3,350,439
I am not. I do not look for or expect gloom and doom.
Whatever the future brings ... whatever will be, will be.
Que Sera Sera
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Ray Henson
Elk Grove, CA
-
Hella M. Rothwell, Bro...
Carmel by the Sea, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Steve Higgins
Kelowna, BC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Eve Alexander
Tampa, FL
-
Raymond E. Camp
Ontario, NY
-
Bob Crane
Stevens Point, WI
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
John Juarez
Fremont, CA
-
Nina Hollander, Broker
Charlotte, NC
-
Susie Kay
Plano, TX
-
Kathleen Daniels, Prob...
San Jose, CA
5,257,719
With stricter lending practices than we had prior to 2008 and buyers able to pay those higher prices, we are in a totally different financial climate than we were in 2008.
I don't expect a 'crash' at all but, I do feel strongly that rates need to increase to get us moving towards a more neutral market. Perhaps a correction but, certainly not a crash in my humble opinion.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Ray Henson
Elk Grove, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Joan Cox
Denver, CO
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Carol Williams
Wenatchee, WA
-
Brenda Mayette
Glenville, NY
-
Andrew Mooers | 207.53...
Houlton, ME
-
Michael Jacobs
Pasadena, CA
1,506,923
No. There wasn't a crash during the pandemic, why would we have one now?
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Ray Henson
Elk Grove, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Lyn Sims
Schaumburg, IL
-
Brenda Mayette
Glenville, NY
-
Bob Crane
Stevens Point, WI
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Nina Hollander, Broker
Charlotte, NC
4,584,040
I tend not to expect nor predict such things.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Ray Henson
Elk Grove, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Joan Cox
Denver, CO
-
Karen Climer
Orlando, FL
-
Bob Crane
Stevens Point, WI
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
John Juarez
Fremont, CA
-
Susie Kay
Plano, TX
-
Kathleen Daniels, Prob...
San Jose, CA
6,424,277
I doubt it since builders are not over building like they were the last time.
However if it does crash I am ready to start buying and fixing up foreclosures again.
-
The Woodland Companies...
Wasilla, AK
-
Fred Griffin Florida R...
Tallahassee, FL
-
Ray Henson
Elk Grove, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Bob Crane
Stevens Point, WI
-
Andrew Mooers | 207.53...
Houlton, ME
1,325,924
Stating that home prices are "inflated" implies that the prices are not sustainable. Tony Lewis, It implies that there is something amiss with current real estate valuations. Yet, buyers are willing to pay the prices for homes that they desire and which they expect will continue to increase in value for the term of their ownership.
Real estate cycles for a buyer's market, seller's market' and level market come and go. We have been is a seller's market for a unusually long time. It is time for a correction? Maybe. What will cause a correction? Inflation? Higher mortgage rates? Lack of desire on the behalf of buyers to pay for more expensive houses on an ongoing basis? What???
Crash? No, I do not think so. A market correction is not a crash.
-
Fred Griffin Florida R...
Tallahassee, FL
-
Ray Henson
Elk Grove, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Joan Cox
Denver, CO
-
Brenda Mayette
Glenville, NY
-
Andrew Mooers | 207.53...
Houlton, ME
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Shayne Stone
Fulshear, TX
509,449
I have no idea, Tony. I know one of my first time home buyers has decided to wait.
-
Ray Henson
Elk Grove, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Joan Cox
Denver, CO
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Susie Kay
Plano, TX
1,208,838
No, we are more into a normal seasonal slowdown right now. Buyer remorse might kick in but the market will slowdown, level off but no crash unless job market tanks.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Peter Mohylsky, Destin...
Miramar Beach, FL
808,679
Not expecting a crash, however I don't think we will see the increases we have been seeing. Probably a 1-3% increase in the coming years.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Joan Cox
Denver, CO
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
5,773,192
Tony,
I expect the best every single day! Opinions are just that--opinions. A family member predicted that the Internet was nothing but a fad...
When Elon Musk was asked what question would you ask an alien? His answer was: What's beyond simulation? Now I am wondering if our friend Brian England heard that?
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Brian England
Gilbert, AZ
-
Kathleen Daniels, Prob...
San Jose, CA
-
Steve Higgins
Kelowna, BC
5,879,125
I don't see it crashing, but know it needs to slow down.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
5,245,272
Prices may level a bit but no crash in the offing.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Lyn Sims
Schaumburg, IL
2,246,285
You and I don't make the market. You and I adjust our "sales" to adapt to whatever market. There is always always a market and how you and I operate in it shows what was learned in earlier ones. People gotta sell, want to buy and get a bigger share of whatever market than other agents in it wished you did. Don't listen to anyone at a water cooler conversation that says no market, don't bother going after listings that won't sell. Price listings correctly and do a better job with your marketing so they do. Bob Crane takes the right approach and will stay busy, be profitable no matter what the market. Have a healthy inventory for all the segments is the key. Listings are king.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Fred Griffin Florida R...
Tallahassee, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Ron and Alexandra Seigel
Carpinteria, CA
-
Michael Jacobs
Pasadena, CA
-
Carol Williams
Wenatchee, WA
-
Brenda Mayette
Glenville, NY
-
Bob Crane
Stevens Point, WI
5,116,278
I do not.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
John Juarez
Fremont, CA
-
Kathleen Daniels, Prob...
San Jose, CA
2,222,275
I do not.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Joan Cox
Denver, CO
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Michael Jacobs
Pasadena, CA
1,458,169
Here in Canada, we did not experience the big crash you did. However, I've several clients now liquidating their rental properties because they are anticipating a crash and would rather have the cash in their accounts rather than tied up in property. Many are holding onto only their principal residence.
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Lyn Sims
Schaumburg, IL
-
Andrew Mooers | 207.53...
Houlton, ME
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
1,202,572
I don't know when the next down cycle will happen but I do expect to see a "correction" when it does.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Steve Higgins
Kelowna, BC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Joan Cox
Denver, CO
648,405
I see no evidence to support thinking a "crash" is imminent.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
716,925
Real estate will not crash due to lack of inventory with strong demand. I do expect prices to level off and stop their dramatic rise. Low interest rates should continue as well.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
853,612
Crash? No. This is an inventory issue. I doubt we'll see a return to former price points given the establishment of the current valuations. The frenzy will die down & bigger economic changes will add to the correction. Some will label it a crash for dramatic effect. Nothings lasts forever... a correction is on its way... at some point. ;)
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Michael Jacobs
Pasadena, CA
2,459,143
No
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Ron and Alexandra Seigel
Carpinteria, CA
588,348
We shall see! My concern at this point is the prolong on evictions and foreclosures and what would happen once they are lifted...
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Shayne Stone
Fulshear, TX
7,870,518
Nope.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Ron and Alexandra Seigel
Carpinteria, CA
-
John Juarez
Fremont, CA
3,141,078
I do not have a crystal ball...🔮
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
2,785,456
Real Estate cycles are no myth. They are like nature in that they finish their run to start another and another etc. This cycle is more natural as in willing buyer & seller with no acts of man or God aggressive dynamics. Builders are having to make decisions however as to build, hold or land-bank because of short supplies and governmental interference (eviction ban)? taffy-pulling against low interest rates and fear driven (insecurity) purchasing which promotes demand. People want a place to call home and will defend it now more than ever. How long will this go on? The expected downturn, if left to its own, will travel concurrently with the presidential term is one scenario...Another? Risky State, local & gov interventions
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
431,032
Crash, hopefully not. Cooling down, yes. I think things will slow down a bit, but not a repeat of 2007-2010 or so.
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
921,504
Not expecting but I also don't think that it matters.
Just as we learned 15 years ago, the agent business must be agile.
Today I do not see players like Bank of America corrupting the lending marketplace or other framework institutions creating an unstable economy.
But, I only takes one state player with expectional 'hacking' services to show the USA how vulnerbable we all are. The cashless socieity places ALL THEIR TRUST in the middleshere of unknown faces who will never be able to restore victims to wholeness.
At this time that is the Achellies Heel I see in the USA banking system and economy.
-
Steve Higgins
Kelowna, BC
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Doug Dawes
Topsfield, MA
-
Michael Jacobs
Pasadena, CA
1,554,897
There's no crash coming.
-
Joan Cox
Denver, CO
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Steve Higgins
Kelowna, BC
-
Thomas J. Nelson, REAL...
La Jolla, CA
2,684,769
Nope. I imagine that a lot of people will lose their jobs as the Economy continues its downward spiral, many people will be hurting. But I don't foresee a "crash" or a huge drop in prices.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Steve Higgins
Kelowna, BC
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Joan Cox
Denver, CO
420,003
I have been waiting for the Great and Powerful Oz to answer that question for a long time. I'm no good at timing markets.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Kathleen Daniels, Prob...
San Jose, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
1,078,351
Bubbles cause crashes. Supply & demand economics do not. We're seeing short supply, high demand, and logistically-challenged industries (trucking, building, supply chain, etc) keeping supply lower than it should be. No crash ahead.
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
-
Doug Dawes
Topsfield, MA
2,195,099
Inflation is here to stay . The Government has created 11 Trillion Dollars backed by nothing . It has plans for yet another 4 Trillion ! These type of things fuel Inflation ( and create havoc on the Purchasing Power of our Dollar ). If a Buyer can settle a Property at 3.5 or less % , they could actually be in good shape over a decade of hyper inflation
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Michael J. Perry
Lancaster, PA
693,775
If I was to guess, I would say that the market will flatten out and go sidewise or slightly up the next couple of years.
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Joan Cox
Denver, CO
1,242,204
I imagine after the Covid moratorium there is a new surge of REO as many out of work people or landlords have not paid their mortgage on time.
I imagine if there are multiple market crashes, may be Silicon Valley modest homes will be still $1,000,000.00 Is current $4M dollars small homes in PA going to sustain forever?
-
Anthony Acosta - ALLAT...
Atlanta, GA
-
Tony Lewis
Valencia, CA
-
Annette Lawrence , Pal...
Palm Harbor, FL
3,168,134
My crystal egg says.... be prepared for any shift, but don't expect anything because you'll likely be disappointed if you are wrong and out of business if you are saying that sort of thing to clients and then it doesn't come to pass.
-
Annette Lawrence , Pal...
Palm Harbor, FL
-
Debe Maxwell, CRS
Charlotte, NC
-
Michael Jacobs
Pasadena, CA
381,587
I anticipate continued price increases, higher rates and runaway inflation. (and yes my answer is political)
-
Thomas J. Nelson, REAL...
La Jolla, CA
-
Debe Maxwell, CRS
Charlotte, NC
-
Anthony Acosta - ALLAT...
Atlanta, GA