I don't see a crash, in markets I play in, stock is low and there is so much pent up demand.I play close attention to volume, at the end of the day no one has a crystal ball, but if you start seeing supply increase then perhaps its time to pay attention.How do I mitigate risk -Cash Keep Leverage lowBuy in markets that are starting to rise, in the early stagesLoad up, and sell some of your properties, reduce debtBuy cash flow properties with returns of minimum 12%Marisa

Much of the gains are likely from pent-up spring demand, but there are signs that it will continue at least through the summer.

.,, you have a lot of pent up demand and millennial buying into the market that will be  trend for the next 15 years easily... a lot more money in the overall global economy due to monetary easing.... and guess what is another very strong fundamental indicator? 

I understand there is still pent up demand for the buyers who have been losing out to 10 other offers for the past 12 months. 

You could probably say that we got 4-5 years of pent up demand out there for housing. 

NO inventory pent up demand..high paying jobs.. could the market slow for sure.. but a big bubble burst with price crash I don't see it.and PDX was one of the mildest hit markets in 08.. the high end got clobbere IE 1 mil plus but the starter stuff nd mid range only fell 10 to 20% at the worst of it

interest rates in the last 2 weeks have gone downLA has a lot of pent up demand, and very strong rental demand.  

Can make great money as in many warm belt states retail was not overbuilt in the last run up so pent up demand from investors to buy quality assets. 

Inventory is still historically low and still a lot of pent up demand and people relocating to area.On a whim I looked at a major fixer/rehab SFR (as in,  cash buyers only,  bring your dumpster, excavator, and bilge pump on day one) but they still think they can get twice what it would make any sense to buy at.    

Let's face it - we are at the top of the market (likely) and it is still strong now - only because we have an inventory shortage still and pent up demand because our real estate market was closed down for 6 weeks - but once many of these loan deferments come into play, people get off their big employment checks, and we see the covid shutdown results, I think we could be looking at a down turn.