It's Friday desk clearing time for this blogger. "Mortgage firms are bracing for a wave…
This Post Has 18 Comments
From the first 8 minute video:
Lake Oconee Real Estate – Market SHIFT
Sep 19, 2022 In the past several months the housing market here on Lake Oconee and the surrounding areas such as Greensboro and Eatonton has begun to feel different. We are not seeing homes go under contract is the first couple of days like we did earlier in the year. Showing activity has dramatically dropped and the number of buyers currently shopping for a home here has come to a screeching halt. After a crazy market where things were selling 90-nothing, this new normal seems kind of freaky! No need to act like chicken-little, as we all know there are seasonal changes in the real estate market now that summer has wrapped up and kids are back to school.
The second 7 minute video:
Southwest Florida Housing Market Update – 9.19.22
Sep 19, 2022 Thanks for checking out today’s Southwest Florida housing market update. I’m Rick Harrison your Southwest Florida Real Estate Agent, and in this weeks Southwest Florida update we’ll cover the local real estate market trends, the mortgage rates today, mortgage applications and what’s coming up in tomorrow’s headline highlight video.
The third 15:40 video:
Arizona Housing Market – Prices Drop! Best places to Buy NOW!
Sep 19, 2022 Home appreication in Phoenix, Arizona was leading the nation. However, things have changed and with more and more inventory, more and more listings have had to reduce their asking price.
The fourth 8:41 video:
Phoenix Real Estate Market Update | Days Inventory Increasing | Rate Watch
Sep 19, 2022
All eyes are on the fed meeting tomorrow as rates are poised to increase. In the meantime, we’ll explore –
✅ An Increase in Days Inventory
✅ Sad Homebuilder Sentiment News
✅ Rental Market Review
✅ CMI – Cromford Market Update
00:00 Introduction
00:22 Fed Rate Hike Coming
01:55 Days Inventory Reaction to Hike
02:50 Quarterly Volume Is Low
03:20 Days Inventory Comparison
04:02 Opendoor Inventory
05:00 Build to Rent Market
05:39 Rental Market Inventory Increase
06:17 NAHB New Home Build Market Index
07:24 CMI
The fifth 6 minute video:
What Does The Market Look Like Compared To Last Year? | San Francisco Housing Update For August 2022
Sep 19, 2022 Take a look at the latest San Francisco housing market numbers! 📊🏡
The sixth 4:29 video:
Boise Market Update – MORE PRICE DROPS
Sep 19, 2022 In this video we discuss the Boise Market Update for the week of 9-19-22 and we see more price drops.
The last 14:27 video:
Can Toronto Home Prices Withstand More Pressure? – Sept 14
Sep 20, 2022
Toronto Real Estate Market Report for the week of Sept 8 – Sept 14, 2022.
This is a 15:11 video I found interesting:
PENSACOLA
how much i made this week !!!! dump trailer hustle get rich millionaire success money side hustle
Sep 17, 2022 how much i made this week !!!! dump trailer hustle get rich millionaire success money side hustle
this is all about how much i made from this week on my side hustle
The home price correction is spreading—this interactive map shows if your local housing market is impacted
The first group includes bubbly markets like Austin (down 7.4%), Boise (down 5.3%), Denver (down 4.3%), Las Vegas (down 2.3%), and Phoenix (down 4.4%). Those markets saw deep-pocketed buyers from cities like San Jose and Seattle drive up prices far beyond what local incomes would historically support. Those booms fizzled out once spiking mortgage rates sidelined even the affluent out-of-town buyers. That’s why markets like Boise and Austin are now teetering on full-blown housing busts.
But the biggest price declines aren’t in bubbly markets. Indeed, the biggest drops in home values can be found in high-cost tech hubs like San Francisco (down 7.8%) and San Jose (down 10.6%). Those markets got hit by a double whammy. Not only are their high-end real estate markets more rate-sensitive, but so are their tech sectors.
The hot housing market is beginning to level off, according to the Manitoba Real Estate Association. “We knew the frenzy of activity and the price acceleration we experienced during the pandemic was unsustainable,” said MREA President Julie Friesen said.
Texas A&M Research Economist Clara Losey expects interest rates to continue to rise throughout this year, but there is a bright side to what’s happening.
“We’ve reached a point in which home prices are probably going to have to come down a little bit to be more in line with reasonable expectations for household income and what not. but in the long run, that should play out in a healthy beneficial way for the housing market,” Losey shared.
Minneapolis must learn to love (electric) cars
Star Tribune|12 hours ago
If we don’t, we’ll fall behind the green movement.
A VERIFY reader recently reached out to the team to ask whether there’s a limit to how many times the Federal Reserve can raise interest rates in a year.
THE QUESTION
Is there a limit to how many times the Federal Reserve can adjust interest rates?
THE ANSWER
This is false.
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates.
More than half of the sellers the NAHB surveyed used incentives to lure buyers, Dietz said. What are they saying? Builder confidence continues to decline, and other data that will be released this week will paint a picture of a struggling sector, one economist noted.
“It’s little surprise that the most interest-sensitive segment of the economy is breaking hard, especially after prices ran wild the past two years, pushing affordability to the worst level in 33 years,” Sal Guatieri, senior economist at BMO Capital Markets, wrote in a note.
I am a senior citizen and have suffered major losses to the tune of $100,000 in the recent stock market turmoil. Can I sue my financial adviser? I understand the dynamics of the market as far as its ups and downs, and have ridden them out before.
However, it’s been different with the market in this timeframe insofar as tech stocks are taking a major hit, as well as others. I advised my financial adviser I was heading into retirement months before all of this happened.
As my account was taking losses, she did nothing to warn me that given the current situation it might be a good idea to move my assets to another area to lessen the losses — and return at a later date when things have stabilized.
I now find out through other advisers I’ve consulted with there is a term called “stop loss” to do just that, stop the loss. They also mentioned she did fail in her duties as an adviser. She never explained anything, like high- or low-risk management, or any other aspect of the market.
The only time we had contact was when I contacted her about buying into different stocks. Other than that, she never called about anything concerning my account at any time. Can I sue and, if so, how do I go about doing it?
End of response: Obviously, if you were to consult a lawyer, you would need to present more detail. From your letter, however, it seems you are upset about your paper losses, and your adviser is taking the blame. But notwithstanding the conditions for suing your adviser as laid above, there are two people in this relationship, and in many cases the responsibility works both ways.
I was stupid. Can I make someone else pay for that?
Simply put.
I suppose Mutual Funds didn’t have enough return for this guy.
Sick of the queen?
King Charles’s coronation shouldn’t be ‘cut-price’ affair despite cost-of-living crisis, say royal experts
Friday, San Diego Homeless Advocate Michael McConnell tweeted his first-hand account of migrants being “dumped” at a homeless shelter in San Diego. Under Mayor Todd Gloria’s leadership, the City of San Diego has a record high 1,609 homeless people living in downtown alone. The situation is so bad, that even iconic San Diegans like Bill Walton have been left with no choice but to publicly call out Mayor Gloria for his failures.
Despite touting himself as a compassionate person, just two months ago, Mayor Todd Gloria was caught on video by Michael McConnell, ignoring dozens of homeless residents trying to speak with him in downtown.
From the first 8 minute video:
Lake Oconee Real Estate – Market SHIFT
Sep 19, 2022 In the past several months the housing market here on Lake Oconee and the surrounding areas such as Greensboro and Eatonton has begun to feel different. We are not seeing homes go under contract is the first couple of days like we did earlier in the year. Showing activity has dramatically dropped and the number of buyers currently shopping for a home here has come to a screeching halt. After a crazy market where things were selling 90-nothing, this new normal seems kind of freaky! No need to act like chicken-little, as we all know there are seasonal changes in the real estate market now that summer has wrapped up and kids are back to school.
The second 7 minute video:
Southwest Florida Housing Market Update – 9.19.22
Sep 19, 2022 Thanks for checking out today’s Southwest Florida housing market update. I’m Rick Harrison your Southwest Florida Real Estate Agent, and in this weeks Southwest Florida update we’ll cover the local real estate market trends, the mortgage rates today, mortgage applications and what’s coming up in tomorrow’s headline highlight video.
The third 15:40 video:
Arizona Housing Market – Prices Drop! Best places to Buy NOW!
Sep 19, 2022 Home appreication in Phoenix, Arizona was leading the nation. However, things have changed and with more and more inventory, more and more listings have had to reduce their asking price.
The fourth 8:41 video:
Phoenix Real Estate Market Update | Days Inventory Increasing | Rate Watch
Sep 19, 2022
All eyes are on the fed meeting tomorrow as rates are poised to increase. In the meantime, we’ll explore –
✅ An Increase in Days Inventory
✅ Sad Homebuilder Sentiment News
✅ Rental Market Review
✅ CMI – Cromford Market Update
00:00 Introduction
00:22 Fed Rate Hike Coming
01:55 Days Inventory Reaction to Hike
02:50 Quarterly Volume Is Low
03:20 Days Inventory Comparison
04:02 Opendoor Inventory
05:00 Build to Rent Market
05:39 Rental Market Inventory Increase
06:17 NAHB New Home Build Market Index
07:24 CMI
The fifth 6 minute video:
What Does The Market Look Like Compared To Last Year? | San Francisco Housing Update For August 2022
Sep 19, 2022 Take a look at the latest San Francisco housing market numbers! 📊🏡
The sixth 4:29 video:
Boise Market Update – MORE PRICE DROPS
Sep 19, 2022 In this video we discuss the Boise Market Update for the week of 9-19-22 and we see more price drops.
The last 14:27 video:
Can Toronto Home Prices Withstand More Pressure? – Sept 14
Sep 20, 2022
Toronto Real Estate Market Report for the week of Sept 8 – Sept 14, 2022.
This is a 15:11 video I found interesting:
PENSACOLA
how much i made this week !!!! dump trailer hustle get rich millionaire success money side hustle
Sep 17, 2022 how much i made this week !!!! dump trailer hustle get rich millionaire success money side hustle
this is all about how much i made from this week on my side hustle
https://www.youtube.com/watch?v=zg7_IdU-7X4
Keith, I work for Open and we all feel like we’ve been scammed, equity is close to worthless
https://twitter.com/michaelbrrrrr/status/1572294208089911296?s=20&t=o79ZarlQEZtr9ZSzJ5J_Zg
The home price correction is spreading—this interactive map shows if your local housing market is impacted
The first group includes bubbly markets like Austin (down 7.4%), Boise (down 5.3%), Denver (down 4.3%), Las Vegas (down 2.3%), and Phoenix (down 4.4%). Those markets saw deep-pocketed buyers from cities like San Jose and Seattle drive up prices far beyond what local incomes would historically support. Those booms fizzled out once spiking mortgage rates sidelined even the affluent out-of-town buyers. That’s why markets like Boise and Austin are now teetering on full-blown housing busts.
But the biggest price declines aren’t in bubbly markets. Indeed, the biggest drops in home values can be found in high-cost tech hubs like San Francisco (down 7.8%) and San Jose (down 10.6%). Those markets got hit by a double whammy. Not only are their high-end real estate markets more rate-sensitive, but so are their tech sectors.
https://news.yahoo.com/home-price-correction-spreading-interactive-084934385.html
The hot housing market is beginning to level off, according to the Manitoba Real Estate Association. “We knew the frenzy of activity and the price acceleration we experienced during the pandemic was unsustainable,” said MREA President Julie Friesen said.
https://www.msn.com/en-ca/money/finance-real-estate/manitobas-real-estate-market-hits-the-brakes-in-august/ar-AA1230rS
Texas A&M Research Economist Clara Losey expects interest rates to continue to rise throughout this year, but there is a bright side to what’s happening.
“We’ve reached a point in which home prices are probably going to have to come down a little bit to be more in line with reasonable expectations for household income and what not. but in the long run, that should play out in a healthy beneficial way for the housing market,” Losey shared.
https://www.msn.com/en-us/money/realestate/local-experts-weigh-in-on-the-housing-market-since-jump-in-interest-rates/ar-AA123K2T
A 2:30 video:
As the housing market in the Phoenix area cools off, real estate agents are finding more creative ways to get buyers in the door.
https://news.yahoo.com/phoenix-housing-market-cooloff-impacts-005457553.html
Minneapolis must learn to love (electric) cars
Star Tribune|12 hours ago
If we don’t, we’ll fall behind the green movement.
A VERIFY reader recently reached out to the team to ask whether there’s a limit to how many times the Federal Reserve can raise interest rates in a year.
THE QUESTION
Is there a limit to how many times the Federal Reserve can adjust interest rates?
THE ANSWER
This is false.
No, there isn’t a limit to how many times the Federal Reserve can adjust interest rates.
https://www.khou.com/article/news/verify/economy-verify/federal-reserve-interest-rate-hikes-not-limited/536-43375642-f865-40fd-b110-bbd69929f7ad
Make it stop!
More than half of the sellers the NAHB surveyed used incentives to lure buyers, Dietz said. What are they saying? Builder confidence continues to decline, and other data that will be released this week will paint a picture of a struggling sector, one economist noted.
“It’s little surprise that the most interest-sensitive segment of the economy is breaking hard, especially after prices ran wild the past two years, pushing affordability to the worst level in 33 years,” Sal Guatieri, senior economist at BMO Capital Markets, wrote in a note.
https://www.msn.com/en-us/money/realestate/e2-80-98prices-ran-wild-the-past-two-years-e2-80-99-home-builders-say-e2-80-98housing-recession-shows-no-signs-of-abating-e2-80-99/ar-AA11ZDeg
‘prices ran wild the past two years’
That’s some sound lending right there.
Dear Quentin,
I am a senior citizen and have suffered major losses to the tune of $100,000 in the recent stock market turmoil. Can I sue my financial adviser? I understand the dynamics of the market as far as its ups and downs, and have ridden them out before.
However, it’s been different with the market in this timeframe insofar as tech stocks are taking a major hit, as well as others. I advised my financial adviser I was heading into retirement months before all of this happened.
As my account was taking losses, she did nothing to warn me that given the current situation it might be a good idea to move my assets to another area to lessen the losses — and return at a later date when things have stabilized.
I now find out through other advisers I’ve consulted with there is a term called “stop loss” to do just that, stop the loss. They also mentioned she did fail in her duties as an adviser. She never explained anything, like high- or low-risk management, or any other aspect of the market.
The only time we had contact was when I contacted her about buying into different stocks. Other than that, she never called about anything concerning my account at any time. Can I sue and, if so, how do I go about doing it?
Feeling Like a Sucker
https://www.msn.com/en-us/money/personalfinance/e2-80-98she-never-explained-anything-e2-80-99-i-e2-80-99m-a-senior-citizen-and-i-lost-24100000-in-the-stock-market-this-year-can-i-sue-my-financial-adviser/ar-AA124drD
End of response: Obviously, if you were to consult a lawyer, you would need to present more detail. From your letter, however, it seems you are upset about your paper losses, and your adviser is taking the blame. But notwithstanding the conditions for suing your adviser as laid above, there are two people in this relationship, and in many cases the responsibility works both ways.
I was stupid. Can I make someone else pay for that?
Simply put.
I suppose Mutual Funds didn’t have enough return for this guy.
Sick of the queen?
King Charles’s coronation shouldn’t be ‘cut-price’ affair despite cost-of-living crisis, say royal experts
https://www.msn.com/en-gb/news/world/king-charles-s-coronation-shouldn-t-be-cut-price-affair-despite-cost-of-living-crisis-say-royal-experts/ar-AA122bJa
70 years unemployed, becomes king chuckie.
coronation
Spring or Summer 2023
Friday, San Diego Homeless Advocate Michael McConnell tweeted his first-hand account of migrants being “dumped” at a homeless shelter in San Diego. Under Mayor Todd Gloria’s leadership, the City of San Diego has a record high 1,609 homeless people living in downtown alone. The situation is so bad, that even iconic San Diegans like Bill Walton have been left with no choice but to publicly call out Mayor Gloria for his failures.
Despite touting himself as a compassionate person, just two months ago, Mayor Todd Gloria was caught on video by Michael McConnell, ignoring dozens of homeless residents trying to speak with him in downtown.
https://www.kusi.com/migrants-being-dumped-at-san-diego-homeless-shelters/