Olga Simoncelli, CONSULTANT, Real Estate Services & Risk Management (Veritas Prime, LLC dba Veritas Prime Real Estate)

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Rainmaker
714,629
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

The stock market has been long overdue for an adjustment.

What about a real estate adjustment? Is that coming next?

Feb 05, 2018 01:56 PM
Rainmaker
4,581,423
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

Olga,

Yes, I saw that, and what a great opp to buy.  A

Feb 05, 2018 01:38 PM
Rainmaker
3,219,766
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

I don't think so. A needed adjustment after the last year.

Feb 05, 2018 03:38 PM
Rainer
68,332
Steve Penner
Royal LePage / Moneyledgers Software - Winnipeg, MB
REALTOR / Owner of Moneyledgers

I see this as great news.... way overdue for a correction... creates buying opportunities for "smart" money... and the dumb money gets flushed out

Feb 05, 2018 02:13 PM
Rainmaker
1,372,294
Carol Williams
Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals. - Wenatchee, WA
Retired Agent / Broker / Property Manager

All those Patriots fans selling off to cover their Super Bowl bets?

Feb 05, 2018 03:22 PM
Rainmaker
1,222,892
Mary Yonkers
Alan Kells School of Real Estate/Howard Hanna Real Estate - Erie, PA
Erie/PA Real Estate Instructor

Hang on & enjoy the roller coaster!!!

Feb 05, 2018 02:48 PM
Ambassador
1,657,061
Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

Looks like a combo of a normal correction, wage inflation, and the general chaos of a pending government shutdown. 

Feb 05, 2018 02:38 PM
Ambassador
2,364,610
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

   Buy low.  Now is the time.

Feb 05, 2018 02:09 PM
Rainmaker
1,660,938
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co. Notary Services, retired Realtor

I agree with Ron and Alexandra Seigel , this is a time to buy and make some money.

Feb 05, 2018 02:05 PM
Rainmaker
748,259
Pete Xavier
Investments to Luxury - Pacific Palisades, CA
Outstanding Agent Referrals-Nationwide

Took a bit of a hit today, but last month was a really good month in the equity markets. Not concerned one bit, one bad day does not break me.

Feb 05, 2018 03:45 PM
Rainmaker
5,512,838
Roy Kelley
Realty Group Referrals - Gaithersburg, MD

There will always be market adjustments.

Feb 05, 2018 03:37 PM
Rainmaker
576,889
Gloria Valvasori, Accredited Senior Agent
BETTER HOMES AND GARDENS REAL ESTATE SIGNATURE SERVICE - Mississauga, ON
REAL Experience | REAL Commitment | REAL Results!

LOVED Bette Davis!  and yes, I think seat belts should have been fastend a litle over a year ago.... because it has been "a bumpy ride."

Feb 05, 2018 01:51 PM
Rainmaker
781,993
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

A whole year of unprecedented and historic gains.

The self correction should not be over yet.

I SUSTPECT A 6 THOUSAND POINT ADJUSTMENT IS NEEDED.

Hmm, how do those bitcoins look now?

Feb 05, 2018 01:43 PM
Rainmaker
351,362
Jay McHugh
SendOutCards-Appreciation Marketing Expert - Boston, MA
YOUR SendOutCard Mentor

love it.....great buying time...where is our Bitcoin friend......

 

Knowledge is Power when executed ...... 

Feb 05, 2018 03:50 PM
Rainmaker
2,828,036
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I am not concerned ... corrections - adjustments are to be expected. 

Feb 05, 2018 03:45 PM
Rainmaker
705,151
Richard Bazinet /MBA, CRS, ABR
West USA Realty - Scottsdale, AZ
Phoenix Scottsdale. Sellers, Buyers & Relocations

I was hoping this would happen. I wanted to put more money in the stock market but the darn thing kept going up... I was on the sidelines. Now, is the time.

 

Feb 05, 2018 03:41 PM
Rainmaker
5,127,549
Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

put a muzzle on a certain person in the white house.....

Feb 05, 2018 02:52 PM
Rainmaker
480,453
Diana Dahlberg
1 Month Realty - Pleasant Prairie, WI
Real Estate in Kenosha, WI since 1994 262-308-3563

I don't have a crystal ball in real estate, but I believe it will continue to be a bumpy ride for now.  I'm not worried.  Just going to keep on keeping on!

Feb 05, 2018 08:49 PM
Rainmaker
1,471,917
Kat Palmiotti
406-270-3667, kat@thehousekat.com, Broker, Blackstone Realty Group - brokered by eXp Realty - Kalispell, MT
The House Kat

I think this was overdue; I'm not worried.

Feb 05, 2018 04:58 PM
Rainmaker
392,001
PropertyMinder (AccelerAgent)
PropertyMinder, Inc. - San Jose, CA
Modern Tools for the Modern Agent

To finish your (fitting) Bette Davis quote (with a small revision): "...it's going to be a bumpy road on Wall Street."  - Tim

Feb 05, 2018 04:51 PM
Ambassador
4,377,620
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

Last week everyone was giving trump credit, today lets blame obama.

Feb 05, 2018 03:36 PM
Rainmaker
3,130,325
Richard Weeks
Dallas, TX
REALTOR®, Broker

I have not watched the news.  Has anyone jumped from a ledge?

Feb 05, 2018 02:01 PM
Rainer
123,794
Anthony Kirlew
Group 46:10 Network @ eXp Realty - Gilbert, AZ
Helping You Make Fiscally Sound Choices

In the world of cryptocurrency, we say HODL (Hold On For Dear Life!)

I am not big on investing in the markets. I have only invested what I can afford to lose... not that yoy can ever afford to lose, but I think you know what I mean (it's not my last retirement dollar or my mortgage payment)

Feb 06, 2018 08:20 PM
Rainmaker
1,265,552
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

Nah, everything rises and falls from time to time.

Feb 06, 2018 09:07 AM
Rainmaker
1,384,727
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Olga Simoncelli The DOW dropped 4.6% which isn't a lot in the overall picture. Just a minor adjustment or correction in the market.

Feb 06, 2018 07:00 AM
Rainmaker
4,797,884
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

It might be.

Feb 06, 2018 06:02 AM
Rainmaker
3,372,218
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

It is an adjustment without the need to panic and cause real problems!

Feb 06, 2018 05:58 AM
Rainmaker
3,055,241
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

This could be profit taking. Time will tell. I care mor eabout the inerest rates and saying they will raise them 3 times this year, scares me more. 

Feb 06, 2018 05:47 AM
Rainmaker
643,423
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

Not a surprise. It has always been a roller coaster just like Real Estate. 

Feb 06, 2018 04:20 AM
Rainmaker
846,015
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Maybe yes and you would know!

Feb 06, 2018 03:18 AM
Ambassador
4,301,228
Praful Thakkar
LAER Realty Partners - Andover, MA
Andover, MA: Andover Luxury Homes For Sale

Olga Simoncelli - maybe, beginning of the end?

Feb 05, 2018 09:42 PM
Ambassador
3,983,810
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

My broker has been telling me there would be a correction coming. Always has been and always will be.

Feb 05, 2018 09:29 PM
Rainmaker
1,847,674
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Wall Street is a lot like Bitcoin - Greatly inflated

Feb 05, 2018 07:53 PM
Ambassador
2,191,051
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I'm not too worried yet. 

Feb 05, 2018 07:30 PM
Rainmaker
2,487,054
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Real Estate cycles do the same thing only over time

Feb 05, 2018 06:42 PM
Rainmaker
258,467
Lesley Wilson-VanGoethem
Innovative Realty Solutions Group - Winter Springs, FL
Residential Real Estate Broker Associate

In my humble opinion, we were overdue for a drop, as we havent been fluctuating much lately...
But I think our wild ride is coming sooner than we expect!

Feb 05, 2018 05:47 PM
Rainmaker
3,983,763
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

Profit takers getting a bit jittery

Feb 05, 2018 03:58 PM
Rainmaker
4,164,678
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Seat belts were definitely required for a couple of days.

Feb 08, 2018 12:09 PM
Rainmaker
4,432,467
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

No idea

Feb 06, 2018 06:39 AM
Rainmaker
3,054,229
Tony and Suzanne Marriott, Associate Brokers
Haven Express @ Keller Williams Arizona Realty - Scottsdale, AZ
Serving Scottsdale, Phoenix and Maricopa County AZ

Depends on the source...

Feb 06, 2018 05:12 AM