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Old 02-05-2018, 06:57 AM
 
Location: MID ATLANTIC
7,556 posts, read 17,440,410 times
Reputation: 8020

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Well......if it happens again, It's on the appraisers, lol. Lord knows I can't even call an appraiser to tell him the key code has changed. Didn't they set it up the "independence" so it could never happen again?
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Old 02-05-2018, 07:14 AM
 
131 posts, read 108,332 times
Reputation: 49
So higher mortgage rates means house prices (those that are listed or will be listed) are going to fall ?
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Old 02-05-2018, 05:03 PM
 
Location: SF Bay Area
1,290 posts, read 1,689,845 times
Reputation: 806
There is no correlation.
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Old 02-05-2018, 07:04 PM
 
295 posts, read 154,373 times
Reputation: 271
Quote:
Originally Posted by dragontales View Post
There is no correlation.
R^2 values for metropolitan areas is > .72 so you are wrong
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Old 02-06-2018, 11:29 AM
 
4,512 posts, read 11,464,660 times
Reputation: 3002
Quote:
Originally Posted by Focused Husbandad View Post
Case Shiller indices at all time high. Now is NOT the time to buy!! The sale is right around the corner!!
#getagrip
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Old 02-06-2018, 12:06 PM
 
Location: Bel Air, California
20,344 posts, read 20,193,117 times
Reputation: 31521
Quote:
Originally Posted by Focused Husbandad View Post
R^2 values for metropolitan areas is > .72 so you are wrong
<<<not a pun

howzit hangin'
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Old 02-08-2018, 02:30 PM
 
727 posts, read 552,074 times
Reputation: 696
His methodology is flawed and proven incorrect by numerous financial market analysts. Sure, some cities are over-priced and will come down in a healthy manner (as they should) but no crashes are in sight.
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Old 02-12-2018, 08:02 AM
 
Location: Formerly Pleasanton Ca, now in Marietta Ga
4,034 posts, read 3,323,230 times
Reputation: 5442
I remember the last time people said not to buy. It's at a peak, it's going to drop! They said it every year. I sat on the sidelines for many years watching the homes go from the mid $200k up until they hit $600k when I bought in.
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Old 02-12-2018, 08:55 AM
 
Location: Rochester, WA
3,613 posts, read 1,907,899 times
Reputation: 9957
I think the 'bubble analogy' is being misused here...

You wouldn't "see" a bubble coming at you... if there is a bubble, according to the metaphor, we're inside it... aren't we?

~shrugs~
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Old 02-12-2018, 09:22 AM
 
Location: Raleigh NC
7,517 posts, read 5,952,276 times
Reputation: 6714
for comparison, from 2013 ....

2013-14 Housing Bubble is now WORSE than 2008 Bubble
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