What happened to all the people saying Bay Area real estate was crashing?

Roku clarencee
Apr 6 43 Comments

Seemed like 6 months ago I saw posts non stop about a bubble popping. But don’t see it anymore.

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TOP 43 Comments
  • Facebook dYqW70
    ipos happened
    Apr 62
    • LeanTaaS ♥️ data
      Which IPO you are talking about? Just one.

      Also, no one sold so far. 6 months lock up time.

      I don't think we will see the effect of IPOs on real estate until early next year.
      Apr 7
    • Roku clarencee
      OP
      So buy before next year is what I’m hearing
      Apr 7
  • Google zzzyyxxx
    Market has slowed down ! Anyone who denies is just a recent homeowner trying to make themselves feel good :). No crash! Slow.
    Apr 70
  • Moved to the Bay in 2014 and they’ve been saying the bubble is going to pop since I arrived; it hasn’t.
    Apr 71
    • LeanTaaS ♥️ data
      Never listened to "they". They give free advice because they have nothing to loose.
      Apr 7
  • LeanTaaS ♥️ data
    One thing for sure, market slowed down a bit.
    Apr 70
  • Amazon xlmxlm
    I live in east bay and got appraised recently higher than my purchase price a couple months ago
    Apr 71
  • Google icf
    They confused interest rates rising with a market correction
    Apr 70
  • Zillow Group di62ks7
    They bought homes
    Apr 70
  • Oracle not_larry
    It is on pause. Check back in an year.
    Apr 60
  • Yahoo / ProductVOui62
    Its crashing. Can't you see?
    Apr 76
    • Roku clarencee
      OP
      Where do you see this?
      Apr 7
    • Yahoo / ProductVOui62
      Cupertino
      Apr 7
    • Yahoo / ProductVOui62
      And Sunnyvale and hence east bay. Look at milpitas. The realtors are playing on the prices.trying to back up the prices. But affordability is down, even with mortgage rates going down. Because even the fed thinks there wont be growth in five years. The feeling of taking a big mortgage on the head assuming growth in 5 years is a myth. Even if they offer you more loan, you should not take it if you are stretching on the limits. If you have cash, then yes thats worth it. All the asian buyers are not confident of the pricing right now, with the trade war going on. Hence less competition amongst all cash buyers.
      Apr 7
    • Roku clarencee
      OP
      Home prices seem to be tracking pretty well to me.
      Apr 7
    • Yahoo / ProductVOui62
      Well. This is spring madness. Lets talk about this after may
      Apr 7
  • Microsoft / Sales
    FUPM

    MicrosoftSales

    PRE
    Connection, Allstate Financial Services, LLC
    FUPMmore
    If you say something will go wrong long enough, eventually you will be right.
    Apr 70
  • Credit Karma f🍏ot
    Don’t you worry, they’ll be back next time the market drops half a percent
    Apr 60
  • Oracle / Mgmtaiabc
    Milpitas still a hot area ?
    Apr 95
    • Yahoo / ProductVOui62
      Nope
      Apr 9
    • Oracle / Mgmtaiabc
      Saw a lot of new constructions coming up .. How are they ??
      Apr 9
    • Yahoo / ProductVOui62
      Milpitas is hot only when it is a sellers market. That time is gone
      Apr 9
    • Yahoo / ProductVOui62
      Overrated. Smell is something to look out for
      Apr 9
    • Uber GavinB
      The only thing hot about Milpitas is that it smells like hot garbage there.
      Apr 10
  • Yahoo / ProductVOui62
    Whenever you do a refinance, do the taxes change? Because of appraisal
    Apr 73
    • Amazon xlmxlm
      Refinance does not change property taxes
      Apr 9
    • Coldwell Banker XEdx32
      Property taxes are based on your purchase price
      Apr 10
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      Improvements do, but there are ways to fight them, I have fought 3 attempts from my township to increase and won them. Still paying the same property taxes I paid 12 years ago
      Apr 15
  • Amazon crumb
    Prices have come down a few percent, but not crashed. But they have come down.
    Apr 70
  • New / Mktg
    hrWD33

    NewMktg

    PRE
    Oracle
    hrWD33more
    Anyone here whose put 3% down on a home?
    Apr 143
    • Amazon 737max💥
      30%
      Apr 14
    • Roku clarencee
      OP
      I put down about 60%
      Apr 14
    • Microsoft / Sales
      FUPM

      MicrosoftSales

      PRE
      Connection, Allstate Financial Services, LLC
      FUPMmore
      3% down is what started the crisis, starting with equity will safeguard you from ending up upside down.
      Apr 15
  • This comment was deleted by original commenter.

  • LinkedIn ex-fb
    Interest rates may go down next year.
    Apr 91
    • Amazon udvtdv
      Details plz! How come?
      Apr 10
  • Kemper Sub Zero
    I think they got their finance degree recalled.
    Apr 70
  • New / Product
    ʕ•ٹ•ʔ

    NewProduct

    PRE
    Amazon
    ʕ•ٹ•ʔmore
    Broken clock is excatly right twice in a day. They will keep saying it anyway and will be right at some point.
    Apr 70
  • Oracle / Mgmtaiabc
    Keep checking back the prices will have gone up
    Apr 60

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