I am discovering that bank failures are a favorite past time for the rich & powerful as we discover them selling stock, cashing in right before failing. As usual, the government bails them out. What just happened? Money changes hands. The bizarre part? Not only has this happened so many times, that to keep the game going so the little guy participates, they guarantee or insure against loss causing us to keep playing our part. If someone tracked these failures, they would discover a pattern. As far as it affecting Real Estate, the dynamic of owning cannot be stopped only slowed and today, there is such a lack of inventory plus reason to not trust leadership that having a secure place of your own is more in demand

Not... it's been absorbed by JP Morgan Chase.

Chase is yet again getting another free bank. Our government is is printing money.

I think our currency will be failing... maybe even in my lifetime.  People better wake up.

i have read the responses and will say 'I echo the same sentiments" ...

One day at a time. Let's see how the shit show unfolds and unfolds, and unfolds as evil and corruption prevail. 

People better wake the **** UP! 

The Dominoes are Falling.  

    There will be shortages of real estate, as people pull their paper-money life savings out of the bank and buy homes and land with it.   Prices will go up (supply and demand).

    Interest Rates will go up.   With less money to loan out, the banks will have to charge higher interest rates on what they have left. 

Not in a positive way. America is being destroyed from the inside and the elite do not care because they are finally secure!

It has been interesting to watch especially if you can believe that the fed worked over the weekend to put the deal together.  I really wonder what the details were.  and how much is it going to cost us.  

not a prognosticator of things outside my control.

First Republic Bank was, in fact, saved from failure by being purchased by J.P. Morgan Chase...already the nation's largest bank.

No...the sky is not falling.

How will the take-over by Chase effect real estate?

Those tired of banks and their potential for failure will invest in more real estate. This will lead to an escalated inventory shortage - again.

Uncertainty does not usually bring the best results. Large depositors are worried about the regional banks that are so important in many of our communities.

I can not imagine it having any effect at all Will Hamm but I've been wrong many times before.

Another bank? There were only 2 that I'm aware of & that has all been fixed.

The FDIC had nothing to do with Credit Suisse.

It seems it may be a temporary distraction. Most will forget about it until it becomes a bigger issue.

First Republic Bank failed due to errors in judgment by management, giving out too many low interest loans to wealthy clients hoping to generate fees from other business and wealth management for those clients.  

When Silicon Valley Bank failed, these wealthy bank clients reduced the amount of funds in First Republic to the FDIC insured minimum.  This "run" on the bank caused it to collapse.  

Management's business model failed and other banks that cater to wealthy clients without regard for prudent banking and lending practices will find themselves in the same boat.

As we have a shortage of so many things and an overabundance of lawyers, media and the experts in so many fields called politicians, who knows!

I echo the comment o f Kathleen Daniels, Probate & Trust Estate Specialist. If we don't wake-up quick, we may not have a lot to wake up to! 

Another bank, another crypto, another big store fail or bankruptcy, etc.~ seems we hear it more often after covid. I just checked what industries are hit by any recession the most and here we are: 

Probably wont have much effect on real estate, may impact banking though.  Perhaps they will reinstitute some of those regulations that were relaxed a few years ago.

I have no idea. Hopefully it will turn out alright for everyone.

People will continue to buy and sell Real Estate. Banking will still consolidate until there are few regional banks left

Will Hamm  It should stop the Feds from raising the rates as it is hurting small banks but will it?? Let us hope so! It is very apparent that the rise in rates is hurting the small banking  institutions.

The rich get richer and the poor get poorer.  So if you sell high end real estate things are looking good.

It hasn't had much impact - that banks struggles have been digested by the markets over the past few weeks so no surprises (surprises are what drive volatility)

Business as usual.  Should there be further issues in the banking system, that could cause some issues, but for now, things are stable-ish.

With banks failing and rates climbing, it absolutely will slow the housing market.  Higher interest rates will always produce lower demand as well as the consumers uncertainty in the market, caused by banks failing.  However we will not see a dip in real estate as we seen in 2008.  While home values will not appreciate at the rates we have seen in the past years, we will not seen the drop in values that 2008 produced.  In 2008, when a homeowner lost their ability to repay loans and faced foreclosure, many didn't have an option to resale the property because the home values had slipped below the mortgage balance.  Overall people should be cautions on any serious financial decision but be certain that the market will recover.  

Home loans will fluctuate with many factors.  Banks closing won't matter but a recession will impact the real estate market.

While about half of my deals are all cash, of those that financed- First Republic represented an outsized portion of deals I have closed. I largely dealt with them on 2 different ends of the spectrum. First, and underreported in the press, I worked with them on financing for Community Reinvestment Act (CRA) loans- areas that had been previously redlined. These have been typically sales in the entry level  of the market - $400k-$1m. Up until around January 4th of this year the rate on those loans was 3.75% on a 30 year fixed and it also included up to $4k in closing cost assistance. Typically the borrower profile was very strong...but not the really wealthy client that First Republic was known for. After Jan 4th- the rate jumped up to 4.75%, but was still at least 75-100 basis points cheaper than everyone else. The rate didn't change again until the crisis became evident and right before the takeover they jumped to 6.40%

Then there was their primary target business in which I worked with them, the more affluent relationship banking they were known for. The areas I cover don't have as many high end properties- so I dealt with them less on this end, but they were often one of the shortlist lenders I would suggest to these buyers. 

Both Credit Suisse and First Republic were rescued- so as far as impact looking forward- it's a non-event unless contagion starts. From my days in finance - I have consulted for UBS for their Mortgage Backed Securities trading team as well as their Precious and Base metals trading desks and I know a bunch of people that work for Credit Suisse - so I already know there will be some tension over the integration coming from staff on both sides. I had also done a lot of merger integration work with JP Morgan and Chase and a few other Chase as well as JPMC acquisitions that I can't even recall the entities that were swallowed up so I know the tension is normal and will dissipate over time as turf wars are won and lost.