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Updated over 7 years ago on . Most recent reply

User Stats

188
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228
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Ryan D.
  • Rental Property Investor
  • San Jose, CA
228
Votes |
188
Posts

Signs the market is nearing its peak

Ryan D.
  • Rental Property Investor
  • San Jose, CA
Posted
I've noticed a steady increase in the frequency of unsolicited mailers I receive offering my buy my house ("why worry about repairs, we'll buy you house as is, all cash, quick close" etc., etc.). I take this as a sign we are nearing market peak. I've seen other peak market indicators, such as the number of friends approaching me for advice on how to get into RE investments, and the number of kids (teenagers) posting on BP about getting rich in RE. As Joe Kennedy said, when the shoe-shine boys start giving you stock tips, you know the market is saturated. What are some of the indicators that you have seen that the market is nearing its peak?

Most Popular Reply

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2,953
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4,475
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
4,475
Votes |
2,953
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Alexander Felice
  • Guy with Great Hair
  • Austin, TX
Replied

This site has been saying we are at the top of the market for almost 3 years now.

I almost want things to tank just to save my eyes the pain of constantly rolling them at every freaking Nostradamus on this site.

tldr: YAWN..............

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