Buyers Are Pricing In Future Decreases And They Are Submitting Really Low Offers
https://www.youtube.com/watch?v=r-Vesr7k8bA https://www.youtube.com/watch?v=oeOyD8cxhUE https://www.youtube.com/watch?v=_kbDQ8OoHu0
The Market Will Not Go Back To What It Was, Because What It Was, Was Insane
A report from the Salt Lake Tribune in Utah. "It’s just two weeks into 2023, and Utah real estate agents are already being told to look to 2024 for things to improve. Hundreds of them broke into a slow nervous…
The Disaster Unfolding For Sellers
https://www.youtube.com/watch?v=hGgIEce4JLE https://www.youtube.com/watch?v=G6p76SNKDeg https://www.youtube.com/watch?v=SD3F2SNYXQQ
An Annus Horribilis, A Bargain Hunter’s Paradox, Planting A New Garden
A weekend topic starting with Yahoo Finance. "At an event this week at a swanky restaurant atop the Equinox Hotel in Hudson Yards, New York City — the firm's CIO Tony Roth opened evening discussions by arguing '3% is the…
Buyers Are Pulling Out, FEAR and PANIC Set In
https://www.youtube.com/watch?v=WGfWOJ_vluk https://www.youtube.com/watch?v=95SkoFI0f6A https://www.youtube.com/watch?v=kseyt6sIh3g https://www.youtube.com/watch?v=EaRKfc3XygE https://www.youtube.com/watch?v=ZdMbExOb8ng
There’s Nothing Quite As Impactful On A Marketplace As Too Many People Who Have To Sell
It's Friday desk clearing time for this blogger. "'When you have a rise and increase in interest rates like we've had, that is a big problem for housing. Interest rates are like the mother's milk of housing,' Pulte Capital CEO…
Homebuilders Are Driving The Decline In Prices
https://www.youtube.com/watch?v=v84MJhgqqko https://www.youtube.com/watch?v=Cw1drsM5KNI https://www.youtube.com/watch?v=DN-tUXAhNvw https://www.youtube.com/watch?v=T-KulROwUC0 https://www.youtube.com/watch?v=KnZBTPRbSYM https://www.youtube.com/watch?v=VCPT-F3V_rU
Investors Swimming Naked And Carrying Big Liabilities
A report from the Pahrump Valley Times in Nevada. "Pahrump home sales and prices slid slightly in the last two months of 2022, according to data released by Las Vegas Realtors. December 2022 was a 'bust' compared to the 'bang'…
Some Sellers Can’t Afford To Sell
https://www.youtube.com/watch?v=5iTv_e6ctEs https://www.youtube.com/watch?v=8azaH-v9qj0 https://www.youtube.com/watch?v=J9a_MKLDJd8
The Sharknado Of Real Estate: No One Saw It Coming, No One Believed It Was Happening, But We’re Never Going To See Numbers Like That Again
A report from CNBC. "Wells Fargo is stepping back from the multitrillion-dollar market for U.S. mortgages. As part of its retrenchment, Wells Fargo is also shuttering its correspondent business that buys loans made by third-party lenders and 'significantly' shrinking its…