sign of the peak are all the proles on https://www.r...
Talented dull brunch dysfunction
  05/19/22
why are redditors so poor?
ruby cuckoldry parlour
  05/19/22
they are SO poor
Embarrassed To The Bone Locale Azn
  05/19/22
...
Painfully honest offensive plaza macaca
  05/19/22
...
mind-boggling lodge
  05/19/22
Housing will be fine. You misspelled stock market.
Tan Principal's Office Regret
  05/19/22
Oh no, now I won’t be able to live in my SFH for a mon...
Bateful Affirmative Action Nibblets
  05/19/22
And job losses + the fed selling their MBS hasn’t even...
Aphrodisiac self-centered community account trailer park
  05/19/22
To the extent there are still brisk sales, that is for the l...
fragrant cruise ship alpha
  05/19/22
He says hopefully. The fact that a huge portion of people p...
Brass location
  05/19/22
Dems helpfully support mainstream adoption of 40 year mortga...
Ungodly Institution
  05/19/22
Very kind of them.
Brass location
  05/19/22
...
Balding Violet National
  05/19/22
outside of America, home ownership is the exception rather t...
Cocky clown
  05/19/22
Kids live at their parents’ house in the US as well. ...
Ungodly Institution
  05/19/22
They’ll point to japans 100 year mortgage and tell you...
khaki nubile filthpig
  05/20/22
...
Underhanded senate
  05/22/22
It's over
slap-happy multi-colored station digit ratio
  05/19/22
which market are you talking about? re is hyper local
Electric center
  05/19/22
Yep. But also hard to avoid larger economic fundamentals...
Cerise french roommate heaven
  05/19/22
Dow reference was solid prole tell.
Ungodly Institution
  05/19/22
Even in my market, with an average sales price of $2.5M, man...
Cerise french roommate heaven
  05/19/22
Maybe at high end. Most people buying <$1m houses are not...
Ungodly Institution
  05/19/22
Yeah, it's all just regular proles saving their nickels unti...
Bateful Affirmative Action Nibblets
  05/20/22
larger economic fundamentals are always a relevant input, bu...
Electric center
  05/19/22
It’s over!!!!
fragrant cruise ship alpha
  05/19/22
(MAF nohousemo wishful thinking)
ebony boyish love of her life
  05/20/22
Harsh but fair
fragrant cruise ship alpha
  05/20/22
there’s a lot more working against a crash than for it...
magenta vibrant house nowag
  05/20/22
If you own a home today and are moving and make a topping bi...
Hilarious 180 whorehouse round eye
  05/20/22
I live in an area on the west coast where, just 4 months ago...
Aphrodisiac self-centered community account trailer park
  05/21/22
OP just wanted to let you know that my House went up in valu...
cyan volcanic crater
  05/22/22
The websites are doing that for web traffic. It’s all ...
fragrant cruise ship alpha
  05/22/22
👌
cyan volcanic crater
  05/22/22
I sure hope so. I want it to burn down hard af.
Swollen Swashbuckling Resort
  05/22/22
Lots of posts about buyers backing out on r/RealEstate: h...
Aphrodisiac self-centered community account trailer park
  05/22/22
good post -- seems like it's softening
Electric center
  05/22/22
...
fragrant cruise ship alpha
  07/21/22
new thoughts?
Wine aromatic chapel generalized bond
  07/21/22
i'm anecdotally seeing more and more price cuts and more and...
Glittery ocher pisswyrm double fault
  07/21/22
The feeding frenzy is definitely over. Problem is there is s...
fragrant cruise ship alpha
  07/21/22
I kind of agree with this for my market. Inventory is defini...
heady medicated lay karate
  07/21/22
the u.s. housing market will never go down, let alone crash....
Primrose public bath
  07/21/22
Whoa cr. Explain tho
cyan volcanic crater
  07/21/22
...
fragrant cruise ship alpha
  10/25/22
i'm seeing a ton of price reductions in my once radioactivel...
cruel-hearted idea he suggested
  10/25/22
17% of listings in Boise, ID have had price reductions in th...
pink beta french chef cuckold
  10/25/22
...
fragrant cruise ship alpha
  05/04/23
Replace "Housing" with "Crypto" and OP w...
Peach unhinged point
  05/04/23
Wow totally crashing! https://www.cnbc.com/amp/2023/06/27...
Bonkers exhilarant native
  06/27/23
MODS! That's ImanageCat's house.
haunting haunted graveyard ticket booth
  08/03/23
nohousemos are FUCKED
Abusive Cerebral Stag Film
  06/27/23
OMG, can’t believe how much it has crashed!!! https...
Bonkers exhilarant native
  08/03/23
Is that supposed to mean something?
hot really tough guy market
  08/03/23
She posts weird shit like that
Wine aromatic chapel generalized bond
  08/03/23
...
fragrant cruise ship alpha
  12/10/25
OP was obviously overly dramatic but is increasingly looking...
Opaque property
  12/10/25
there are no young people who want to drive 45 minutes to an...
Free-loading School Cafeteria
  12/10/25
My asshole neighbor bought their house for 400k in 2008. ...
arousing hall
  12/10/25


Poast new message in this thread



Reply Favorite

Date: May 19th, 2022 11:02 AM
Author: fragrant cruise ship alpha

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: Insecure racy toaster nursing home

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: contagious nighttime mediation gas station

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: Iridescent Organic Girlfriend

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: contagious nighttime mediation gas station

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: Slate Address

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: Wine aromatic chapel generalized bond



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



Reply Favorite

Date: May 19th, 2022 11:03 AM
Author: Orange high-end immigrant state

??? 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: fragrant cruise ship alpha

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: Orange high-end immigrant state

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: Impertinent Laughsome Pit

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: vivacious range

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: Brass location

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: fragrant cruise ship alpha

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: Balding Violet National

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: fragrant cruise ship alpha

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: Balding Violet National

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: wonderful forum ape

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: Balding Violet National

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: odious degenerate menage

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: Orange high-end immigrant state

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: Lilac 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: Bright Doctorate Queen Of The Night

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: Insecure racy toaster nursing home

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: charcoal shitlib church

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: Big magical den

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: cyan volcanic crater

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: Cocky clown

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: Glittery ocher pisswyrm double fault

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: Cocky clown

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: Glittery ocher pisswyrm double fault

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: Insecure racy toaster nursing home

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: Glittery ocher pisswyrm double fault

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: Aphrodisiac self-centered community account trailer park



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



Reply Favorite

Date: May 19th, 2022 11:18 AM
Author: Concupiscible Soggy 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: Gold base reading party

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: Carmine motley locus rigpig



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



Reply Favorite

Date: May 20th, 2022 10:49 AM
Author: Slate Address



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



Reply Favorite

Date: May 19th, 2022 11:26 AM
Author: Floppy slimy school coffee pot

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: Bistre provocative prole

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: Underhanded senate

where?

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



Reply Favorite

Date: May 19th, 2022 11:34 AM
Author: Brindle curious goal in life

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: Comical honey-headed bawdyhouse jewess

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: Wine aromatic chapel generalized bond



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



Reply Favorite

Date: May 19th, 2022 11:46 AM
Author: Metal filthy masturbator hell

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: haunting haunted graveyard ticket booth

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

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

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



Reply Favorite

Date: May 19th, 2022 11:49 AM
Author: Brass location

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: mind-boggling lodge

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: Talented dull brunch dysfunction

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: ruby cuckoldry parlour

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: Embarrassed To The Bone Locale Azn

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: Painfully honest offensive plaza macaca



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



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Date: May 19th, 2022 7:15 PM
Author: mind-boggling lodge



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



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Date: May 19th, 2022 12:10 PM
Author: Tan Principal's Office Regret

Housing will be fine. You misspelled stock market.

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



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Date: May 19th, 2022 12:14 PM
Author: Bateful Affirmative Action Nibblets

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)



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Date: May 19th, 2022 1:42 PM
Author: Aphrodisiac self-centered community account trailer park

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)



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Date: May 19th, 2022 2:43 PM
Author: fragrant cruise ship alpha

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)



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Date: May 19th, 2022 3:28 PM
Author: Brass location

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)



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Date: May 19th, 2022 3:30 PM
Author: Ungodly Institution

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)



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Date: May 19th, 2022 3:41 PM
Author: Brass location

Very kind of them.

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



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Date: May 19th, 2022 6:54 PM
Author: Balding Violet National



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



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Date: May 19th, 2022 6:59 PM
Author: Cocky clown

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)



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Date: May 19th, 2022 7:07 PM
Author: Ungodly Institution

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)



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Date: May 20th, 2022 9:26 AM
Author: khaki nubile filthpig

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)



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Date: May 22nd, 2022 9:44 AM
Author: Underhanded senate



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



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Date: May 19th, 2022 7:01 PM
Author: slap-happy multi-colored station digit ratio

It's over

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



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Date: May 19th, 2022 7:03 PM
Author: Electric center

which market are you talking about? re is hyper local

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



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Date: May 19th, 2022 7:06 PM
Author: Cerise french roommate heaven

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)



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Date: May 19th, 2022 7:09 PM
Author: Ungodly Institution

Dow reference was solid prole tell.

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



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Date: May 19th, 2022 7:10 PM
Author: Cerise french roommate heaven

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)



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Date: May 19th, 2022 7:13 PM
Author: Ungodly Institution

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)



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Date: May 20th, 2022 12:01 AM
Author: Bateful Affirmative Action Nibblets

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)



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Date: May 19th, 2022 7:13 PM
Author: Electric center

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)



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Date: May 19th, 2022 11:55 PM
Author: fragrant cruise ship alpha

It’s over!!!!

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



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Date: May 20th, 2022 9:42 AM
Author: ebony boyish love of her life

(MAF nohousemo wishful thinking)

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



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Date: May 20th, 2022 10:20 AM
Author: fragrant cruise ship alpha

Harsh but fair

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



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Date: May 20th, 2022 9:49 AM
Author: magenta vibrant house nowag

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)



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Date: May 20th, 2022 10:55 AM
Author: Hilarious 180 whorehouse round eye

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)



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Date: May 21st, 2022 4:33 PM
Author: Aphrodisiac self-centered community account trailer park

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)



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Date: May 22nd, 2022 9:06 AM
Author: cyan volcanic crater

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)



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Date: May 22nd, 2022 9:41 AM
Author: fragrant cruise ship alpha

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)



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Date: May 22nd, 2022 9:45 AM
Author: cyan volcanic crater

👌

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



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Date: May 22nd, 2022 9:54 AM
Author: Swollen Swashbuckling Resort

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)



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Date: May 22nd, 2022 1:26 PM
Author: Aphrodisiac self-centered community account trailer park

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)



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Date: May 22nd, 2022 1:27 PM
Author: Electric center

good post -- seems like it's softening

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



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Date: July 21st, 2022 1:29 PM
Author: fragrant cruise ship alpha



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



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Date: July 21st, 2022 1:30 PM
Author: Wine aromatic chapel generalized bond

new thoughts?

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



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Date: July 21st, 2022 1:31 PM
Author: Glittery ocher pisswyrm double fault

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)



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Date: July 21st, 2022 1:32 PM
Author: fragrant cruise ship alpha

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)



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Date: July 21st, 2022 1:37 PM
Author: heady medicated lay karate

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)



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Date: July 21st, 2022 1:31 PM
Author: Primrose public bath

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)



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Date: July 21st, 2022 1:39 PM
Author: cyan volcanic crater

Whoa cr. Explain tho

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



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Date: October 25th, 2022 9:41 AM
Author: fragrant cruise ship alpha



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



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Date: October 25th, 2022 9:45 AM
Author: cruel-hearted idea he suggested

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)



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Date: October 25th, 2022 9:52 AM
Author: pink beta french chef cuckold

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)



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Date: May 4th, 2023 3:06 PM
Author: fragrant cruise ship alpha



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



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Date: May 4th, 2023 3:07 PM
Author: Peach unhinged point

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

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



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Date: June 27th, 2023 11:28 AM
Author: Bonkers exhilarant native

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)



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Date: August 3rd, 2023 10:20 PM
Author: haunting haunted graveyard ticket booth

MODS!

That's ImanageCat's house.

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



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Date: June 27th, 2023 11:29 AM
Author: Abusive Cerebral Stag Film

nohousemos are FUCKED

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



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Date: August 3rd, 2023 10:19 PM
Author: Bonkers exhilarant native

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)



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Date: August 3rd, 2023 10:34 PM
Author: hot really tough guy market

Is that supposed to mean something?

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



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Date: August 3rd, 2023 10:48 PM
Author: Wine aromatic chapel generalized bond

She posts weird shit like that

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



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Date: December 10th, 2025 1:59 PM
Author: fragrant cruise ship alpha



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



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Date: December 10th, 2025 2:00 PM
Author: Opaque property

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)



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Date: December 10th, 2025 2:02 PM
Author: Free-loading School Cafeteria

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)



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Date: December 10th, 2025 2:02 PM
Author: arousing hall

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)