Topping The Charts For Price Declines And The Worst Of It May Not Be Over
https://www.youtube.com/watch?v=230ZBW2zFZo https://www.youtube.com/watch?v=JZ1OElt5dCc https://www.youtube.com/watch?v=k7cQIpP0RDc
Whatever We Owe On It, Let The Bank Take It
A report from the Marin Independent Journal. "Beth Brody, a Compass agent in Mill Valley, is bullish about 2023 after a year in which the median home price in Marin plunged about 30%. The apex was $2.12 million in April.…
News Of Rising Interest Rates Has Obliterated An Already Weak Housing Market
https://www.youtube.com/watch?v=_4-ei-XEAW4 https://www.youtube.com/watch?v=3zTOF0pM_N4 https://www.youtube.com/watch?v=-_QzOj7c98M
Coming Back Down To Earth Is Not A Bad Thing, Unless You’re A Seller, Then It Sucks
A report from the Mountain Democrat in California. "During a recent interview for a listing I made the mistake of assuming the sellers were aware their home was not worth today what it was last summer. My mistake became evident…
We Have Seen A Massive Increase Of Homeowners Needing Short Sales And In Foreclosure
https://www.youtube.com/watch?v=bXL0s2KVX-o https://www.youtube.com/watch?v=guAr_Tt5gWk https://www.youtube.com/watch?v=byfdyiKF3uw https://www.youtube.com/watch?v=uxCifL0U1DI https://www.youtube.com/watch?v=GHzjQ8_KyxA
If You Don’t Want To Get Stuck, Those Who Have Invested At The Top Should Boldly Cut Their Losses As Quickly As Possible
It's Friday desk clearing time for this blogger. "Today iBuyers are the ones getting shafted. Laurie Tayrien and her husband bought a home in Phoenix for $485,000 in November. Only five months earlier, Opendoor had purchased it for $646,800. That's…
Many Developers And Investors Struggling To Stay Afloat
https://www.youtube.com/watch?v=F9wNLp04FkM https://www.youtube.com/watch?v=ZupDZFF4G60 https://www.youtube.com/watch?v=uZNNemfjdG8
Some Buyers Who Got Caught Up In Fear Of Missing Out Are Now Feeling Remorse
A report from WRLN. "Their billboards used to plaster South Florida. Their contractors went door-to-door, offering expensive and much-needed upgrades to roofs, windows and air conditioning units — with no money down, no credit check needed. Ygrene Energy was the…
Homeowners Struggle Finding The Perfect Number
https://www.youtube.com/watch?v=38ENwzh8h2E https://www.youtube.com/watch?v=6fJaCEV2RBs https://www.youtube.com/watch?v=ujvtTKRUa4Y https://www.youtube.com/watch?v=CT5tSBMAlpQ
The Soft Landing Island Is Looking Really Crowded
A report from DS News. "As the housing market took its twists and turns to close our 2022, Fannie Mae felt the impact of a market in flux. Fannie Mae’s net income decreased $9.3 billion in 2022, compared with 2021,…