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All Forum Posts by: Cecile Poyet

Cecile Poyet has started 7 posts and replied 23 times.

Post: Is the real estate market about to crash?

Cecile PoyetPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 23
  • Votes 22

Thank you for your comments. Looking at this house, for instance, whoever bought it in 2004 must not have been a happy camper (bought it for $395K in 2004 and sold it for $190K in 2012). That truly sucks!

https://www.zillow.com/homes/for_sale/CA/pmf,pf_pt...

It definitely makes me wonder what the "right" price for it is today. BP's analysis here enclosed for the record:

Post: Is the real estate market about to crash?

Cecile PoyetPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 23
  • Votes 22

Thank you @Scott Scheel I appreciate the prompt reply and resources. 

Post: Is the real estate market about to crash?

Cecile PoyetPosted
  • Rental Property Investor
  • San Francisco, CA
  • Posts 23
  • Votes 22

Hi, 

My name is Cécile. I live in one of the most expensive cities in the world, San Francisco (sighs). However, after joining the Bigger Pockets community, I believe I can reach my dream of financial freedom through carefully planned investments. Here are my initial questions:

- Is the real estate market about to crash? I found a lot of articles with concerns about the overall economy, including the real estate market e.g.https://seekingalpha.com/article/4240746-concerns-...

- Is now an average, better or worst time to invest than others? 

Thanks in advance for your contributions and for sharing your experience. 

Cécile