A report from Fortune Magazine. "Floor-to-ceiling, the interior of Tattooed Mom is covered in graffiti.…
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From the first 9 minute video:
Manhattan Beach Real Estate | Selling In A Housing Market Shift | Live In The South Bay
Sep 11, 2022 I know… it’s nagging you… You want to know….
“Daryl…Soooo how do I sell my house in a shifting market then? ls it too late to sell & get top dollar for it?”
NO! Not too late!
Yes! We’re seeing a shift in the South Bay Real Estate Market. Earlier this year most homes sold in a week & sellers were in complete control & Buyers were paying over list price. Sometimes hundreds of thousands of dollars over list price.
“LIST PRICE” was the “STARTING BID”. Now… Not so much.
The second 5 minute video:
IT’S HERE!! HOUSING MARKET CRASH!! | Poconos Real Estate Market | Poconos, PA
Sep 12, 2022 The Housing Market is CRASHING! This is an experience I recently had in one of my properties here in the Poconos. The Poconos Housing Market is definitely crashing. Watch the full video to find out why!
The third 5 minute video:
New Home Construction in Las Vegas
Sep 11, 2022 Wally Hawkins and Alyssa McArthur discuss the New Home Construction Housing Market in Las Vegas. The market in Las Vegas is very similar to most New Home markets throughout the Country. Many incentives and options for a buyer looking to purchase a new construction home.
00:00 Intro
00:32 Channel Purpose
00:51 New Home Builders Reduce Prices
01:20 Rise in Interest Rate
01:45 Builder accommodates Buyers
02:10 Builders offer incentives
02:27 Pulte Offers Buyer Closing Costs
02:40 Standing Inventory
02:55 Pulte Offers Lower Interest Rate
03:12 Toll Brothers Interest Rate and Rate Lock
03:40 Lennar Condos and Townhouses
04:20 KB Homes reduces by 30K
04:35 Tri-Point pays Buyer Closing Costs
04:50 Agents can negotiate for you
The last 13 minute video:
ZILLOW: Los Angeles HOUSING MARKET CRASH!!!! (Get Prepared)
Sep 11, 2022 In this video, we go over what is going on in the housing market here in LOS ANGELES, CALIFORNIA. Housing prices are dropping like crazy here!!!
Lots of exclamation points rather than question marks in those video thumbnails!
“Los Angeles HOUSING MARKET CRASH!!!!”
This guy couldn’t sell a chilled bottle of water in death valley.
At this point, clickbait YT videos probably have a better ROI.
Peloton Interactive Inc. Executive Chairman and co-founder John Foley is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.
Municipal-bond investors are dumping holdings at an unprecedented rate as the worst slump in decades for US state and city debt rattles this traditionally staid asset class. The tally of outflows this year from muni-focused bond funds and exchange-traded funds has reached $84 billion, on track for the largest annual net redemption since at least 1992, according to Refinitiv Lipper US Fund Flows data.
Such a cash exodus is a hallmark of poor performance periods for the muni market, which is dominated by individual investors who tend to get spooked by negative returns. And with the Federal Reserve signaling further aggressive interest rate increases to combat soaring inflation, there may be no end in sight to this year’s turbulence, which has pummeled the whole fixed-income universe.
“Going into the fourth quarter, I still see volatility on the horizon,” said Kathleen McNamara, senior municipal strategist at UBS Wealth Management. “The markets are still concerned about whether the Fed is going to make a policy mistake.”
Munis are on track for their worst year since 1981, with a loss of 9.5% in 2022, according to Bloomberg index data. They’re still beating the broader US bond market, which is down almost 12%.
‘dominated by individual investors who tend to get spooked by negative returns’
No more ‘money they can afford to lose’?
Pickup trucks pack the parking lot of the Best Western Lamplighter Inn. On an August evening in London, Ont., the hotel’s ballroom is standing room only. The Conservative Party rally is attracting rugged folks, many from outlying hamlets: farmers, health-care workers, bus drivers, pensioners, and a handful of students.
Pierre Poilievre wades into the crowd of 700, which erupts into cheers. He’s campaigning to take over Canada’s right wing and remove Liberal Prime Minister Justin Trudeau. He expresses outrage over struggling single mothers who add water to their children’s milk, 35-year-old men unable to afford rent and living in their parents’ basements, the Bank of Canada’s printing of money, taxes on fertilizer and energy, the cost of gasoline, and the mask and vaccine mandates still prevalent in Canada. He blames Trudeau for each, especially rising prices, which he labels “Justin-flation.”
Wealth is flowing, he says, “from the have-nots to the have-yachts.” Elite gatekeepers are standing in your way. “Wokeism” is destroying society. After enumerating the taxes, he lowers his voice and, with the timing of a stand-up comic, says: “I hear it got so cold in Ottawa that someone saw Trudeau with his hands in his own pockets.”
Chinese authorities have told the nation’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Fosun, one of the country’s largest non-state conglomerates, according to people familiar with the matter.
Moody’s Investors Service last month downgraded Fosun International, saying that asset sales would likely cut the size, diversification and transparency of the firm’s investment portfolio. Dollar bonds guaranteed by the company have been among China’s worst-performing high-yield notes the past three months according to a Bloomberg index. Longer-dated bonds are below 60 cents on the dollar, prices which typically signal distress.
Australia’s housing market is suffering through a price trend it hasn’t seen in two years, with more than $160 billion lost, new figures have revealed.
From the first 9 minute video:
Manhattan Beach Real Estate | Selling In A Housing Market Shift | Live In The South Bay
Sep 11, 2022 I know… it’s nagging you… You want to know….
“Daryl…Soooo how do I sell my house in a shifting market then? ls it too late to sell & get top dollar for it?”
NO! Not too late!
Yes! We’re seeing a shift in the South Bay Real Estate Market. Earlier this year most homes sold in a week & sellers were in complete control & Buyers were paying over list price. Sometimes hundreds of thousands of dollars over list price.
“LIST PRICE” was the “STARTING BID”. Now… Not so much.
The second 5 minute video:
IT’S HERE!! HOUSING MARKET CRASH!! | Poconos Real Estate Market | Poconos, PA
Sep 12, 2022 The Housing Market is CRASHING! This is an experience I recently had in one of my properties here in the Poconos. The Poconos Housing Market is definitely crashing. Watch the full video to find out why!
The third 5 minute video:
New Home Construction in Las Vegas
Sep 11, 2022 Wally Hawkins and Alyssa McArthur discuss the New Home Construction Housing Market in Las Vegas. The market in Las Vegas is very similar to most New Home markets throughout the Country. Many incentives and options for a buyer looking to purchase a new construction home.
00:00 Intro
00:32 Channel Purpose
00:51 New Home Builders Reduce Prices
01:20 Rise in Interest Rate
01:45 Builder accommodates Buyers
02:10 Builders offer incentives
02:27 Pulte Offers Buyer Closing Costs
02:40 Standing Inventory
02:55 Pulte Offers Lower Interest Rate
03:12 Toll Brothers Interest Rate and Rate Lock
03:40 Lennar Condos and Townhouses
04:20 KB Homes reduces by 30K
04:35 Tri-Point pays Buyer Closing Costs
04:50 Agents can negotiate for you
The last 13 minute video:
ZILLOW: Los Angeles HOUSING MARKET CRASH!!!! (Get Prepared)
Sep 11, 2022 In this video, we go over what is going on in the housing market here in LOS ANGELES, CALIFORNIA. Housing prices are dropping like crazy here!!!
Lots of exclamation points rather than question marks in those video thumbnails!
“Los Angeles HOUSING MARKET CRASH!!!!”
This guy couldn’t sell a chilled bottle of water in death valley.
At this point, clickbait YT videos probably have a better ROI.
Peloton Interactive Inc. Executive Chairman and co-founder John Foley is stepping down from the fitness company as part of a leadership shake-up, extending the turbulence at a business trying to pull out of a deep slump.
https://ca.finance.yahoo.com/news/peloton-founders-leaving-latest-shake-204454378.html
A 2 minute video in Michigan I think:
https://www.wnem.com/video/2022/09/12/is-buyers-market-coming/
Municipal-bond investors are dumping holdings at an unprecedented rate as the worst slump in decades for US state and city debt rattles this traditionally staid asset class. The tally of outflows this year from muni-focused bond funds and exchange-traded funds has reached $84 billion, on track for the largest annual net redemption since at least 1992, according to Refinitiv Lipper US Fund Flows data.
Such a cash exodus is a hallmark of poor performance periods for the muni market, which is dominated by individual investors who tend to get spooked by negative returns. And with the Federal Reserve signaling further aggressive interest rate increases to combat soaring inflation, there may be no end in sight to this year’s turbulence, which has pummeled the whole fixed-income universe.
“Going into the fourth quarter, I still see volatility on the horizon,” said Kathleen McNamara, senior municipal strategist at UBS Wealth Management. “The markets are still concerned about whether the Fed is going to make a policy mistake.”
Munis are on track for their worst year since 1981, with a loss of 9.5% in 2022, according to Bloomberg index data. They’re still beating the broader US bond market, which is down almost 12%.
https://finance.yahoo.com/news/muni-investors-dump-holdings-record-165839743.html
‘dominated by individual investors who tend to get spooked by negative returns’
No more ‘money they can afford to lose’?
Pickup trucks pack the parking lot of the Best Western Lamplighter Inn. On an August evening in London, Ont., the hotel’s ballroom is standing room only. The Conservative Party rally is attracting rugged folks, many from outlying hamlets: farmers, health-care workers, bus drivers, pensioners, and a handful of students.
Pierre Poilievre wades into the crowd of 700, which erupts into cheers. He’s campaigning to take over Canada’s right wing and remove Liberal Prime Minister Justin Trudeau. He expresses outrage over struggling single mothers who add water to their children’s milk, 35-year-old men unable to afford rent and living in their parents’ basements, the Bank of Canada’s printing of money, taxes on fertilizer and energy, the cost of gasoline, and the mask and vaccine mandates still prevalent in Canada. He blames Trudeau for each, especially rising prices, which he labels “Justin-flation.”
Wealth is flowing, he says, “from the have-nots to the have-yachts.” Elite gatekeepers are standing in your way. “Wokeism” is destroying society. After enumerating the taxes, he lowers his voice and, with the timing of a stand-up comic, says: “I hear it got so cold in Ottawa that someone saw Trudeau with his hands in his own pockets.”
https://ca.finance.yahoo.com/news/canadian-winger-pits-nots-against-120005282.html
Trudeau is a tyrant.
“from the have-nots to the have-yachts.”
This cliché is a keeper!
Did you know that the 2020 election was stolen?
The 2020 election was stolen.
Chinese authorities have told the nation’s biggest banks and state-owned firms to start a round of checks on their financial exposure to Fosun, one of the country’s largest non-state conglomerates, according to people familiar with the matter.
Moody’s Investors Service last month downgraded Fosun International, saying that asset sales would likely cut the size, diversification and transparency of the firm’s investment portfolio. Dollar bonds guaranteed by the company have been among China’s worst-performing high-yield notes the past three months according to a Bloomberg index. Longer-dated bonds are below 60 cents on the dollar, prices which typically signal distress.
https://finance.yahoo.com/news/china-tells-banks-soes-report-065151797.html
Axtell, UT Housing Prices Crater 21% YOY As Sellers Get Yanked Through A Knot Hole Backwards
https://www.movoto.com/axtell-ut/market-trends/
As one national land broker explained, “If you paid more than $500 and acre, you got ripped off.”
Oh dear….
Total value of Australian homes drops by billions of dollars for first time in two years: ABS
https://www.news.com.au/finance/economy/australian-economy/total-value-of-australian-homes-drops-for-first-time-in-two-years-abs/news-story/5a351537f06a78dd9d169f5953f90b66
Australia’s housing market is suffering through a price trend it hasn’t seen in two years, with more than $160 billion lost, new figures have revealed.