Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
10y
There are always doomsayers, and most of the time they are wrong. The times they are right, are not because they were actually right...it is merely the fact that sometimes markets crash, and if you always say it is going to crash you are going to appear like a genius at some point. A broken clock is right twice a day.
But for a buy and hold, long term investor....it shouldnt matter if the market crashes. If you buy right, then it shouldnt matter if the market crashes. In fact, market crashes should really just be buying opportunities.
Investor · Willow Spring, NC · Member since 2009 · 5k+ posts · 3k+ votes
10y
The site is all about selling you tools for one market segment: mortgage defaults (so REO and defaulted notes.) The reality is that REOs are half what they were 2 years ago and the trend is down. The latest barometer for residential loans is Fannie Mae and their most recent SEC filings. The section "Housing and Mortgage Market and Economic Conditions" on page 15 gives a good overview of the current US housing market. Better data than a site dedicated to pumping fear.