Builders Are Feeling The Stress Of The Housing Crash And Can’t Drop Prices Fast Enough
https://www.youtube.com/watch?v=aX2bgJFWuck https://www.youtube.com/watch?v=PWdyHVG65hU https://www.youtube.com/watch?v=KDeqHm5ciVM
I Don’t Think It’s A Good Idea To Buy When The Knife Is Falling
A report from Time Magazine. "Jim Ewing is an Airbnb host whose social media post about his property’s occupancy rates sparked the original viral tweet about an Airbnb bust. He’d posted to an 'Airbnb Superhosts' Facebook group about his struggles.…
Builders Are Willing To Reduce Prices Heavily To Free Up Capital To Continue Building
https://www.youtube.com/watch?v=bqKe2LsrvnY https://www.youtube.com/watch?v=OUlZR2MKQVY https://www.youtube.com/watch?v=1JS8PE-U0mQ https://www.youtube.com/watch?v=lXj-idl76pQ https://www.youtube.com/watch?v=e60ryKLagKs https://www.youtube.com/watch?v=HwNpW052gsY
Panic Has Set In, And The Band’s Striking Up Nearer My God to Thee
A report from NPR. "The housing market has already slowed to a crawl, as mortgage rates top 7% for the first time in two decades. Kansas City homebuilder Shawn Woods said his company has gone from selling a dozen houses…
The Real Estate Market Is Only Getting Worse For Sellers
https://www.youtube.com/watch?v=rA-cJPRi758 https://www.youtube.com/watch?v=7B9FP-QbyOE https://www.youtube.com/watch?v=i4lIB0i9vLI https://www.youtube.com/watch?v=kn5h1pBVcIk
Investor Mania Has Been Replaced By Investor Panic
A report from CNBC. "'It is definitely a hard landing for housing,' said one homebuilder in the Denver area. 'There's this cliff that's happening in January,' said Gene Myers, CEO of Thrive Homebuilders in the Denver area. He predicted that…
Appraisals Did Not Really Matter A Couple Of Months Ago, But Now They Are KILLING Deals!
https://www.youtube.com/watch?v=G1Q3FOmLwsI https://www.youtube.com/watch?v=3NvWhRUnLNk https://www.youtube.com/watch?v=FWDFzLw4hUo
The Housing Market Hit Kind Of A Brick Wall
A report from Business Den. "The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow. But it was something of a nightmare for Opendoor, the data-driven home flipper. The San Francisco-based 'iBuyer' paid $779,000 for the Newton…
If You Are A Seller The Price Is Critical And You Also Have To Pack Your Patience
https://www.youtube.com/watch?v=_ljTyuSRIWY https://www.youtube.com/watch?v=mzFZgYTpWSo
The Crumbling Totems Of Hubris, Greed And Folly Will Become Scars On The Once-Joyful Hills
A report from News for Jax in Florida. "Jonathan Daugherty, a realtor in St. Johns County, said housing fallout is leading to better deals. The future homeowner can no longer afford the home, and in some cases, the buyer is…