POLL: WILL REAL ESTATE KEEP INCREASING IN PRICE, OR LOWER IN PRICE OVER The NEXT 12 MONTH?

Here is what I have heard, sources are local realtors whom are friends. My sources have told me, prices keep increasing because, even here in the Midwest, KS and Ok. People are coming here with cash offers. Here is what is driving prices up, competitive buyers with cash, and most recently, shortage of inventory. That is right folks, inventory is drying up, so when a new seller goes live, they are going high. I am getting ready to sell a flip. Let us see what happens. This flip will be 1 mile north of Winfield KS. On US 77. This house we are currently renovating, just for the sole purpose of the sell. 3 bd/ 2 bath, detached 2 car garage. all on a very private 2 acres. water well on property. House is hooked up to rural water. Septic on property just pumped and inspected/passed. Brand new Hot water tank, new furnace and air handler, complete new kitchen. House is freshly painted in/out. New flooring in family room with fireplace. New Flooring in kitchen and laundry room. House will list for $215,000 The house is 35 min drive to Wichita KS, it is also 12 min drive to Winfield lake. 1 min drive into town of Winfield. Years ago Time magazine listed Winfield number 1 place in America to raise a family. This town allowed it's first liquor store like 20 years ago plus or minus.

It won’t go down, even after the vaxxed die off. Why? They told us their plans “You will own nothing and be happy about it”

They don’t intend on anyone except the elite class to own property anymore. That’s why pension funds and swamp companies like blackrock are buying every property they can get.

The idea is we will all be renting from them.

How did they get approved to use all that money?

:TISSUEANUS:

It really depends on the area. Is there a bubble, is it a blue state? If you answer yes to both of those questions, the answer is: it will crash. If the answer is no, then it may not crash and could actually appreciate.

But Seattle is blue and in a bubble, and the thing is, there are MANY rich corporate people in the Seattle area, which should keep it propped UP, unless they all die from the COVID shots.

FACTORS:

1. Evictions not being allowed during COVID.
2. Mortgage forbearance during COVID
3. Low real estate INVENTORY
4. Black Rock and other super investors buying up houses at high prices
5. Chinese investors buying real estate
6. Huge number of millenials buying their first home
7. People working from home during COVID

ADD SOME FACTORS TO THIS LIST THAT YOU ARE AWARE OF


:RUDYSURPRISE:

IF

the vax die off occurs and thats IF

then it should go down

I think the moratorium was extended until the end of July.

The other things to keep an eye on are the the pensions and the stock market. Most people are expecting the stock market to crash sometime in the next year. If it does, we could also see a pension crisis in addition to the currency crisis. We're about at the point where bailouts are not going to work their magic anymore.

If people start getting sick from the shots at some point in the next 12 months, and or start dropping like flies, there will be a lot of empty homes flood the market.

and just like that, seemingly without any warning, you won’t be able to sell your home that had doubled in price.

yeah but institutions are buying. and smart cities. and etc etc and they aren’t making anymore land! and bob said to buy now before it’s too late ... and ...

ignore all that. it’s going to pop. and when it does it will happen quickly. overnight.

1 & 2 will end on June 30th. At this moment, these will not be extended again.

6. This trend is actually decreasing.

7. This is also ending as restrictions lift.

It won’t go down, even after the vaxxed die off. Why? They told us their plans “You will own nothing and be happy about it”

They don’t intend on anyone except the elite class to own property anymore. That’s why pension funds and swamp companies like blackrock are buying every property they can get.

The idea is we will all be renting from them.

The 40 year mortgage is about to be rolled out. Prices will continue to go up.

California is already putting the burden on the US tazed taxpayer. Who says it stops at rent?

Prices going up.

POLL: OVERALL, WILL REAL ESTATE KEEP INCREASING IN PRICE, OR LOWER IN PRICE OVER The NEXT 12 MONTH?

Give all details in a reply.

:COMMIEOPOLY:

:CATAFFE:

:GOLDCIGARETTE:

Lower. The crash will manifest before then. It'll be the pop of all bubbles. DYODD of course.

He's a chart of the DOW, converted to easy mode for everyone to read.

[imgur] [link to imgur.com (secure)]

The 40 year mortgage is about to be rolled out. Prices will continue to go up.

California is already putting the burden on the US tazed taxpayer. Who says it stops at rent?

Prices going up.

Keep increasing i bet. Everyone will expect a crash but that crash will never happen. Real estate to the moon!

The 40 year mortgage is about to be rolled out. Prices will continue to go up.

California is already putting the burden on the US tazed taxpayer. Who says it stops at rent?

Prices going up.