/u/paulincanberra1 on Housing market is turning already

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From a housing standpoint, 2019 could be considered the year of the slowdown. It marks a turning point. As we’ve previously reported, home prices in many real estate markets seem to have peaked already. The las vegas real estate market probably hasn’t peaked yet.

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Housing tipping back to a buyer’s market as sellers cut prices. 6:12 PM ET Thu, 16 Aug 2018 More price cuts are cropping up on U.S. housing markets listings than a year ago. This signals a turn in the market, which has been largely a seller’s market for the past few years.

Time on market is going into 3-4 months plus in this area. When a place actually sells it’s like a party for the agents. One place around the corner literally has had five "Sold By" signs out the front for a couple of months now. Another one for sale couple of doors down has a 2.5×1.5 sign. Not prestige property by any means.

One major difference between Housing Market Crash 2.0 and the last time is that this one is already global. The last one started in the US and mostly stayed in the US.

The following article by David Haggith was published on The Great Recession Blog:. As happened with the first housing market crash that began in 2007 but didn’t become widely recognized until mid-2008, the present housing crisis began exploding one story at a time last summer, and this blog was perhaps the first to state that summer’s change was the turning point from decades of ascent.

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The real estate market often fluctuates, making it tough to predict whether the market will favor buyers or sellers when it’s your turn to buy. Buyers in a seller’s market can get what they want, but they need to bring their "A" game and be decisive. Here are six common mistakes and how to avoid them.

John Daly talks to Sean Sheehan, founder and CEO of Wisetek. Over its dozen years in business, Wisetek has experienced considerable growth with an operational footprint across the Middle East.

The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown. 1. interest rates. One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money. 3 Things to Know in the Housing Market Today!