Seeing what is happening in Europe and the US government unfortunately not reacting quickly, but trying to let thing be as normal as possible for as long as possible - which might make things worse in the long run.

I’ve seen a few disturbing posts recently, mostly on social media, but a few here on BP as well, where the posters are reacting almost with glee that we may finally be heading toward a dip in real estate so they can cash in on good deals.This post is strictly my personal opinion, but also a call for others in the real estate industry who came through the previous crash to provide some much-needed levity right now.

I'm wondering how both sellers and buyers are reacting to what's going on.I'm a very lucky person. 

I think it is funny when people caution others as being unprepared when they are in the process of reacting and responding when things shift swiftly.

Should I wait to Summer to see how construction prices will react once the market dips?

Real estate is slow in nature to react to market conditions and usually last to respond to a down market.

this will be interesting to see how the NO Pay No Stay landlords on this site react to that.

Things changed so fast we don't have a new norm yet. 2008 crash took longer to play out and settle in, which is not nearly as fast as a virus spreading and governments reacting.

Just a thought to consider on if the Boise market is really overpriced or not..The Boise market feels overpriced to native Idahoans who are used to smaller incomes and have enjoyed a very “underpriced” market for many years before about 2016 when we saw our huge increases.

I think we need to take this situation and react to it one day at the time for now.