Are We Going To See Fire Sales?
https://www.youtube.com/watch?v=mLCQyoQZbhw https://www.youtube.com/watch?v=hgk8vLdTmys https://www.youtube.com/watch?v=1bB9bco8ZAc https://www.youtube.com/watch?v=2FCkByxbWAY
What Worked In The Past Won’t Work Now
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
The Housing Market Collapse
https://www.youtube.com/watch?v=gxrv_r0lA0Q https://www.youtube.com/watch?v=vQgXazz5jHQ https://www.youtube.com/watch?v=pDNf_22XpeY
Before Even Accepting An Offer Below Asking Price, Many Sellers Are First Finding They Are Having To Drop The Price To Attract Buyers
A report from KLAS in Nevada. "Housing prices continued to tumble in November, according to Las Vegas Realtors. Prices have nearly fallen to where they were a year ago — a median price of $420,000 in November 2021 — erasing…
Some Analysts Are Predicting The Market Will Come Roaring Back
https://www.youtube.com/watch?v=eViEgMlOGg8 https://www.youtube.com/watch?v=4CUCdt0b8b4 https://www.youtube.com/watch?v=lCctFwnSjMQ https://www.youtube.com/watch?v=kQ8Rnnkg7Jw https://www.youtube.com/watch?v=ziphPO7NlmE
Homebuilders Are Now Stuck With A Bunch Of New Houses That Are Hard To Sell
A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
Many Homeowners Owe More On Their Mortgage Than Their House Is Worth
https://www.youtube.com/watch?v=WX0FeBkNxP0 https://www.youtube.com/watch?v=PGalOYTrlM4 https://www.youtube.com/watch?v=26NF70lRkZE https://www.youtube.com/watch?v=j2Uf-kSJ_rA https://www.youtube.com/watch?v=W7BoFsKAgac https://www.youtube.com/watch?v=PFgknpd2Lio
A Result Of Sellers Coming Down From The Moon To The Earth Where The Buyers Are
A report from the Sacramento Bee in California. "The Sacramento region’s housing affordability crisis has eased. Very, very slightly. Placer, El Dorado and Yolo counties also saw affordability numbers increase slightly. Median prices have been steadily falling in recent weeks.…
Workers Facing Or Experiencing Layoffs Abandoned The Housing Market
https://www.youtube.com/watch?v=Jd1vgrXaJcE https://www.youtube.com/watch?v=PVTIc3u0y3M https://www.youtube.com/watch?v=tnPp0OFhPQg https://www.youtube.com/watch?v=OcSn8W2RHvg https://www.youtube.com/watch?v=zYRoS9VUjus https://www.youtube.com/watch?v=E9uF1nK6Qjo
Winter Is Here For Investors
A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…