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Parent Post: "Crash Pricing" Setting In As Distressed Home Sellers Capitulate
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In Reply To
rick
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7/16/2026, 12:53:33 PM
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Stock market starts to go south forced housing sales will begin with Boomers. Second and third homes are very vulnerable to this. RE is not a fast reacting asset especially when we're talking about someone's home.
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hunter
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7/16/2026, 3:39:04 PM
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Idk, boomers can't afford to give up their run down homes. 2nd and 3rd, sure, but how many people have multiple homes
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rick
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7/16/2026, 7:02:29 PM
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Just sayin'. They'll be first to go at least that's what I think. I mean other than the primary residence. I bought foreclosures right after GFC. Talked to the people in charge of closing them up and winterizing etc. I lived in a small county surrounded by other small counties. There were hundreds and in each. Those were almost always recent and/or refinanced purchases. Had to use the gov special sales contract. I was fairly knowledgable and had a thing or two crossed off but I did manage to miss something. So there were some un-anticipated surprises nothing real big.
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hunter
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7/16/2026, 8:03:39 PM
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Tell me about winterizing
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