An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
Pandemic Housing Boom Caused Major Buyer’s Remorse
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The Biggest Drawback Of Helicopter Money
A weekend topic starting with Fortune. "In 2005, Fed Chair Alan Greenspan told Congress that a 'bubble in home prices for the nation as a whole does not appear likely.' Of course, not only had a housing bubble formed, it…
It’s More Important Than Ever For Motivated Sellers To Get Aggressive With Their Pricing
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If A Person’s Equity Falls Into Negative Territory, Lenders Are Unlikely To Take Them On At All
It's Friday desk clearing time for this blogger. "'In this particular market, the metro Detroit market we’re actually seeing home prices dropping. I’m seeing home prices drop by $10,000 a month,' said broker Maynard Neal." "'Now that we’re entering a…
Buyers & Sellers On Different Planets
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It’s Worth Less Than What I Paid For It, Stuff You Guys I’m Doing A Runner
A report from NBC San Diego in California. "Gone are the days of 30 bids raising a home’s prices overnight. 'That market is done. It’s completely dead,' declared Miguel Contreras a real estate consultant. 'If you’re a seller, you have…
The Housing Market Continues To Soften
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They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
No Neighborhood Is Immune And The Numbers Clearly Illustrate What Is Coming
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