Now, it's that the houses are completely on the verge of collapse, and listing agents are accepting retail non-203k non-FNMAHomeStyle offers with quick closes, and then getting upset that they aren't closing fast due to the condition of the collateral, because they've deluded themselves into thinking that "hot market" somehow means that the Uniform Standards of Professional Appraisal Practice and Fannie Mae property standards (not FHA, Fannie Mae) have gone out the window.

Alan Greenspan gave the Irrational Exuberance speech years before the dot com collapse.  

Trying to put together my fears of another economic collapse like 2008 and how it would affect my aggressive investing strategy right nowRisks:- massive loss of jobs and therefore possible loss of rental income- government cutbacks of sec 8 housing and welfare- lenders (hard money and refinance) not lending - Appraisals coming in way low for fear of appraisers losing their licenses- overall decline in housing pricesPersonally I think this would be a pro as there would be more deals out there, and long as there are lenders

There are 5 base models you can choose from if you don't want the hassle of designing your own home with architects, especially since most of my ideal buyers won't speak Spanish, and the owners of this property have a contracting company that buyers can use, which we recommend as the main contractor is European and has built castles by hand, as opposed to the Ecuadorean contractors who build homes that collapse in 10 years. 

As a former homebuilder that fell victim to the  collapse I will be watching the dollar much more closely this time around.  

Or is it just a matter of time before the metaverse market collapses?

I did drive past the area just now and I saw things I didn't like like houses with collapsed roofs and other unsightly landmarks, so it could explain the price a bit.

I got my first job in the fall of 2008 and then I witnessed the country collapse before my eyes. 

And the vacations that were put on hold will finally happen, boosting hotels and theme parks.Despite the fact that the coronavirus has had an economic impact on the homes of millions of United States citizens, there are actually many reasons why we will not see an increase in the number of foreclosures as we did during the collapse of the home more than ten years ago.

And of course he couldn't sell it.The garage collapsed (termites) and the owner got a BIG code violations fine from the city.He was desperate to get rid of it.