Were are we in the RE Market Cycle and how should I know

Were are we in the RE Market Cycle and how should I know

Coconut Creek, FL · Member since 2017 · 9 posts · 0 votes

Hi 

I am going through the free training and it talks about the RE market cycle, where are we now?

Tipping point

Decline

Bottom

Climb

Peak

I feel I should know that, but how do I keep abreast of that type of thing? 

Thanks!

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Member since 2016 · 13k+ posts · 12k+ votes
9y

Your government policies are highly inflationary, additionally real estate has been on a long climb since 2008 so we are likely near a peek. When rates climb the scales will tip.

Most jobs that are created will likely be low pay and at the tax payers expense, this will also contribute to the tipping point. The next two years will tell all. Maybe. No one really knows.

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  • Real Estate Agent · Cupertino, CA · Member since 2016 · 4k+ posts · 1k+ votes
    9y

    Supply vs demand, interest rate, sold/asked $ ratio, DOM will tell you the trend.

    The key is employment or affordability.....  

    We probably reached to a peak. If T creates more jobs in your area, that might mean it will climb to another plateau with a stronger momentum.   That is why Feds will have another interest rate hike to curb inflation. The minute the oil prices return to previous high level, with high inflation, high interest rate you will see a decline in demand and lower home prices.

  • Member since 2016 · 13k+ posts · 12k+ votes
    9y

    Your government policies are highly inflationary, additionally real estate has been on a long climb since 2008 so we are likely near a peek. When rates climb the scales will tip.

    Most jobs that are created will likely be low pay and at the tax payers expense, this will also contribute to the tipping point. The next two years will tell all. Maybe. No one really knows.

  • Investor · Orange County, CA · Member since 2015 · 2k+ posts · 3k+ votes
    9y

    Hang on, let me consult my magic 8-ball ... it says "out of order", doh! Guess I'll just have to analyze any deals on their own merits, maintain sufficient margin for safety, and have multiple exit strategies, but that sounds like it will be a lot of work so maybe I should just look for an easier answer from a guru with fancy charts.

  • Coconut Creek, FL · Member since 2017 · 9 posts · 0 votes
    9y

    Thank you Sam and Greg, that's useful.

    No worries David, I want to know where the market is, but I never said that will stop me from analyzing my deals properly. 

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