A report from Yahoo Finance. "The stock of troubled San Francisco lender First Republic wobbled…
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From the first 10 minute video:
Nashville Housing Price Crash Accelerates August Update
Ethan Flynn, CPA Sep 3, 2022 Analytical approach to the Nashville Tn Housing Market.
Nashville Housing Market Update specifically charting daily changes in Davidson/Williamson County ~50% of Nashville MSA.
My goal is to find the story in data and tell it in an engaging way where you learn something. I’m on a buying journey and just telling what I learn. I’m not selling anything. This isn’t financial advice.
The second 9 minute video:
August real estate stats for Vancouver and the Fraser valley – BIG price declines
Sep 3, 2022 See previous video on why Vancouver’s prices can only go down here: https://youtu.be/072nGNfx_Gc
The last 4 minute video:
Port St Lucie Real Estate Update | September 2022
Jonathan BJ HayesSep 4, 2022 Port St Lucie, Florida real estate market update for September, 2022 looks like the housing inventory seller push is level to where it was in August. There is a 15% increase in inventory that is the same as the month before. Make NO mistake about it the market FOMO is over. Houses are now selling in 31 days instead of 3 days and multiple offers with many of those offers over asking price waiving appraisal contingency. Inventory numbers are getting closer and closer to where they were pre pandemic. I am noticing the largest price drops in high end houses. Your regular cookie cutter home is doing its best to hold its value. I do not think even that will last much longer.
From the Vancouver and Fraser valley piece: “Good to know this stuff guys. You young guys gave me a good laugh when you said that 5.7% is “getting up there”. This old guy paid up to 16.5% mortgage rate in the mid 1980’s for his first house. And yet, the market was much healthier and much more sustainable then.“
I remember those days well, and yes, sustainability too!
*from the comments.
San Jose, CA Housing Prices Crater 21% As Rental Rates Plummet And Vacancies Soar Across Bay Area
From the first 10 minute video:
Nashville Housing Price Crash Accelerates August Update
Ethan Flynn, CPA Sep 3, 2022 Analytical approach to the Nashville Tn Housing Market.
Nashville Housing Market Update specifically charting daily changes in Davidson/Williamson County ~50% of Nashville MSA.
My goal is to find the story in data and tell it in an engaging way where you learn something. I’m on a buying journey and just telling what I learn. I’m not selling anything. This isn’t financial advice.
The second 9 minute video:
August real estate stats for Vancouver and the Fraser valley – BIG price declines
Sep 3, 2022 See previous video on why Vancouver’s prices can only go down here:
https://youtu.be/072nGNfx_Gc
The last 4 minute video:
Port St Lucie Real Estate Update | September 2022
Jonathan BJ HayesSep 4, 2022 Port St Lucie, Florida real estate market update for September, 2022 looks like the housing inventory seller push is level to where it was in August. There is a 15% increase in inventory that is the same as the month before. Make NO mistake about it the market FOMO is over. Houses are now selling in 31 days instead of 3 days and multiple offers with many of those offers over asking price waiving appraisal contingency. Inventory numbers are getting closer and closer to where they were pre pandemic. I am noticing the largest price drops in high end houses. Your regular cookie cutter home is doing its best to hold its value. I do not think even that will last much longer.
From the Vancouver and Fraser valley piece: “Good to know this stuff guys. You young guys gave me a good laugh when you said that 5.7% is “getting up there”. This old guy paid up to 16.5% mortgage rate in the mid 1980’s for his first house. And yet, the market was much healthier and much more sustainable then.“
I remember those days well, and yes, sustainability too!
*from the comments.
San Jose, CA Housing Prices Crater 21% As Rental Rates Plummet And Vacancies Soar Across Bay Area
https://www.movoto.com/ca/95122/market-trends/
As one bay area broker explained, “Surging crime and deteriorating quality of life are driving housing prices lower across the bay area.”