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YOU HEARD IT HERE 1ST: HOUSING CRASH INCOMING

SAVE UP YOUR MONEY, BOYS. CAUSE WE ARE GOING TO SEE SOME HOU...
Thirsty Comical Factory Reset Button
  05/17/18
Substantiate.
floppy church sandwich
  05/17/18
i want to believe you and i think so too...but showing some ...
abnormal senate
  05/17/18
Why?
Ebony adulterous locus
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/17/18
he's right but mostly in coastal cities. overbuilding + m...
tan hissy fit school
  05/17/18
there is no threat of overbuilding, at least in DC. to the ...
Electric university
  05/17/18
Where is there overbuilding, though?
Disgusting Trust Fund
  05/17/18
I keep on hearing that builders are restraining themselves b...
floppy church sandwich
  05/17/18
I'm sure individual builders are worried about that, but I'm...
Disgusting Trust Fund
  05/17/18
don't think this is the case in the bay area
Beady-eyed know-it-all theater stage famous landscape painting
  05/17/18
What do the purchase-rent ratios look like these days? Are p...
mind-boggling fantasy-prone center cuckoldry
  05/17/18
$4 gas and interest rates being the reason?
Hairraiser pea-brained plaza nibblets
  05/17/18
Yeah $4 gas crushed the housing market you fuckin idiot
sapphire reading party dysfunction
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/17/18
This sounds like a bunch of froth: joe schmoe house flippers...
bistre state
  05/17/18
flame
Misunderstood Shivering Hospital
  05/17/18
...
Khaki Corner Regret
  05/17/18
(it is 2016)
pale gunner
  05/17/18
There was a guy who used to buy radio airtime to promote his...
swashbuckling tank stage
  05/17/18
180
Thirsty Comical Factory Reset Button
  05/17/18
Should keep rallying for a bit as buyers scramble to buy to ...
Cobalt vibrant institution
  05/17/18
cr
Thirsty Comical Factory Reset Button
  05/17/18
lol @ listening to anything tedcruz says
rose son of senegal background story
  05/17/18
cr i want this crash to happen but was v disappointing with ...
light motley business firm telephone
  05/17/18
...
rose son of senegal background story
  05/18/18
Local govs are going to raise property taxes to soak the ric...
Bearded Wonderful Casino
  05/17/18
Prop 13 protects boomers
Thirsty Comical Factory Reset Button
  05/17/18
lol yeah what are all those all-cash chinese buyers who boug...
Zombie-like office
  05/17/18
I'll say this, there have been price reductions on listings ...
Navy partner brunch
  05/17/18
do you live in california?
Thirsty Comical Factory Reset Button
  05/17/18
Where? I'm actually maybe, kinda, potentially on the cusp o...
Disgusting Trust Fund
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/17/18
Norcal - between SF and PA. The sellers in my highly desirab...
Navy partner brunch
  06/07/18
I've noticed the same in my market starting around January b...
Spectacular sable orchestra pit persian
  05/17/18
inventory at an all time low in my area, prices continue to ...
Olive talented area
  05/17/18
Prices are at record highs and incomes are not keeping pace ...
free-loading dull nowag
  05/17/18
plenty of these people bought on 7 year IO loans & won't...
big rambunctious striped hyena turdskin
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/17/18
There are no fortuitous crashes coming. 2k8 was a media driv...
tripping glittery site
  05/17/18
odd case that it happened in an election year
Zombie-like office
  05/17/18
...
claret parlour dog poop
  05/17/18
Mexican intellectual
Bateful Hideous Therapy
  05/17/18
Not in the good areas. If prices dropped 5% in any major...
Hilarious magical space
  05/17/18
Because so many buyers are on the sidelines? Because so m...
hot medicated trailer park boistinker
  05/17/18
(guy who will bump this thread three years later and declare...
Stirring public bath
  05/17/18
3 years goes by quick, faggot
Thirsty Comical Factory Reset Button
  05/17/18
Yeah except prices will go up 20%+ in the meantime and the “...
Sooty nursing home
  05/17/18
lol no way. we are going back to 2001 prices. No one will be...
Thirsty Comical Factory Reset Button
  05/17/18
I just need it to not crash next 3 to 4 months and im cool.
Stirring public bath
  05/17/18
I feel like ted cruz is the blind squirrel happening upon a ...
Odious Genital Piercing
  05/21/18
Pretty sure OP has posted this several times over last year....
Turquoise mildly autistic cuckold
  05/17/18
First? This month: https://gordcollins.com/real-estate/us-h...
Hilarious magical space
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/18/18
100% concur with the retarded spic OP literally hundreds ...
Spruce doobsian karate
  05/17/18
...
Thirsty Comical Factory Reset Button
  05/17/18
Peak season is right around when grade schools end. So like...
Walnut 180 Crackhouse Hairy Legs
  05/21/18
...
Thirsty Comical Factory Reset Button
  05/17/18
ted cruz tp will always be a retard but he's right about thi...
primrose fanboi point
  05/18/18
ty
Thirsty Comical Factory Reset Button
  05/18/18
Learn to swim, I’ll see you down in Arizona bay
Fuchsia curious milk
  05/18/18
Maynard just wants his vines to be closer to that sweet ocea...
mind-boggling fantasy-prone center cuckoldry
  05/18/18
...
Walnut 180 Crackhouse Hairy Legs
  05/21/18
Check out this graph of the San Diego Home Valuation Index t...
free-loading dull nowag
  05/21/18
buying opportunity
provocative temple newt
  05/21/18
How would this affect crypto generally and zilliqa specifica...
light motley business firm telephone
  05/21/18
It is starting. The company I work for originates mortgage l...
free-loading dull nowag
  06/07/18
...
Startled Indian Lodge Legend
  06/07/18
...
histrionic sweet tailpipe shrine
  06/07/18
...
Startled Indian Lodge Legend
  06/07/18
...
Thirsty Comical Factory Reset Button
  06/07/18
Location?
Stirring public bath
  06/07/18
Early payment defaults in the first month have nothing to do...
Ocher range
  06/07/18
There was a good article in bloomberg last week about the sh...
godawful nudist goal in life theater
  06/07/18
The entire mortgage industry right now is a house of cards. ...
free-loading dull nowag
  06/07/18
I don't disagree, especially with regards to incomes not cli...
godawful nudist goal in life theater
  06/07/18
I don't think that there is going to be an '08 style meltdow...
free-loading dull nowag
  06/07/18
180 fuckin ONE EIGHTY
Thirsty Comical Factory Reset Button
  06/07/18
this coming crash won't be as singular on real estate as '08...
Spruce doobsian karate
  06/07/18
"something will happen that will cause the market to cr...
Bateful Hideous Therapy
  06/07/18
It is more insightful than saying we have low inventory and ...
free-loading dull nowag
  06/07/18
Link to me saying that ever? If you're so certain of an i...
Bateful Hideous Therapy
  06/07/18
I'm just broke and know that I can't afford *anything* in th...
free-loading dull nowag
  06/07/18
mfcr
Thirsty Comical Factory Reset Button
  06/07/18
This is especially the case with lenders that do government ...
Ocher range
  06/07/18
I am personally pre-approved for a $375,000 mortgage through...
free-loading dull nowag
  06/07/18
edity
dark mewling pit
  06/07/18
"I know because I watched the Bit Short." - chilma...
Bateful Hideous Therapy
  06/07/18
180
Thirsty Comical Factory Reset Button
  06/07/18
Still waiting
Walnut 180 Crackhouse Hairy Legs
  06/07/18
Inventory at 20-year lows in Minneapolis area. Entry level h...
Coiffed aphrodisiac digit ratio useless brakes
  06/07/18
YEP SOUNDS LIKE A CRASH IS COMING!
Diverse insane meetinghouse candlestick maker
  06/07/18
Yep! Market crashing any moment now! I know because I watche...
Bateful Hideous Therapy
  06/07/18
Sounds like they're underpricing.
mind-boggling fantasy-prone center cuckoldry
  06/07/18
TBF this is pre-bubble behavior patterns
impressive rusted library azn
  06/07/18
(Michael Burry, Jr.)
chrome zippy stead
  06/07/18
Not seeing it
Misunderstood Shivering Hospital
  06/07/18
Keep your head buried.
free-loading dull nowag
  06/07/18
https://twitter.com/wolfofwolfst/status/1003716294401712128?...
Exciting lemon psychic
  06/07/18
(zerohedge)
Bateful Hideous Therapy
  06/07/18
...
sapphire reading party dysfunction
  06/07/18
toronto's market exploded in recent times in part due to all...
Unholy spot
  06/07/18
"I'm early but I'm not wrong." "I want my mo...
chrome zippy stead
  06/07/18
Only in certain cities like Denver, Phoenix, Vegas, etc. Old...
Concupiscible nofapping garrison
  06/07/18
LA got hammered last time.
mind-boggling fantasy-prone center cuckoldry
  06/07/18
Cr Orange County also got hammered and OC has a more stab...
Thirsty Comical Factory Reset Button
  06/07/18
can't wait, will buy up more homes
ultramarine whorehouse
  06/07/18
...
Startled Indian Lodge Legend
  06/11/18
...
Thirsty Comical Factory Reset Button
  06/11/18
...
Walnut 180 Crackhouse Hairy Legs
  11/23/19


Poast new message in this thread



Reply Favorite

Date: May 17th, 2018 11:58 AM
Author: Thirsty Comical Factory Reset Button

SAVE UP YOUR MONEY, BOYS. CAUSE WE ARE GOING TO SEE SOME HOUSES DROP IN PRICE.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069186)



Reply Favorite

Date: May 17th, 2018 11:58 AM
Author: floppy church sandwich

Substantiate.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069189)



Reply Favorite

Date: May 17th, 2018 11:59 AM
Author: abnormal senate

i want to believe you and i think so too...but showing some work would be great.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069193)



Reply Favorite

Date: May 17th, 2018 12:00 PM
Author: Ebony adulterous locus

Why?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069199)



Reply Favorite

Date: May 17th, 2018 12:17 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069313)



Reply Favorite

Date: May 17th, 2018 12:19 PM
Author: tan hissy fit school

he's right but mostly in coastal cities.

overbuilding + mortgage rates spiking = housing prices down.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069322)



Reply Favorite

Date: May 17th, 2018 1:46 PM
Author: Electric university

there is no threat of overbuilding, at least in DC. to the contrary - there is no inventory. maybe there's too many shitbox condos, but that isn't coupled to single family around here very often

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069932)



Reply Favorite

Date: May 17th, 2018 2:03 PM
Author: Disgusting Trust Fund

Where is there overbuilding, though?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070069)



Reply Favorite

Date: May 17th, 2018 2:24 PM
Author: floppy church sandwich

I keep on hearing that builders are restraining themselves because they're afraid they'll overbuild and get anally fucked if the recession hits and they're left again with entire unoccupied communities.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070225)



Reply Favorite

Date: May 17th, 2018 4:09 PM
Author: Disgusting Trust Fund

I'm sure individual builders are worried about that, but I'm not sure which regions are actually in danger of a housing surplus.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071007)



Reply Favorite

Date: May 17th, 2018 2:27 PM
Author: Beady-eyed know-it-all theater stage famous landscape painting

don't think this is the case in the bay area

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070249)



Reply Favorite

Date: May 17th, 2018 12:23 PM
Author: mind-boggling fantasy-prone center cuckoldry

What do the purchase-rent ratios look like these days? Are purchase prices running away from equivalent-rental prices?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069364)



Reply Favorite

Date: May 17th, 2018 12:24 PM
Author: Hairraiser pea-brained plaza nibblets

$4 gas and interest rates being the reason?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069371)



Reply Favorite

Date: May 17th, 2018 3:59 PM
Author: sapphire reading party dysfunction

Yeah $4 gas crushed the housing market you fuckin idiot

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070920)



Reply Favorite

Date: May 17th, 2018 4:13 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071046)



Reply Favorite

Date: May 17th, 2018 1:45 PM
Author: bistre state

This sounds like a bunch of froth: joe schmoe house flippers about to get pwn3d once demand starts to drop and they get left holding the bag on these loans that are a "lucrative and growing niche of finance."

https://www.wsj.com/articles/wall-street-is-getting-in-on-the-house-flipping-game-1526227200

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069922)



Reply Favorite

Date: May 17th, 2018 1:46 PM
Author: Misunderstood Shivering Hospital

flame

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069929)



Reply Favorite

Date: May 17th, 2018 1:47 PM
Author: Khaki Corner Regret



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069936)



Reply Favorite

Date: May 17th, 2018 1:47 PM
Author: pale gunner

(it is 2016)

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069937)



Reply Favorite

Date: May 17th, 2018 1:49 PM
Author: swashbuckling tank stage

There was a guy who used to buy radio airtime to promote his newsletter (The Financial Underground or something like that) and in 2006 or so he kept telling everyone to sell their houses and move into apartments wait for the storm and then pick up new houses on the cheap. We all thought he was crazy...

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36069959)



Reply Favorite

Date: May 17th, 2018 1:57 PM
Author: Thirsty Comical Factory Reset Button

180

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070029)



Reply Favorite

Date: May 17th, 2018 2:02 PM
Author: Cobalt vibrant institution

Should keep rallying for a bit as buyers scramble to buy to lock in rates before they go up even more. Then the crash. But people need to stop buying before we see a crash

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070066)



Reply Favorite

Date: May 17th, 2018 3:54 PM
Author: Thirsty Comical Factory Reset Button

cr

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070892)



Reply Favorite

Date: May 17th, 2018 2:04 PM
Author: rose son of senegal background story

lol @ listening to anything tedcruz says

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070074)



Reply Favorite

Date: May 17th, 2018 4:15 PM
Author: light motley business firm telephone

cr i want this crash to happen but was v disappointing with identity of op

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071063)



Reply Favorite

Date: May 18th, 2018 12:23 PM
Author: rose son of senegal background story



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36077277)



Reply Favorite

Date: May 17th, 2018 2:04 PM
Author: Bearded Wonderful Casino

Local govs are going to raise property taxes to soak the rich for dem programs and pensions. Real estate is heading down hill for the next decades

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070078)



Reply Favorite

Date: May 17th, 2018 4:11 PM
Author: Thirsty Comical Factory Reset Button

Prop 13 protects boomers

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071024)



Reply Favorite

Date: May 17th, 2018 2:23 PM
Author: Zombie-like office

lol yeah what are all those all-cash chinese buyers who bought up entire neighborhoods going to do

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070207)



Reply Favorite

Date: May 17th, 2018 2:29 PM
Author: Navy partner brunch

I'll say this, there have been price reductions on listings in my neighborhood. That hasn't happened in years. Nothing major, and maybe some of the asking prices were stretching it, but the market definitely has less of an edge to it IMO.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070267)



Reply Favorite

Date: May 17th, 2018 3:57 PM
Author: Thirsty Comical Factory Reset Button

do you live in california?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070913)



Reply Favorite

Date: May 17th, 2018 4:10 PM
Author: Disgusting Trust Fund

Where? I'm actually maybe, kinda, potentially on the cusp of buying a property, and don't want to fuck up.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071016)



Reply Favorite

Date: May 17th, 2018 4:21 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071121)



Reply Favorite

Date: June 7th, 2018 3:27 PM
Author: Navy partner brunch

Norcal - between SF and PA. The sellers in my highly desirable neighborhood really stretched their asking prices to the limit, IMO. Seeing some slight reductions, like ~$100-200k and certain homes not selling.

I don't think there will be a crash or a drop, but I don't think the prices will continue to rise at the 5-10% clip they've been; at least in our neighborhood which is established and where people strive to live.

That said, our rental property is a 3/2 in south san jose that is, per zillow and redfin, now worth more than $1mm. That shit I could easily see coming down, homes around that one back in ~2008-10 dropped to the low $400's. I have a hard time believing it's doubled in value in 8-10 years.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201794)



Reply Favorite

Date: May 17th, 2018 4:44 PM
Author: Spectacular sable orchestra pit persian

I've noticed the same in my market starting around January but most places still selling for essentially asking price -$10k which is a tiny % reduction. Houses not sitting on market too long either

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071270)



Reply Favorite

Date: May 17th, 2018 2:31 PM
Author: Olive talented area

inventory at an all time low in my area, prices continue to creep up. Hope you're right though

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070283)



Reply Favorite

Date: May 17th, 2018 2:57 PM
Author: free-loading dull nowag

Prices are at record highs and incomes are not keeping pace with the rising housing prices.

There is low inventory with high demand.

People are buying at the outer credit limits, making offers above asking price, leaving themselves with zero disposable income.

Something will happen that will cause all of these people who can *barely* afford their mortgages to default. What will it be?

It will be something that no one is predicting now, but that will lead to sudden unemployment.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070478)



Reply Favorite

Date: May 17th, 2018 2:59 PM
Author: big rambunctious striped hyena turdskin

plenty of these people bought on 7 year IO loans & won't be able to afford the new payment when the term is up if rates keep going up

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070483)



Reply Favorite

Date: May 17th, 2018 3:12 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070566)



Reply Favorite

Date: May 17th, 2018 3:05 PM
Author: tripping glittery site

There are no fortuitous crashes coming. 2k8 was a media driven forced fire sale to gouge assets out of the middle class and cut jobs/restructure hiring. The country is being crammed full of foreigners and foreigners are parking cash in us housing. The dollar is being devalued to twist the knife in workers kneecaps and prop up the capitalist class. It’s all up up up from here until the money is expatted to somewhere livable and the us is left a desolate goblin filled hellhole, albeit one with a litany of fast casual options. No one is even pretending the future of America matters post- boomers.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070522)



Reply Favorite

Date: May 17th, 2018 3:21 PM
Author: Zombie-like office

odd case that it happened in an election year

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070631)



Reply Favorite

Date: May 17th, 2018 4:14 PM
Author: claret parlour dog poop



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071057)



Reply Favorite

Date: May 17th, 2018 3:18 PM
Author: Bateful Hideous Therapy

Mexican intellectual

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070613)



Reply Favorite

Date: May 17th, 2018 3:56 PM
Author: Hilarious magical space

Not in the good areas.

If prices dropped 5% in any major metro areas, properties would be scooped up quick and the "crash" would be over.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070903)



Reply Favorite

Date: May 17th, 2018 4:27 PM
Author: hot medicated trailer park boistinker

Because so many buyers are on the sidelines?

Because so many people will feel confident about their paychecks with the housing market slumping?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071171)



Reply Favorite

Date: May 17th, 2018 3:59 PM
Author: Stirring public bath

(guy who will bump this thread three years later and declare himself winner)

You heard it here first folks, we saw it coming YEARS ago.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36070917)



Reply Favorite

Date: May 17th, 2018 4:10 PM
Author: Thirsty Comical Factory Reset Button

3 years goes by quick, faggot

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071014)



Reply Favorite

Date: May 17th, 2018 4:13 PM
Author: Sooty nursing home

Yeah except prices will go up 20%+ in the meantime and the “crash” will be back to 2018 prices.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071049)



Reply Favorite

Date: May 17th, 2018 4:21 PM
Author: Thirsty Comical Factory Reset Button

lol no way. we are going back to 2001 prices. No one will be able to afford homes if prices keep going up like this.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071117)



Reply Favorite

Date: May 17th, 2018 4:23 PM
Author: Stirring public bath

I just need it to not crash next 3 to 4 months and im cool.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071137)



Reply Favorite

Date: May 21st, 2018 2:18 PM
Author: Odious Genital Piercing

I feel like ted cruz is the blind squirrel happening upon a nut.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097588)



Reply Favorite

Date: May 17th, 2018 4:19 PM
Author: Turquoise mildly autistic cuckold

Pretty sure OP has posted this several times over last year. One day he will be "right"

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071102)



Reply Favorite

Date: May 17th, 2018 4:24 PM
Author: Hilarious magical space

First?

This month: https://gordcollins.com/real-estate/us-housing-market-crash/

2017: https://nypost.com/2017/09/02/are-we-headed-for-another-housing-collapse/

2016: https://money.usnews.com/money/personal-finance/articles/2016-05-12/are-we-heading-for-another-housing-crisis

2015: http://money.cnn.com/2015/05/04/real_estate/real-estate-housing-bubble/index.html



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071142)



Reply Favorite

Date: May 18th, 2018 12:39 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36077362)



Reply Favorite

Date: May 17th, 2018 4:25 PM
Author: Spruce doobsian karate

100% concur with the retarded spic OP

literally hundreds of houses put on redfin and zillow in my area in just the last week not flame

Landlord i found out is putting my property on the market also through a backdoor channel I have locally and he lied to all the tenants faces.

This one is gonna be big, saddle up seabiscuits

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071154)



Reply Favorite

Date: May 17th, 2018 4:26 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071162)



Reply Favorite

Date: May 21st, 2018 2:13 PM
Author: Walnut 180 Crackhouse Hairy Legs

Peak season is right around when grade schools end. So like, now

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097552)



Reply Favorite

Date: May 17th, 2018 4:43 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36071262)



Reply Favorite

Date: May 18th, 2018 11:43 AM
Author: primrose fanboi point

ted cruz tp will always be a retard but he's right about this. the median home price in seattle just crossed $750K and there's so much residential construction there that there is a shortage of cranes for the rest of the country. it's not sustainable but people can't wrap their heads around how suddenly shit will topple again, so they cling to the idea that things will gradually slow down. in reality it never happens that way.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36076983)



Reply Favorite

Date: May 18th, 2018 12:23 PM
Author: Thirsty Comical Factory Reset Button

ty

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36077274)



Reply Favorite

Date: May 18th, 2018 1:12 PM
Author: Fuchsia curious milk

Learn to swim, I’ll see you down in Arizona bay

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36077599)



Reply Favorite

Date: May 18th, 2018 5:06 PM
Author: mind-boggling fantasy-prone center cuckoldry

Maynard just wants his vines to be closer to that sweet ocean air.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36079553)



Reply Favorite

Date: May 21st, 2018 2:15 PM
Author: Walnut 180 Crackhouse Hairy Legs



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097564)



Reply Favorite

Date: May 21st, 2018 2:12 PM
Author: free-loading dull nowag

Check out this graph of the San Diego Home Valuation Index through 2016.

http://karabrem.com/files/2018/03/housing_update_jun_17-1.png

One, it shows we are due for a crash.

Two, look at how the last crash was preceded by two perfect ten-year cycles. Wondering if those cycles were manipulated.

Anyways, that red line has kept climbing since 2016.

I just put the brakes on our home buying plans. We are now officially waiting for the crash.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097539)



Reply Favorite

Date: May 21st, 2018 2:13 PM
Author: provocative temple newt

buying opportunity

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097547)



Reply Favorite

Date: May 21st, 2018 2:14 PM
Author: light motley business firm telephone

How would this affect crypto generally and zilliqa specifically

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36097556)



Reply Favorite

Date: June 7th, 2018 1:52 PM
Author: free-loading dull nowag

It is starting. The company I work for originates mortgage loans then sells them on the secondary market.

Before we sell them off we will only service the first mortgage payment for the borrowers. The loan is sold before the second payment is due.

Got an email yesterday from accounting. Four borrowers have defaulted on their first payments for April and May. Three in April and one in May.

Accounting was wondering what to do because the borrowers are not returning her calls.

I asked my general manager whether this has happened before and he said no.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201158)



Reply Favorite

Date: June 7th, 2018 1:57 PM
Author: Startled Indian Lodge Legend



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201218)



Reply Favorite

Date: June 7th, 2018 2:03 PM
Author: histrionic sweet tailpipe shrine



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201258)



Reply Favorite

Date: June 7th, 2018 4:38 PM
Author: Startled Indian Lodge Legend



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202202)



Reply Favorite

Date: June 7th, 2018 2:05 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201281)



Reply Favorite

Date: June 7th, 2018 2:10 PM
Author: Stirring public bath

Location?

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201326)



Reply Favorite

Date: June 7th, 2018 2:11 PM
Author: Ocher range

Early payment defaults in the first month have nothing to do with the larger housing market. The most likely explanation is your LO's and underwriters are shoving through shit loans.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201328)



Reply Favorite

Date: June 7th, 2018 2:15 PM
Author: godawful nudist goal in life theater

There was a good article in bloomberg last week about the shit loan market revival coming from all of these fin-tech companies. They're not well regulated and there isn't much stomach for regulation in the current administration. It's still a very small part of the market for mortgage loans (less than 10%) and much smaller compared to where they were in 2005-07. But they're growing fast and behaving like their counterparts from before the crash.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201356)



Reply Favorite

Date: June 7th, 2018 2:21 PM
Author: free-loading dull nowag

The entire mortgage industry right now is a house of cards. Borrowers are stretched incredibly thin.

Home prices keep spiraling up but incomes are not matching it. Proles are putting themselves into homes/mortgages where they have zero disposable income left after their mortgage payment.

What happens when the water heater breaks? When there is a medical emergency?

The second the economy takes a bad turn the house of cards will come tumbling down and that is when my black fiance and I will scoop something up.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201384)



Reply Favorite

Date: June 7th, 2018 2:45 PM
Author: godawful nudist goal in life theater

I don't disagree, especially with regards to incomes not climbing fast enough (especially among young households) to meet the higher prices. The counterargument might be that there are a lot more buyers with all cash or mostly-cash in the market now. That, combined with healthy population growth, lack of construction, and a much smaller shit-loan market, especially in metro areas, makes it a lot less likely that there will be an epic '08 style meltdown.

The loan delinquency rate is still ticking down and the median down-payment is near its highest rate. I think the next crash is going to come from somewhere else (maybe political-sovereign debt crisis).

https://fred.stlouisfed.org/series/DRSFRMACBS

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201524)



Reply Favorite

Date: June 7th, 2018 2:55 PM
Author: free-loading dull nowag

I don't think that there is going to be an '08 style meltdown again.

The housing market is cyclical and we are long overdue for a correction.

People are panic-buying worried that prices will never come down.

They will come down and I believe they will come down soon.

I know, there is Low Inventory. Got it. But *something* is going to happen and the vast majority of people are not going to predict what that something is.

There are one or two guys out there screaming bloody murder right now and after the crash or correction these dudes will be saying, "Ha! I was right I told you so," while me and my black fiance will be moving into our new single family home that we bought at foreclosure.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201582)



Reply Favorite

Date: June 7th, 2018 3:04 PM
Author: Thirsty Comical Factory Reset Button

180 fuckin ONE EIGHTY

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201643)



Reply Favorite

Date: June 7th, 2018 3:22 PM
Author: Spruce doobsian karate

this coming crash won't be as singular on real estate as '08

but may be larger considering student debt, fiat USD instability vs China, Social/Security insolvency, pension state issues etc

I think the sum of what is to come could potentially be as bad if not worse - i expect mass defaults on several frontlines, millennials are already not paying back credit cards, if the masses start moving whats left of their money into crypto and not paying things back ljl

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201752)



Reply Favorite

Date: June 7th, 2018 3:49 PM
Author: Bateful Hideous Therapy

"something will happen that will cause the market to crash"

Wow... You're like a Cassandra

I love listening to this reddit tier talk as if it's insightful in any way

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201953)



Reply Favorite

Date: June 7th, 2018 3:57 PM
Author: free-loading dull nowag

It is more insightful than saying we have low inventory and prices are going to keep going up indefinitely. Buy something now then, genius.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201982)



Reply Favorite

Date: June 7th, 2018 4:06 PM
Author: Bateful Hideous Therapy

Link to me saying that ever?

If you're so certain of an imminent crash, put your money where your mouth is and buy a massive put spread on the indexes and VIX calls. You won't because you're a giant pussy with no skin in the game.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202017)



Reply Favorite

Date: June 7th, 2018 4:13 PM
Author: free-loading dull nowag

I'm just broke and know that I can't afford *anything* in this market while I make double the AGI for this area.

I don't pretend to know when the crash is coming exactly or what is going to cause it.

But a crash is coming, it is coming *soon*, and now is NOT the time to buy.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202073)



Reply Favorite

Date: June 7th, 2018 5:19 PM
Author: Thirsty Comical Factory Reset Button

mfcr

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202504)



Reply Favorite

Date: June 7th, 2018 5:53 PM
Author: Ocher range

This is especially the case with lenders that do government backed FHA loans, which basically require zero down. By definition FHA borrowers are typically way less credit worthy than normal people that put 20% down on a conventional loan. Most of the big banks left the FHA lending space after the 2008 meltdown because Obama's DOJ kept coming after them with the False Claims Act. They are starting to come back, but in the mean time, little mortgage companies like Chilmata's have filled the FHA void.

I am a little shocked to see Chilmata talking about one month defaults being caused by rising home prices. If the loan is properly underwritten, the appraised home price is compared to the borrower's incoome, to make sure that they can actually afford the mortgage. It makes no sense that one month defaults within a single company would be tied to the larger rise in home prices.

Chilmata: pro tip, if you are suddenly having these problems one month out, start looking into things. The loans sold to investors 2-6 months ago (and/or the GSAs) are likely shit too, and you may have some buybacks or indemnity claims coming your way.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202656)



Reply Favorite

Date: June 7th, 2018 6:03 PM
Author: free-loading dull nowag

I am personally pre-approved for a $375,000 mortgage through my company which would be FHA.

I should be qualified for $300K tops. Even at $300K when you factor in HOA fees and Mortgage Insurance, I would be stretched incredibly thin. I would have nothing left over at the end of the month.

I have no idea how lending me $375K for a condo would be considered a QM, but it is, somehow, and that is what I see being the root of the problem.

In 2008, the issue was with ARMs. When rates went up, the monthly mortgage payments went well above what the borrowers could afford and they defaulted en masse.

Today, we are putting all these people into mortgages that have fixed rates, but they are at their absolute max spending limit.

Any little thing could cause any one homeowner to default because they are almost all on super shaky ground.



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202701)



Reply Favorite

Date: June 7th, 2018 6:04 PM
Author: dark mewling pit

edity

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202708)



Reply Favorite

Date: June 7th, 2018 2:17 PM
Author: Bateful Hideous Therapy

"I know because I watched the Bit Short." - chilmata

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201368)



Reply Favorite

Date: June 7th, 2018 2:21 PM
Author: Thirsty Comical Factory Reset Button

180

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201386)



Reply Favorite

Date: June 7th, 2018 1:55 PM
Author: Walnut 180 Crackhouse Hairy Legs

Still waiting

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201190)



Reply Favorite

Date: June 7th, 2018 2:01 PM
Author: Coiffed aphrodisiac digit ratio useless brakes

Inventory at 20-year lows in Minneapolis area. Entry level homes all going in a matter of hours.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201249)



Reply Favorite

Date: June 7th, 2018 2:03 PM
Author: Diverse insane meetinghouse candlestick maker

YEP SOUNDS LIKE A CRASH IS COMING!

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201263)



Reply Favorite

Date: June 7th, 2018 2:15 PM
Author: Bateful Hideous Therapy

Yep! Market crashing any moment now! I know because I watched The Big Short

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201355)



Reply Favorite

Date: June 7th, 2018 3:02 PM
Author: mind-boggling fantasy-prone center cuckoldry

Sounds like they're underpricing.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201624)



Reply Favorite

Date: June 7th, 2018 4:41 PM
Author: impressive rusted library azn

TBF this is pre-bubble behavior patterns

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202229)



Reply Favorite

Date: June 7th, 2018 2:02 PM
Author: chrome zippy stead

(Michael Burry, Jr.)

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201254)



Reply Favorite

Date: June 7th, 2018 2:20 PM
Author: Misunderstood Shivering Hospital

Not seeing it

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201379)



Reply Favorite

Date: June 7th, 2018 3:21 PM
Author: free-loading dull nowag

Keep your head buried.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201747)



Reply Favorite

Date: June 7th, 2018 3:05 PM
Author: Exciting lemon psychic

https://twitter.com/wolfofwolfst/status/1003716294401712128?s=19

Toronto crashing

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201651)



Reply Favorite

Date: June 7th, 2018 3:51 PM
Author: Bateful Hideous Therapy

(zerohedge)

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201962)



Reply Favorite

Date: June 7th, 2018 5:22 PM
Author: sapphire reading party dysfunction



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202527)



Reply Favorite

Date: June 7th, 2018 5:33 PM
Author: Unholy spot

toronto's market exploded in recent times in part due to all-cash chinese money laundering schemes. even after this "crash," it is still overheated and is way, way up from just the 00's.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202582)



Reply Favorite

Date: June 7th, 2018 3:32 PM
Author: chrome zippy stead

"I'm early but I'm not wrong."

"I want my money back. Did you hear me Michael? Motherf*cker!"

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201832)



Reply Favorite

Date: June 7th, 2018 3:55 PM
Author: Concupiscible nofapping garrison

Only in certain cities like Denver, Phoenix, Vegas, etc. Older more established cities like LA, NYC, Chicago, DC, Philly, Boston, etc typically don't have volatile housing markets.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36201978)



Reply Favorite

Date: June 7th, 2018 4:09 PM
Author: mind-boggling fantasy-prone center cuckoldry

LA got hammered last time.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202035)



Reply Favorite

Date: June 7th, 2018 4:10 PM
Author: Thirsty Comical Factory Reset Button

Cr

Orange County also got hammered and OC has a more stable housing market than LA.

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202042)



Reply Favorite

Date: June 7th, 2018 5:31 PM
Author: ultramarine whorehouse

can't wait, will buy up more homes

(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36202569)



Reply Favorite

Date: June 11th, 2018 6:40 PM
Author: Startled Indian Lodge Legend



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36225934)



Reply Favorite

Date: June 11th, 2018 6:37 PM
Author: Thirsty Comical Factory Reset Button



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#36225922)



Reply Favorite

Date: November 23rd, 2019 2:56 PM
Author: Walnut 180 Crackhouse Hairy Legs



(http://www.autoadmit.com/thread.php?thread_id=3979192&forum_id=2#39161662)