New Home Liquidation Sale
https://www.youtube.com/watch?v=OtoNuW8iJRQ https://www.youtube.com/watch?v=WPw7XQ-7k3M
Over-Eager Investors Who Took Advantage Of Low Interest Rates Bought Houses At A Premium Under The Impression It Was Going To Be Like That Forever
A weekend topic starting with the Los Angeles Times. "While it's hard to predict what comes next, economists said it's doubtful rates will fall back to 3% or below anytime soon. That's in part because such rock-bottom rates were the…
Don’t Catch A Falling Knife
https://www.youtube.com/watch?v=hs5N8ByRS5Y https://www.youtube.com/watch?v=jWYS1i0PE3M https://www.youtube.com/watch?v=f6MvGm6zmW4 https://www.youtube.com/watch?v=5Bo5-U1vO6g https://www.youtube.com/watch?v=mtdrSDRjtL0
The Craziness Will Go Down In History As A Once-In-A-Generation Boom That Was Not Sustainable
It's Friday desk clearing time for this blogger. "In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in…
Sellers In Panic!
https://www.youtube.com/watch?v=7Es2iv_j700 https://www.youtube.com/watch?v=6VB_ciulCCE https://www.youtube.com/watch?v=wL-wL-REmms https://www.youtube.com/watch?v=8Ou-JVGtxmE
The Days Are Gone Of Being Greedy And Just Throwing A Price Out There
A report from Money. "When Bob J. saw a model home he liked in a subdivision northwest of Dallas in October, a quick 24-hour negotiation with the builder netted him a savings of $125,000, free furniture and a fully decked…
Defaults On The Rise, Buyers Can’t Close
https://www.youtube.com/watch?v=ugeVnomR40o https://www.youtube.com/watch?v=JYF2dSGn94Q https://www.youtube.com/watch?v=Xh8Eka1Kt-s
The Latest Sign That The Climate Of FOMO Has Swiftly Turned To Regret
A report from Reuters. "U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged. It put residential investment on track to contract for the seventh consecutive quarter, which would be the longest such stretch…
Homebuyers Struggle To Close
https://www.youtube.com/watch?v=486khoh53dU https://www.youtube.com/watch?v=nS4CcrBFYok https://www.youtube.com/watch?v=zXJaZkgt6F8 https://www.youtube.com/watch?v=SXK-IOTYgG4 https://www.youtube.com/watch?v=B0Kt5uISNHo
There Was A Shift Where People Stopped Thinking Prices Would Just Keep Rising
A report from the Herald Tribune in Florida. "'Sellers are listening more to their agents and being more realistic with asking prices,' noted Ellen O’Day, the managing broker for two of our Coldwell Banker Realty offices in Sarasota." The Los…