A report from the Mercury News in California. "Bay Area home sales ground down in…
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The first 20 minute video on Ontario is interesting:
WORST CANADA REAL ESTATE CRASH… IS BUBBLE ABOUT TO BURST?! | TORONTO, VANCOUVER, CALGARY
Jul 8, 2022 The Real Estate Bubble is about to burst in Canada! Worst crisis since 1980s could be coming in 2022 / 2023… Toronto and Vancouver Real Estate is already down… Is Calgary next? Will Canada be in a recession? Important moment in Canadian Real Estate Market is happening right now…
The sunglasses girl is back with the second 10 minute video:
Collapse or Correction? Why it’s taking longer for your house to sell. | Park City Real Estate
Jul 10, 2022 What the in the world is going on with the Housing Market in Park City Utah? With many homes taking massive price reductions, it’s important to understand the 3 factors that are causing the shift in the Market. How do you prepare for this as a seller?
The 3rd 8 minute video from Florida:
Home Flippers Are Flopping!
Jul 10, 2022 Some home flippers appear to be losing money on their flips. In this video, we take a look at a home that appears to be purchased and quickly flipped.
That last video (Steve Daria) is pretty interesting. (I actually found his channel outside of HBB and subscribe, he’s an interesting guy).
They bought a property, did nothing to it, and put it back on the market 4 days after purchase for 500k more than they paid. And here it sits 180 days later at basically breakeven with no interest.
They probably could have sold it for a 50 or 100k quick profit, but no they wanted it all and now, well they are going to get taken to the cleaners. Oppps.
After $20 Trillion Losses, Investors Brace For More Colossal Wealth Wipe
A wholesale retreat from the 2050 net-zero emissions goal appears underway. Blame Vladimir Putin
‘The net-zero goals now seem like a fantasy. Severe energy shortages are developing as Russia cuts back natural gas deliveries to Europe and the European and North American bans on Russian oil imports are put into place. With renewable energy wholly incapable of filling the gap, finding – and burning – more fossil fuels, not less, is the frenzied pursuit even as prices climb.’
2050 net-zero emissions goal appears underway.
Maybe sanity is returning to the world.
Apparently potentially freezing in the winter, being forced to sweat like a pig in the summer, and being unable to afford to drive anywhere due to high power costs/lack of power tends to bring one back to reality.
good to see there is hope.
Schweet coal.
Too many politicians think they can legislate technology and science. They neglect to see that the promised cost improvements for solar and wind have simply not materialized.
If it cost $5000 to put solar panels on the roof, many would do it. But it costs $20K-$30K. And now with inflation eating up discretionary spending, few will spring for solar.
SHERMAN TX
Shifting Market – Shift Your Marketing!
Jul 10, 2022 We are seeing a shift in the market. Inventory levels are up, interest rates are up, and buyer demand isn’t as high as it has been in the past.
The first 20 minute video on Ontario is interesting:
WORST CANADA REAL ESTATE CRASH… IS BUBBLE ABOUT TO BURST?! | TORONTO, VANCOUVER, CALGARY
Jul 8, 2022 The Real Estate Bubble is about to burst in Canada! Worst crisis since 1980s could be coming in 2022 / 2023… Toronto and Vancouver Real Estate is already down… Is Calgary next? Will Canada be in a recession? Important moment in Canadian Real Estate Market is happening right now…
The sunglasses girl is back with the second 10 minute video:
Collapse or Correction? Why it’s taking longer for your house to sell. | Park City Real Estate
Jul 10, 2022 What the in the world is going on with the Housing Market in Park City Utah? With many homes taking massive price reductions, it’s important to understand the 3 factors that are causing the shift in the Market. How do you prepare for this as a seller?
The 3rd 8 minute video from Florida:
Home Flippers Are Flopping!
Jul 10, 2022 Some home flippers appear to be losing money on their flips. In this video, we take a look at a home that appears to be purchased and quickly flipped.
That last video (Steve Daria) is pretty interesting. (I actually found his channel outside of HBB and subscribe, he’s an interesting guy).
They bought a property, did nothing to it, and put it back on the market 4 days after purchase for 500k more than they paid. And here it sits 180 days later at basically breakeven with no interest.
They probably could have sold it for a 50 or 100k quick profit, but no they wanted it all and now, well they are going to get taken to the cleaners. Oppps.
After $20 Trillion Losses, Investors Brace For More Colossal Wealth Wipe
https://www.ndtv.com/business/after-20-trillion-losses-investors-brace-for-more-colossal-wealth-wipe-3144774
A wholesale retreat from the 2050 net-zero emissions goal appears underway. Blame Vladimir Putin
‘The net-zero goals now seem like a fantasy. Severe energy shortages are developing as Russia cuts back natural gas deliveries to Europe and the European and North American bans on Russian oil imports are put into place. With renewable energy wholly incapable of filling the gap, finding – and burning – more fossil fuels, not less, is the frenzied pursuit even as prices climb.’
https://www.theglobeandmail.com/business/commentary/article-a-wholesale-retreat-from-the-2050-net-zero-emissions-goal-appears/
2050 net-zero emissions goal appears underway.
Maybe sanity is returning to the world.
Apparently potentially freezing in the winter, being forced to sweat like a pig in the summer, and being unable to afford to drive anywhere due to high power costs/lack of power tends to bring one back to reality.
good to see there is hope.
Schweet coal.
Too many politicians think they can legislate technology and science. They neglect to see that the promised cost improvements for solar and wind have simply not materialized.
If it cost $5000 to put solar panels on the roof, many would do it. But it costs $20K-$30K. And now with inflation eating up discretionary spending, few will spring for solar.
SHERMAN TX
Shifting Market – Shift Your Marketing!
Jul 10, 2022 We are seeing a shift in the market. Inventory levels are up, interest rates are up, and buyer demand isn’t as high as it has been in the past.
https://www.youtube.com/watch?v=WNF6Q59kFrM
1:38.
Santa Clara, CA Housing Prices Crater 24% YOY As Bay Area Seethes In A Pot Of Mortgage Defaults, Soaring Inventory And Plunging Rental Rates
https://www.movoto.com/ca/95054/market-trends/
As one Bay area broker explained, “Our internal forecast is falling prices to a level not seen since the 1990’s.”
Winter Park, FL Housing Prices Crater 14% YOY As The Bottom Drops Out Of US Housing Market
https://www.movoto.com/winter-park-fl/market-trends/
As one Orlando area broker spoke on condition of anonymity, “Prices are falling everywhere and falling fast.”