The market doesn’t feel like it’s crashing to me

The market doesn’t feel like it’s crashing to me

Jorge VazquezBusiness Member
Real Estate Broker · Tampa, FL · Member since 2017 · 1k+ posts · 692 votes

The market doesn’t feel like it’s crashing to me, it feels like it’s resetting. Rates went up, buyers slowed down, sellers are adjusting expectations, and negotiations are back. That’s not a collapse, that’s normalization after years of emotional pricing and cheap money. Inventory is still tight in many areas, lending is more disciplined, and most owners have equity, which makes this very different from 2008. For investors especially, this kind of market usually rewards patience, underwriting, and long-term thinking instead of speed. What are you seeing in your local market right now, more hesitation, more deals, or just a slower pace overall? Does not feel like 2008.

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  • Greg ScottPro Member
    Rental Property Investor · SE Michigan · Member since 2014 · 4k+ posts · 6k+ votes
    9mo

    The market isn't crashing and it is nothing like the GFC.  One chart says it all....

  • Theresa HarrisPro Member
    Member since 2019 · 15k+ posts · 11k+ votes
    9mo

    I would hope 2008 in the US doesn't ever repeat itself and measures have been put in place to prevent a repeat.  I'm in Canada and where I am, prices have gone up a bit, and houses that aren't overpriced are selling pretty quickly.

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