Ownership Becoming A Nightmare
https://www.youtube.com/watch?v=goI5FB4NJe8 https://www.youtube.com/watch?v=PB4Qh2ytU4U https://www.youtube.com/watch?v=h-KzAwadX7I
It Is Better To Sell At A Loss Than To Have A False Expectation Of Profit And Then Drown And Lose All Your Assets
A report from Deseret News. "In December, Salt Lake County’s median single-family home price dropped to $541,900 — 6% lower than the county’s median price in December 2021, according to the Salt Lake Board of Realtors. In May of last…
Year-Over-Year Declines Starting To Become More Apparent
https://www.youtube.com/watch?v=ZhmBIGH92po https://www.youtube.com/watch?v=ADgZMQlE6UI https://www.youtube.com/watch?v=__G_n8Z5z_c https://www.youtube.com/watch?v=1jk34uWzCTI https://www.youtube.com/watch?v=m9EbC5VSysE
Starved Of Buyers, Sellers Are Having To Come To Terms With The Reality That Their House Price May No Longer Be Worth What It Was Six Months Ago
A report from Silicon Valley. "Last year 'just got really bumpy real quick,' said Janine Hunt, an agent with Red Oak Realty in Oakland. 'We knew it was coming. What goes up must come down.' The median price of existing…
Crash In 2023..Some Buyers Think So
https://www.youtube.com/watch?v=307bbjb9KO4 https://www.youtube.com/watch?v=b9EiUvYAlcg https://www.youtube.com/watch?v=KeVD-vPKMzQ
Investors Who Were Planning On Flipping Are Now Feeling Fear And Panic
A report from the Montana Standard. "Home sales have slowed to Great Recession levels as the housing market adjusts to elevated mortgage rates, said John Kasperick, a longtime economist at NorthWestern Energy in Butte, and total mortgage demand has sunk…
It Was Quite Irresponsible For The Bank To Lend Us This Much, And They Would Have Lent Us More
A report from Yahoo Finance. "Around 42% of homes sold in the final three months of 2022 included some kind of concession from the seller, Redfin data found. A separate study found that 13.6% of sellers also slashed their listing…
Think The Housing Market Is Going To Crash?
https://www.youtube.com/watch?v=im_HhmNiGu4 https://www.youtube.com/watch?v=_-y5MgxPgxk https://www.youtube.com/watch?v=-dGUSH3Lv48
Responding To The Shock Of The Cost Of Money
A weekend topic starting with Reason. "In 2010 Thomas Hoenig, then the president of the Federal Reserve Bank of Kansas City and a member of the central bank's Federal Open Market Committee, thought he was seeing history repeat itself. In…