Las Vegas – Turning Into A Buyer’s Market With Slashed Prices?
https://www.youtube.com/watch?v=IOiftlHdJio
Another Bloodbath In The Housing Market
A report from Deseret News. "Real estate firms Redfin and Compass both announced significant layoffs Tuesday. 'To all the departing people who put your faith in Redfin, I’m sorry we can’t keep our commitment to you,' wrote Glenn Kelman, Redfin’s…
There’s Panic In The Air
A report from Bloomberg. "Cryptocurrencies plummeted so violently that a popular lending platform froze withdrawals to prevent a very modern kind of bank run. It was enough, for some, to resurface scary memories of the global financial crisis more than…
Buyers Starting To Regret Purchasing Property in a HOT Real Estate Market
https://www.youtube.com/watch?v=SlNLidR_OKY
Shock, Devastation And Embarrassment Over What Appeared To Be A Glorified Ponzi Scheme
A report from the Marin Independent Journal. "Gloria Othon, 61, poured $115,000 into a year-long project to remodel the bathrooms and kitchen of her San Jose home. Othon and her husband bought the house in the Berryessa neighborhood in 1998…
It’s Not Complicated — It’s Interest Rates, And Now The Party Is Over
A report from the Patriot Ledger in Massachusetts. "'Since the prices have gone up so quickly, there's a lot of people that don't qualify,' said Iva Sandra Andrade, a Brockton-based Realtor who joined the real estate industry in 2015. 'And…
They’re Taking More Time, Causing Sellers To Panic A Little
A weekend topic starting with Fortune. "Last year, months before the Federal Reserve began raising interest rates to combat inflation, former Treasury Secretary Larry Summers warned that inflation was already a problem, and would get a lot worse in 2022.…