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$100k Price Reductions & Lagging Indicators

This Post Has 11 Comments
  1. From the first 7:36 video:

    Are We Heading Towards Another Real Estate Crash in Breckenridge?
    Aug 18, 2022 Rising Interest Rates! Short Term Rental Limitations! Higher Inventory!
    Do all of these sign point toward home prices coming down?
    Watch this video to get the real facts about the Breckenridge and Summit County real estate market in Summer 2022.

    00:00 Introduction
    00:33 Market Stats
    03:42 What is causing the shift?
    05:06 WHAT DOES IT MEAN?

    The second 8:25 video:

    New Build Demand Drops | Builder Incentives
    Caitlin McKeague – Your Phoenix Real Estate Agent
    Aug 19, 2022 New Build Demand Drops! Builders are having to get more creative with incentives in order to create more demand. New homes are going up all over the valley but the demand seems to have dropped as it has with resale homes as well. Here are some new build incentives so you can decide if a new build is the route for you.

    The last 11:13 video:

    Seattle Housing Market | $100k Price Reductions & Lagging Indicators. What you need to know.
    Aug 19, 2022 The real estate market is improving for buyers. There are more homes to choose from, homes are staying on the market longer, and prices are dropping – but here’s the catch. All of these things I just mentioned, are all “lagging indicators.” When you hear about these changes in the real estate market, the data is a month old, sometimes two months old. That’s the equivalent of you wanting to buy or sell some stock, and when you go online to check the stock market, the stock prices you’re seeing are a month or two old. That would be very bad for you financially, and lagging indicators in the real estate market can also be very bad for you.

  2. ‘On Thursday, Zillow once again revised that forecast. Between July 2022 and July 2023, Zillow now expects U.S. home values to rise 2.4%. That’s down from the 7.8% forecast the company published just a month earlier. It also marks its fifth downward revision since March.’

    ‘There’s nothing small about a 5.4-percentage-point downward revision in a single month. For a $500,000 home, that wipes out $27,000 in anticipated home price appreciation. A revision like that only happens if the forecast inputs have soured.’

    “Zillow’s outlook for home prices has been revised down significantly due to a sharp downturn in July,” writes Zillow economists. Simply put: July housing data was bad—really bad.’

    https://finance.yahoo.com/news/zillow-30-housing-markets-saw-090931848.html

  3. ‘Billie Duncan-Hart, who is serving as president of Dayton Realtors this year, agreed that higher interest rates and prices are simply part of the real estate landscape today. “We’ve definitely not seeing the multiple offers on everything,” Duncan-Hart said.’

    ‘Ohio officials said the change is making things more normal. “July 2022′s housing stats are showing signs of a market that is beginning to normalize,” Ohio Realtors President John Mangas said in his own statement. “With rising mortgage rates now plateauing and more inventory becoming available, we should see improved opportunities for both homebuyers and home sellers.”

    https://www.yahoo.com/now/home-prices-rise-sales-drop-010900235.html

  4. ‘Aug. 19, 2022 Boston-based online furniture retailer Wayfair slashed 870 jobs (nearly 5% of the company’s 18,000 employees), according to an internal memo from CEO Niraj Shah obtained by the Boston Globe, which stated the company was rebuilding after the Covid-19 pandemic but that their “team is too large for the environment we are now in.”

    https://www.msn.com/en-us/money/news/wayfair-laying-off-870-employees-e2-80-94here-are-the-major-us-job-cuts-amid-growing-recession-fears/ar-AAZAfzF

    A whole page of job slashin’s.

  5. ‘New monthly job postings across all industries with “metaverse” in the title declined 81% between April and June, Revelio found, after surging in the months following Facebook’s rebranding last fall. The drop-off coincides with a broader pullback across the tech sector, which has prompted layoffs and hiring freezes, leaving workers from the Bay Area to Bangalore increasingly rattled.’

    https://www.latimes.com/business/story/2022-08-19/metaverse-jobs-are-disappearing

  6. Under Marxism, children are property of the state.

    Yale Professor Helps Toddlers With Their ‘Gender Journey’

    “Christy Olezeski Phd., Director and co-founder of the Yale Pediatric Gender Program, bragged about her work helping children as young as 3 years old in there ‘gender tourney’ in a recent YouTube video. After widespread backlash, the original video has been removed.”

    Christy Olezeski is a groomer.

    “Our mission is to provide comprehensive, interdisciplinary, family-centered care for children, adolescents and young adults questioning their assigned gender and/or seeking gender-affirming consultation and treatment”

    It’s called grooming. Twitter and Reddit have banned the use of the word “groomer” because they are Marxists.

    “We help individuals who are questioning their gender identity or who identify as transgender or non-binary, we help them with their gender journey. Thinking through that, thinking through the risks and the benefits of medical intervention, starting medical intervention”

    It’s not “medical intervention” it’s abuse and mutilation.

    “I love what I do so it’s really, really wonderful to be working in this field and to be working with individuals who are gender diverse and gaining their support and helping them on their gender journeys.”

    4chan will find her home address and proceed from there.

    https://www.thegatewaypundit.com/2022/08/yale-professor-helps-toddlers-gender-journey/

    Globalists gonna globe.

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