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Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

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Rainmaker
1,202,572
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Not in Ukraine

Feb 28, 2022 12:01 PM
Rainmaker
1,325,924
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I do not think that times of uncertainty are when people decide to make big changes.

Feb 28, 2022 12:52 PM
Rainmaker
1,506,923
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Wars happen all over the world regularly.  The middle east has been at war with itself for generations.  Israel and Palestine.  China and Turkey.  China and Hong Kong.  China and Taiwan.  The US housing market hasn't been impacted by them yet.  I don't see this one impacting the US either, unless we get dragged into a conflict.  We would have a severe problem with the weakening of our military and military advisors who can't organize a withdrawal from Afghanistan, let alone a war.  George S. Patton they are not!

 

I do think it may taper a little bit, if people's down payments were in the stock market, however when the market tanks, housing becomes more popular for investors... so who knows.

 

There are many larger issues, especially here in California, that would have a much bigger impact on demand.  One main one will be the potential seven rate hikes and potential for a large rate hike.

Feb 28, 2022 03:04 PM
Rainmaker
1,093,447
Diana Zaccaro Broker Associate
ZOOM Realty Group - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

Quite the opposite. In my experience people tend to stay where they are during unsettled times such as this and want to be around familiar places and people. Add in inflation, rising interest rates and the ripple effect around the world from this crisis and I think real estate will either maintain the status quo or possibly see a bit of a decline unless this is resolved quickly.

Feb 28, 2022 06:47 PM
Ambassador
1,458,269
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

I don't know anyone who makes major decisions during times of uncertainty.

Feb 28, 2022 03:00 PM
Ambassador
3,590,566
Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Demand is already sky high and inventory is low. 

Feb 28, 2022 01:57 PM
Rainmaker
5,773,250
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Tony,

I am with Doug Dawes .  I am hoping this war would find a way to disappear!  It is such a stupid solution to whatever the problem is. /a

Feb 28, 2022 01:10 PM
Ambassador
3,350,589
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Are they choosing not to live in their homes or are they no longer inhabitable because they have been blown up?

Feb 28, 2022 01:10 PM
Rainmaker
292,509
Dario Ferreira
Attleboro, MA
Internet Marketing & SEO

There we go, 3, 2, 1: Let the political bashing begin.

Feb 28, 2022 02:20 PM
Ambassador
3,141,527
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

The Russian power grab directly affects Ukraine not our real estate. If the U.S. gets involved...maybe!

Mar 01, 2022 07:11 AM
Rainmaker
5,245,473
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

The needs of those in search of a home here is not affected by the happenings in the Ukraine at this time. Our economy dictates our movements.

Mar 01, 2022 03:59 AM
Rainmaker
7,870,966
Roy Kelley
Retired - Gaithersburg, MD

Nope. Demand is already far beyond the supply.

Mar 01, 2022 02:18 AM
Ambassador
6,424,867
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

Here or in Ukraine?  This tragedy goes far beyond real estate, for both the Ukrainians and the world.

Feb 28, 2022 05:15 PM
Rainmaker
648,425
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

too soon to tell what effect, if any this would have on the U.S. market, the price of gas and staples and the unsustainable rate of inflation are of more importance to most, methinks.

Feb 28, 2022 03:57 PM
Rainmaker
547,687
Steven Nickens
Hawaii Life Real Estate Brokers - Wailea, HI
R(S)GRI ABR, Maui Real Estate Hawaii

Not sure what will happen, time will tell.

Feb 28, 2022 06:39 PM
Rainmaker
808,779
Steve Higgins
RE/MAX Kelowna - Kelowna, BC

I don't expect the demands for homes in our area to increase, our market is pretty hot.

Mar 01, 2022 03:35 PM
Rainmaker
5,879,696
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I don't see much change in our market due to the invasion.

Mar 01, 2022 05:56 AM
Rainer
431,032
J.R. Schloemer
Kentucky Select Properties - Louisville, KY

I hope not. Our inventory is already under 700 units in my main county. So if the demand was to increase we are going to have a major inventory issue…more so than we always have.

Mar 01, 2022 04:30 AM
Rainmaker
1,749,275
Georgie Hunter R(S) 58089
Hawai'i Life Real Estate Brokers - Haiku, HI
Maui Real Estate sales and lifestyle info

I expect demand for homes to keep rising as long as we keep creating more people who need homes.

Mar 01, 2022 04:23 PM
Rainmaker
907,548
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

I've wondered the same. First of all, it is very sad what is happening. I hope our economy doesn't decline. With gas prices it is feeling a little too familiar. 

Mar 01, 2022 06:26 PM
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