

3,417,356
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
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Lise Howe
Washington, DC
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Elizabeth Murphree
Fairfax, VA
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Jay McHugh
Acton, MA
5,555,869
I am riding the wave and trying to keep my balance.
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Lise Howe
Washington, DC
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
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Jay McHugh
Acton, MA
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
1,713,581
It has to take a pause at some point. Markets don't keep going up as we painfully learned.
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Lise Howe
Washington, DC
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Jay McHugh
Acton, MA
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
544,164
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.
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John Slocum
Vancouver, WA
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
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Jay McHugh
Acton, MA
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Doug Dawes
Topsfield, MA
44,941
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...
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
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Jay McHugh
Acton, MA
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Doug Dawes
Topsfield, MA
5,386,075
I do not prognosticate on such issues... my crystal ball has been broken a very long time.
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Mary Yonkers
Erie, PA
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Fred Griffin Florida R...
Tallahassee, FL
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Lyn Sims
Schaumburg, IL
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Doug Dawes
Topsfield, MA
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Jay McHugh
Acton, MA
213,318
its a cycle-always is. if we don't get tax reform and eliminate gridlock we will see this turn the other way.
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Mary Yonkers
Erie, PA
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Thomas J. Nelson, REAL...
La Jolla, CA
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Candice A. Donofrio
Fort Mohave, AZ
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Doug Dawes
Topsfield, MA
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Jay McHugh
Acton, MA
1,639,074
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.
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
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Thomas J. Nelson, REAL...
La Jolla, CA
2,717,523
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!
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John Slocum
Vancouver, WA
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
1,112,762
Markets are cyclical, and unrestrained, too-rapid growth is unsustainable.
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Fred Griffin Florida R...
Tallahassee, FL
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Candice A. Donofrio
Fort Mohave, AZ
1,466,257
Jay McHugh The stock market just broke 22,000 a record high. Anything is possible.
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Mary Yonkers
Erie, PA
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Kevin J. May
Hobe Sound, FL
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
2,259,303
MAKE HAY WHILE THE SUN IS SHINING
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Mary Yonkers
Erie, PA
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Kevin J. May
Hobe Sound, FL
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Debe Maxwell, CRS
Charlotte, NC
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Jay McHugh
Acton, MA
3,074,716
Like Nina Hollander - crystal ball is in for repairs...
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Mary Yonkers
Erie, PA
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Jay McHugh
Acton, MA
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Doug Dawes
Topsfield, MA
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Nina Hollander, Broker
Charlotte, NC
5,546,993
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.
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Anthony Acosta - ALLAT...
Atlanta, GA
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Mary Yonkers
Erie, PA
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Lyn Sims
Schaumburg, IL
3,988,144
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.
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Thomas J. Nelson, REAL...
La Jolla, CA
1,014,038
My magic 8 ball says... "Please check again later"
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Candice A. Donofrio
Fort Mohave, AZ
1,875,058
Prices have not doubled. For god sakes, most of my area has just barely recovered.
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Jay McHugh
Acton, MA
5,345,926
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..
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Jay McHugh
Acton, MA
1,277,661
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
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
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Jay McHugh
Acton, MA
1,574,716
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!
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Mary Yonkers
Erie, PA
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Lee Keadle
Charleston, SC
2,362,586
5,201,148
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
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Mary Yonkers
Erie, PA
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Debe Maxwell, CRS
Charlotte, NC
1,153,799
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.
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Mary Yonkers
Erie, PA
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Thomas J. Nelson, REAL...
La Jolla, CA
5,774,106
Jay,
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
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Kevin J. May
Hobe Sound, FL
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Debe Maxwell, CRS
Charlotte, NC
2,871,882
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
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Mary Yonkers
Erie, PA
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Thomas J. Nelson, REAL...
La Jolla, CA
929,555
693,405
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 ...
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Jay McHugh
Acton, MA
2,231,519
4,322,295
Jay McHugh - and when we believe this can't continue, it does stop!
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Jay McHugh
Acton, MA
1,231,903
Everything is cyclical. What goes up must come down. Fortunately Erie, PA and western PA is 'slow & steady' rather than extreme highs & lows.
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Jay McHugh
Acton, MA
1,545,944
Enjoying this while it lasts and getting ready for the coming correction. It's already starting in my market.
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Mary Yonkers
Erie, PA
1,269,043
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 ?
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Mary Yonkers
Erie, PA
66,118
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.
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Mary Yonkers
Erie, PA
3,688,521
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.
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Mary Yonkers
Erie, PA
2,311,680
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.
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Mary Yonkers
Erie, PA
8,233,536
We will continue to have a strong market in the DC Metro Area.
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Mary Yonkers
Erie, PA
5,585,039
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!!
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Mary Yonkers
Erie, PA
3,447,046
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.
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Mary Yonkers
Erie, PA
4,434,277
6,052,598
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!
1,758,737
2,448,781
It is fascinating that the stock market and real estate are both strong - usually it is one or the other.
6,764,485
I will be selling a good share of my rentals this year, these trends are fairly predictable, what goes up, will come down.
3,986,529
773,386
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.
1,657,502
As I always belived we might not see much changes this year, but next year 2018,~ get ready.