I think people have believed the market will crash, each and every year... one after the other... year, after year... until "viola!", it actually happens... and then they say:

"Ya see... I told you so!"

🎶Some folks
Love to see red
Some folks
Never talk about it
Some folks
Crave a blue lady
Some folks
Know and still they doubt it

I'm just no good without it
I'm not a man at all
It makes my skin crawl🎶

You can put me down in the no column.

Real estate is local and hyperlocal.

Don't put stock in so-called journalists putting black marks on white to justify their existence.

Some people think about a lot of things.  

You bet. Get out while you still can.

No. Now do you believe me or that article?

"There will be fire and tribulation!" Book of Raj

well there are certainly no signs of it locally and real estate is local.

Seek the opportunities regardless of the market conditions.

I don't know what other people think, but I don't think the real estate market will crash.

And actually, that graph doesn't show a steady decline - it's saying that in the Flathead area, the monthly trends always go down in the later months of each year - that's why the graph compares the last four years for historical information. 

And it won't crash in the Flathead area since I'm moving there later this year and expect to be busy! 

What people are you talking about? 

Sometime in the next two years we will see a shift.

I have no idea about that. There are naturally occurring up & down business cycles. THIS I do know. There will be buying and selling of Real Estate in any market.

A real estate agent's perspective on this has to do with their own reality based on their experiences. 

Many of the real estate agents today - are ones that joined AFTER the last crash in 2007. 

They NEVER worked as agents through a crash, thus, they will be just as the agents who were around back then... heads in the sand. 

I love to be positive but I am also a realist. 

What goes up must come down. 

Since the last real estate crash was in 2007,  and if you study economics and if you study recessions, etc you will see that there typically is a recession about every 10 years or so. 

Recessions hit different segments of the market, the dot com boom and bust hit a different segment. The stock crashes effect real estate but not always as severe as a real estate crash. 

I would say--- you always need to be prepared to handle turns in the market. 

You may live and work in an area that has buffers and safeguards in your real estate. 

BUT just remember - that there was a day when every single agent said they would never ever do a short sale. 

When I was writing about short sales agents told me that I was crazy because i could get sued. I did them anyways. 

When I first got my real estate license, Jimmy Carter was at the end of his presidency and interest rates were over 21%. 

Everyone told me I was crazy to get into real estate then. The country was a mess. 

Very few people could qualify for a loan so we did wrap around mortages and assumption mortgages. Back then, it was legal to do those. 

It was the only way to get people into homes. 

You move with the economy, you find a way to make it when things are good and when things are not good. 

You learn to shift. 

Or you end up like the 10,000+ Realtors - who left our MLS in 2007! They all left real estate because they would not and could not do a short sale, and the inventory was super low---- they too--- had been stupid and jumped on the band wagon... we did a ton of real estate agent properties as short sales, as they were all filing bankruptcy... 

Never put all your eggs in one basket:) 

A day and half in - so far we're still OK! Whew!!!

no matter what the market conditions may be, there will ALWAYS be business....we must make adjustments to secure business and to finance it.... I think there's a blog post coming...

Talking heads are all about the negativity! Steer clear! Focus locally.

Our economy is strong and I am seeing nothing NEAR a crash this year. 

The local RE market appreciated just +1% in one year. Stock market went wrong way at FB, Google, and sluglish at best at Apple. My client 25 something couple did not have problem overpay and put 700K down on a home with a mortgage. Still had to overbid since the competition is still there. Very rarely home have sold below asking price last 14 years.

Those who believe in that article last 50 years are still renters.... 

Real estate is generally local. Chicago has seen slow appreciation for over two years yet some areas are white hot! Slowdown maybe, large downturn unlikely!

I'm with Ron and Alexandra Seigel : People have to move for one reason or another..good times and bad..they still have to move.

What are you talking about?  What is true is that both in the best of times and the worst of time people buy and sell homes.  A

No idea. 

Red Rubber Ball.... what goes up must come down and either way there is a market... and people to buy and people to sell... just have to work a little harder in a slow market

I think there is a transition occurring. "Crash" is a vague term; I take it to mean property values are declining year over year.  All of the national forecasts I see are showing a moderation of appreciation, not depreciating prices. Of course, national trends and forecasts are meaningless at the local level.  Will there be a crash in the new Amazon HQ locations; doubtful? Likewise, I'm sure there is a location where the economy is declining and could see depreciating prices year over year.  Perhaps in some towns where GM plants are laying people off.

Markets change. A crash is an exceptional event and something someone is always willing to predict.  I could find someone doing it for the past 5 years while it was a rocket ship going up.  Is it changing, yes, but crashing,  I don't see it. 

Crash? No...change, possibly but real estate is local so what happens in your area may be different than elsewhere.

Besmove Property many good responses.

Crash into my bank account. No I don't think so.

"Crash" is a strong word.

No crystal ball.

You're hilarious ......

We are seeing a shift in many areas from what I have seen and heard, including where I am. I don't see signs of a crash here.

I don’t have a crystal ball.  So no I don’t see a crash.

Only fools do.

The sky is not falling...

There's always Chicken littles out there 

I don't think that this chart indicates anything related to a downturn. It merely shows listing being added to the market and I do not see any significant changes year over year.

You know your market better than I do, but I would like to compare the number of sales year over year. If I saw a lot of homes being added to the market and a smaller number of sales that might worry me.

Not in my market, new construction going up and going under contract. Moving Forward! 

Crash?  Absolutely not!  Change?  Yep!  I'm excited for a changing but robust market

It seems ther is a small faction that wants the market to crash because it is the only way for them to make may money

A slow down maybe... but I personally dont't think that woud be a bad thing "locally"

Every market is local.  Can't make broad generalities like the papers love to do.  Last I checked the sky was still up there and not falling down.

It is what it is.  We deal with it. 

I'm sure some think so.  Others do not.

I do not see a crash. I do see caution depending what happens with interest rate. I see a fed hell bent on slowing Trumps economy. Therefore more rate hikes. If the rate goes over 5, the slow down could commence at a greater rate

I am in the Colorado Springs, CO market. We are seeing some adjusting, but no signs of a crash. I believe we are getting back to a more balance market this year!

Not at all! It will continue to flatten and slowly decline over the next several years, but a crash is a few years off based on the insights of the experts I have spoken with.

We needed a correction, but don't believe it will crash, just become more balanced.

More save guards in now compare to 2009

Who knows?

I would like to think of it as a correction rather than a crash. I suppose we will see soon enough.