Special offer
Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners)

Spam prevention
Rainmaker
544,014
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Lemmings jumping off a cliff

Feb 06, 2018 02:38 AM
Rainmaker
1,052,196
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Real estate falls between stocks and bonds in terms of risk. So when the market corrects, some investors will pull money out of the market and convert it to a less volatile investment -- property. In that sense, it's actually good for us. Endre is quite correct.

Feb 06, 2018 01:01 AM
Rainmaker
4,456,360
Endre Barath, Jr.
Berkshire Hathaway HomeServices California Properties - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Praful if you remember the last time the stock market went down hill i.e.: the Tech Stock melt down... it fueled Real Estate... all the buyers ran from having their money in stocks and moved to a safe haven Real Estate...but clearly you forgot...Endre

p.s.: hence it is good for Real Estate

Feb 05, 2018 10:55 PM
Rainmaker
846,475
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Volatility is the name of the game in the stock market. It is correction time for awhile

Feb 06, 2018 03:13 AM
Ambassador
5,229,945
Debe Maxwell, CRS
Savvy + Company (704) 491-3310 - Charlotte, NC
The RIGHT CHARLOTTE REALTOR!

No fears or concerns - I think it's a natural correction that is taking place and think things will soon level out again.

Feb 09, 2018 09:56 AM
Rainmaker
2,220,323
Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Will have to wait and see Praful Thakkar 

Feb 06, 2018 05:13 AM
Rainmaker
815,253
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

it recovered in 2008 and will recover again. And actually its not that bad of news to hit us. It just means that the economy is doing well.

Feb 06, 2018 03:01 AM
Rainmaker
3,988,007
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

I think we may be in a cooling off period but then hold on again for another ride.

Feb 05, 2018 10:16 PM
Rainmaker
2,224,473
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I'm not getting too excited about the DOW drops yet. 

Feb 06, 2018 09:02 PM
Ambassador
2,161,048
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

There will always be opportunities for someone!

Feb 06, 2018 12:52 PM
Ambassador
3,345,091
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I do not believe so.  If anything it will help yet I do not see how in so many areas, like mine, where there is no inventory. 

Feb 06, 2018 09:27 AM
Rainmaker
5,583,278
Barbara Todaro
RE/MAX Executive Realty - Happily Retired - Franklin, MA
Previously Affiliated with The Todaro Team

Praful Thakkar there's business to be found IN ANY MARKET.... BUYERS, SELLERS OR LEVEL MARKET...

Feb 06, 2018 08:28 AM
Rainmaker
758,035
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Sure looks like a correction. 

Feb 06, 2018 04:46 AM
Rainmaker
556,536
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

I have been waiting for this. Our second home market needs a shot in the arm and this should be it.

Feb 06, 2018 03:26 AM
Rainer
392,768
Anna Hatridge
R Gilliam Real Estate LLC - Farmington, MO
Missouri Realtor with R Gilliam Real Estate LLC

Not too worried.  Have notice a slight slow down, but since it is the middle  of our winter season this is normal down swing.  

Feb 06, 2018 03:25 AM
Rainmaker
5,868,472
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It has been rising way too fast lately, time for some correction.

Feb 08, 2018 12:02 PM
Rainmaker
711,852
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Should be a well overdue correction. The economy looks strong and I don't think we will go the recession route anytime soon.

Feb 06, 2018 04:33 PM
Rainmaker
4,160,362
John Pusa
Glendale, CA

Praful Thakkar time will tell.

Feb 06, 2018 03:56 PM
Rainmaker
249,105
Denise Copeland
Home Sales Palm Beach - Jupiter, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

We were due for a correction. It's come up a bit this morning. And I'm sitting in a home inspection for a $600,000 listing of mine, cash buyers and they aren't worried at all.

Feb 06, 2018 10:09 AM
Rainmaker
1,502,998
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No, it was probably the Russians colluding with Hillary again.

Feb 06, 2018 08:57 AM
Rainmaker
5,772,575
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No fears, no concerns, it is a correction.  A

Feb 06, 2018 08:03 AM
Rainmaker
1,543,634
Thomas J. Nelson, REALTOR ® e-Pro CRS RCS-D Vets
Big Block Realty 858.232.8722 - La Jolla, CA
CEO of Vision Drive Realty - Coastal San Diego

When will we stop sensationalizing the natural peaks and valleys of any market? Stocks, Real Estate, Bonds, etc. We were here before, we'll be here again-enjoy the middle and prepare for the "bookends". The only people that panic are the fail to planners. It's a non-event for those of us creating our own economy, working on a budget and paying attention to trends.

Feb 06, 2018 07:23 AM
Ambassador
2,178,553
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Prop. Mgr, Wenatchee, WA

I just figured it was Patriot fans pulling money out to cover their lost bets.

Feb 06, 2018 07:14 AM
Ambassador
2,684,009
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I was going with Chicken Little, then I saw the great answers from Dave Halpern and Endre Barath, Jr. 

Feb 06, 2018 06:36 AM
Rainmaker
1,466,207
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Praful Thakkar I don't think a correction in the market will affect the real estate market. It might help if investors pulling out their money decide to put it into real estate.

Feb 06, 2018 06:33 AM
Ambassador
6,393,154
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

It depends on whether we find some competent leadership or not.

Feb 06, 2018 06:31 AM
Rainmaker
5,216,381
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Really, is it time to panic? I don't think so!

Feb 06, 2018 05:49 AM
Rainmaker
3,416,038
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

No, the increase in interest rates will be the slow down. The last increase, i saw every buyer leaning all jump in the market. It has slowed for January and time will tell if spring brings the buyers back. I am thinking the market will recover for those in it for the long run

Feb 06, 2018 05:34 AM
Rainmaker
1,844,271
Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

sorry ... your fears will not effect my business.

Feb 06, 2018 05:22 AM
Rainmaker
1,712,676
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My niche is like Johnny Cash, A Ring of Fire.

Feb 06, 2018 05:20 AM
Rainmaker
7,835,463
Roy Kelley
Retired - Gaithersburg, MD

A high percentage of home buyers are not investing in the stock market.

Smart consumers are taking advantage of the low mortgage interest rates that will surely be rising.

Feb 06, 2018 05:18 AM
Rainmaker
3,071,489
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Dave Halpern nailed this one!

Feb 06, 2018 05:08 AM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

After eight months of all advisers saying the stocks are overvalued, it amazes me that this adjustment is even news.  Another 4,000 points of adjustment are needed to get the values closer to reality.

Beginning of the end of 'fairy tale land' maybe. Ride it out. If you got in 3 years ago, you will still be in the money when this shakes out.

Feb 06, 2018 05:08 AM
Ambassador
5,048,908
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Seems like an adjustment was needed there but not particularly worried at this point about real estate.

Feb 06, 2018 05:01 AM
Rainmaker
2,182,502
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Stock Market is < 5% of population 

Feb 06, 2018 04:43 AM
Rainmaker
901,535
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I think we'll have a good spring market. Some people may feel Real Estate is a better investment than the stock market and go that route. It's hard to say.

Feb 06, 2018 04:06 AM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Real estate hot market in Charlotte has been around for at least three years. Stock market has been hot for one year. Fundamentals underlying the real estate market are supply and demand... if that doesn't change to a whole lot more supply markets will stay hot. And is it possible that those who pull out of the stock market might put their money intro real estate? I don't have fears or concerns. 

Feb 06, 2018 03:55 AM
Rainmaker
4,936,558
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Still hot in Denver for real estate!

 

Feb 11, 2018 11:33 AM
Rainmaker
3,986,258
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't think so.  Peope get way to jumpy!

Feb 06, 2018 04:14 PM
Rainmaker
4,434,127
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Feb 06, 2018 06:27 AM
Rainmaker
4,800,082
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Maybe, maybe not.

Feb 06, 2018 06:07 AM
Rainmaker
4,882,355
Richard Weeks
Dallas, TX
REALTOR®, Broker

Only for those that chose to bury their heads in the sand.

Feb 06, 2018 04:58 AM