Housing defaults have skyrocketed. This is unlike anything we've seen in a decade.
Is Housing Market crash around the corner?

Post Photo
likefunny
Posting as :
works at
You are currently posting as works at

Lol no? According to that logic shouldn’t it have “skyrocketed” before the only actual market crash in 07?

like

I don’t think multi family developers could lock in a 30 year loan when rates were at 3% like individual homeowners. I believe defaults on individual mortgages are still very low.

like

Completely different asset class. You’re comparing apples to oranges. Also in the GFC, there was no where near as bad delinquencies in the MF space as single family. Your post is not news, the multifamily space is very safe even if it gets to 08 levels .

like

My bad😂 These are apartments...

like

4+ units, 4 and under you can get a 30 year loan.

.1% to .5% might be a 5x increase, but it’s still 1/200

like

You wish OP lol

Lol. What everyone been dreaming for so they can all buy their homes at a "fair" price.

like

Everything I read still says there is quite a shortage in housing. And if interest rates come back down more people will enter the market. I don’t think a crash is coming anytime soon.

100% NO! This is a multifamily graph.... now if you have a few 100K, you could pick up a great deal over $1M in 2025.

Related Posts

Does anyone know Barclays Ib summer bonus cycle month?? Thanks in advance

like

We are starting to build our SE team after a successful pilot with one person. Have you ever built a team from the ground up? How did you prove out the business case? What was most effective for building the case for more hires?

like

Can anyone tell me what is in hand salary will get? Do tcs pay that monthly performance pay or they will deduct?

Post Photo
like

Can someone from EY please refer me for job requisition id :183082

like

Guys for sap basis with2 yoe is there no openings

Need referrel pls help

like

Need will advice. Has anyone drafted their own? Or did you work with a wills/estates lawyer? (I’m in corporate if that matters).

like

Thinking of starting my own real estate company in MO. Does anyone know what the market out there is like?

like

Looking to hire lawyers for my EB1A application. Talked to a few and really enjoyed my conversation with Xu Law Group. They seemed really knowledgeable and know what they are doing. Their reviews are glowingly positive but I don’t have any personal references.

Looking to see if anyone has worked with them or other positive experiences with another immigration law firm. #workvisa #h1b #eb1

like

Thoughts on Residuals clauses in NDAs? (Ex.: X will be free to use and disclose for any purpose the residuals resulting from access to or work with Company’s Confidentjal Info.” Refers to ideas, concepts, techniques retained in the memory of people unaided by CI. Do you strike?

likehelpful

Didn’t realize crypto had MLK Jr sales too! 🤑💰

like

Need 11 likes to discuss on offer I have from Singapore.

like

I’m irritated ALL the time and it’s ruining my relationship. What’s wrong with me? lol should I just start smoking weed or get on an anti depressant?

like

Wooohoo just landed a data project! Woohoo data! Data runs the world! Hello super high utilization! Hello cushy bonus! 🙌🏽

like

I’ve been a nursing assistant for 35 yrs I just got a new job as a Lead care manager working from home but this job is not what I expected I want to find a new job working in a hospital or doctors office as a receptionist or administrative assistant or something but I have little experience does anyone have any ideas they can help me with please thank you

like

My offer letter status is "yet to be offered".
It's been more than a month now.
Will I receive offer letter from IBM?

like

Which one is easier? Join FDD from FAAS or Audit?

like

Accenture MDs - what’s the expected L4 bonus structure look like for a TC L4?
I am SM4 should know in a month if I made L4 - getting close to getting an offer from a tier 2 strat firm .....contd...

like

What is system integration senior specialist designation in NTT data?
Is it lead or like senior software Engineer?
I have filled the online application form and how long does it take for offer letter?

Hey Accenture India any openings for java, i have around 9+ yrs of experience and currently working as project manager at CTS, I am an ex employee of Accenture.

Hello All .

Received offer letter today from LTI . It’s mentioned in the mail that i will receive BGV mail After acceptance of letter but no mail received till now .

How much days it take to receive that mail ? And can we mention our joining date (early joining) there ?

Thanks !

like

Additional Posts in The Real Estate Bowl

We just moved into a 50 year old house. We got the popcorn ceiling removed in the garage plus had the walls done. We didn’t use an official asbestos expert because of the price.

The horrible, dirty people that lived there before us left us a crappy mess. Hope we are not exposed, nor the neighbors.

like

I really need recommendations. I want to replace the through-the-wall AC units in my condo. Anyone buy ones you really like? Or rent an apartment and are happy with your (newer) AC units?

Tried doing research online but reviews are all over the place. And would love firsthand recommendations.

like

The threat of nuclear bombs flying over cities should crash the real estate market

like

Please help! Do these fees look within normal range or are they too high? I am especially concerned about the title company fees!

Post Photo
like

Wanting to move from NYC to either Austin or Tampa. Open to hear the pros and cons.

like

I’ve been thinking about getting into real estate investing. Not right now but later down the road. I’ve been trying to save up for a down payment. What are some good resources for a beginner? Blogs, YouTube, books etc I’m not looking for paid courses because I will be learning at a slow pace. Any help will be appreciated.

like

Do you thank your tenants for paying the rent? A quick thank you text?

like

Is there an investment fund or group that anyone knows of? I heard of Fundraiser but it seems very convoluted. Looking for an investment group or development group to invest with

like

For those that built higher end homes, what kind of appliance budget did you have?

like

Looking to buy in the DMV suburbs (northern VA). Is this the wrong time for such a move? Beyond down payment, got about 6mo emergency fund and must tap into it for moving&house expenses like furniture

like

Is a sloped floor of 1/2” over 10’ noticeable? I have to make room for conduit and cannot trench in my current place

likesmart

Do y’all do 15 year or 30 year for your portfolios? I personally plan to have a “job” or “career” for both the next 15 and possibly next 30 years, so should I just do 15 years to get a free and clear portfolio earlier? 25 year old and just getting started. Have a duplex in a major market (looking to refi out of FHA), and eyeing other opportunities now. I don’t “need” cash flow, so should I try to just build equity?

like

I'm early in my career, managed to save $30K to invest, and want to get my hands dirty with a rental property without too much risk (e.g. no HML/flipping). It sounds like that's a tall order in the NY/CT area given the prices, not to mention whether I'd be able to get a mortgage on anything below $100K, but I figure I'll give it a shot anyway. Any advice on what you might do in my position? Am I being crazy with this idea?

like

For people who recently refinanced, bought or is in the process of buying a new home, what APR did you get?

like

If you living currently in a home and looking to buy another home but plan to put only 10% on the new home, can I pay the remaining 10% after selling my existing home in 1-2 months .. and get the PMI

like

What's the best city in UK to buy a buy to let property, with best returns?

like

Hi, has anyone worked at Freddie mac? Particularly the multifamily investments division?

I would like to learn more about development and real estate. Can anyone recommend any books or courses that you think are informative. Eventually I would like to own a few apartment buildings, but I know there is a lot I need to learn 1st. Any advice appreciated. 

like

How do you judge a low ball offer with how the market is changing? Earlier this year, you would look at comps and say this is the value. Now with rates going up and people pulling out, how do you justify the value? (View point from the buyers end)

like

Bought a 300k end unit townhouse in Atlanta, 14 months ago with 10% down (3.65% interest rate). Prices in subdivision have been increasing over that period. This month 2 non-end units listed for 330k and sold right away. The opposite end unit on my 5 unit building was listed for 340k and is currently pending. What is the best way to stop paying PMI since since I should be at 20% equity?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal