No idea, investors seem to be a little tired over buying RE rental and stocks.
The only thing stopping price from softening is inventory is still low 
Unless inventory starts to increase y/o/y, peak is unlikely.
Not at all. We are nowhere near the peak.
When I look at the market, nothing is attractive other than the fire damaged houses which I do not want to touch.
My resistance to market also suggests that peak is close.
Also this forum suddenly became very active but most of the posts are not RE related. It suggests that most people on the forum are not busy with RE now. Other than wuqijun, elt1 and Peter, I suspect no one else is buying now. Since wuqijun is really active now, I suspect he’s also low in RE activity now
Come on, you cannot determine market trend based on the activities of a few people here on the forum. I’m active here doesn’t mean I’m not active with my real estate… I’m a good multitasker 
Peak of what, where, for who?
The peak is no where near for the south bay with all the jobs and developments planned there.
Where is Jil? Jil’s words are always very wise!
The fact you’re asking means we aren’t there yet. It takes 2.75 to 3.25% of rate increases to tip us into the next recession. We have a ways to go.
i’m calling this the Marcus Mantra. Have seen enough times here 
They always say that it’s almost impossible for you to determine the peak. When you realized that it’s indeed the peak, it would already be too late to sell. So, don’t worry when/where the peak is. Buy and hold forever.
I think the real fun is the next recession, since we average 5.5% of rate cuts. That’d take us well into negative territory. More and more people are talking about what would happen if rates were negative. Investing would be a very different game then. Stock and RE valuations could get insane.
Inflation may stay low for years or even a long time. In Japan, their interest rate has been really low for many years and their economy still had fluctuations.
Inflation would be the biggest question. If inflation stays low for decades, interest rate would be narrow bounded and recession would need to be dealt with other means, not the interest rate.
I think inflation will stay low due to tech innovation that improves productivity. Also, consumers have more info than ever when shopping. That puts significant pricing pressure on companies. Companies have to be constantly focused on lowering prices, or they’ll lose customers.
I’m well prepared 
Apple raises prices.
They internet is a price deflator…People have more info than ever…Shopping for the lowest price is easier than ever…keeps lid on consumer prices…Meanwhile real estate, education, health care all have inflationary pressure way above inflation
Those are the areas that see little productivity growth. Classes are still mostly taught by humans in a classroom. Very little innovation there. Same with health care.
Real estate though, many companies are trying, including our old friend Redfin. I see hope the buyer agent being eliminated and commissions go down to 1 or 2%.
You mean areas the government heavily regulates in the name of protecting us have inflation that’s much higher than normal.
Real estate: agents must be licensed, title companies, mortgage broker license, government backed freddie/fannie, local government regulations/permits/fees on building
Education: government student loans, government accreditation requirements, huge number of state run institutions, dramatic growth in administrative roles to comply with all the regulation
Healthcare: FDA approval of all procedures and drugs, medical licensing board, Medicare/Medicaid are major purchasers of drugs and services
It seems the more government “helps” the faster the costs increase.
Direct and indirect regulatory cost is huge. Housing price is the best example. For houses, existing homeowners are happy since people do not need to by house regularly. For education and healthcare is a recurring cost and it’s a service that’s gone after consumption.
Housing is fine since all the old houses will be usable for many years and most people do not care how much they want to regulate. Actually most people, including owers and renters, want to limit housing production and make housing prosecution more expensive, so that existing people can occupy the city and reject the newcomers.
However, you can’t consume eduction and healthcare from 20 years ago. So education and healthcare needs deregulation. Housing is less urgent since people can fix up the old house and live
The housing cost issue is extremely urgent…It is causing homelessness, disruption, and class envy.
Liberal politicans in the blue states are causing the issue through over regulation.
One could argue that the dominance of the Red State political machine in national elections was caused by the demographic movement to low cost, unregulated, low tax states like Texas…So even though the Democrats have racial demographics on their side they actually created their own demise with high taxes and over regulation…Think about it-- Texas will have 50 million people way before California does…
And most of the growth in California will be in the Red counties