Praful Thakkar, Andover, MA: Andover Luxury Homes For Sale (LAER Realty Partners)

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Rainmaker
525,764
Dave Halpern
Keller Williams Realty Louisville East (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Lemmings jumping off a cliff

Feb 06, 2018 02:38 AM
Rainmaker
748,802
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Real estate falls between stocks and bonds in terms of risk. So when the market corrects, some investors will pull money out of the market and convert it to a less volatile investment -- property. In that sense, it's actually good for us. Endre is quite correct.

Feb 06, 2018 01:01 AM
Rainmaker
3,237,161
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

Praful if you remember the last time the stock market went down hill i.e.: the Tech Stock melt down... it fueled Real Estate... all the buyers ran from having their money in stocks and moved to a safe haven Real Estate...but clearly you forgot...Endre

p.s.: hence it is good for Real Estate

Feb 05, 2018 10:55 PM
Rainmaker
846,015
Marco Giancola
Beachfront Realty - Miami Beach, FL
Realtor (305)608-1922, Miami Beach Florida

Volatility is the name of the game in the stock market. It is correction time for awhile

Feb 06, 2018 03:13 AM
Ambassador
3,444,515
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

No fears or concerns - I think it's a natural correction that is taking place and think things will soon level out again.

Feb 09, 2018 09:56 AM
Rainmaker
1,113,129
Anthony Acosta - ALLATLANTACONDOS.COM
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Will have to wait and see Praful Thakkar 

Feb 06, 2018 05:13 AM
Rainmaker
661,357
Paul Antonelli
Antonelli Realty - Saint Cloud, FL
Broker Owner; Antonelli Realty

it recovered in 2008 and will recover again. And actually its not that bad of news to hit us. It just means that the economy is doing well.

Feb 06, 2018 03:01 AM
Ambassador
3,983,699
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

I think we may be in a cooling off period but then hold on again for another ride.

Feb 05, 2018 10:16 PM
Ambassador
2,191,051
Debbie Laity
Cedaredge Land Company - Cedaredge, CO
Your Real Estate Resource for Delta County, CO

I'm not getting too excited about the DOW drops yet. 

Feb 06, 2018 09:02 PM
Ambassador
1,985,593
Silvia Dukes PA, Broker Associate, CRS, CIPS, SRES
Tropic Shores Realty - Ich spreche Deutsch! - Spring Hill, FL
Florida Waterfront and Country Club Living

There will always be opportunities for someone!

Feb 06, 2018 12:52 PM
Rainmaker
2,826,511
Kathleen Daniels
KD Realty - 408.972.1822 - San Jose, CA
San Jose Homes for Sale-Probate & Trust Specialist

I do not believe so.  If anything it will help yet I do not see how in so many areas, like mine, where there is no inventory. 

Feb 06, 2018 09:27 AM
Rainmaker
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Praful Thakkar there's business to be found IN ANY MARKET.... BUYERS, SELLERS OR LEVEL MARKET...

Feb 06, 2018 08:28 AM
Rainmaker
573,594
Peter Testa
Nationwide Homes - Danbury, CT
PETER TESTA

Sure looks like a correction. 

Feb 06, 2018 04:46 AM
Rainmaker
451,111
Greg Cremia
Shore Realty of the Outer Banks - Nags Head, NC

I have been waiting for this. Our second home market needs a shot in the arm and this should be it.

Feb 06, 2018 03:26 AM
Rainer
389,343
Anna Hatridge
Goodson Realty - Farmington, MO
Missouri Realtor with Goodson Realty

Not too worried.  Have notice a slight slow down, but since it is the middle  of our winter season this is normal down swing.  

Feb 06, 2018 03:25 AM
Rainmaker
4,160,435
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

It has been rising way too fast lately, time for some correction.

Feb 08, 2018 12:02 PM
Rainmaker
417,440
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

Should be a well overdue correction. The economy looks strong and I don't think we will go the recession route anytime soon.

Feb 06, 2018 04:33 PM
Rainmaker
2,850,234
John Pusa
Berkshire Hathaway Home Services Crest - Glendale, CA
Your All Time Realtor With Exceptional Service

Praful Thakkar time will tell.

Feb 06, 2018 03:56 PM
Rainmaker
122,930
Denise Copeland
Mirsky Realty Group - Palm Beach Gardens, FL
Jupiter Abacoa Sales & Beach Front Luxury Homes

We were due for a correction. It's come up a bit this morning. And I'm sitting in a home inspection for a $600,000 listing of mine, cash buyers and they aren't worried at all.

Feb 06, 2018 10:09 AM
Rainmaker
1,263,312
Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

No, it was probably the Russians colluding with Hillary again.

Feb 06, 2018 08:57 AM
Rainmaker
4,572,915
Ron and Alexandra Seigel
Napa Consultants - Carpinteria, CA
Luxury Real Estate Branding, Marketing & Strategy

No fears, no concerns, it is a correction.  A

Feb 06, 2018 08:03 AM
Rainmaker
941,060
Thomas J. Nelson, Realtor e-Pro, CRS, RCS-D, Vets
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

When will we stop sensationalizing the natural peaks and valleys of any market? Stocks, Real Estate, Bonds, etc. We were here before, we'll be here again-enjoy the middle and prepare for the "bookends". The only people that panic are the fail to planners. It's a non-event for those of us creating our own economy, working on a budget and paying attention to trends.

Feb 06, 2018 07:23 AM
Rainmaker
1,368,351
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

I just figured it was Patriot fans pulling money out to cover their lost bets.

Feb 06, 2018 07:14 AM
Ambassador
2,363,840
Fred Griffin, on leave of absence from ActiveRain
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 I was going with Chicken Little, then I saw the great answers from Dave Halpern and Endre Barath, Jr. 

Feb 06, 2018 06:36 AM
Rainmaker
1,384,127
Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Praful Thakkar I don't think a correction in the market will affect the real estate market. It might help if investors pulling out their money decide to put it into real estate.

Feb 06, 2018 06:33 AM
Ambassador
4,370,434
Bob Crane
Woodland Management Service / Woodland Real Estate, Keller Williams Fox Cities - Stevens Point, WI
Forestland Experts! 715-204-9671

It depends on whether we find some competent leadership or not.

Feb 06, 2018 06:31 AM
Rainmaker
3,364,878
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Really, is it time to panic? I don't think so!

Feb 06, 2018 05:49 AM
Rainmaker
3,051,109
Scott Godzyk
Godzyk Real Estate Services - Manchester, NH
One of the Manchester NH's area Leading Agents

No, the increase in interest rates will be the slow down. The last increase, i saw every buyer leaning all jump in the market. It has slowed for January and time will tell if spring brings the buyers back. I am thinking the market will recover for those in it for the long run

Feb 06, 2018 05:34 AM
Rainmaker
1,557,759
Lyn Sims
RE/MAX Suburban - Schaumburg, IL
Schaumburg IL Real Estate

sorry ... your fears will not effect my business.

Feb 06, 2018 05:22 AM
Ambassador
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Joe Pryor
The Virtual Real Estate Team - Oklahoma City, OK
REALTOR® - Oklahoma Investment Properties

My niche is like Johnny Cash, A Ring of Fire.

Feb 06, 2018 05:20 AM
Rainmaker
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Roy Kelley
Realty Group Referrals - Gaithersburg, MD

A high percentage of home buyers are not investing in the stock market.

Smart consumers are taking advantage of the low mortgage interest rates that will surely be rising.

Feb 06, 2018 05:18 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

Dave Halpern nailed this one!

Feb 06, 2018 05:08 AM
Rainmaker
780,753
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

After eight months of all advisers saying the stocks are overvalued, it amazes me that this adjustment is even news.  Another 4,000 points of adjustment are needed to get the values closer to reality.

Beginning of the end of 'fairy tale land' maybe. Ride it out. If you got in 3 years ago, you will still be in the money when this shakes out.

Feb 06, 2018 05:08 AM
Ambassador
4,069,794
Jeff Dowler, CRS
Solutions Real Estate - Carlsbad, CA
The Southern California Relocation Dude

Seems like an adjustment was needed there but not particularly worried at this point about real estate.

Feb 06, 2018 05:01 AM
Rainmaker
1,846,699
Michael J. Perry
KW Elite - Lancaster, PA
Lancaster, PA Relo Specialist

Stock Market is < 5% of population 

Feb 06, 2018 04:43 AM
Rainmaker
642,046
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
Carolina Life RealEstate & Relocation 919-602-8489

I think we'll have a good spring market. Some people may feel Real Estate is a better investment than the stock market and go that route. It's hard to say.

Feb 06, 2018 04:06 AM
Rainmaker
3,212,019
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Real estate hot market in Charlotte has been around for at least three years. Stock market has been hot for one year. Fundamentals underlying the real estate market are supply and demand... if that doesn't change to a whole lot more supply markets will stay hot. And is it possible that those who pull out of the stock market might put their money intro real estate? I don't have fears or concerns. 

Feb 06, 2018 03:55 AM
Rainmaker
3,242,298
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Still hot in Denver for real estate!

 

Feb 11, 2018 11:33 AM
Rainmaker
3,983,713
William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

I don't think so.  Peope get way to jumpy!

Feb 06, 2018 04:14 PM
Rainmaker
4,432,467
Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

no

Feb 06, 2018 06:27 AM
Rainmaker
4,797,822
Gabe Sanders
Real Estate of Florida specializing in Martin County Residential Homes, Condos and Land Sales - Stuart, FL
Stuart Florida Real Estate

Maybe, maybe not.

Feb 06, 2018 06:07 AM
Rainmaker
3,127,715
Richard Weeks
Dallas, TX
REALTOR®, Broker

Only for those that chose to bury their heads in the sand.

Feb 06, 2018 04:58 AM