A report from The M Report. "The share of mortgage loans that became delinquent in…
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Videos from top to bottom:
Eric’s Neighborhood Watch – July 6, 2022 – 92064
Jul 6, 2022 Poway inventory log jam! Will summer buying season be enough to clear it?🤔
We’re in a Correction or Crash, Pre-Pandemic Inventory is Back, 2022 Canadian Real Estate Market
views Jul 5, 2022 We have clearly entered a housing correction in Canada and are heading towards Crash status in Ontario.
Home Prices Plummeting Back to Earth In Brampton, Mississauga & Durham – June 29
Downtown Toronto Condo Prices DOWN All Over!
Jul 5, 2022 When we look at peak market conditions that occurred in Toronto Real Estate Market and Toronto Condo Market, we see some very high prices for Downtown Toronto Condos. In this video i compare downtown condo prices, by specific neighborhood and community, from peak market (March 2022) to most recent month – June 2022.
Home Prices Are Falling! 2022 Q3 Housing Market Update Correction North Carolina Real Estate
Jul 5, 2022 Home Prices Are Finally Falling, Is It time to buy a house? 2022 Q3 Housing Market Update Charlotte, NC. I’m excited to finally see home prices in Charlotte NC being reduced all over. It is going to allow more people to jump into the housing market. This is only the beginning of the real estate correction we knew was coming. This raises many questions about what to expect coming forward and what to do.
How hard the housing correction is hitting your local housing market, as told by one interactive map
LONDON (Reuters) -House prices in Britain rose by the most since 2004 in the 12 months to June, leaping by 13% as better-off households defied the broader cost-of-living squeeze facing the rest of the country, mortgage lender Halifax said on Thursday.
The pace of house price growth accelerated from 10.7% in May, Halifax said.
In monthly terms, prices rose by 1.8%, the biggest increase by that measure since 2007, after a 1.2% increase in May from April, the figures showed.
“Mortgage rates decreased for the second week in a row, as growing concerns over an economic slowdown and increased recessionary risks kept Treasury yields lower,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.’
‘Those concerns showed up in applications to refinance a home loan, which dropped 8% for the week and were down 78% from the same week one year ago. The refinance share of mortgage activity decreased to 29.6% of total applications from 30.3% the previous week.’
‘Home purchase applications also fell for the week and the year — down 4% and 17%, respectively. According to the Mortgage Bankers Association, the average home purchase loan size is $405,200, which is down from $413,500 for the week ended June 24.’
With little outcry, Chicago’s bloody weekend eclipsed Highland Park toll
‘To her, the Highland Park television coverage served as little more than a reminder that the suburb one hour away exists in a different universe.’
“It was on for hours and hours,” Shermiya said. “And it’s like, people are getting shot every day around here, around the corner, up the street. But they still don’t cover it because it’s not enough White people down here.”
Vote blue, go zoo. No f**ks given for the D-vermin who reap what they vote.
‘While commodity-grade aluminum ingots have been tumbling since March on the London Metal Exchange, until recently the premiums paid for specialized products like billets remained sky-high. Now those premiums for aluminum billets — a cornerstone industrial product used to make extruded parts in buildings, cars and machinery — are slumping from record highs in Europe.’
‘That’s one of the first signs that investor fears about a broad-based industrial slowdown are starting to line up with conditions on the ground in physical metal markets. It’s a sharp turnaround for the billets market, which became a microcosm for Europe’s pandemic supply chain travails.’
“We’re seeing a slowdown in our order intake in the construction sector, and those customers are typically the fastest to react,” said Rob Van Gils, CEO of Hammerer Aluminum Industries, which uses billets to make specialized extruded products. “Other areas like autos and electronics are still healthy, but it’s certainly not as hot as it was last year.”
‘Now, the logistics snarl-ups are starting to ease and consumers are sitting on considerable inventories. “One of the reasons billet premiums went so high, apart from there being good demand, was logistics,” says Massimo Grifone, a commercial director at Genoa-based trader and distributor Cauvin Metals, part of 132 year-old Italian commodities group Vittorio Cauvin.’
“There are not big inquiries currently because everyone has already bought; now you have billets on the ground and the majority of buyers have stocks more or less up to September,” Grifone said.’
‘With the economy slowing, the post-pandemic surge is over for Wisconsin restaurant owner Patrick DePula and his four pizza and pasta places.’
‘Last year he sold some 50 orders of his popular Father’s Day special — a fat tomahawk rib-eye steak with all the trimmings. This year: only seven. And sales overall at three of his restaurants are down about 10% from a year ago.’
“I’m pretty sure there’s a recession coming,” said DePula, 49, who has already begun preparing for tough economic times. Expansion plans are on ice. He reduced operating hours at his downtown Madison outlet. Value meals are featured on the menu.’
‘Arnold Kamler, chief executive of the bicycle importer and producer Kent International, says business has slowed markedly after gangbuster sales in 2020 and 2021, when demand surged and there was shortage of bikes.’
“A year ago, we could go bowling inside our warehouse,” he said, because bikes were going out as soon as they arrived. Now, he has so much inventory on hand that “the bowling ball would only go about two feet.”
Panama was a very potent weed back in the day; in
addition his white horse mescalino refers to
the natural hallucigin mescaline that was used
by hippies during the same period- NRPS was a
great party band- another one of their classics
was Lonesome L.A. Cowboy- flv
Andy from Custer, Sd
Nobody feels like workin, Panama Red is back in town. Brilliant.
As one national land broker explained, “There is a globe full of land where 95% of it goes undeveloped. If you paid more than $500 an acre, you got ripped off.”
Videos from top to bottom:
Eric’s Neighborhood Watch – July 6, 2022 – 92064
Jul 6, 2022 Poway inventory log jam! Will summer buying season be enough to clear it?🤔
We’re in a Correction or Crash, Pre-Pandemic Inventory is Back, 2022 Canadian Real Estate Market
views Jul 5, 2022 We have clearly entered a housing correction in Canada and are heading towards Crash status in Ontario.
Home Prices Plummeting Back to Earth In Brampton, Mississauga & Durham – June 29
Downtown Toronto Condo Prices DOWN All Over!
Jul 5, 2022 When we look at peak market conditions that occurred in Toronto Real Estate Market and Toronto Condo Market, we see some very high prices for Downtown Toronto Condos. In this video i compare downtown condo prices, by specific neighborhood and community, from peak market (March 2022) to most recent month – June 2022.
Home Prices Are Falling! 2022 Q3 Housing Market Update Correction North Carolina Real Estate
Jul 5, 2022 Home Prices Are Finally Falling, Is It time to buy a house? 2022 Q3 Housing Market Update Charlotte, NC. I’m excited to finally see home prices in Charlotte NC being reduced all over. It is going to allow more people to jump into the housing market. This is only the beginning of the real estate correction we knew was coming. This raises many questions about what to expect coming forward and what to do.
How hard the housing correction is hitting your local housing market, as told by one interactive map
https://finance.yahoo.com/news/hard-housing-correction-hitting-local-103359893.html
There is zero red on that map!
I think this map is better: https://youtu.be/djE94ciqjnU?t=391
“We’re entering a bifurcated housing market.”
Homes Hitting the U.K. Market at Their Briskest Pace Since January
An increase in inventory comes on the heels of slowing price growth, according to Rightmove
https://www.mansionglobal.com/articles/homes-hitting-the-u-k-market-at-their-briskest-pace-since-january-01657133556
they are taking their pounds and running??
LONDON (Reuters) -House prices in Britain rose by the most since 2004 in the 12 months to June, leaping by 13% as better-off households defied the broader cost-of-living squeeze facing the rest of the country, mortgage lender Halifax said on Thursday.
The pace of house price growth accelerated from 10.7% in May, Halifax said.
In monthly terms, prices rose by 1.8%, the biggest increase by that measure since 2007, after a 1.2% increase in May from April, the figures showed.
“Mortgage rates decreased for the second week in a row, as growing concerns over an economic slowdown and increased recessionary risks kept Treasury yields lower,” said Joel Kan, MBA’s associate vice president of economic and industry forecasting.’
‘Those concerns showed up in applications to refinance a home loan, which dropped 8% for the week and were down 78% from the same week one year ago. The refinance share of mortgage activity decreased to 29.6% of total applications from 30.3% the previous week.’
‘Home purchase applications also fell for the week and the year — down 4% and 17%, respectively. According to the Mortgage Bankers Association, the average home purchase loan size is $405,200, which is down from $413,500 for the week ended June 24.’
https://www.nbcnews.com/business/business-news/mortgage-demand-sinks-even-rates-drop-second-week-row-rcna36845
With little outcry, Chicago’s bloody weekend eclipsed Highland Park toll
‘To her, the Highland Park television coverage served as little more than a reminder that the suburb one hour away exists in a different universe.’
“It was on for hours and hours,” Shermiya said. “And it’s like, people are getting shot every day around here, around the corner, up the street. But they still don’t cover it because it’s not enough White people down here.”
https://www.stripes.com/theaters/us/2022-07-06/chicago-gun-violence-highland-park-6574090.html
Vote blue, go zoo. No f**ks given for the D-vermin who reap what they vote.
‘While commodity-grade aluminum ingots have been tumbling since March on the London Metal Exchange, until recently the premiums paid for specialized products like billets remained sky-high. Now those premiums for aluminum billets — a cornerstone industrial product used to make extruded parts in buildings, cars and machinery — are slumping from record highs in Europe.’
‘That’s one of the first signs that investor fears about a broad-based industrial slowdown are starting to line up with conditions on the ground in physical metal markets. It’s a sharp turnaround for the billets market, which became a microcosm for Europe’s pandemic supply chain travails.’
“We’re seeing a slowdown in our order intake in the construction sector, and those customers are typically the fastest to react,” said Rob Van Gils, CEO of Hammerer Aluminum Industries, which uses billets to make specialized extruded products. “Other areas like autos and electronics are still healthy, but it’s certainly not as hot as it was last year.”
‘Now, the logistics snarl-ups are starting to ease and consumers are sitting on considerable inventories. “One of the reasons billet premiums went so high, apart from there being good demand, was logistics,” says Massimo Grifone, a commercial director at Genoa-based trader and distributor Cauvin Metals, part of 132 year-old Italian commodities group Vittorio Cauvin.’
“There are not big inquiries currently because everyone has already bought; now you have billets on the ground and the majority of buyers have stocks more or less up to September,” Grifone said.’
https://www.miningweekly.com/article/white-hot-metal-market-cools-in-warning-for-global-economy-2022-07-07
More Russian disinformation.
Daily Mail Online
@MailOnline
·
Hunter Biden filmed himself smoking drugs during detox program funded by his dad
https://twitter.com/MailOnline/status/1544949099300065280?s=20&t=rNqab_xMgATSuA_FMnnLyg
‘With the economy slowing, the post-pandemic surge is over for Wisconsin restaurant owner Patrick DePula and his four pizza and pasta places.’
‘Last year he sold some 50 orders of his popular Father’s Day special — a fat tomahawk rib-eye steak with all the trimmings. This year: only seven. And sales overall at three of his restaurants are down about 10% from a year ago.’
“I’m pretty sure there’s a recession coming,” said DePula, 49, who has already begun preparing for tough economic times. Expansion plans are on ice. He reduced operating hours at his downtown Madison outlet. Value meals are featured on the menu.’
‘Arnold Kamler, chief executive of the bicycle importer and producer Kent International, says business has slowed markedly after gangbuster sales in 2020 and 2021, when demand surged and there was shortage of bikes.’
“A year ago, we could go bowling inside our warehouse,” he said, because bikes were going out as soon as they arrived. Now, he has so much inventory on hand that “the bowling ball would only go about two feet.”
https://www.latimes.com/politics/story/2022-07-06/companies-struggled-to-rehire-workers-post-pandemic
The lesser-known Kentucky Guidestones contain a single inscription: realtors are liars.
Explosion Partially Destroys Georgia Guidestones
https://summit.news/2022/07/06/explosion-partially-destroys-georgia-guidestones/
The controversial Georgia Guidestones, a monument located in Georgia, has been partially destroyed after reports of an explosion.
I see what you did there, globalist media.
https://boriquagato.substack.com/p/kitten-corner-the-heart-of-the-matter-2ef
Francis L. Vena from New York City,, Ny
Panama was a very potent weed back in the day; in
addition his white horse mescalino refers to
the natural hallucigin mescaline that was used
by hippies during the same period- NRPS was a
great party band- another one of their classics
was Lonesome L.A. Cowboy- flv
Andy from Custer, Sd
Nobody feels like workin, Panama Red is back in town. Brilliant.
Panama Red ~ New Riders of the Purple Sage
https://youtu.be/9Ix39AKlQac
Chester, ID Housing Prices Crater 23% YOY As Rural Lot And Land Prices Drop Like A Rock
https://www.movoto.com/chester-id/market-trends/
As one national land broker explained, “There is a globe full of land where 95% of it goes undeveloped. If you paid more than $500 an acre, you got ripped off.”