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Updated about 6 years ago on . Most recent reply
![Todd Powell's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1180297/1621509935-avatar-toddp69.jpg?twic=v1/output=image/crop=768x768@134x227/cover=128x128&v=2)
Is the RE market due for correction, crash or still raging bull ?
Your personal thoughts on market direction ? I various views from people in Oregon and curious of your opinions and WHY?
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![Scott Morongell's profile image](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/946373/1621506030-avatar-scottm365.jpg?twic=v1/output=image/crop=480x480@0x0/cover=128x128&v=2)
@Todd Powell My belief is that real estate is super local. As long as your buying in the right spots you can weather a storm if the market does soften and even raise rents in certain situations. I am talking in terms of the multifamily family space, 100+ unit complexes. For a very insightful overview of what the market is doing and why cap rates are compressing even when interest rates are going up, I would listen to @Gino Barbaro podcast "wheelbarrow profits" with Neil Bawa. The title of it is Multifamily Market Trends.