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Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Typically, I would expect prices to get to a point where there aren't enough takers at which point inventory will increase and either prices will stay flat or even decrease.

Jan 06, 2016 03:34 AM
Rainmaker
4,272,548
Paul S. Henderson, REALTOR®, CRS
Fathom Realty Washington LLC - Tacoma, WA
South Puget Sound Washington Agent/Broker!

Last time the bubble busted getting us all wet!

Jan 06, 2016 02:59 PM
Ambassador
3,727,873
Patricia Kennedy
RLAH@Properties - Washington, DC
Home in the Capital

I've sort of stopped trying to predict the future.  Everything changes so quickly!

Jan 06, 2016 12:27 PM
Rainmaker
2,362,601
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

in the DC metro area we are essentially in a balanced market.

Jan 06, 2016 11:49 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

More building

Jan 06, 2016 07:42 AM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Our prices are still rising, single family homes inventory is low but we have thousands of  new condo units hitting the market now.

Jan 06, 2016 05:51 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Jeff,

It really depends on the particular marketplace.  Some areas in Santa Barbara County have high inventory and a low demand, and vice versa.  To generalize even in our small town is wrong, because it depends on so many factors.

Some areas depend on the economy of China for instance, which as you know is not so golden at the moment...A

Jan 06, 2016 04:50 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

Our prices have gone up very modestly and inventory has remained at 7 months plus for the last couple of years. I do not foresee a change from this and we consider this to be a stable market.

Jan 06, 2016 04:13 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Continued tght inventory, frustrated buyers and possibly small declines in sales because buyers can't find what they want in their budgets.

Jan 06, 2016 08:25 PM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Welcome to 2005!? 

Jan 06, 2016 08:11 PM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

We have this in our area.  I see it continuing for a while.

Jan 06, 2016 05:58 AM
Rainmaker
797,457
Liz Wallace
Century 21 Sherlock Homes - Rockville Centre, NY
Broker C21 Sherlock Homes, Rockville Centre, LI, N

This is a high demand  area and our inventory is low so I'm feeling very positive.

Jan 06, 2016 04:09 AM
Rainmaker
7,835,402
Roy Kelley
Retired - Gaithersburg, MD

We have a strong real estate market in our area. Many apartments are being build for those who are not buying homes.

Jan 07, 2016 01:44 AM
Rainmaker
1,157,785
FN LN
Toronto, ON

Continued high demand, increasing prices and low inventory.

Jan 06, 2016 09:06 PM
Rainmaker
823,579
Susan Laxson CRS
Palm Properties - La Quinta, CA
Realtor in San Diego, CA & Naples, FL

We see more builders coming into our area and creating more inventory. There is a pent up demand for properties under $1M, because we have so many that are over that threshold.

Jan 06, 2016 08:33 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I expect the market to remain stable.

Jan 06, 2016 07:58 PM
Rainmaker
2,538,633
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Jeff. In the local areas where my office is, there is plenty of inventory, but in couple of the states that I do business that I do mortgages, that is not the case.

Jan 06, 2016 05:57 PM
Rainmaker
2,759,812
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 more of the same. High demand low inventory

Jan 06, 2016 05:29 PM
Rainmaker
608,881
Mitchell J Hall
Manhattan, NY
Lic Associate RE Broker - Manhattan & Brooklyn

The median price for an apartment in Manhattan reached $1.1M in 4Q-2015. It's highest level ever recorded. Inventory is up 14% (finally) from a year ago but still undersupplied.

Bidding wars, high prices, higher and higher, buyers frustrated but with more and more iventory coming perhaps a correction is due. Maybe another crash. Sooner or later. It's already slowing at the $10M+ ultra luxury sector of the market. Not enough billionaires for all the new luxury construction. Builders may start cutting up 7,000 sf apartments that are not selling for $50M into several smaller units.

(I hope what I just heard on the news about the China stock market crashing and closing down won't be too bad here tomorrow) Who knows? Maybe it will help US real estate as safe haven for Chinese investors.

But then the cycle begins again and prices start going up then go even higher than the last cycle.

10 years from now people maybe saying "I'm sorry I didn't buy that 1 bedroom condo when it was only $1.1 million back in 2015. :-)

Jan 06, 2016 11:58 AM
Ambassador
3,164,244
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I'll have to get back to you IF that ever happens.

Jan 06, 2016 11:13 AM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

Our prices have gone up slightly and in some cases we are starting to experience multiple offers. 

Jan 06, 2016 11:04 AM
Rainer
223,831
LUXURYSOCALREALTY COMPASS La Jolla
Compass - La Jolla, CA
San Diego Partner - The Private Client Network

Coastal San Diego limited land for sale, healthy demand for sunshine, and limited inventory.

Jan 06, 2016 10:37 AM
Rainmaker
1,683,912
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

We have a lot of empty foreclosed homes, that have not yet come back on the market.  We're anxiously waiting.

Jan 06, 2016 10:29 AM
Rainmaker
140,768
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

In my area, I think the market will continue to slowly rise.  Inventory has tightened, and depending on weather, spring sales should take off in March.

Jan 06, 2016 10:07 AM
Rainer
417,221
Caroline Gerardo
Licensed in 20 states - Newport Beach, CA
C. G. Barbeau the Loan Lady nmls 324982

 In High End Coastal Orange County we have not hit 2007 prices yet. Sellers list high and take off market. Condos and entry level are 90% of 2007 market prices in South Orange County and 95% in North Orange County. Properties under $590000. sell with multiple offers. (My company owned by a builder so no comment about the brand BUT...) Builders in Orange County are slapping up $800000- $1,200,000 houses like there is no tomorrow. They are all hunting for infill lots to build new. Buyers are out on weekends and getting preapproved in record numbers. What will make them put their money down and close?? - new president? Janet Yellen saying the sky is falling or just time to move up?

Jan 06, 2016 08:44 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

None of the above. We still have low inventory but our DOM is 90. I'm outside of Chicago.

Jan 06, 2016 08:24 AM
Rainmaker
1,231,853
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Slow & steady is how I describe Western PA.

Jan 06, 2016 07:27 AM
Rainmaker
617,935
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Jeff,
We have very limited legal pot so we will stay positive but reasonable.

Jan 06, 2016 07:23 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The Tampa Bay area has the exceptional benefit of a lot of out of area, out of state, out of country buyers. Most of the big water view real estate is owned by citizens of other countries.

I expect to see a slow Spring, reduced closings, then they will pull the trigger for an exceptional 3 and 4th quarter. Then the expected babble from the media and gurus.

Jan 06, 2016 04:49 AM
Rainer
150,416
Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Unfortunately, I think we will see at least another year of the same.

Jan 06, 2016 04:47 AM
Ambassador
6,393,154
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

We work with the ebbs and the flows.

Mar 19, 2019 08:27 PM
Rainer
84,578
Fathom Realty Group Inc.
Fathom Realty Group Inc - Orange, CA
Get Paid what your WORTH!

Prices are going up no matter what happens to interest rates.  population is growing faster than housing availability.

Jan 12, 2016 05:51 PM
Rainmaker
979,496
Troy Erickson AZ Realtor (602) 295-6807
HomeSmart - Chandler, AZ
Your Chandler, Ahwatukee, and East Valley Realtor

Jeff - The market always fluctuates, and if it gets too extreme in one way, it usually starts working its way back the opposite direction. Sometimes it is a slow transition, and other times, like back in 2006-07, the bubble burst.

Jan 08, 2016 02:00 PM
Rainmaker
4,572,042
Michael Jacobs
Pasadena, CA
Pasadena And Southern California 818.516.4393

First:  It varies by location and price range within that area.

It is still a seller's market in most of the areas I cover but not as extreme.  

We are starting to see price reductions and more inventory is some areas.

And we are still seeing multiple offers and sale prices over list.  

 

Jan 07, 2016 12:42 AM
Rainmaker
5,868,472
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Denver has enjoyed a vibrant market for a couple years now, and has already started with a bang. 

Jan 06, 2016 11:49 PM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

more listings linger on the market and then prices fall, if the seller wants to move....

Jan 06, 2016 11:40 PM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

In our area real estate will remain strong because the job market is strong.

Jan 06, 2016 10:17 PM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

It will all depend how much the FED wants to mess with the economy, a coupe of quick increases in the rate can put the brakes on fast

Jan 06, 2016 09:37 PM