A weekend topic starting with National Real Estate Inventor. "The average cap rate in the…
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From the first 7:23 video:
New Construction SLASHES Prices and SLOWS Building
Shawn Shackelton
Aug 28, 2022 New construction has been hit pretty hard in this shifting market. They have been offering incentives and slashing prices, now they are even slowing their production down so that they don’t have a repeat of 2008 with oversupply.
During times like this builders have to pull out all the stops to attract buyers to them, these home usually cost more and take a while to build so for buyers to agree to wait for this the deal has to be pretty sweet.
The second 10 minute video:
What They Don’t Tell You About Your Mortgage BEFORE CLOSING | Las Vegas New Home Update
Aug 28, 2022 We are 2 weeks away from getting the keys to our new home and then this happens. Today, we’re gonna talk about what they don’t tell you about your mortgage before closing.
WE’RE MOVING! The Series
Chapters:
0:00 – Intro
0:48 – Getting out of the apartment
1:27 – Picking up a camera – Best Buy
2:16 – Backpack shopping attempt – REI
3:03 – Lunch – SushiMe
3:37 – More packing
4:43 – Dropping off furniture – Mom’s house
5:37 – What they don’t tell you about your mortgage before closing
9:20 – Outro
The last 8:33 video:
Waterloo Region Detached homes Down $371,000. August Real Estate Update.
Honest real estate talk
Aug 29, 2022 Waterloo, Kitchener and Cambridge areas are covered in this August real estate market upate. See how much house prices have dropped by just this year. I also compare it to last year and see what has changed in 1 year.
Unbiased market update.
Need an honest agent on your side?
Vic Singh
BTW on the second LV video, you can skip to the part:
5:37 – What they don’t tell you about your mortgage before closing
Regarding PMI and addition of reserve funds.
A 3 minute video:
Experts say fewer home buyers and more inventory recently have led much of the country to a housing market recession, especially in the Twin Cities.
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per month.
Agricultural Bank of China Ltd., the nation’s third-largest bank by assets, said it’s facing 1.23 billion yuan ($178 million) in overdue loans, nearly double a previous estimate, from a mortgage boycott on unfinished projects that has swept the country.
From the first 7:23 video:
New Construction SLASHES Prices and SLOWS Building
Shawn Shackelton
Aug 28, 2022 New construction has been hit pretty hard in this shifting market. They have been offering incentives and slashing prices, now they are even slowing their production down so that they don’t have a repeat of 2008 with oversupply.
During times like this builders have to pull out all the stops to attract buyers to them, these home usually cost more and take a while to build so for buyers to agree to wait for this the deal has to be pretty sweet.
The second 10 minute video:
What They Don’t Tell You About Your Mortgage BEFORE CLOSING | Las Vegas New Home Update
Aug 28, 2022 We are 2 weeks away from getting the keys to our new home and then this happens. Today, we’re gonna talk about what they don’t tell you about your mortgage before closing.
WE’RE MOVING! The Series
Chapters:
0:00 – Intro
0:48 – Getting out of the apartment
1:27 – Picking up a camera – Best Buy
2:16 – Backpack shopping attempt – REI
3:03 – Lunch – SushiMe
3:37 – More packing
4:43 – Dropping off furniture – Mom’s house
5:37 – What they don’t tell you about your mortgage before closing
9:20 – Outro
The last 8:33 video:
Waterloo Region Detached homes Down $371,000. August Real Estate Update.
Honest real estate talk
Aug 29, 2022 Waterloo, Kitchener and Cambridge areas are covered in this August real estate market upate. See how much house prices have dropped by just this year. I also compare it to last year and see what has changed in 1 year.
Unbiased market update.
Need an honest agent on your side?
Vic Singh
BTW on the second LV video, you can skip to the part:
5:37 – What they don’t tell you about your mortgage before closing
Regarding PMI and addition of reserve funds.
A 3 minute video:
Experts say fewer home buyers and more inventory recently have led much of the country to a housing market recession, especially in the Twin Cities.
https://www.kare11.com/video/news/local/breaking-the-news/home-buyers-see-more-inventory-following-fed-hike/89-5e3e19b0-2405-42d5-aa50-10ea76cd4891
A 3:21 video:
Boise housing market begins to cool off and stabilize
https://www.ktvb.com/video/news/local/growing-idaho/boise-housing-market-begins-to-cool-off-and-stabilize/277-ea31a1ff-1a43-4655-a57e-9c42af43a52a
Pittsburgh’s land bank hasn’t rehabbed a single blighted house in its 9 years
https://www.msn.com/en-us/sports/mlb/pittsburghs-land-bank-hasnt-rehabbed-a-single-blighted-house-in-its-9-years/ar-AA11fvs5
According to the Philadelphia Federal Reserve Bank, delinquencies and forbearance markets may have begun to flatten out as forbearances have posted about a half-million in mortgages, delinquencies posted numbers of around 2 million, and foreclosure starts hovering around 30,000 per month.
https://dsnews.com/daily-dose/08-29-2022/are-delinquencies-forbearances
Agricultural Bank of China Ltd., the nation’s third-largest bank by assets, said it’s facing 1.23 billion yuan ($178 million) in overdue loans, nearly double a previous estimate, from a mortgage boycott on unfinished projects that has swept the country.
https://finance.yahoo.com/news/china-agbank-says-overdue-loans-102258501.html
‘I have some difficult news to share’: Man wears pink wig, drinks wine while getting laid off via Google Hangouts
https://www.msn.com/en-us/lifestyle/lifestyle-buzz/i-have-some-difficult-news-to-share-man-wears-pink-wig-drinks-wine-while-getting-laid-off-via-google-hangouts/ar-AA11fx5s
San Francisco, CA Housing Prices Crater 31% YOY As US Housing Market Mudslides Into Abyss
https://www.movoto.com/ca/94109/market-trends/
As one Bay area broker explained, “Our regional forecast projects a 55%-75% price decline from these levels. We’re well on our way.”