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…
Sellers Are Lowering Prices Left And Right And Also Paying Concessions And Closing Cost Again
https://www.youtube.com/watch?v=GqbHR6kqNfM https://www.youtube.com/watch?v=szJ8tfu8b10 https://www.youtube.com/watch?v=G3tIUXCRlLo
Some Agents Have Reported That Numerous Cheeky Offers Are Now Being Presented To Sellers
It's Friday desk clearing time for this blogger. "RE/MAX reported the median sales price in the Los Angeles metropolitan area, including Orange County, in Dec. 2022 was $810,000, a 4.7% drop from the previous year's $850,000 sales price. The San…
Job Loss Could Lead To More Listings And Potentially Lower Prices
https://www.youtube.com/watch?v=7Nk22w_BzCE https://www.youtube.com/watch?v=rH-ku9aVQWM https://www.youtube.com/watch?v=jrcgcu6SvUU https://www.youtube.com/watch?v=0eHYOAv9sQg https://www.youtube.com/watch?v=-yMK48H58Xw https://www.youtube.com/watch?v=JVMM7sRrNWY
Staying With Your Cheapest, Most Uptight Friend – And Paying Them For The Privilege
A report from Seven Days in Vermont. "When Moriah Stokes and Vincent Connolly purchased a second home in Morrisville in 2017, they already had plans to list it on Airbnb. The couple were living in Colorado at the time, and…
What Goes Up, Must Sometimes Come Down
https://www.youtube.com/watch?v=o-9mxyg9ew4 https://www.youtube.com/watch?v=Vvin2DGzM3s https://www.youtube.com/watch?v=QOlqh4Y3Pkc https://www.youtube.com/watch?v=jTyLFKf6OdM https://www.youtube.com/watch?v=x17UDjwTtGU https://www.youtube.com/watch?v=qXVeAR2rU4k
As The Fed Ends The Era Of Free Money, More Levered Speculators And Unscrupulous Behavior Get Exposed For What They Always Were
A report from Click Orlando in Florida. "Orlando resident Jeriah Owens is searching to buy her second home. She told News 6 that as a single mom especially, it’s been a little frustrating with the up and down interest rates…