Is the housing market going to crash for real this time?
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37 sats \ 6 replies \ @Coinsreporter 27 May
Beats me to it by a few seconds. Haha
I don't think it's going to crash. It's just an odd month. We need multiple months like this to see a crash. Would you invest if it crashes?
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17 sats \ 5 replies \ @Undisciplined OP 27 May
We've been looking into moving for a while. If a market we're interested in crashes more than the one our current house is in, then we probably will move.
I wouldn't think of it as investing though, other than the loose sense of investing in our lifestyle and wellbeing.
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38 sats \ 2 replies \ @sangekrypto 27 May
Today you change your investment, a few months later there will be a change, because I experienced something like that, I changed it, it turned out that after a few months the price had become more expensive.
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0 sats \ 1 reply \ @Undisciplined OP 27 May
We'd be taking advantage of an opportunity to improve our standard of living. I have no interest in investing in real estate.
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0 sats \ 0 replies \ @sangekrypto 17h
Maybe it depends on each person's taste, hopefully there is a best way, my friend.
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24 sats \ 1 reply \ @Coinsreporter 27 May
I used to invest a good portion of my money in real estate when I was working. I at least saw one real estate market crash back then and tbh it was uglier than I could assume. Luckily, I had all of my properties sold before it crashed. But it recovered sooner than I anticipated.
So, why not you buy a new one in the crash and sell the old one when it recovers?
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0 sats \ 0 replies \ @ZezzebbulTheMysterious 27 May
Why not buy a bitcoin and sell it when the market is high, and buy back in when it’s low…
Because you can’t time the market, any market.
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22 sats \ 2 replies \ @kepford 27 May
Nah, not yet at least.
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41 sats \ 1 reply \ @Undisciplined OP 27 May
I don't think so either
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22 sats \ 0 replies \ @kepford 27 May
Residental real estate tends to be seasonal and increases as school breaks for summer so I expect the numbers to go up for May-July.
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23 sats \ 3 replies \ @Riberet 27 May
It is difficult to say with this data if it will collapse; we would have to see how the market acts in the coming months.
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10 sats \ 2 replies \ @Undisciplined OP 27 May
This is from March, so we can at least anecdotally say that there has been no crash in the two months following.
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41 sats \ 1 reply \ @Riberet 27 May
In 2022, it seems there were about 7 consecutive months of decline, and I don't remember any crashes, but during that year the economy in general was quite tense.
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15 sats \ 0 replies \ @Undisciplined OP 27 May
I think those came after the interest rate hike. For most people, new monthly mortgage payments continued rising.
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33 sats \ 1 reply \ @grayruby 27 May
I don't know about crash but persistently high mortgage rates for the past few years are definitely taking a toll.
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40 sats \ 0 replies \ @Undisciplined OP 27 May
If there's an interest rate cut, that will presumably mask weakness in real estate.
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27 sats \ 1 reply \ @thecommoner 27 May
Not sure that "crash" is an accurate descriptor...
(Side thought) - I need to look into housing markets in economies going through periods of higher inflation....do they really crash or just kind of rotate through a devaluation/revaluation process?
I think its more likely that we have "area markets" that are highly negatively impacted when compared to the "median" and other "area markets" that are simply better positioned to retain values closer to or maybe even getting more costly?
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0 sats \ 0 replies \ @Undisciplined OP 27 May
Very good point.
For a long time, and especially since Covid, Americans have been moving out of major metro areas and into mid-metros. Given the huge disparity in real estate prices between the two types of metros, there's some natural cost reduction that has little to do with lifestyle downgrades or a general crash.
I'm particularly interested in the DC real estate market right now. Despite how underwhelming DOGE has been at draining the swamp, lots of swamp monsters seem to be moving out.
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0 sats \ 0 replies \ @Coinsreporter 27 May
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