It's Coming - Will It Help or Hurt Your Market? - Housing Crash

[Account Closed]

The Bubble is Building or Has Already Built

United States S&P Case-Shiller Home Price Index Notes

The S&P CoreLogic Case-Shiller 20-City Composite Home Price Index measures changes in residential house prices in 20 metropolitan regions in the United States: 

Atlanta, Boston, Charlotte, Chicago, Cleveland, Dallas, Denver, Detroit, Las Vegas, Los Angeles, Miami, Minneapolis, New York, Phoenix, Portland, San Diego, San Francisco, Seattle, Tampa and Washington D.C. 

This page provides the latest reported value for - United States S&P Case-Shiller Home Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. United States S&P Case-Shiller Home Price Index - actual data, historical chart and calendar of releases - was last updated on April of 2017.

               Current  Previous  Highest   Lowest         Dates          Unit Frequency

                193.49  192.68    206.52     100.00     2000 - 2017     Index Points Monthly

2000=100 Anything Above 100 Means Increased Price

[Dan H.]

Not concerned.  Markets (stock, re, etc.) go through cycles.   I have been through them before.  If prices do not drop I will continue to make smart purchases.  If prices drop I will make even more smart purchases.  Similar to dollar cost averaging.   Either way, because I am not over leveraged, I have no concerns. 

The way I look at it a RE price decline is an opportunity but if there is no RE decline imminent then I will also be fine.  

by the way I would not automatically correlate a new RE high to a market decline.  Markets set all time highs all the time.  A decline would result from a recession, bad loans, change to tax laws that would affect RE values, etc.  I do not see any of those as obvious but do admit the price declines are often not obvious until they are upon us.  

No worries.