/r/REBubble
A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.
A place to freely discuss and investigate the current US housing bubble. Share evidence, zillow screenshots and other interesting items.
Rules:
1. No personal attacks against other /r/REBubble participants.
2. Absolutely no brigading of other Reddit communities.
3. No notifying "case study" crosspost OPs of their appearance on /r/REBubble.
4. No low effort submissions which serve only to troll or bait the REBubble community.
5. No politics.
/r/REBubble
It seems the daily is now dead beyond rejuvenation so posting in the main sub for the annual survey:
Now that we're heading into the winter holidays another year has come and gone 🎉
Surveying until EOY for the 25' consensus as we're turning the page to yr 6 of the unfolding affordability crisis:
r/REBubble/comments/ytznip/comment/iw8c3ih/
2024 has been a whirlwind of a yr so far, mass layoffs and equity markets on fire 🔥🔥🔥📈📈📈🚀🚀🚀 all while rates were stubbornly bouncing in the 7% range and sold hoom 🏘 prices are once again up YoY.
Any predictions on the major catalysts to look out for as we head into 2025? Here is a retrospective of the top catalysts called for each year in r/REBubble history:
2020 - lumbar crisis, forebearance inventory tsunami
2021 - Evergrande, student and auto loans, builder inventory tsunami
2022 - 4% interest rates, inflation, most qualified buyers
2023 - mass layoffs, recessions, crypto boobles, bank failures
2024 - mass layoffs, auto sales, stock market rally, 8% interest rates, full employment strong economy rate crisis, rate cuts, Evergrande, soft landing
2025 - 🔮??? Higher mortgage rates less qualified buyers, supply chain labor shortages, stagnant real hoom values
Congrats to all that have been here since the beginning, and I hope everyone is winding down for the holidays 🍾
What's the word on the street? Share your questions, comments, and concerns below.
Inventory is continuing to weigh on prices finally. Median Price is down 1.1%, and Average Price is down 2.3%
https://pinellasrealtor.org/wp-content/uploads/2024/11/Pinellas-Stats-Complete-Oct-2024.pdf
What's the word on the street? Share your questions, comments, and concerns below.
What's the word on the street? Share your questions, comments, and concerns below.
What's the word on the street? Share your questions, comments, and concerns below.
What's the word on the street? Share your questions, comments, and concerns below.
Reportedly anchor and husband started a firm that committed PPP fraud. They the taught tens of thousands in Phoenix area how to commit PPP fraud the number varied from couple hundred million to billion+.
Per another article lot of folks then used the money to buy wait for it Real estate properties . Most of them appear to get away with it as only ringleader is getting charged.
https://youtu.be/Ma1lpwEhC4I?si=3mAFZsaltFiCZmNx
If you ever wondered how so many new RE investors popped up in Phoenix/AZ area now you know.
What's the word on the street? Share your questions, comments, and concerns below.