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Greedy Sellers Are Chasing Ghosts Of Months Past

A report from the Idaho Statesman. “Broker Kristin Scanlon predicts we will see home prices decrease again as existing home prices follow the decline of new home prices heading into winter. ‘There are huge subdivisions going in left and right,’ Scanlon said. ‘You’ve got all these production builders who are building standing inventory, sometimes 100 units at a time. We’ve seen a lot of them dropping their prices. You used to see primarily price increases all through the early parts of this year. Now you see probably 99% of those home price changes are reductions.'”

“‘It’s our market correcting itself,’ Scanlon said. ‘A lot of new builders in our area were pushing the envelope on price. Now I think sellers across the board are getting a little more realistic because inventory has increased. With the inventory increasing, it’s supply and demand. They have more competition so in order to move their inventory before snow flies, they need to adjust and get a little more realistic about their pricing.'”

From KREM 2 in Washington. “While Spokane is seeing a slight dip in prices and competition fall, local realtors say the housing market is still hot. Local realtor Marianne Bornhoft says a slight increase in inventory is also contributing to the cooldown. She said there are 3-5% more houses on the market compared to spring and summer 2021. Bornhoft added that sellers will need to be more realistic about pricing their homes. As for buyers, they will have more options on the market but should still expect inflated prices and competition against other buyers.”

“Despite the inflation, several local realtors shared that they are not expecting Spokane’s market to crash. ‘Spokane is its own little bubble,’ Bornhoft said.”

The Bend Bulletin in Oregon. “The single-family housing market in Redmond and Bend appears to have tempered and stabilized after months of low inventory and rising prices, according to the monthly Beacon report. Since April, the median price of a single-family home has bounced around the mid-$600,000 range in Bend, said Donnie Montagner, owner of Beacon Appraisal Group LLC of Redmond. In Redmond, the prices have stabilized around $450,000 since April, Montagner said.”

“‘It’s hard to say if we’ve hit the peak on the median sales prices,’ he said.’It’s good news for buyers and good for the community as a whole because there are more choices and a moderately increasing market that takes a lot of the guess work out of where we’re going in the real estate market.’ Homes are averaging a week on the market in Bend and Redmond, with some neighborhoods still receiving multiple offers and others having to reduce price, he said.”

The Dallas Morning News. “Four months in a row of declining North Texas home sales is an obvious indicator that the local housing market has peaked. After more than a year of runaway sales increases, single-family home sales by real estate agents have been down from last year since June. ‘Yes, I would say that the market is settling down from 12 months of insane buying frenzy,’ said Paige Shipp, vice president of market research with CDCG Asset Management. ‘The market is still very strong, just heading towards normalcy. And in real estate, normal is healthy.'”

The Maui News in Hawaii. “Maui County single-family home median sales prices dipped just below $1 million last month. The association’s president Keone Ball said that ‘I think that’s temporary’ as prices for real estate showed a slight dip from then. ‘I do think it will go back up,’ Ball added.”

“However, the Realtors Association of Maui’s September report said there are signs that the market may be shifting. ‘New listings have continued to hit the market, bucking seasonality trends commonly seen in the fall, a time when listing and sales activity typically slows as children return to school,’ according to the report. ‘As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains, would be music to the ears of homebuyers throughout the country.'”

From Miami Community News in Florida. “Over the last 12 months, homeowners have been lulled into fantasy land as they read about bidding wars and hear about homes selling for many thousands of dollars more than asking price. Trying to capture some lightning in a bottle, they are becoming sellers thinking they can overprice their property too, but the market is now seeing a trend toward price reductions – 9.9 percent in September, up from 8.6 percent in July.”

“This Halloween may prove to be downright scary for greedy sellers who are chasing ghosts of months past. Many are setting their prices too high, attempting to get top dollar from buyers who they believe are willing to pay well over the asking price. A growing percentage of those sellers quickly learn that they have to get real. ‘Approximately 30 percent of all appraisals are now coming in below the Contract price in South Florida,’ remarks Phil Spool, a seasoned General Appraiser.”

“The market can certainly get spooked when, and this is true, almost 25 percent of sellers currently listed have put their homes on the market just to see how much profit they can make (according to a survey from realtor.com). Almost 30 percent said they were going to ask for more than their home was worth. Think about that for a moment. Sellers know they are overpriced and think that is perfectly OK.”

“The last quarter of 2021 may turn somewhat ghoulish with this unsustainable attitude. Price cuts are inevitable, especially with the likelihood of interest rate hikes ahead. Widespread price cuts can be bad for the overall market as they cause buyers to be wary of trying to buy and they might back away. When sellers make price reductions to get them back to the property, they wonder what’s wrong with it.”

“The blood-sucking vampires of the last 18-months will soon have their day come. Buyers know when something is overpriced. Until recently, that seemed acceptable. But what goes up must eventually return to the ground.”

From Post Media on Canada. “Residential real estate sales in metropolitan Montreal dropped 28 per cent last month. ‘The market is slowing down, and the biggest factor is the lack of supply,’ said director of market analysis Charles Brant. ‘Inventory is reaching levels that we last saw in 2003. Many house purchase projects have already taken place, and as we approach year-end, we think the sales growth will turn negative.'”

“While Montreal’s real estate market is still showing ‘significant’ signs of overheating, the proportion of sales concluded above the asking price has weakened over the past five months, the association said. ‘At these price levels, there are fewer buyers for properties,’ Brant said. ‘The risk is that prices will continue to increase. And if speculative investors get involved, that could keep pushing prices up even though the economic fundamentals aren’t there. The market is in a much more vulnerable situation than it was several months ago.'”

From Kenyans. “The effects of the Covid-19 pandemic on the economy continue to be felt across all sectors with hundreds of Kenyans facing an unprecedented future. A majority of them, have fallen short of income with most businesses reporting a dip, a situation that has led to many falling into debt. The local newspapers are once again filled with hundreds of commercial property, homes, houses and parcels of land set for auction after owners failed to meet their financial obligations.”

“Most of the houses valued to the tunes of millions of shillings are set to be sold at throwaway prices as the auctioneers indicated that sales are subject to reserve prices. Defaults on mortgages jumped 48 per cent to Ksh70.5 billion in the year to March. The auctions are meant to cushion the banks from loans as the latest data from the Central Bank of Kenya banking sector supervision report indicates that the 14 microfinance banks recorded a 561 per cent growth in losses – from Ksh339 million in 2019 to Ksh2.2 billion as of December 2020.”

The New York Times. “As the troubles of a major property developer and its $300 billion mountain of debt drive a government effort to contain the peril, Beijing risks hurting a major driver of its crucial economic growth engine: home buyers like He Qiang. Mr. He was so optimistic about property in China that he bought an apartment from that property developer, China Evergrande Group, then became a real estate agent himself, selling the company’s apartments to hundreds of other families. ‘It was the peak of Evergrande’s glory,’ Mr. He said.”

“He is much more pessimistic these days. Mr. He, who is from the southern city of Yueyang, has yet to move into his apartment because Evergrande has stopped construction. So many other people are nervous about buying homes, he said, that he’s considering going back to selling cars. ‘People aren’t in the mood to buy property anymore,’ Mr. He said.”

“The real estate boom that once attracted young professionals like Mr. He is experiencing a dramatic overhaul. At one point, buying was so frenzied that properties would sell out within minutes of being offered. Speculation sent prices soaring. Real estate grew to provide more than a quarter of the country’s economic growth by some estimates, with homes becoming the main savings vehicle for Chinese families.”

“Mr. He said his friends and neighbors who were once interested in buying real estate now tell him they worry about putting a down payment on an apartment that might never be built. Families once lured by Evergrande’s slick sales offices and impressive marketing are staying away. ‘People worry, ‘If I buy now, what if the developer has a sale later?’ Mr. He said.”

“Online government forums designed to receive feedback from local citizens are now inundated with complaints from angry families who bought apartments from Evergrande. Some wondered if they should keep paying the mortgage on a property that hasn’t been completed. One used the forum to ask if his lifelong savings would simply be ‘thrown into the water’ if Evergrande were to go bankrupt.”

“A group of home buyers on a forum in Guangzhou said they learned that Evergrande had placed the money from their down payments in a private bank account and not the one stipulated by the local authority and monitored closely. Another home buyer in the city of Meishan in China’s Sichuan Province used the forum to plead with officials, ‘Please uphold justice for your people!'”

“Mr. He is still waiting to hear from Evergrande about his apartment. Though the developer has not sent him a notice of delay, he can see that construction on his building stopped several months ago, and has had to reconsider his plans to get married next May. The apartment was supposed to be finished by the end of the year, giving him time to decorate so that the space could feature prominently in the wedding festivities. ‘Now with this delayed construction,’ Mr. He said, ‘the wedding will be postponed, too.'”

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This Post Has 69 Comments

  2. ‘There are huge subdivisions going in left and right…You’ve got all these production builders who are building standing inventory, sometimes 100 units at a time. We’ve seen a lot of them dropping their prices. You used to see primarily price increases all through the early parts of this year. Now you see probably 99% of those home price changes are reductions’

    My, that’s some shortage. And this does what to previous suckers?

    ‘People worry, ‘If I buy now, what if the developer has a sale later?’

    1. Last time I was in Boise, circa 2019, a colleague was drooling over the prospect of picking up an investment property there. I may need to do some gentle investigation to see if he followed through on his plan.

    2. “They have more competition so in order to move their inventory before snow flies, they need to adjust and get a little more realistic about their pricing.”

      “Before the snow flies?” LOL. Sounds like some desperation to me.

      1. Especially considering the snow in the Treasure Valley doesn’t last beyond a day (2 at the most in the shade) and is barely deep enough to cover the grass in our backyard.

  3. ‘Yes, I would say that the market is settling down from 12 months of insane buying frenzy,…The market is still very strong, just heading towards normalcy. And in real estate, normal is healthy’

    So Paige just said in one sentence they’re fooked. Lot’s of people are about to find out 100,000 pesos is a sh$tload of money.

    ‘As inventory increases, competition for homes may soften, and could even bring a moderation in sales prices, which, after 114 months of year-over-year gains’

    Yeah, there’s no bubble.

  4. ‘Approximately 30 percent of all appraisals are now coming in below the Contract price in South Florida’

    ‘The auctions are meant to cushion the banks from loans’

    The lending system that let the FB’s hang themselves will then kick em out and take their junk to the dump.

    ‘The market can certainly get spooked when, and this is true, almost 25 percent of sellers currently listed have put their homes on the market just to see how much profit they can make (according to a survey from realtor.com). Almost 30 percent said they were going to ask for more than their home was worth. Think about that for a moment’

    Indeed.

      1. Just had a friend call to say she bought a house. She’s planning on renting it for a year then leaving NYC, then moving in herself. I congratulated her and left it at that.

  5. Oh dear – is the growing popular contempt for Biden spreading to other corrupt, incompetent Democrat-Bolshevik politicos?

    De Blasio ruthlessly jeered at NYC Columbus Day Parade

    https://nypost.com/2021/10/11/nyc-mayor-bill-de-blasio-jeered-at-columbus-day-parade/

    Mayor Bill de Blasio just discovered a whole new world of people who can’t stand him.

    Hizzoner was ruthlessly jeered at Monday’s Columbus Day Parade, where several members of the crowd shouted obscenities and insults at him as he made his return to the yearly Italian American celebration.

    “F–k you, you piece of s–t,” a man yelled at the mayor, igniting applause from other attendees.

    1. “F–k you, de Blasio. You piece of garbage,” screamed another as the mayor strolled down Fifth Avenue in Manhattan. “Get out of here, you piece of s–t. You’re garbage.”

      ‘East Villager Suzan Miller waved an Italian flag as she explained to The Post why she felt the mayor received such a cold reception.
      “I love my New York people. I love my blue. I’m tired of the crime. I’m tired of him dividing people,” she fumed. “He can go to God—n hell.”

    2. Messing with Columbus is just a real bad idea all around. It’s like saying pizza is spanish. No joke. I’m guessing italian population is somewhere around low double digits… maybe 15% or so.

      Keep poking comrades…. keep poking.

          1. Marxists

            You’ll have no history, no heroes, no church, no family, no code, except for the ones we give you.

    4. Going to NYC on Thursday. Friend wavering on lending me her card. She volunteered; I’m fine without it. I have no great fear of the hostess police anyway. I should be happier going there, but my daughter wants to do museums, etc. I don’t care about any of that. If I can’t get in a place, I’ll just do something else and my cousin and she can go in. Watched Gutfeld video and they’re likening NYC streets to being in the “Squid Game”. I’m surprised at myself, I feel a little sick about it. Probably bounce back when I get there, go all 70’s.

  6. “local realtors say the housing market is still hot”

    Meanwhile, Don Corleone says crime is way down, Bernard Madoff says the market is perfectly healthy, Debbie Wasserman-Schulz says there’s no voter fraud, the MSM says it’s not a lion…

  7. ‘The market is still very strong, just heading towards normalcy. And in real estate, normal is healthy.’”

    Whistling past the graveyard, are we, Paige? In this case “normalcy” would mean cratering down to 3X median income, per historic home valuation metrics and sound lending guidelines. But I agree, that normal would indeed be healthy, though not for the net worth of the FBs who bought into the insane housing bubbles blown since 2011.

    1. That was priceless. It’s about time people started calling out these commie traitors and domestic enemies of the Constitution for what they are.

    6. Vin Scully rails against socialism during Dodgers broadcast

      Charles Curtis
      June 18, 2016

      “Socialism failing to work, as it always does, this time in Venezuela. You talk about giving everybody something free and all of a sudden, there’s no food to eat. And who do you think is the richest person in Venezuela? The daughter of Hugo Chavez. Hello! Anyway, 0-and-2.”

      ‘Watters’ World’ investigates Nancy Pelosi’s financial dealings

      1,487,142 views
      Oct 10, 2021

      “The Pelosis always know what the right investment is”

      “Since regaining the gavel in 2018 the Pelosi’s wealth has skyrocketed. That year a financial disclosure report revealed a net wealth of over one-hundred and fourteen million. Then, in 2019 Pelosi’s assets totaled up to a whopping two-hundred and seventy-one million. In 2020 those numbers went up even more, as high as three-hundred and fifteen million bucks.”

      https://youtu.be/3M4QZJxb9Dw

    9. Glorious and always good to see but happened a while ago and not often enough since. Hecklers were Cubans; Florida?
      Hasn’t slowed her down.
      YT: Nancy PELOSI Heckled, Cursed, Called a Communist. 10/21/18 ・https://youtu.be/2qajrK0UPoM

  9. Aaaaaand another cockroach makes its appearance.

    Chinese Developer Sinic Warns of Default as Hidden Risks Mount

    https://www.bloomberg.com/news/articles/2021-10-12/another-china-developer-warns-of-default-as-hidden-risks-mount?sref=ibr3A0ff

    Sinic Holdings Group Co. has become the latest Chinese real estate firm to warn of imminent default, as rising contagion risk leaves investors guessing on who else may face a credit crunch.

    The Shanghai-based developer said in a Hong Kong stock exchange filing it doesn’t expect to repay a $250 million dollar bond due Oct. 18 and that may trigger cross-default on its two other notes. The firm has $694 million in dollar bonds outstanding, according to Bloomberg-compiled data. The firm missed domestic payments in September, sparking an 87% stock plunge.

    1. **”This Halloween may prove to be downright scary for greedy sellers”

      here comes the finger pointing & insults. next up is “those fence-sitting buyers”

      don’t EVER try to get in the way of a Karen’s Kommission check

      ever

      1. Talk about finger pointing, white Christian Karen is getting all the blame. I really think it’s Trevon’s fault.

    2. “….Aaaaaand another cockroach makes its appearance….”

      Cut from article:

      Borrowing costs for Chinese dollar junk-rated debt, which is dominated by property firms, have soared to their highest in about a decade with yields at 17.5%, according to a Bloomberg index

      Don’t worry about a thing boys. These bonds are backed by the full faith and credit of the Chinese government. Nothing to see here, move along and enjoy your day.

  12. $219,900 3 bd 2 bath
    1,477 sqft
    Price cut: $30.1K (10/11)
    2840 Marlene Ave, Kingman, AZ 86401

    https://www.zillow.com/homedetails/2840-Marlene-Ave-Kingman-AZ-86401/8379277_zpid/

    10/11/2021 Price change $219,900 (-12%) $149/sqft

    10/10/2021 Listed for sale $250,000 (+226.8%) $169/sqft

    3/1/2016 Sold $76,500 (-0.5%) $52/sqft

    1/7/2016 Pending sale $76,900 $52/sqft

    1/3/2016 Price change $76,900 (-4.9%) $52/sqft

    12/5/2015 Listed for sale $80,900 (+1.1%) $55/sqft

    10/26/2015 Listing removed $80,000 $54/sqft

    6/18/2015 Pending sale $80,000 $54/sqft

    6/18/2015 Listed for sale $80,000 $54/sqft

    11/1/2014 Listing removed $80,000 $54/sqft

    10/29/2014 Listed for sale $80,000 (+9.6%) $54/sqft

    7/15/2003 Sold $73,000 (+28.3%) $49/sqft

    5/2/2003 Sold $56,900 (-13.8%) $39/sqft

    10/11/2002 Sold $66,000 (-8.3%) $45/sqft

    1/19/1999 Sold $72,000 $49/sqft

    No bubble?

    2. Usually when you see a jump from $76K to $250, it means a new house was built on the land. Zillow says this house was built in 1980. Who’s going to fall for this?

      At least it’s not “water haul.”

  14. I always thought Nancy Pelosi was a nut, a power hungry ideological tyrant , and a thief that should be shot . Biden has the same character flaws, as well as Dr Fauci. Its evil that crystallized with age because they are all tyrants who are dangerous because there is no moral compass.

    1. **” I always thought Nancy Pelosi was a nut, a power hungry ideological tyrant , and a thief that should be shot . . “

      nice summary & spot-on.

  15. “Despite the inflation, several local realtors shared that they are not expecting Spokane’s market to crash. ‘Spokane is its own little bubble,’ Bornhoft said.”

    Spokane is an armpit. It’s like the Kingman, AZ of the north. And good jobs? Hah! It is astounding that places like Spokane have bubbled.

    Spokane Rating: F

    https://www.areavibes.com/spokane-wa/crime/

      1. Yep, E. Sprague Ave has been drugs, prostitutes and tattoo parlors for as long as I can remember. Used to be heavy industry until it was off-shored.

  17. IMF cuts its global growth forecast, citing supply disruptions and the pandemic
    Published Tue, Oct 12 2021 9:01 AM EDT
    Silvia Amaro
    KEY POINTS
    — “This modest headline revision masks large downgrades for some countries,” Gita Gopinath, chief economist at the IMF, said.
    — The revised outlook for this year comes amid supply chain issues in advanced economies and a worsening health situation in emerging countries.
    — The Fund said it expects global gross domestic product to grow by 5.9% this year — 0.1 percentage point lower than its July estimate.
    …

      1. “…Look at all these backed up cargo ships…”

        Pretty much the same situation here in SoCal. (Port of Long Beach).

        As a bonus, there is ample evidence that one of such cargo ships dragged an anchor and broke open an oil pipeline, fouling coastline all the way to San Diego.

        Noted this morning at my local supermarket that shelves are starting to thin out.

        Don’t worry about a thing boys. Local governments are springing into action. Nothing to see here, move along and enjoy your day.

  18. Are you more worried that the Fed won’t take the necessary measures to contain inflation, or that it will take them?

    2. Yahoo
      Bloomberg
      Roubini Says Fed May ‘Wimp Out’ on Hikes Despite Inflation
      Manus Cranny and Netty Ismail
      Tue, October 12, 2021, 12:39 AM·2 min read
      Roubini Says Fed May ‘Wimp Out’ on Hikes Despite Inflation

      (Bloomberg) — Nouriel Roubini — renowned for foreseeing the mortgage collapse that helped produce the 2008 financial crisis — said the Federal Reserve may find it tough to tighten policy if growth slows and markets sell off like they did in the fourth quarter of 2018.

      “They are going to wimp out,” the chairman and chief executive officer of Roubini Macro Associates, said in an interview in Dubai with Bloomberg Television on Tuesday. “They are going to postpone any finishing of tapering or raising rates.”
      …

  19. “Mr. He was so optimistic about property in China that he bought an apartment from that property developer, China Evergrande Group, then became a real estate agent himself, selling the company’s apartments to hundreds of other families.”

    How do you say “ponzi” in Mandarin?

  21. I saw this story on Tucker Carlson’s show tonight. What is not in the story below is the Liberal DA showing up at this father’s court date and asking for jail time for his actions. The

    Domestic Terrorist? Parent Arrested At School Board Meeting Was Upset Tranny Raped His Daughter In Campus Bathroom

    by Kelen McBreen
    October 12th 2021, 2:03 pm

    Mainstream media hiding the shocking truth behind father’s arrest

    Have an important tip? Let us know.
    EMAIL US HERE.
    A startling report by The Daily Wire has revealed the truth behind viral footage showing a Loudon County, Virginia parent being arrested at a school board meeting.

    See Harrison Smith’s breakdown of this story during Tuesday’s exclusive transmission of The American Journal.

    After Scott Smith was arrested at a Loudon County School Board meeting in June, the encounter made national headlines.

    Attorney General Merrick Garland even cited the allegedly violent parents being arrested at school board meetings in a DOJ letter calling for upset American parents to be treated as “domestic terrorists.”

    However, if the world knew the truth about why Mr. Smith was so upset, most people would likely be sympathetic to his anger.

    The Daily Wire piece on Smith’s encounter with the Loudon County School Board explains that the father’s 9th-grade daughter was molested in a school bathroom by a male-to-female transgender student wearing a skirt back in May.

    Elizabeth Lancaster, Smith’s lawyer, told The Daily Wire the transgender boy “was charged with two counts of forcible sodomy, one count of anal sodomy, and one count of forcible fellatio.”

    According to the Loudon County Sheriff’s Office and Lancaster, another girl was allegedly sexually abused by the same transgender student just last week.

    When Smith originally learned of his daughter’s sexual assault, he went to the campus, raged at dismissive school officials and had the police called on him.

    What set Smith off at the school board meeting where he was arrested was when the school claimed it had no record of any rape occurring in relation to transgender bathroom policies at the school.

    Meanwhile, the same liberal prosecutor who threw the book at Smith over the school board meeting arrest allowed the transgender student to attend another school in the district where they committed another sexually abusive act.

    Moments before his arrest, another parent allegedly accused Smith’s daughter of lying about the bathroom rape.

    https://www.infowars.com/posts/domestic-terrorist-parent-arrested-at-school-board-meeting-was-upset-tranny-raped-his-daughter-in-campus-bathroom/

    1. This is what happens to a father who attends a school board meeting and voices his opposition to a policy that allowed a boy in a skirt “transgender student” to forcibly sodomize his 9th grade daughter in the Loudon County, Virginia school’s girls bathroom.

      Man tackled during Loudoun County board of education meeting | FOX 5 DC

      64,065 views
      Jun 22, 2021

      https://youtu.be/aQTBBmB7rnQ

  22. The Wall Street Journal
    Markets
    China Home Sales Are Falling Sharply
    Decline in September, typically a strong month, raises concerns about economic growth
    Why China’s Evergrande Has Global Markets on Edge
    Updated Oct. 12, 2021 12:09 pm ET

    Home sales in China are seizing up as curbs on lending and worries about developers’ financial health deter house buyers, casting a pall over an industry that is central to the Chinese economy.

    In recent days, numerous big developers have reported lower sales figures for September, with many showing year-over-year declines of more than 20% or 30%. That is a stark drop-off for a month that leads up to China’s Oct. 1 National Day holiday, whose promotions usually make this one of the strongest selling periods of the year.
    …

  24. Who’d of thunk liberal policies and mandates would have consequences?!

    Dear PUSD families,

    A large part of our students’ success is PUSD’s partnership with families. With that in mind, we wanted to ask for your help with a severe staffing shortage.

    PUSD has many job openings that remain unfilled, due to a labor shortage, which is directly affecting our students’, staff’s, and families’ experience. For the first time ever, we have students on waitlists for buses because we do not have enough drivers. We have families on waitlists for before and after school care because we do not have enough program aides. We have lunch lines so long that some students are not able to eat lunch before having to go back to class. Principals, assistant principals, and counselors are filling in for classrooms without substitute teachers.

    Many of these Classified (non-teaching) positions have flexible or part-time hours for work-life balance, whether you are a student, retiree, stay-at-home parent, looking for extra income, or a way to give back to your school community. You do not need to have previous experience in a school setting! Some of our highest need positions include:

    Bus driver trainees
    Instructional aides – special education
    Noon duty assistant and crossing guard
    ESS and ASES before and after school program aides
    Office assistant
    Food and nutrition assistant

    If you or someone you know would like to apply, please visit our job listings: https://governmentjobs.com/careers/powayusd

    We are also in need of substitute teachers. PUSD’s Board of Education recently approved an increase in the substitute pay rate: you can earn $180 per day or $200 per day for long-term assignments. You do not need a teaching credential to be a substitute teacher! A bachelor’s degree is required. For more information on becoming a substitute teacher, please visit our website.

    We need your help. Join Team PUSD today, and make a difference in a child’s life!

    The Poway Unified School District

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