Robert Vegas Bob Swetz

Spam prevention
Rainmaker
882,261
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

The real estate market is in one of two states, rising or falling.

Bubble or burst.

If you wait long enough BOTH will be true.

Mar 03, 2016 10:32 PM
Rainer
471,173
DEANNA C. SMITH CERTIFIED MOBILE NOTARY
Certified Mobile Notary Signing Agent - Smith Mountain Lake, VA
Highest Ranked Certified Mobile Notary in Virginia

If we are, it is still expanding in this area as our local economy seems to be holding even or rising slightly

Mar 03, 2016 01:25 PM
Rainmaker
3,985,837
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Not really...we have not seen enough buying going on for very long.   There are always issues but we need to stop putting premature titles on some of the issues we come across

Mar 04, 2016 05:44 AM
Rainmaker
1,380,323
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

There has been talk of the bubble for a couple years out here.  Hasn't happened yet.

Mar 04, 2016 02:21 AM
Rainmaker
5,571,310
Barbara Todaro
RE/MAX Executive Realty - Retired - Franklin, MA
Previously Affiliated with The Todaro Team

our marketplace is experiencing a flood of buyers purchasing new homes.... our listings are selling every week.... more than one a week....3 this past week....and another coming over the weekend....

Mar 04, 2016 12:46 AM
Ambassador
3,986,660
Debbie Reynolds, C21 Platinum Properties
Platinum Properties- (931)771-9070 - Clarksville, TN
The Dedicated Clarksville TN Realtor-(931)320-6730

We are nowhere near that in my area with prices still stable and inventory at 7 months.

Mar 04, 2016 12:43 AM
Ambassador
3,036,977
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate

I feel that the market I serve may be. I saw a snippet of the news last night that showed people living in campers on the streets of Mountain View. 

Mar 04, 2016 12:35 AM
Rainmaker
597,069
David Gibson CNE, 719-304-4684 ~ Colorado Springs Relocation
Colorado Real Estate Advisers LLC - Colorado Springs, CO
Relocation, Luxury & Lifestyle residential

Bob,
The first time homebuyer market from Denver to Colorado Springs is over heated. It makes it very hard to work with buyers.

Mar 04, 2016 12:28 AM
Rainmaker
3,069,934
Tony and Suzanne Marriott, Associate Brokers
Serving the Greater Phoenix and Scottsdale Metropolitan Area - Scottsdale, AZ
Haven Express @ Keller Williams Arizona Realty

Aren't we always?!

Mar 03, 2016 10:39 PM
Rainmaker
1,635,442
Sandy Padula and Norm Padula, JD, GRI
HomeSmart Realty West & Lend Smart Mortgage, Llc. - Carlsbad, CA
Presence, Persistence & Perseverance

I believe we are in select markets. Telling isn't it when a majority of the National Budget is tied up in Student Loans. The loan companies need to pull in the reins on giving out student loans to students to pursue pointless degrees with no hope of ever having the income to repay these loans!

Mar 03, 2016 09:44 PM
Rainmaker
3,321,246
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

Prices have not increased enough to create a bubble here in New England. Sales are very strong here. I think the lonly thing that could grind the market to a halt is a sharp raise in mortgage interest rates

Mar 03, 2016 09:34 PM
Rainmaker
1,398,083
Raymond E. Camp
Ontario, NY
Licensed Real Estate Salesperson Greater Rochester

Good morning Bob,

Just like a roller coaster ride it is a thrill a minute in some areas and then the bottom falls out. I am sure we will enjoy and endure the ride.

Mar 03, 2016 09:05 PM
Rainmaker
4,157,618
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Think there are some areas with a cause for concern!

Mar 03, 2016 08:37 PM
Rainmaker
2,436,111
Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

Good morning Robert. I can see a number of issues on the horizon, as before some markets will be more effective than others and in past a lot has to do with employment.

Mar 03, 2016 06:36 PM
Ambassador
2,759,387
TeamCHI - Complete Home Inspections, Inc.
Complete Home Inspections, Inc. - Brentwood, TN
Home Inspectons - Nashville, TN area - 615.661.029

 I will have to agree with Gary Keller. It's not about the market it is about what we do.

Mar 03, 2016 05:05 PM
Rainmaker
1,514,305
Inna Ivchenko
Barcode Properties - Encino, CA
Realtor® • GRI • HAFA • PSC Calabasas CA

I hear this talking too, since our prices went so high and still crawling up. Eventually they will drop again, but I'm not sure it is going to happen this year.

Mar 03, 2016 04:36 PM
Rainmaker
5,525,433
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Robert,

I have heard that off and on...I am not sure, and the two areas that the LA times mentioned are doing just fine, and that was 3 years ago.  A

Mar 03, 2016 02:43 PM
Rainmaker
3,685,450
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Depends where you are asking the question.... and the answer is not yet...Endre

Mar 03, 2016 02:34 PM
Ambassador
4,312,753
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Robert 'VEGAS BOB' Swetz - what goes up comes down! Specially with unrealistic increase in prices in some of the neighborhood I see, I am wondering how long these prices will remain so high!

And the first guess is - expect 2017 to be the beginning of the burst...may be slightly.

Mar 03, 2016 02:31 PM
Ambassador
5,357,799
Bob Crane
Woodland Management Service / Woodland Real Estate, EXP - Stevens Point, WI
Forestland Experts! 715-204-9671

A lot of little bubbles going on out there right now, though some parts are not even heating up.

Mar 03, 2016 02:12 PM
Ambassador
3,034,240
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I think there is always a slow down in an election cycle 

Mar 03, 2016 01:40 PM
Rainmaker
80,253
Linda Guess
Keller Williams Tri-Lakes Branson, MO - Branson, MO
Branson area real estate sales.

There is no real estate bubble in Branson, Mo.  We have plenty of homes and very low prices.  Beautiful 5200 sq. ft. with 2 adjoining lots and fenced with about $50,000 of  nice fencing.  $355,000.  No bubble here.

Mar 03, 2016 01:18 PM
Rainmaker
140,568
Joan Dickie
Keller Williams Premier Realty - La Crosse, WI
Keller Williams Premier Realty

I can see that there is serious talk in California.  In my area, I don't think yet.  I know much smarter people than I are talking about another shift soon, so I am keeping my eye on the local economy and housing trends.

Mar 03, 2016 12:13 PM
Ambassador
2,563,861
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

In the so-called "Hot Markets" like San Francisco, Manhattan, Miami Beach, etc.

Mar 03, 2016 12:13 PM
Rainer
43,931
Stephanie & John Webb
Latte Stone Realty LLC - Albuquerque, NM
Stephanie Webb Co-Owner, Latte Stone Realty, LLC

We are recovering here. Many neighborhoods in Albuquerque and Rio Rancho had over 40% REO/Short Sale properties. Now we are starting to see the market turn and more homes are listed as fair market.

 

Mar 03, 2016 12:00 PM
Rainmaker
1,869,435
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Not at all

Mar 03, 2016 11:49 AM
Rainmaker
1,525,205
Sybil Campbell
Fernandina Beach, FL
Referral Agent Amelia Island Florida

It doesn't feel like that in our market.

Mar 03, 2016 11:21 AM
Rainmaker
1,987,878
Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

I think California is heading toward an adjustment - in SF there are too many high end condos being built with a downturn in income and employment in the silicon valley types.  We are heading to a shift here on the East Coast

Mar 03, 2016 11:06 AM
Rainmaker
955,771
Diana Zaccaro Broker Associate
Tropical Beachside brokered by eXp - Cocoa Beach, FL
"The Accidental Blogger" Cocoa Beach, Florida

I don't think we are in a bubble yet but it appears we are headed for one. Real estate is local so the answer will be different in Cali than Florida.

 

Mar 03, 2016 10:46 AM
Ambassador
2,224,117
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I think we are for sure in a bubble in some markets. My area hasn't seen that happen as of yet. 

Mar 03, 2016 10:38 AM
Rainmaker
887,643
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Yes, and no one has learned. LOL

Mar 03, 2016 10:37 AM
Rainmaker
4,799,481
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Not yet.

Mar 24, 2017 05:42 AM
Rainmaker
6,540,857
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

No.

 

Mar 03, 2016 09:41 PM
Rainmaker
1,707,423
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

No, bubbles travel so what to look at for is what is the next asset class that will be manipulated other than housing, dot.com, or energy.

Mar 03, 2016 09:17 PM
Rainmaker
520,451
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

A real estate bubble goes hand in hand with a bubble in the economy, so no, we are not yet in a bubble and a long way off before it ends.

Mar 03, 2016 08:43 PM
Rainmaker
872,265
Peter Mohylsky. Broker -BRIX REALTY
Miramar Beach, Florida - Santa Rosa Beach, FL
BRIX REALTY -DESTIN

Seems like it is very regional. The market here is flat. 

Mar 03, 2016 08:11 PM
Rainmaker
1,157,485
FN LN
Toronto, ON

Not in my area.

Mar 03, 2016 02:25 PM
Ambassador
1,771,405
Noah Seidenberg
Coldwell Banker - Evanston, IL
Chicagoland and Suburbs (800) 858-7917

No

Mar 03, 2016 12:16 PM