Jay McHugh, YOUR SendOutCard Mentor (SendOutCards-Appreciation Marketing Expert)

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Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

We are not experiencing the"crazy prices of 2004 and 2005. Values have come up, but buyers are not over paying and appraisers are crushing sales. As for the economy, as long as they are giving mortgages to those qualified and rates stay put we are good. If rates go up sharply and lending stops, so goes the economy

Aug 03, 2017 05:27 AM
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

I am riding the wave and trying to keep my balance.

Aug 03, 2017 04:49 AM
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

It has to take a pause at some point. Markets don't keep going up as we painfully learned.

Aug 03, 2017 04:32 AM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

If interest rates rise dramatically it will slow down property price increases. 

If gas prices jump to $4.00 per gallon again, that too will slow down property price increases. 

If both interest rates and gas prices jump then we will see a levelling off of property prices and possibly a reduction of prices.

Aug 03, 2017 04:02 AM
Dan Capra
LAER Realty Partners - Lowell, MA
Listing/Buyer Agent

Outsatnding question Jay...I can't preditct what will happen. I have read conflicting articles discussing what is going to happen with the real estate market. One article states that we aren't slowing down due to the rise in population and growth in the market place and the other is saying that real estate prices are not sustainable with the lack of growth in income..like Dave Halpern said, we just need to keep ourselves informed with the interest rates...

Aug 03, 2017 04:11 AM
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

I do not prognosticate on such issues... my crystal ball has been broken a very long time.

Aug 03, 2017 03:50 AM
Dennis Swartz
Full Circle Property Management - Columbus, OH
MBA, GRI...experience counts!

its a cycle-always is. if we don't get tax reform and eliminate gridlock we will  see this turn the other way.

Aug 03, 2017 03:49 AM
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

It's supply & demand driven, not bad ARM loan driven, so it will take buyers saying "enough" or something happening in the world to jar it off the current path. Also, it's a response to the new construction shortages created in the Great Depreciation Market and the fact that so many more people invested in buy & hold properties during that period, thus removing thousands of resale units from the market that used to be there in 2005. A correction is due, but not a bubble, a "normal" cycle is due. I'm hoping for it as I'd like to see some of  these bozo discount brokers get decimated.

Aug 03, 2017 07:15 AM
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

  The roller coaster is creeping up to the pinnacle... the view is incredible at this height... the coaster climbs higher... the riders can't see any more track ahead of them... the apprehension and excitement builds as they prepare for an 80 mile per hour almost straight down drop.

  That's the market we are in... get ready!

Aug 03, 2017 06:45 AM
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Markets are cyclical, and unrestrained, too-rapid growth is unsustainable.

Aug 03, 2017 06:41 AM
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Jay McHugh The stock market just broke 22,000 a record high. Anything is possible.

Aug 03, 2017 06:37 AM
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist


Aug 03, 2017 05:42 AM
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Like Nina Hollander - crystal ball is in for repairs...

Aug 03, 2017 04:51 AM
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The right Charlotte REALTOR!

I feel like things are definitely different than they were in 2008, the beginning of The Great Recession. NINJA morgtages are a thing of the past, appraisal management companies have been put into place and the qualifications to purchase are more strict than before. 

In 2007, just before the downturn, we had plenty of inventory - prices were artificially inflated then with no control over appraisals. NOW, things are quite different and inventory is painfully low, driving prices up. There's a huge difference in my opinion. 

Aug 03, 2017 07:54 AM
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

What goes up must come down. Not sure if it will be a drastic correction in the next 24 months but I am expecting something in the stock market arena. Our real estate market is up 10-20% so no big corrections expected there.

Aug 03, 2017 07:06 AM
Jennifer Mackay
Counts Real Estate Group, Inc. - Panama City, FL
Your Bay County Florida Realtor 850.774.6582

My magic 8 ball says... "Please check again later"

Aug 03, 2017 05:10 AM
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

Prices have not doubled. For god sakes, most of my area has just barely recovered.

Aug 03, 2017 05:07 AM
Dorie Dillard Austin TX
Coldwell Banker Realty ~ 512.750.6899 - Austin, TX
NW Austin ~ Canyon Creek and Spicewood/Balcones

Good question and one that has the experts puzzled. Not the same as in 2004-2007 when inventory was massive. Real estate has low inventory, driving the prices up, people are finding jobs and optimistic..interest rates..we need to watch what they do. We all know markets can't continue at the pace but many are enjoying the ride..

Aug 03, 2017 05:05 AM
Doug Dawes
Keller Williams Evolution - 447 Boston Street Topsfield, MA - Georgetown, MA
Your Personal Realtor®

With prices rising and inventory still shrinking and who knows what the Fed will do I think we will still have a strong market but are nearing the end a business cycle. I'm cautiously neutral

Aug 03, 2017 05:00 AM
Gary L. Waters Broker Associate, Bucci Realty
Bucci Realty, Inc. - Melbourne, FL
Eighteen Years Experience in Brevard County

24 months I predict a down turn... 14 months I predict a slow down.... 18 months I retire.... The only one for sure is the last one!

Aug 03, 2017 11:22 AM
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

Sell high.  Buy low.

Aug 03, 2017 08:46 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

I don't think it will be a drastic correction but correct it must. THis cycle can't continue - salaries are not keeping pace with prices

Aug 03, 2017 07:28 AM
Kevin J. May
Florida Supreme Realty - Hobe Sound, FL
Serving the Treasure & Paradise Coasts of Florida

Want to get a better look into the future? Look no further than the past, as in AR posts from '06, '07, '08 for similarities.

Aug 03, 2017 06:54 AM
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy


Not willing to guess.  What is good is that many jobs have been created and more are coming down the pike.  That is what matters in my opinion. A

Aug 03, 2017 06:22 AM
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Interest rates are like a cheer leading squad (do it again we like it) louder than ever causing buyers to stop renting and plunge into ownership. Sellers are sitting on equity and considering trading up or cashing out to relocate. Rental property values remain high and consistent. Steady eddie is upon us

Aug 03, 2017 06:11 AM
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

I try not to predict what I have little control over.

Aug 03, 2017 05:58 AM
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Sell now; slow times are coming.

Aug 05, 2017 06:25 AM
John Slocum
Premiere Property Group, LLC - Vancouver Washington - Vancouver, WA
Broker, SFR - Vancouver WA Real Estate

The National home loan market is rigged - how can it not be when the Federal Reserve loaded up with $1.8 Trillion in mortgage-backed securities (MBS) after the Crash;  and loaded up with other financial instruments as well.  Pretty soon Thelma and Louise will leave pavement, and terra firma ...

Aug 04, 2017 04:11 PM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Aug 03, 2017 09:53 PM
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Jay McHugh - and when we believe this can't continue, it does stop!

Aug 03, 2017 09:08 PM
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Everything is cyclical. What goes up must come down.  Fortunately Erie, PA and western PA is 'slow & steady' rather than extreme highs & lows.

Aug 03, 2017 02:47 PM
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Enjoying this while it lasts and getting ready for the coming correction.  It's already starting in my market.

Aug 03, 2017 02:26 PM
Sam Shueh
(408) 425-1601 - San Jose, CA
mba, cdpe, reopro, pe

Tripled to quadropleted vs 2011 Great Recession bottom.

Fix upper in rating 5-6 Northern CA schools, high crimes close to nine tenth million dollars? Typ 5-6 offers.

The neighborhood surprised everyone is East Palo Alto. $1.2M ?


Aug 03, 2017 12:57 PM
Lee Keadle
Carolina One Real Estate - Charleston, SC
Keadle Real Estate Group

I'm enjoying the upswing while I can.  Our MLS has seen so many record sales months over the past year, it's hard to keep track.  No, it won't last forever, but if I can survive the last downtown I can survive another one.  It simply goes with the job title.

Aug 03, 2017 12:37 PM
Anna Banana Kruchten Phoenix Broker
HomeSmart Real Estate - Phoenix, AZ

Jay it's going up here at a steady pace - not as nuts as in other area. I surely hope we never see another 2008. But if we do I'll be ready.

Aug 03, 2017 10:46 AM
Belinda Spillman
Aspen Lane Real Estate Colorful Colorado - Aurora, CO
Colorado Living!

I think it is regional.  Hard to say if prices will continue to rise.  I kind of hope they will slow a bit so more people can afford housing.

Aug 03, 2017 10:03 AM
Roy Kelley
Retired - Gaithersburg, MD

We will continue to have a strong market in the DC Metro Area.

Aug 03, 2017 09:56 AM
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

within the next 2 years, we'll probably tank again... I like that....It filters out the debris in our business.... scan your office for that factor!!

Aug 03, 2017 09:42 AM
Kathleen Daniels, Probate & Trust Estate Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

Seeing similar if not worse in my market.  No inventory with high demand is driving home prices up through the roof and to the moon and back! I do not see how it is sustainable.  

Aug 03, 2017 08:13 AM
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

I do not know.

Aug 03, 2017 06:16 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It is tough thinking this roller coaster will continue.  We have seen 9-11% increases every year for the last 4 years, and the economists SAY we shall see another two more for sure.   We shall see! 

Aug 06, 2017 10:28 AM
Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

I do not concern myself over forces I cannot control

Aug 04, 2017 06:23 AM
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

It is fascinating that the stock market and real estate are both strong - usually it is one or the other. 

Aug 04, 2017 04:12 AM
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I will be selling a good share of my rentals this year, these trends are fairly predictable, what goes up, will come down.

Aug 03, 2017 10:04 PM
William Feela
Realtor, Whispering Pines Realty 651-674-5999 No.

It wll continue until the linventory levels out,

Aug 03, 2017 06:48 PM
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Our market has had 10% increase in values or more each year for the last 6 years. It cannot continue.  We are seeing price reductions starting to hit MLS.

Aug 03, 2017 05:55 PM
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

As I always belived we might not see much changes this year, but next year 2018,~ get ready. 

Aug 03, 2017 04:34 PM