Log In

Your email is not your username

Register

If you were a member of the old Bodybuilding.com forums and would like to reuse your previous username, you can request it below. We use your email only for registration and do not store it. For more information, please see our Privacy Policy.

Confirm your email

A registration code was sent to your email. Enter it here.

Welcome

You have successfully setup your account.

Sign in

Quick Navigation Bottom Misc
Forum » Fourth straight month of home sales decline, back to 2020 levels
  1. Results 121 to 148 of 148
  2. Page 5 of 5
  3. First
  5. 3
  6. 4
  7. 5

Thread: Fourth straight month of home sales decline, back to 2020 levels

post 1659610413 04-13-2022, 09:49 PM
-
#121
  1. rectifryer
  2. enlightened
  1. rectifryer
  2. enlightened
  3. Join Date: Sep 2012
  4. Posts: 25,634
  5. Rep Power: 208783
This thread is absolute proof than even in the most insane peak of exuberance that idiots will still clamor to fomo.

You're all fukking retarded and I'm ashamed to be associated with this board.
Boycott foodservice industry crew
post 1659610423 04-13-2022, 09:50 PM
-
#122
  1. Omnivium
  1. Omnivium
  3. Join Date: Feb 2013
  4. Location: United States
  5. Posts: 19,694
  6. Rep Power: 80934
Yet another cope thread. Stop telling yourself it's gonna crash. It's not. If you can't afford a property then make more money
post 1659611473 04-13-2022, 10:21 PM
-
#123
  1. 10w30
  2. Das it mane
  1. 10w30
  2. Das it mane
  3. Join Date: Jan 2019
  4. Posts: 670
  5. Rep Power: 8071
Originally Posted By Azrairc⏩
Yeah but back then they'd give loans to anyone, they actually verify income now.

Even if we had a massive recession I think we be looking at flat lining appreciation. I think a recession it's pretty likely but that could be 1-2 years away, then you have foreclosures and inventory trickling in after some time not overnight. If you are saying they maybe could be a flat / low appreciating market it 2-3 years that's a lot more reasonable. Anyways... mortgage rates will likely go back down in a full blown recession. Feds game will be to crash the economy to stop inflation, than stop the recession they created by lowering rates, in turn lowering mortgage rates.
And you're right. There could be a short lived overall market dip followed by slow grind upward.

The rising cost to borrow money for businesses is going to put a squeeze on employment, though. Layoffs can start a major downtrend in real estate that will be undeniable.
post 1659611683 04-13-2022, 10:29 PM
-
#124
  1. ymer
  1. ymer
  3. Join Date: Feb 2005
  4. Posts: 24,422
  5. Rep Power: 85485
Post deleted by user
post 1659611863 04-13-2022, 10:34 PM
-
#125
  1. r32gojirra
  2. Registered NEET
  1. r32gojirra
  2. Registered NEET
  3. Join Date: Feb 2013
  4. Location: East Coast, Australia
  5. Posts: 39,519
  6. Subscribers: 6
  7. Rep Power: 595619
Originally Posted By BigDeeps01⏩
I love rentcel cope

When exactly will the market crash?
Didn’t you hear

It’s been “cooling” since September 2021 and crashed in March 2022

post 1659612203 04-13-2022, 10:43 PM
-
#126
  1. katya422
  1. katya422
  3. Join Date: Dec 2011
  4. Location: United States
  5. Posts: 34,673
  6. Rep Power: 372543
Originally Posted By rectifryer⏩
This thread is absolute proof than even in the most insane peak of exuberance that idiots will still clamor to fomo.

You're all fukking retarded and I'm ashamed to be associated with this board.
No worries, we're hidden now.

INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
post 1659612303 04-13-2022, 10:47 PM
-
#127
  1. adamsz
  2. Spoon Pic Connoisseur
  1. adamsz
  2. Spoon Pic Connoisseur
  3. Join Date: Jul 2010
  4. Location: Portland, Oregon, United States
  5. Posts: 24,762
  6. Rep Power: 207854
rentcels, when will they learn? lmao!
Awesome pics. Great size. Look thick. Solid. Tight. Keep us all posted on your continued progress with any new progress pics or vid clips. Show us what you got man. Wanna see how freakin' huge, solid, thick and tight you can get. Thanks for the motivation.
post 1659612323 04-13-2022, 10:47 PM
-
#128
  1. Vhagar
  2. Forever Santa
  1. Vhagar
  2. Forever Santa
  3. Join Date: Dec 2012
  4. Posts: 34,158
  5. Rep Power: 456085
Originally Posted By rectifryer⏩
This thread is absolute proof than even in the most insane peak of exuberance that idiots will still clamor to fomo.

You're all fukking retarded and I'm ashamed to be associated with this board.
Just take the L
post 1659612533 04-13-2022, 10:55 PM
-
#129
  1. coast2coastam
  1. coast2coastam
  3. Join Date: Jun 2009
  4. Location: United States
  5. Posts: 11,323
  6. Rep Power: 138587
[QUOTE=10w30 post_id=1659609463]Ben Bernanke telling us that fundamentals were strong and to not worry about housing cost and home construction, interest rates, and mortgages.

The year prior and during to what will become an economic USA meltdown:

[youtube]INmqvibv4UU[/youtbe][/QUOTE]Great video, thanks.

I see a lot of people acting like what's happening now is completely normal and it's just business as usual, when if you had asked any one of them 2 years ago if housing prices would double during a worldwide lockdown, none of them would have predicted it, but they're all gloating now because they happened to be in a position to own a home beforehand.
post 1659612583 04-13-2022, 10:59 PM
-
#130
  1. ThatGuy950
  2. Floridayyy
  1. ThatGuy950
  2. Floridayyy
  3. Join Date: Sep 2007
  4. Location: Turks and Caicos Islands
  5. Posts: 15,255
  6. Rep Power: 171546
Was driving around the west coast last summer, pulled through town outside of LA, saw sign for new construction “from the mid-$800s,” right below that line: “$0 down” Ded fkn srs

U fokin w0t m8, I seriously couldn’t believe my fkn eyes, is Chevy building shiity houses right next to their garbage Malibus or something? My mind was full of fuk


This is srs by the way, I’m not a rentcel coping
Coincel
Florida crew (lol at coldcels)
post 1659612933 04-13-2022, 11:17 PM
-
#131
  1. A0wner21
  2. Registered User
  1. A0wner21
  2. Registered User
  3. Join Date: May 2013
  4. Age: 30
  5. Posts: 6,056
  6. Rep Power: 10573
Originally Posted By ThatGuy950⏩
Was driving around the west coast last summer, pulled through town outside of LA, saw sign for new construction “from the mid-$800s,” right below that line: “$0 down” Ded fkn srs

U fokin w0t m8, I seriously couldn’t believe my fkn eyes, is Chevy building shiity houses right next to their garbage Malibus or something? My mind was full of fuk




This is srs by the way, I’m not a rentcel coping
Every1 saying is not 08 is right, it’s not 08. It’s just a different flavor of the same ****. People taking helocs to become renters or airbnb renters. 2020/2021 was a unique situation. We’ve entered a similar bubble and will have similar repercussions. Until wages go up 25% this is not sustainable
post 1659613013 04-13-2022, 11:18 PM
-
#132
  1. katya422
  1. katya422
  3. Join Date: Dec 2011
  4. Location: United States
  5. Posts: 34,673
  6. Rep Power: 372543
Originally Posted By coast2coastam⏩
Great video, thanks.

I see a lot of people acting like what's happening now is completely normal and it's just business as usual, when if you had asked any one of them 2 years ago if housing prices would double during a worldwide lockdown, none of them would have predicted it, but they're all gloating now because they happened to be in a position to own a home beforehand.
No gloating here. Just observation.

There was a development that had the land cleared and a billboard up stating "starting in the $200s". But nothing was getting built for awhile. I thought $200s was sort of ambitious given the area, but I knew prices were inflated.

Oh, hello. New sign.."from the $300s". And it isn't even detached single family; it looks to be all row homes of some sort.

Not a wealthy neighborhood in any way. The surrounding residences are 50's bungalows and ranchers, maybe a little 60's infill housing, and some very run down ghetto four plexes that were new in the 80's. This was housing selling generally for under $100K less than a decade ago.
INTP Crew
Inattentive ADD Crew
Mom That Miscs Crew
post 1659613653 04-13-2022, 11:43 PM
-
#133
  1. Kev1972
  2. Registered User
  1. Kev1972
  2. Registered User
  3. Join Date: Jun 2013
  4. Location: Big Arm, Montana, United States
  5. Posts: 49,924
  6. Rep Power: 287644
Originally Posted By A0wner21⏩
Every1 saying is not 08 is right, it’s not 08. It’s just a different flavor of the same ****. People taking helocs to become renters or airbnb renters. 2020/2021 was a unique situation. We’ve entered a similar bubble and will have similar repercussions. Until wages go up 25% this is not sustainable
Wagies are going up 25%. Millions of hard working new Americans swarming across the border need somewhere to live. That is unprecedented too.
Motorcycle crew
Army veteran crew
One Meal a day crew
post 1659614263 04-14-2022, 12:09 AM
-
#134
  1. ThatGuy950
  2. Floridayyy
  1. ThatGuy950
  2. Floridayyy
  3. Join Date: Sep 2007
  4. Location: Turks and Caicos Islands
  5. Posts: 15,255
  6. Rep Power: 171546
Originally Posted By Kev1972⏩
Wagies are going up 25%. Millions of hard working new Americans swarming across the border need somewhere to live. That is unprecedented too.
Forget busses to DC, send them straight to Wilmington where he spends 25% of his time anyway
Coincel
Florida crew (lol at coldcels)
post 1659614413 04-14-2022, 12:13 AM
-
#135
  1. 10w30
  2. Das it mane
  1. 10w30
  2. Das it mane
  3. Join Date: Jan 2019
  4. Posts: 670
  5. Rep Power: 8071
Originally Posted By coast2coastam⏩
Great video, thanks.

I see a lot of people acting like what's happening now is completely normal and it's just business as usual, when if you had asked any one of them 2 years ago if housing prices would double during a worldwide lockdown, none of them would have predicted it, but they're all gloating now because they happened to be in a position to own a home beforehand.
Yup, that dude in the video Ben Bernanke was the chairman of the federal reserve bank during the housing boom and bust. You can't really trust what anyone says.

I watched an interview with Bernanke I think on 60 Minutes where he was questioned on how did he not see the financial crisis and recession coming just in the 1 year ahead?

He admitted that he knew there was financial problems ahead but did not want to blow the whistle on a full blown recession because it would've made matters even worse.

The federal reserve now is attempting to make a soft landing by slowly bringing up interest rates, to slowly bring down the cost of real estate to a point of not causing panic that triggers a crash from a massive sell off. Problem is considering the economic situation inside and outside the USA the same situation as before could happen again.
post 1659614853 04-14-2022, 12:40 AM
-
#136
  1. Bluestar92
  2. Lettuce be reality
  1. Bluestar92
  2. Lettuce be reality
  3. Join Date: May 2010
  4. Location: United States
  5. Age: 34
  6. Posts: 6,614
  7. Rep Power: 26958
Just got my offer accepted on my first house yesterday. I close in mid May. Brand new house that was built in 2021, current owners are Cali transplants that decided to move back and were desperately needing out to move back home. Should lock in 4.85% tomorrow.

Am I going to make it? I guess I have a month to back out but we’ll see.
post 1659621713 04-14-2022, 06:27 AM
-
#137
  1. r32gojirra
  2. Registered NEET
  1. r32gojirra
  2. Registered NEET
  3. Join Date: Feb 2013
  4. Location: East Coast, Australia
  5. Posts: 39,519
  6. Subscribers: 6
  7. Rep Power: 595619
Originally Posted By Bluestar92⏩
Just got my offer accepted on my first house yesterday. I close in mid May. Brand new house that was built in 2021, current owners are Cali transplants that decided to move back and were desperately needing out to move back home. Should lock in 4.85% tomorrow.

Am I going to make it? I guess I have a month to back out but we’ll see.
If you tell them you’re a misc platinum account holder you get a 60% discount on the house and a lower interest rate

Lmao


post 1659621833 04-14-2022, 06:30 AM
-
#138
  1. Polaris
  1. Polaris
  3. Join Date: Feb 2003
  4. Posts: 63,727
  5. Rep Power: 568352
Originally Posted By rectifryer⏩
This thread is absolute proof than even in the most insane peak of exuberance that idiots will still clamor to fomo.

You're all fukking retarded and I'm ashamed to be associated with this board.
post 1659715823 04-15-2022, 04:11 PM
-
#139
  1. whitepaper
  2. Registered User
  1. whitepaper
  2. Registered User
  3. Join Date: Jun 2011
  4. Posts: 20,840
  5. Rep Power: 55720
Originally Posted By whitepaper⏩
Should I put more money into gold and silver in the mean time?
Should I put more money into gold and silver in the mean time?
2014 Misc Resolution: Negging no pics (screen captures of text don't count as pics)

HairyWBush Reps for life - Hamster Compassion: https://forum.obnoxiousbrutes.com/showthread.php?t=181804893
post 1659716843 04-15-2022, 04:34 PM
-
#140
  1. mulletwarrior
  2. Registered User
  1. mulletwarrior
  2. Registered User
  3. Join Date: Nov 2013
  4. Age: 41
  5. Posts: 13,586
  6. Rep Power: 99233
Originally Posted By rectifryer⏩
This thread is absolute proof than even in the most insane peak of exuberance that idiots will still clamor to fomo.

You're all fukking retarded and I'm ashamed to be associated with this board.
Turns out most miscers aren’t ceo/10k a day but are coping real estate agents tryna keep the froth bubbling.

Agree w others that there will not be a “crash” until there is some outside catalyst. But we will see a small decline in the meantime, and if a catalyst occurs during the decline, then a crash.

What could this catalyst be? Who knows, but here are some ideas:

- maybe there won’t be one
- World War III
- food shortage
- the bubble bursts on crypto (a trillion dollar asset class created out of thin air, ppl taking margin loans on this lol maybe we get another credit crises too once crypto blows up)
mo e
post 1659717573 04-15-2022, 04:49 PM
-
#141
  1. 300Lane1
  2. Registered User
  1. 300Lane1
  2. Registered User
  3. Join Date: Aug 2011
  4. Age: 44
  5. Posts: 5,556
  6. Rep Power: 61670
Originally Posted By whitepaper⏩
Should I put more money into gold and silver in the mean time?
No *******!
post 1659718773 04-15-2022, 05:18 PM
-
#142
  1. whitepaper
  2. Registered User
  1. whitepaper
  2. Registered User
  3. Join Date: Jun 2011
  4. Posts: 20,840
  5. Rep Power: 55720
Originally Posted By 300Lane1⏩
No *******!
Ok.
2014 Misc Resolution: Negging no pics (screen captures of text don't count as pics)

HairyWBush Reps for life - Hamster Compassion: https://forum.obnoxiousbrutes.com/showthread.php?t=181804893
post 1659719673 04-15-2022, 05:43 PM
-
#143
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Many home owners are going to get REKT not by housing values crashing, but by being nickel and dimed into foreclosure by ever increasing property taxes, home insurance rates, maintenance costs, HVAC, Electricity, Gas, Food, Cars, Car Insurance, etc, etc.
Many people bought homes in bidding wars at or above the upper limit of their budget and can't afford the inflated prices of everything compared to slow increases in wages.
It will not be a big fast housing crash like 2008. It will be a long slow motion housing bubble pop and crash that will take perhaps a decade or more.

Delusional people ignore stuff like this about how the housing market is artificially propped up and will crash if not taking more and more drastic actions. 40 year mortgages, or even 60 year mortgages could be next. See their next move to prevent a massive crash(see link).
https://www.creditkarma.com/home-loa...ratio-increase
post 1659720173 04-15-2022, 05:56 PM
-
#144
  1. fishnbrah
  2. Registered User
  1. fishnbrah
  2. Registered User
  3. Join Date: Apr 2011
  4. Location: Arizona, United States
  5. Posts: 47,820
  6. Rep Power: 241736
My house has gone up every month since I bought it and I checked it just now after seeing this thread. Yep, up again
post 1659720363 04-15-2022, 06:01 PM
-
#145
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By Anachron⏩
Agreed.

Rentcels have none of the bolded costs.
Work From Home Rentcels also have the ability to react to changing rental conditions by moving to different cities, states, or even countries to compensate for inflation, increased, rents, etc at the end of their lease. Home Ownercels don't have that option.
post 1659721083 04-15-2022, 06:17 PM
-
#146
  1. ymer
  1. ymer
  3. Join Date: Feb 2005
  4. Posts: 24,422
  5. Rep Power: 85485
Post deleted by user
post 1659721253 04-15-2022, 06:20 PM
-
#147
  1. fishnbrah
  2. Registered User
  1. fishnbrah
  2. Registered User
  3. Join Date: Apr 2011
  4. Location: Arizona, United States
  5. Posts: 47,820
  6. Rep Power: 241736
Originally Posted By Sal29⏩
Work From Home Rentcels also have the ability to react to changing rental conditions by moving to different cities, states, or even countries to compensate for inflation, increased, rents, etc at the end of their lease. Home Ownercels don't have that option.
If I had to move I could sell my house in a day.
post 1659721433 04-15-2022, 06:25 PM
-
#148
  1. Sal29
  2. Registered User
  1. Sal29
  2. Registered User
  3. Join Date: Jun 2004
  4. Posts: 16,458
  5. Rep Power: 32050
Originally Posted By fishnbrah⏩
If I had to move I could sell my house in a day.
Not when housing prices start to drop. What goes up must go down.
Once home prices start to drop, potential buyers will stay on the sideline for years looking for the market to bottom out.
Quick Navigation Top Misc
Bookmarks
Digg.com
Digg
del.icio.us
del.icio.us
Stumbleupon.com
StumbleUpon
Google.com
Google
Facebook.com
Facebook
Posting Permissions
  1. You may not post new threads
  2. You may not post replies
  3. You may not post attachments
  4. You may not edit your posts