M𝐨𝐫𝐭𝐠𝐚𝐠𝐞 𝐝𝐞𝐦𝐚𝐧𝐝 𝐭𝐨 𝐛𝐮𝐲 𝐡𝐨𝐮𝐬𝐞𝐬 𝐣𝐮𝐬𝐭 𝐩𝐥𝐮𝐦𝐦𝐞𝐭𝐞𝐝 𝐭𝐨 𝐢𝐭𝐬 𝐥𝐨𝐰𝐞𝐬𝐭 𝐥𝐞𝐯𝐞𝐥 𝐢𝐧 𝟏𝟎 𝐦𝐨𝐧𝐭𝐡𝐬 𝐚𝐬 𝐭𝐡𝐞 𝐛𝐮𝐲𝐞𝐫'𝐬 𝐬𝐭𝐫𝐢𝐤𝐞 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞𝐬.The MBA mortgage purchase index is now at 150.57% crash from pandemic peak.40% drop from 2018-2019 levels.𝑇ℎ𝑒 𝐺𝑟𝑒𝑎𝑡 𝑅𝑒𝑐𝑜𝑣𝑒𝑟𝑦 𝑜𝑓 2026 is not happening. 

I talked with my attorney who really hasn't done any short sales since the crash.

https://www.construction-physics.com/p/what-makes-housing-so-expensiveI see clickbait headlines about how new ways of building homes (whether that be a 3D printed home or other strategy) will completely disrupt the real estate industry and crash home prices.I think we are far away from that.

It went way up in value and has crashed in the last 6 months.

Some of the new AI stuff will crash and burn...it's not perfect by any means - but what we have now is nuts. 

No coastal hangovers.We are not a bubble market.We are not a crash market.We are a durability market.And durable markets compound quietly.If you’re local, don’t let national headlines distort local math.If you’re out of state, this is one of the more rational entry points in the country right now.Confidence doesn’t come from optimism.

have they managed similar opportunities through a crash like 2007-2008?"

I've had pretty good success with them over the years, but every now and then you will find one that drags on forever and then goes to foreclosure or just crashes. 

Right after the last crash, we were operating a successful fund that bought severely distressed commercial loans out of banks.

.- Takes me back to right after the 2008-2010 Great RE Crash when many high FICO score homeowners walked away from their upside down houses and rented.