Special offer
Tony Lewis, Summit Real Estate Group Valencia & Aliso Viejo (Summit Real Estate Group)

Spam prevention
Ambassador
2,062,308
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home is where the hearth is.

When you asked six months ago... the market wasn't crashing.  We were right.

Even today, while the market is declining (a bear market), it's far from crashing Ms. Little.  The stock market is cyclical, and if you can't handle the ups and downs, you shouldn't be in the market.

Jun 16, 2022 09:39 AM
Rainer
378,517
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

A- it wasn't crashing in January, the record high was January 22nd.  B- it's not "crashing" now, it's having a bit of a correction.  But unless I sell I haven't lost anything.  And I'm not selling in a correction.  But it is a good time to buy.

Jun 16, 2022 09:47 AM
Ambassador
3,126,213
Wanda Kubat-Nerdin - Wanda Can!
Red Rock Real Estate (435) 632-9374 - St. George, UT
St. George Utah Area Residential Sales Agent

Tony, I like chicken a little, the skies are bluer than ever and not falling.

Jun 16, 2022 10:59 AM
Ambassador
1,076,551
John Meussner
Mortgages in AZ, CA, CO, DE, FL, GA, IN, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI - Fair Oaks, CA
#MortgageMadeEasy Fair Oaks, CA 484-680-4852

Lol it was 6 months ago and many rode a wave further up - we're in a bear market which was SUPER easy to predict.  The stock market hasn't crashed, it's declined into correction/bear territory.  But it was really, really easy to see coming, and I'd note it's also easier to 'call' the high when you're at the tail end of a record long bull market.

Jun 16, 2022 12:19 PM
Rainmaker
5,104,931
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Six months ago the market was not crashing.

Jun 16, 2022 09:12 AM
Rainmaker
644,165
Greg Large
ERA Real Solutions - Grove City, OH
A Tradition of Trust

I didn't laugh at you, I just didn't agree with you.

Jun 16, 2022 12:35 PM
Rainmaker
1,311,772
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

I am and have always been a long term investor. Not selling now in panic. Holding for the inevitable rebound...whenever it comes.

Jun 16, 2022 12:27 PM
Ambassador
1,453,069
Susan Emo
Sotheby's International Realty Canada - Brokerage - Kingston, ON
Kingston and the 1000 Islands Area

Never a better time to invest:  Hold and Buy is sound advice!

Jun 16, 2022 12:13 PM
Ambassador
2,684,209
Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

     When the Federal Reserve raises rates to record-high levels, the rest of the financial world gets rattled.   

    Relax, things will smooth out in a day or two.

Jun 16, 2022 10:22 AM
Rainmaker
711,952
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

With every downturn, there is an opportunity.  I personally think things will look better this fall.  But I may be wrong!

Jun 16, 2022 10:08 AM
Ambassador
3,345,257
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

I am with Greg Large 

I did not laugh. I just held a different opinion.

Jun 16, 2022 01:02 PM
Rainmaker
2,781,313
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Chicken little? NO         Chicken a lot? YES

Jun 16, 2022 09:31 AM
Ambassador
2,436,470
Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

I did not laugh at you nor did I call you Chicken Little.

That being said I don't believe the stock market is "crashing." It's just correcting.

 

Jun 16, 2022 06:47 PM
Rainmaker
921,504
Annette Lawrence , Palm Harbor, FL 727-420-4041
ReMax Realtec Group - Palm Harbor, FL
Making FLORIDA Real Estate EZ

That is the magic of being a skeptic, if you wait long enough everything does come to pass.
I will project gas prices will come down and agent compensation will average in the same direction as 1.3 million realtors try to stir up something.
What rattles me most is all the laughter coming from those EV as they roll past the gas station. Another $100 in the tank.

Jun 16, 2022 10:31 AM
Ambassador
6,393,709
Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I am not too worried in any market, there are always opportunities for those who are ready to grab them

Jun 16, 2022 04:26 PM
Rainmaker
1,197,555
Peter Mohylsky, Beach Expert
PMI. Destin - Miramar Beach, FL
Call me at 850-517-7098

I was silent in January but optimistic

Jun 16, 2022 01:48 PM
Rainmaker
1,196,798
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Don't remember anyone laughing at you. Good time to buy

Jun 17, 2022 06:02 AM
Rainmaker
5,217,433
Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Alan May is correct. If you can't handle the bumps and potholes, don't drive!

Jun 17, 2022 04:37 AM
Rainmaker
901,902
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

We're always speculating what will happen next. When it comes to predictions, some will be right and some will be wrong but no one is right all the time. 

Jun 17, 2022 04:33 AM
Rainmaker
2,241,703
Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

What to do, when and why. Any savvy real estate property lister / twister / peddler knows you just adjust your sales. Put on your poker face. There is always a market... in property, stocks, anything someone perceives is valuable Tony Lewis . Me call you Chicken Little? Not me.

Jun 17, 2022 02:23 AM
Rainmaker
764,033
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

You might want to check out the charts year to date for the Dow, Nasdaq & S&P 500.  You'll notice a steady dip over the past six months.  

Jun 16, 2022 12:47 PM
Rainmaker
2,390,787
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

No clue as to what  I said 6 months ago but when I do put money in the market I tend not to look at it for ten years. I always look at the stock market as a long term investment. It's when you go at it as "I'm going to make a killing" that you usually lose everything.

Jul 12, 2022 03:24 PM
Rainmaker
693,775
Ray Henson
eXp Realty of California, Inc. (lic. #01878277) - Elk Grove, CA
Realtor

I had many friends warn me to get out of the stock market with the new administration.  I did not listen, but wish I had listened.  It is ugly.  I laugh uncomfortably every time the experts talk about a "soft landing."  All I see is a sea of red.

Jun 18, 2022 06:44 AM
Rainmaker
5,868,699
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

I still don't believe it is crashing, but as others are saying, it is correcting.

Jun 17, 2022 05:56 AM