Frenzy vs. Rates

by | May 24, 2022 | Interest Rates/Loan Limits, Market Conditions | 5 comments

Good summary of today’s market conditions by Nick:

Link to Free WSJ Article

 

5 Comments

  1. Jim the Realtor
    Jim the Realtor on May 24, 2022 at 9:03 am

    Chris is one of the sharper minds in the business and has been on residential real estate for years. His opinion is much more valid than most.

  2. Rob_Dawg
    Rob_Dawg on May 24, 2022 at 4:24 pm

    Nota Bene. Christopher Thornberg while at UCLA was incredibly wrong about the bubble before he reinvented himself. He’s better now.

  3. Joe
    Joe on May 24, 2022 at 4:47 pm

    The three most important thing in real estate: Inventory inventory inventory

  4. Jim the Realtor
    Jim the Realtor on May 24, 2022 at 8:19 pm

    He’s better now.

    I think we all are. In 2012-2013 I thought it would keep going down – the history/trend pointed that way. Those commenting here were more convinced than I was.

    Then they changed the rules.

    If they missed the bubble call in 2005-2006, it’s because they were in their ivory tower, not on the street. Same thing now. I bet you Chris goes to open houses on the weekend.

  5. North County Guy
    North County Guy on May 24, 2022 at 9:35 pm

    The liberal Northern California refugees will continue to invade North County coastal areas in their electric vehicles until hell freezes over. The Grand Escape to paradise. Please go home hodads.

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