Is the Jacksonville Real Estate Market Shifting? June 6, 2022 Ben Jones Uncategorized Housing bubbleJacksonvilleShare ThisTweetSharePlus oneShareEmail Related Posts Every Day Multiple Price-Reduction Announcements Pour In A report from GlobeSt on Florida. "A Franklin Street broker who recently completed the sale… It Could Even Be That Time Has Already Run Out To Sell For A High Price A report from the Shawnee Mission Post in Kansas. "Full tilt. With no emergency brake.… Buyers Are Looking For Reasons Not To Pay So Much A report from Hawaii News Now. "The Honolulu Board of Realtors says the median price… This Post Has 9 Comments “This has not happened for 2 or 3 years.” This was a great summary for NE Florida. Thanks I go through a lot of videos to find things that are notable or previously not reported. These guys are showing you expired listings, etc, that the local UHS or newspapers aren’t going to report. Plus the focus in most of these videos is very local. Yer not going to get that with market watch or usa today. First and foremost, always presume they’re going to conceal information that conflicts will all the lies they put out there over the years. Morehead City, NC Housing Prices Crater 21% YOY As Outer Banks and Coastal Carolina Housing Inventory Soars As Panic Selling Begins https://www.movoto.com/morehead-city-nc/market-trends/ As one coastal Carolina broker explained, “Our entire market is vacation homeowners and 95% of want out right now. They see the handwriting on the wall.” “Deleverage yourself right now.” We are definitely not in a bubble … https://twitter.com/WallStreetSilv/status/1533652400241786880 Zestimate is a little off. Orlando, FL Housing Prices Crater 11% YOY As The Toxic Rot Of Subprime Mortgage Defaults Looms Over Florida Housing Market https://www.movoto.com/fl/32820/market-trends/ As one national broker conceded, “We’ve been scraping the bottom of the buyer barrel for 15 years or more. Why do you think mortgage defaults are 600% higher than long term trend?” Sacramento, CA Housing Prices Crater 28% YOY As Mortgage Defaults Blanket Sacramento County https://www.movoto.com/laguna-hills-ca/market-trends/ As one Sacramento County broker explained, “I had a sale in January of last year for $520k. That same house sold last week for $340k. That’s a helluva beating right there.” https://www.movoto.com/ca/95864/market-trends/ Comments are closed.