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All Forum Posts by: Collin Savunen

Collin Savunen has started 7 posts and replied 42 times.

Post: Hi Everyone. I am new. Nice to meet you all.

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Samantha Fairbairn welcome! There is a meet up tomorrow in downtown Olympia at rambling Jack's. I forget the time but if you Google Olympia REI meet up it will be the first thread.

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Jerry Ricci this might be a silly question. What is a T Bill?

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Jay Hinrichs thank you! Portland area is insane. Last time I had been involved in the Portland market they were/ were talking about putting a restriction on how fast they could increase rent. I don't know what is going on there recently.

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Jay Hinrichs haha that is crazy! Did I understand market supply correctly? If every one stops selling houses then it is (x) months of inventory before it's all bought up.

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Ran L. Thank you! I missed that. There is so much info already haha

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Mary Mitchell that is a great question! I would also like to pose the question. Is the amount of college debt that students, parents, and grandparents are accumulating effecting the market?

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
Thank you everyone for the extensive amount of information being posted! This is the exactactly the kind of conversation I was looking for when I posted this thread. @Terry Lao so to my understanding now. Market supply is measured in if sellers stop posting houses for sale there would only be enough houses to last (x) months. 6months is a balanced market. Less than is a seller's market and more than is a buyer's market. What was the market supply during and after the 08-10 crash? @Jay Hinrichs thank you for jumping in!

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Terry Lao thank you for the detail Mr Lao! Can you explain the market supply? Also can you tag Mr Hinrich? I seem to be having some technical difficulty tagging. It works when I hit reply but it won't load names when I try to tag during a post.

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
@Bill F. That brings another question how specific do you take a real estate market to? By type? By state? By city?

Post: Why hasn't the market crashed yet?

Collin SavunenPosted
  • Specialist
  • Shelton Washington
  • Posts 42
  • Votes 31
Thank you everyone for your replies I am referring to real estate market.