Looks similar to the last 3 marked recessions.

Many markets are now headed into "Hypersupply" and "Recession" phases of the market cycle (see chart below).

I also think our market is "bubbly" and full of speculation, but there's so much equity and cash in RE that any downturn in economy won't be like the recession of 2008-2010 years.

These factors also did not seem to be affected much, if at all, during the last recession.  

Your hunting gun is now racked, stacked, and fully loaded ... ready for the next recession, coming soon to a market near you ... or if you decide your hunting days are over and you'd rather just sit on the front porch drinking a beer, polishing your hunting rifle, telling tall tales of hunting seasons past, and laughing at the newbies gearing up ... hey, you probably now have that option or will real soon. 

How did your real estate ventured endure the recession of 2007-2008?

Fixture/faucet finishes (chrome, oil rubbed bronze, brushed Nickel, rubbed brass) Appliances (stainless, smudge free stainless, black, white)Lighting fixtures (recessed 3" 4" 6", ceiling fans, island drop lights, under cabinet lighting)Fireplaces (gas, wood, tile surround, stone suround, wood block mantle)Carpet stylesLandscapingEct...Post some pictures if you'd like of recent rehabs you have completed or are currently working on that you think appeal to the masses in your area. 

I am about to gut and renovate a bathroom in a property that I just purchased.My contractor wants to remove a recessed shelving unit on the opposite side of the wall to make the bathroom bigger - removing the pink mirrored extension on the right hand side go the bathroom. 

Paul Gupta if you think the market here hasn't recovered from the recession then I need to see the numbers you are looking at.

I will make more money and cash flow in real estate than letting it sit and in my 401k.Also, I did not forget the big "wipe the wealth" aka "great recession".