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My housing prediction #7618246
07/03/22 04:42 AM
07/03/22 04:42 AM
Joined: Feb 2014
Posts: 9,918
Ky
J
jbyrd63 Online content OP
trapper
jbyrd63  Online Content OP
trapper
J

Joined: Feb 2014
Posts: 9,918
Ky
I posted a comment a couple months or so back that if someone was going to buy a house to wait until august but better in September. My critics laughed at me and said I was crazy The big fall has begun !

https://apple.news/A2PSd93gFTLq0ZY4CfAMV_w

My post was before the mortgage rate hikes so donít post thatís how I knew! Anything good has and will be destroyed by the White House policies

Last edited by jbyrd63; 07/03/22 04:49 AM.
Re: My housing prediction [Re: jbyrd63] #7618254
07/03/22 06:10 AM
07/03/22 06:10 AM
Joined: Jan 2007
Posts: 2,219
MD
D
DaveP Offline
trapper
DaveP  Offline
trapper
D

Joined: Jan 2007
Posts: 2,219
MD
Originally Posted by jbyrd63
I posted a comment a couple months or so back that if someone was going to buy a house to wait until august but better in September. My critics laughed at me and said I was crazy The big fall has begun !

https://apple.news/A2PSd93gFTLq0ZY4CfAMV_w

My post was before the mortgage rate hikes so donít post thatís how I knew! Anything good has and will be destroyed by the White House policies



[Linked Image]

Re: My housing prediction [Re: jbyrd63] #7618255
07/03/22 06:11 AM
07/03/22 06:11 AM
Joined: Dec 2013
Posts: 12,484
Greene County,Virginia
R
run Offline
trapper
run  Offline
trapper
R

Joined: Dec 2013
Posts: 12,484
Greene County,Virginia
So is it happening sooner than you predicted?


wanna be goat farmer.
Re: My housing prediction [Re: jbyrd63] #7618260
07/03/22 06:22 AM
07/03/22 06:22 AM
Joined: Dec 2006
Posts: 17,736
Sandhills Nebraska
G
Gary Benson Offline
trapper
Gary Benson  Offline
trapper
G

Joined: Dec 2006
Posts: 17,736
Sandhills Nebraska
Here's one for the pet peeve thread.


Life ain't supposed to be easy.
Re: My housing prediction [Re: jbyrd63] #7618302
07/03/22 07:51 AM
07/03/22 07:51 AM
Joined: May 2010
Posts: 9,044
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 9,044
mn north of blakely
The FED has been talking about raising rates for quite some time. Everyone following the financial system knew it was going to happen. Anyone who understands inflation knows what the remedy is and that rates were going up.

Guess what? They are going higher.

If you are so smart tell us when it's going to bottom, how high rates are going to go and when the FED will pivot

How much money did you risk shorting the housing market?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: My housing prediction [Re: jbyrd63] #7618305
07/03/22 07:53 AM
07/03/22 07:53 AM
Joined: Jan 2017
Posts: 1,024
PA
C
coyotesoldier229 Offline
trapper
coyotesoldier229  Offline
trapper
C

Joined: Jan 2017
Posts: 1,024
PA
Can you post your predictions on this years World Series? Iíd like to place my bets now.

Re: My housing prediction [Re: jbyrd63] #7618312
07/03/22 08:04 AM
07/03/22 08:04 AM
Joined: May 2010
Posts: 9,044
mn north of blakely
S
Steven 49er Offline
trapper
Steven 49er  Offline
trapper
S

Joined: May 2010
Posts: 9,044
mn north of blakely
Does the SEC play in the world series?


"Inflation is always and everywhere a monetary phenomenon". Milton Friedman.
Re: My housing prediction [Re: jbyrd63] #7618358
07/03/22 09:35 AM
07/03/22 09:35 AM
Joined: Mar 2015
Posts: 371
GA
C
canebrake Offline
trapper
canebrake  Offline
trapper
C

Joined: Mar 2015
Posts: 371
GA
Man you're awesome.

Re: My housing prediction [Re: jbyrd63] #7618363
07/03/22 09:51 AM
07/03/22 09:51 AM
Joined: Feb 2020
Posts: 4,571
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Posts: 4,571
Indiana
So how low will building materials go and when will the Lowes point be? I need to build a building .

Re: My housing prediction [Re: jbyrd63] #7618366
07/03/22 09:54 AM
07/03/22 09:54 AM
Joined: Mar 2013
Posts: 1,730
chelsea,wi
keets Offline
trapper
keets  Offline
trapper

Joined: Mar 2013
Posts: 1,730
chelsea,wi
[Linked Image]


2021 goals....make time to trap
PROUD MEMBER WTA NTA FTA NRA GOA SPORTSMANS ALLIANCE
Re: My housing prediction [Re: jbyrd63] #7618368
07/03/22 09:57 AM
07/03/22 09:57 AM
Joined: Mar 2013
Posts: 1,730
chelsea,wi
keets Offline
trapper
keets  Offline
trapper

Joined: Mar 2013
Posts: 1,730
chelsea,wi
JBYRD THE MAGNIFICENT...sorry I can't rotate


2021 goals....make time to trap
PROUD MEMBER WTA NTA FTA NRA GOA SPORTSMANS ALLIANCE
Re: My housing prediction [Re: jbyrd63] #7618370
07/03/22 09:59 AM
07/03/22 09:59 AM
Joined: Aug 2021
Posts: 1,040
MA
F
Flicker Shad Offline
trapper
Flicker Shad  Offline
trapper
F

Joined: Aug 2021
Posts: 1,040
MA
Used vehicle prices?

Re: My housing prediction [Re: jbyrd63] #7618385
07/03/22 10:20 AM
07/03/22 10:20 AM
Joined: Dec 2006
Posts: 1,012
Sugar Grove, WV
J
JTfromWV Offline
trapper
JTfromWV  Offline
trapper
J

Joined: Dec 2006
Posts: 1,012
Sugar Grove, WV
You could probably get a job offering advice.

Re: My housing prediction [Re: jbyrd63] #7618393
07/03/22 10:35 AM
07/03/22 10:35 AM
Joined: Dec 2006
Posts: 9,777
East-Central Wisconsin
B
bblwi Online content
trapper
bblwi  Online Content
trapper
B

Joined: Dec 2006
Posts: 9,777
East-Central Wisconsin
If a house was selling for say 20-30% over appraised value due to low interest rates, available monies and low UE I would not be the one to buy one for 25% less if we have higher rates, higher UE, recession looming etc. I would think that next September would be a better time to research selling or buying a home, not this September.

Bryce

Re: My housing prediction [Re: jbyrd63] #7618394
07/03/22 10:38 AM
07/03/22 10:38 AM
Joined: Aug 2008
Posts: 13,417
ny
U
upstateNY Offline
trapper
upstateNY  Offline
trapper
U

Joined: Aug 2008
Posts: 13,417
ny
Lets see.Make a BUNCH of different predictions.Wait and see what actualy happens.THEN,,go back and filter out the prediction that fits your narrative.Haaahaaa,,,yea,,your a real Nostrodomass grin

Last edited by upstateNY; 07/03/22 10:45 AM.

the wheels of the gods turn very slowly
Re: My housing prediction [Re: jbyrd63] #7618404
07/03/22 10:53 AM
07/03/22 10:53 AM
Joined: Mar 2011
Posts: 9,152
Montana ,Rocky Mtns.
Sharon Offline
"American Honey"
Sharon  Offline
"American Honey"

Joined: Mar 2011
Posts: 9,152
Montana ,Rocky Mtns.
Who's gonna win the next Kentucky Derby ?

BTW- that is NOT the pony ride ring you see at carnivals grin

Re: My housing prediction [Re: jbyrd63] #7618411
07/03/22 11:02 AM
07/03/22 11:02 AM
Joined: Dec 2009
Posts: 15,237
The Hill Country of Texas
Leftlane Offline
"HOSS"
Leftlane  Offline
"HOSS"

Joined: Dec 2009
Posts: 15,237
The Hill Country of Texas
You are your own best cheerleader, that was never a question in my mind.


ďWhatís good for me may not be good for the weak minded.Ē
Captain Gus McCrae- Texas Rangers


Re: My housing prediction [Re: jbyrd63] #7618413
07/03/22 11:04 AM
07/03/22 11:04 AM
Joined: Dec 2008
Posts: 209
MICHIGAN
WANNABE-TRAPPER Offline
trapper
WANNABE-TRAPPER  Offline
trapper

Joined: Dec 2008
Posts: 209
MICHIGAN
Did you read this?
The areas you are talking about are the most expensive areas of the country. 50-100k are only a couple% in those areas. And rates are higher so itís only a couple percentage change. Not exactly buying bitcoin at $1.40


Think beyond right or left don't be guilty of group think.
Re: My housing prediction [Re: Gary Benson] #7618414
07/03/22 11:04 AM
07/03/22 11:04 AM
Joined: Oct 2017
Posts: 5,230
perry co.Pa
wetdog Offline
trapper
wetdog  Offline
trapper

Joined: Oct 2017
Posts: 5,230
perry co.Pa
Originally Posted by Gary Benson
Here's one for the pet peeve thread.

Look up Dunning Kruger effect, he fits the definition perfectly

Re: My housing prediction [Re: jbyrd63] #7618415
07/03/22 11:06 AM
07/03/22 11:06 AM
Joined: Apr 2010
Posts: 3,487
Ohio
S
stinkypete Offline
trapper
stinkypete  Offline
trapper
S

Joined: Apr 2010
Posts: 3,487
Ohio
[Linked Image]
The Great Swamy

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