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2020 is off the rails

Posted on 4/25/20 at 7:19 pm
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/25/20 at 7:19 pm
1. Wuhan Flu- hundreds of thousand dead in 184 countries.
2. Complete economic shutdown
3. Biden Rape Allegation (it’s true)
4. Kim Jung Un Brain Dead
5. Oil prices go negative
6. Taxes being delayed and American tax payers receiving a bailout.
7. Stock Market Crash.
8. Kobe Bryant being killed in Helicopter Crash.

It’s not even June yet.
This post was edited on 4/25/20 at 9:49 pm
Posted by bad93ex
Member since Sep 2018
27190 posts
Posted on 4/25/20 at 7:21 pm to
See this is what happens when LSU wins the CFP National Championship.
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89528 posts
Posted on 4/25/20 at 7:22 pm to
LSU had 14 players taken in the draft.

Unreal.
Posted by americanlsufan
Member since Jan 2013
805 posts
Posted on 4/25/20 at 7:22 pm to
Posted by Ham And Glass
Member since Nov 2016
1517 posts
Posted on 4/25/20 at 7:27 pm to
Poor Brian Dennehy. A national treasure and his passing was hardly noticed because of all this. It’s reminiscent of the Sultana sinking in the MISSISSIPPI-the largest maritime disaster in our history—hardly noticed due to Lincoln’s death a few days prior.
Posted by L.A.
The Mojave Desert
Member since Aug 2003
61279 posts
Posted on 4/25/20 at 7:37 pm to
quote:

Housing market crash coming in a few months.
Could you elaborate? I may be buying and selling a house in the next few months.
Posted by Mud_Till_May
Member since Aug 2014
9685 posts
Posted on 4/25/20 at 8:01 pm to
quote:

Could you elaborate? I may be buying and selling a house in the next few months.


I would sell and live with a relative or rent. The housing market is about to explode. Right now is the calm before the storm.
Posted by L.A.
The Mojave Desert
Member since Aug 2003
61279 posts
Posted on 4/25/20 at 8:09 pm to
quote:

The housing market is about to explode.
By explode you mean falling prices?
Posted by Blaeke
Member since Dec 2016
1019 posts
Posted on 4/25/20 at 8:12 pm to
Kobe dying in a helicopter crash.
Posted by Dale51
Member since Oct 2016
32378 posts
Posted on 4/25/20 at 8:15 pm to

quote:

Sultana sinking in the MISSISSIPPI-


Tash Sultana?




LINK
Posted by BIGFOOD
Member since Jun 2011
12500 posts
Posted on 4/25/20 at 8:15 pm to
quote:

The South declares independence.




Posted by LuckyTiger
Someone's Alter
Member since Dec 2008
45216 posts
Posted on 4/25/20 at 8:20 pm to

Posted by uppermidwestbama
Member since Nov 2014
2097 posts
Posted on 4/25/20 at 8:31 pm to
Kim Jong Un on the verge of death
Posted by Bass Tiger
Member since Oct 2014
46074 posts
Posted on 4/25/20 at 8:40 pm to
quote:


Housing market crash coming in a few months.

Biden wins and immediately resigns giving the presidency to Stacey Abrams.

The South declares independence.


Yeah, I think you’re right. Not only home foreclosures but a lot of late model vehicles probably on the market or repo’d pretty soon.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 4/25/20 at 8:42 pm to
quote:




LINK


another fricking "uncertain times" commercial at the link

What Orwellian bullshite
Posted by genuineLSUtiger
Nashville
Member since Sep 2005
72948 posts
Posted on 4/25/20 at 9:13 pm to
This decade will end up making the Sixties look like a church picnic
Posted by RBTiger
Baton Rouge
Member since Jun 2011
7687 posts
Posted on 4/25/20 at 9:31 pm to
In FEBRUARY .. Tyson Fury's brutal beat down 7th Round KO of Deontay Wilder in Boxing Heavyweight Championship + the epic entrances to BOTH Fighters

Actually the 2020 Cartoon Started on Jan 6th...... when Ricky Gervais savage intro at Grammy's to all of Hollywood

Then..... LSU's National Championship set the tone!
Posted by BZ504
Texas
Member since Oct 2005
9452 posts
Posted on 4/25/20 at 9:39 pm to
BDJ (Joe Burrow) goes #1 to Cincinnati.
Posted by TigerDat
Member since Aug 2010
7629 posts
Posted on 4/25/20 at 10:38 pm to
quote:

Housing market crash coming in a few months


Kind of hoping for this have 500k cash waiting for the right house.
Posted by TerryDawg03
The Deep South
Member since Dec 2012
15713 posts
Posted on 4/25/20 at 10:41 pm to
quote:

Could you elaborate? I may be buying and selling a house in the next few months.


Wait for April's housing report to see what prices and listings are doing YOY and MTM. If you can wait for May's report, even better (although by that time you'll be in June).

Residential real estate is going to largely depend on your local market and price point. There have been no actual indicators that a large drop is coming. March housing numbers were down slightly, homebuilder sentiment was down some and housing starts were off a little, but nothing major yet on existing home sales. Again, I'd wait for April's numbers.

One the commercial side, the Appraisal Institute had a great webinar last week. Commercial real estate is going to vary by sector. Hospitality has been hit hard, with hotels reporting roughly 80% drops in RevPAR (Revenue Per Available Room). It depends on how long they drag this out. Also heard an estimate that the US currently has about 40,000 screens (in movie theaters) and that the country may lose up to 10,000 screens.

It's still a crapshoot.

ETA: See if you can find one of your prominent local residential real estate groups. They may put together a report on your local market with the information above (and loads more). We have one in town that puts out a great report.
This post was edited on 4/25/20 at 10:44 pm
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