I don’t see crash coming mainly because there are too much money on the sideline.
But I don’t see a quick appreciation as well because the price is already too high and there are no significant pools of buyers in the short-run.
I am in the camp that if you see a good deal, it doesn’t hurt to buy right now, but it doesn’t hurt to wait either.
Stock markets are likely to crash earlier than the U.S. RE market.
[quote=The-Shoveler]Just my Two cents.
To me it seems the higher end has topped out, but I don’t see a crash coming, just much slower appreciation.
The main reason I don’t see a crash coming is they have not been making crazy RE loans like they were in 2005-6.
On the lower end I do see some catch up occurring (most of the high end stuff is back at peak, I expect the lower end to catch up as well because TPTB seem to be pushing it from many sides in that direction).
