Buyers Made Snap Decisions With Huge Sums Of Money That — In Some Cases, They Never Actually Had
A report from the Review Journal in Nevada. "In the southwest Las Vegas Valley, a one-story house for sale boasts vaulted ceilings, crown molding, and an open floor plan. It’s a 'gem,' the listing declares — and amid falling home…
Listings Cancelled In Halton & Peel
https://www.youtube.com/watch?v=rshXOG-PAeQ https://www.youtube.com/watch?v=MhJIYQrDWUw
When Everything’s Going Up, It Hides A Lot
A report from Vail Daily in Colorado. "Michael Slevin, owner and president of Berkshire Hathaway HomeServices Colorado Properties, said even as rates rise, his firm’s brokers remain busy. 'We’re counseling sellers that the buyer pool may be diminished,' Slevin said.…
Record Price Drops In The Phoenix Real Estate Market!
https://www.youtube.com/watch?v=2CnDuox5cFk https://www.youtube.com/watch?v=tbt1tk_xE-w
The Great Disinflation Of The Housing Market Is Clearly Underway
A weekend topic starting with WTOP. "'We’ve seen a huge slowdown in demand. In fact, I’m talking to real estate agents who are canceling open houses because they say nobody is showing up right now,' said Diana Olick, who has…
Home Builders Not Building? Holy Shift?!
https://www.youtube.com/watch?v=FscRlX06FY4 https://www.youtube.com/watch?v=j4GaoUinRuk
No Protection From The Bloodbath
It's Friday desk clearing time for this blogger. "The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William Dudley.…
The Crash Is Here
https://www.youtube.com/watch?v=WC-TbxZlNKM https://www.youtube.com/watch?v=K6oPgxGS310
How Do You Pull Money Out If You Just Lost It All?
A report from the New York Post. "Fed officials seemed to oppose taking more aggressive action as recently as last month. Fed Chair Jerome Powell told reporters that half-percentage-point hikes were 'on the table' at meetings in June and July…