Three reports from the Times of London in the UK. "House prices in London fell…
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From the first 16 minute video:
Austin Housing Market Update | East vs West Austin | September 2022
Sep 21, 2022 What is happening in the Austin housing market? Is the market hot, or not? In this video Ethan Stites and Eric Longbine compare East and West Austin to the rest of the Austin housing market. They discuss the number of active listings, sold listings, and the median price of homes in the month of August in September 2022. Watch this video to learn what is happening in the Austin market right now!
The second 6 minute video:
Is housing market slowing down in Dallas?
Sep 21, 2022
There are tons of price decreases going on right now!
There are almost double the amount of price decreases than homes being listed on the market!
The days on the market are increasing as inventory is starting to pile up. This means that there are more options when shopping for a home.
Home prices continue to drop! Home prices are gradually decreasing right now due to the lack of demand and increase of supply.
Bottom line: Now is a good time to buy since there are more options than we have seen in years. Sellers are being more realistic with their prices and terms. Right now is also a good time to sell since you can sell your home at a very high price compared to what you originally bought it for.
The third 14 minute video:
Recesssion or Not? Denver Housing Market Update – Sept 2022
Sep 22, 2022 Price Drops, Deceleration, Market Slow down – we hear it ALL! Seasonality AND the Fed’s “help” are what’s driving the changes. Learn how much to attribute to which one in this week’s update!
The fourth 4 minute video:
SARASOTA
Has the Market Shifted? August 2022 Stats Are In
Sep 21, 2022 July and August had fewer closings, fewer new listings, and a longer time to contract. What does this mean for the housing market?
The last 12 minute video:
Home Prices Hit Hard In Vaughan, Richmond Hill & Markham Real Estate – September 14
Team Sessa Real Estate
Sep 22, 2022
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Sept 8 – Sept 14, 2022.
After a pandemic-era buying spree, Boston’s boom times are over
The Financial Times|22 hours ago
Boston’s property market has boomed in the past year. In June, the average home price peaked at a record $900,000, a gain of 11 per cent over June 2021, according to the Greater Boston Real Estate Board (GBREB).
The housing market correction will be deep, and ugly
If rates do climb into the 7s, the current origination forecast of $2.2 trillion in 2023 will look awfully rosy
The housing market is expected to stay under pressure as the Federal Reserve implements more interest rate hikes. Fed Chair Jerome Powell addressed conditions on Wednesday after central bank officials enacted a third straight 0.75% increase.
Powell argued the current “difficult correction should put the housing market back into better balance.”
“The deceleration in housing prices that we’re seeing should help bring sort of prices more closely in line with rents and other housing market fundamentals and that’s a good thing,” Powell said.
I’d bet even today posters will tell us the central bank ‘won’t let shack prices fall’ when they are the ones breaking it off in yer a$$.
“I’d bet even today posters will tell us the central bank ‘won’t let shack prices fall’ when they are the ones breaking it off in yer a$$.”
Now they’re really stamping their feet screaming that you…. Ben Jones…. talked the market right into collapse… all by yourself….. and with my help.
Mighty powerful we are.
On Thursday, CNN business reporter Nicole Goodkind asked Powell to clarify what the housing “reset” means. Here’s his long-winded response.
“When I say reset, I’m not looking at a particular specific set of data. What I’m really saying is that we’ve had a time of a red-hot housing market all over the country, where famously houses were selling to the first buyer at 10% above the ask even before seeing the house. That kind of thing. So there was a big imbalance between supply and demand. Houses were going up at an unsustainable fast level. So the deceleration in housing prices that we’re seeing should help to bring prices more closely in line with rents and other housing market fundamentals. That is a good thing. For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level and at a reasonable pace and that people can afford houses again. We probably in the housing market have to go through a correction to get back to that place. There are also longer-run issues with the housing market. As you know, it is difficult to find lots now close enough to cities, so builders are having a hard time getting zoning and lots and workers and materials and things like that. But from a business cycle standpoint, this difficult [housing] correction should put the housing market back into better balance,” Powell told reporters on Wednesday.
While the slowdown started out mild, it has since intensified. On a year-over-year basis, new home sales and existing home sales are now down 29.6% and 19.9%.
That sharp housing slowdown isn’t a normalized market—it’s a housing correction. At least that’s according to Powell.
“For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level and at a reasonable pace and that people can afford houses again. We probably in the housing market have to go through a correction to get back to that place,” Powell said on Wednesday. “This difficult [housing] correction should put the housing market back into better balance.”
This housing correction, of course, has already started.
His diaper is probably soaked and touching his thighs.
“We probably in the housing market have to go through a correction to get back to that place,” Powell said on Wednesday.
This guy is so bright ‘ya gotta wear shades!
Luxury home sales see record-breaking plunge amid soaring rates, economic jitters
The 28% free-fall was easily the most precipitous drop ever recorded since Redfin began analyzing the metric in 2012. The prior mark was 23%, set at the beginning of the pandemic in 2020 as lockdowns took hold and the real estate market seized up.
Sales of non-luxury homes also saw an unprecedented dip of 19.5% over the same stretch, according to the report.
Pricey California cities saw the most marked drops in luxury sales, with Oakland notching a staggering 63.9% slide and San Jose a 59.6% decrease.
Miami, which has seen stratospheric price hikes in recent years, had the third biggest dip in luxury sales at 55%.
For anyone else wondering, Redfin defines luxury homes as being in the top 5% in terms of asking price.
After years of being red hot, the market is still active with consistent demand, Sibcy Cline Anderson vice president and sales manager Liz Juszczyk said. The median sales price is up more than eight percent year over year, according to Realtor Alliance of Cincinnati.
Juszczyk says it’s still a seller’s market. Juszczyk said her biggest piece of advice for sellers is to properly price their property or home instead of relying on exaggerated pricing. She said that phase of the red-hot market is starting to shift towards a more realistic stable period.
“For past several years, we have seen people offering 15, 20, 30 $80,000 over list price to secure it, multiple offers etc. that push up that sale price. So that is settling down a little bit we are calling that ‘the market shift,'” Juszczyk said.
Ultimately, home prices are coming down as a result of higher rates and sellers reacting to lower demand is a “good thing,” Federal Reserve Chairman Jerome Powell said during a Wednesday press conference when they announced the rate hikes.
“Housing prices were going up at an unsustainably fast level,” Powell said.
“For the longer term, what we need is supply and demand to get better aligned, so that housing prices go up at a reasonable level … and that people can afford houses again,” he added. “The housing market may have to go through a correction to get back to that place.”
so that housing prices go up at down to a reasonable level … and that people can afford houses again
With Toronto’s rental market being as pricey and pinched for supply as it presently is, there have been a glut of listings for what some would deem “horror apartments” that boast ridiculously sub-par living situations.
But, at least these types of units usually come cheap compared to what’s out there, even if they are a perfect example of “getting what you pay for.”
On the opposite end is one new listing that for some reason advertises over-the-top luxury pricing for what is an extremely average condo unit near College and Bay Streets. The one-bedroom, one-bathroom, 610-square-foot apartment is indeed close to a ton of amenities in the heart of downtown, has a parking spot and also comes fully furnished — albeit with furniture and decor that is really nothing speical — but even so, its price tag of just shy of $8k per month seems a little unrealistic.
“Confusion and trepidation were the watchwords in the North American lumber market as the post-Labour Day litmus test was unclear as yet.” — according to the report.
Traders of Western S-P-F commodities in the United States remained unsure about the direction of the market after a puzzling post-Labour Day week. Buyers showed no more urgency than they did through August, despite their extremely light inventories. As one veteran player noted, it seemed like everyone was waiting for everyone else to make the first move.
Confusion and trepidation were the watchwords in the North American lumber market at large, and Western S-P-F was no exception. Scattered reports came in from motivated buyers of substantial discounts at the sawmill level. Meanwhile, the distribution network appeared to be adequately supplied for the moment, with customers turning to secondaries when they needed quick shipment – albeit at firmer prices. Transportation has been a low-key bright spot lately, with relatively smooth delivery times and decreasing freight rates as fuel prices continue to stabilize — and even drop in some regions.
“Demand for green Douglas-fir was very slow again, dashing the hopes of suppliers who looked forward to September as a potential jumping-off point to better business. Buyers refused to purchase more than they needed. Resultant sales were sluggish, to say the least,” according to the report.
As one Phoenix area broker explained, “We’ve had a lot of broke people buying houses over the past 15 years. They all paid too much.”
Josh Barro slams Gavin Newsom as ‘gross and embarrassing,’ says ‘sleazy’ governor will never be president
The liberal journalist said that even Kamala Harris would make a better candidate
In a new article from his website, entitled “Gavin Newsom Is Gross and Embarrassing and Will Never Be President,” the self-described neoliberal journalist criticized Newsom for his recent decision to disperse re-election funds to erect billboards in South Carolina and six other states.
The billboards, which read “California is ready to help,” direct those in red states to information on access to abortion, but really amount to using women as a “prop” to bolster Newsom’s public image, according to Barro. Furthermore, Newsom’s proposal to debate DeSantis on CNN similarly does nothing to address immigration, and merely serves to “draw attention” to the California governor.
But, above all, Barro just thinks Newsom is a bad candidate for any election, outside of running against a Republican in deep blue California. The LA-based journalist slammed the governor as “replacement-level liberal” Democrat who lacks an appealing backstory, ideology or dedicated support base, and for that reason resorts to PR stunts designed to appeal to “core MSNBC viewers.”
Barro laid out a massive list of Newsom’s past scandals, including an affair with the wife of his close friend and campaign manager, a past relationship with a girl too young to drink, and the infamous dinner at The French Laundry hours after telling Californians not to gather for the holiday during COVID-19.
‘a past relationship with a girl too young to drink’
Newsom’s ex, Kimberly Guilfoyle, has got to be feeding good dirt to Don Jr.
“The liberal journalist said that even Kamala Harris would make a better candidate…”
Lost me right there. Hehe.
More Bay Area companies are announcing cutbacks and layoffs. The clothing company Gap says they will eliminate 500 corporate jobs in San Francisco and New York. The news has many concerned about a possible recession. Last week, American Airlines said that more than 400 flight attendants from the Bay Area would be relocated to other states.
Tech insiders say Google, along with Facebook’s parent company META are slimming down and restructuring some departments. “In the old days they called it layoffs, now they call it restructuring,” said ABC 7 News insider Phil Matier. “COVID is over but now we have uncertain economic times. I don’t care whether you’re tech, airlines, or clothing, it all spells the same thing, tighten your belt and get smart on where your money is and your workers.”
Why locate your business in San Francisco when vibrants are breaking-out your car windows, the homeless are leaving cow-pies and used needles on the sidewalk and the rent is too high?
Stock futures crater as Fed, growth fears intensify
Volkswagen Warns of Production Shift From Germany Over Gas Shortage
Not that trivial to do. Sure, they can increase production Spain or wherever, the parts don’t grow on trees. All it takes is for a few Germany based suppliers to not be able to shift production and those assembly lines will come to a grinding halt.
Even worse, some of those suppliers provide parts to non German brands, which means North American and Asian brands could also be impacted.
Good times.
CRATER ALERT CRATER ALERT CRATER ALERT
Winter Park, FL Housing Prices Crater 24% YOY As The Bottom Drops Out Of US Housing Market
From the first 16 minute video:
Austin Housing Market Update | East vs West Austin | September 2022
Sep 21, 2022 What is happening in the Austin housing market? Is the market hot, or not? In this video Ethan Stites and Eric Longbine compare East and West Austin to the rest of the Austin housing market. They discuss the number of active listings, sold listings, and the median price of homes in the month of August in September 2022. Watch this video to learn what is happening in the Austin market right now!
The second 6 minute video:
Is housing market slowing down in Dallas?
Sep 21, 2022
There are tons of price decreases going on right now!
There are almost double the amount of price decreases than homes being listed on the market!
The days on the market are increasing as inventory is starting to pile up. This means that there are more options when shopping for a home.
Home prices continue to drop! Home prices are gradually decreasing right now due to the lack of demand and increase of supply.
Bottom line: Now is a good time to buy since there are more options than we have seen in years. Sellers are being more realistic with their prices and terms. Right now is also a good time to sell since you can sell your home at a very high price compared to what you originally bought it for.
The third 14 minute video:
Recesssion or Not? Denver Housing Market Update – Sept 2022
Sep 22, 2022 Price Drops, Deceleration, Market Slow down – we hear it ALL! Seasonality AND the Fed’s “help” are what’s driving the changes. Learn how much to attribute to which one in this week’s update!
The fourth 4 minute video:
SARASOTA
Has the Market Shifted? August 2022 Stats Are In
Sep 21, 2022 July and August had fewer closings, fewer new listings, and a longer time to contract. What does this mean for the housing market?
The last 12 minute video:
Home Prices Hit Hard In Vaughan, Richmond Hill & Markham Real Estate – September 14
Team Sessa Real Estate
Sep 22, 2022
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Sept 8 – Sept 14, 2022.
After a pandemic-era buying spree, Boston’s boom times are over
The Financial Times|22 hours ago
Boston’s property market has boomed in the past year. In June, the average home price peaked at a record $900,000, a gain of 11 per cent over June 2021, according to the Greater Boston Real Estate Board (GBREB).
The housing market correction will be deep, and ugly
If rates do climb into the 7s, the current origination forecast of $2.2 trillion in 2023 will look awfully rosy
https://www.housingwire.com/articles/the-housing-market-correction-will-be-deep-and-ugly/
Why that’s savagely unhealthy shackwire.
The housing market is expected to stay under pressure as the Federal Reserve implements more interest rate hikes. Fed Chair Jerome Powell addressed conditions on Wednesday after central bank officials enacted a third straight 0.75% increase.
Powell argued the current “difficult correction should put the housing market back into better balance.”
“The deceleration in housing prices that we’re seeing should help bring sort of prices more closely in line with rents and other housing market fundamentals and that’s a good thing,” Powell said.
https://nypost.com/2022/09/22/us-housing-recession-could-send-prices-20-lower-by-mid-2023/
I’d bet even today posters will tell us the central bank ‘won’t let shack prices fall’ when they are the ones breaking it off in yer a$$.
“I’d bet even today posters will tell us the central bank ‘won’t let shack prices fall’ when they are the ones breaking it off in yer a$$.”
Now they’re really stamping their feet screaming that you…. Ben Jones…. talked the market right into collapse… all by yourself….. and with my help.
Mighty powerful we are.
On Thursday, CNN business reporter Nicole Goodkind asked Powell to clarify what the housing “reset” means. Here’s his long-winded response.
“When I say reset, I’m not looking at a particular specific set of data. What I’m really saying is that we’ve had a time of a red-hot housing market all over the country, where famously houses were selling to the first buyer at 10% above the ask even before seeing the house. That kind of thing. So there was a big imbalance between supply and demand. Houses were going up at an unsustainable fast level. So the deceleration in housing prices that we’re seeing should help to bring prices more closely in line with rents and other housing market fundamentals. That is a good thing. For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level and at a reasonable pace and that people can afford houses again. We probably in the housing market have to go through a correction to get back to that place. There are also longer-run issues with the housing market. As you know, it is difficult to find lots now close enough to cities, so builders are having a hard time getting zoning and lots and workers and materials and things like that. But from a business cycle standpoint, this difficult [housing] correction should put the housing market back into better balance,” Powell told reporters on Wednesday.
While the slowdown started out mild, it has since intensified. On a year-over-year basis, new home sales and existing home sales are now down 29.6% and 19.9%.
That sharp housing slowdown isn’t a normalized market—it’s a housing correction. At least that’s according to Powell.
“For the longer term what we need is supply and demand to get better aligned so that housing prices go up at a reasonable level and at a reasonable pace and that people can afford houses again. We probably in the housing market have to go through a correction to get back to that place,” Powell said on Wednesday. “This difficult [housing] correction should put the housing market back into better balance.”
This housing correction, of course, has already started.
https://news.yahoo.com/federal-finally-let-us-know-093137118.html
He’s not really very coherent.
His diaper is probably soaked and touching his thighs.
“We probably in the housing market have to go through a correction to get back to that place,” Powell said on Wednesday.
This guy is so bright ‘ya gotta wear shades!
Luxury home sales see record-breaking plunge amid soaring rates, economic jitters
The 28% free-fall was easily the most precipitous drop ever recorded since Redfin began analyzing the metric in 2012. The prior mark was 23%, set at the beginning of the pandemic in 2020 as lockdowns took hold and the real estate market seized up.
Sales of non-luxury homes also saw an unprecedented dip of 19.5% over the same stretch, according to the report.
Pricey California cities saw the most marked drops in luxury sales, with Oakland notching a staggering 63.9% slide and San Jose a 59.6% decrease.
Miami, which has seen stratospheric price hikes in recent years, had the third biggest dip in luxury sales at 55%.
https://nypost.com/2022/09/22/luxury-home-sales-plunge-amid-soaring-rates-economic-jitters/
For anyone else wondering, Redfin defines luxury homes as being in the top 5% in terms of asking price.
After years of being red hot, the market is still active with consistent demand, Sibcy Cline Anderson vice president and sales manager Liz Juszczyk said. The median sales price is up more than eight percent year over year, according to Realtor Alliance of Cincinnati.
Juszczyk says it’s still a seller’s market. Juszczyk said her biggest piece of advice for sellers is to properly price their property or home instead of relying on exaggerated pricing. She said that phase of the red-hot market is starting to shift towards a more realistic stable period.
“For past several years, we have seen people offering 15, 20, 30 $80,000 over list price to secure it, multiple offers etc. that push up that sale price. So that is settling down a little bit we are calling that ‘the market shift,'” Juszczyk said.
https://www.wlwt.com/article/cincinnati-housing-market-interest-rates-buying-a-home/41335497#
Zandi believes the housing market is already in a correction, which could increase home inventory as the volume of sales declines.
He said there are now 210 out of the top 400 housing markets across the country that are “significantly overvalued” — or overvalued by more than 25%.
“I think this will play out over the next couple of years, and it will be through mid-decade until things bottom out,” Zandi tells USA TODAY.
https://www.msn.com/en-us/money/realestate/housing-market-correction-heres-what-experts-think-is-ahead-for-the-real-estate-market/ar-AA128hgA
Yer a perma bear Ho Chi Zandi.
Ultimately, home prices are coming down as a result of higher rates and sellers reacting to lower demand is a “good thing,” Federal Reserve Chairman Jerome Powell said during a Wednesday press conference when they announced the rate hikes.
“Housing prices were going up at an unsustainably fast level,” Powell said.
“For the longer term, what we need is supply and demand to get better aligned, so that housing prices go up at a reasonable level … and that people can afford houses again,” he added. “The housing market may have to go through a correction to get back to that place.”
https://www.msn.com/en-us/money/realestate/e2-80-98the-housing-market-may-have-to-go-through-a-correction-e2-80-99-mortgage-rates-hit-629-25-freddie-mac-says/ar-AA127Rd6
so that housing prices go
up atdown to a reasonable level … and that people can afford houses againWith Toronto’s rental market being as pricey and pinched for supply as it presently is, there have been a glut of listings for what some would deem “horror apartments” that boast ridiculously sub-par living situations.
But, at least these types of units usually come cheap compared to what’s out there, even if they are a perfect example of “getting what you pay for.”
On the opposite end is one new listing that for some reason advertises over-the-top luxury pricing for what is an extremely average condo unit near College and Bay Streets. The one-bedroom, one-bathroom, 610-square-foot apartment is indeed close to a ton of amenities in the heart of downtown, has a parking spot and also comes fully furnished — albeit with furniture and decor that is really nothing speical — but even so, its price tag of just shy of $8k per month seems a little unrealistic.
https://www.blogto.com/real-estate-toronto/2022/09/someone-toronto-charging-8k-month-rent-one-bedroom-apartment/
“Confusion and trepidation were the watchwords in the North American lumber market as the post-Labour Day litmus test was unclear as yet.” — according to the report.
Traders of Western S-P-F commodities in the United States remained unsure about the direction of the market after a puzzling post-Labour Day week. Buyers showed no more urgency than they did through August, despite their extremely light inventories. As one veteran player noted, it seemed like everyone was waiting for everyone else to make the first move.
Confusion and trepidation were the watchwords in the North American lumber market at large, and Western S-P-F was no exception. Scattered reports came in from motivated buyers of substantial discounts at the sawmill level. Meanwhile, the distribution network appeared to be adequately supplied for the moment, with customers turning to secondaries when they needed quick shipment – albeit at firmer prices. Transportation has been a low-key bright spot lately, with relatively smooth delivery times and decreasing freight rates as fuel prices continue to stabilize — and even drop in some regions.
“Demand for green Douglas-fir was very slow again, dashing the hopes of suppliers who looked forward to September as a potential jumping-off point to better business. Buyers refused to purchase more than they needed. Resultant sales were sluggish, to say the least,” according to the report.
https://www.woodworkingnetwork.com/news/woodworking-industry-news/madisons-reporter-lumber-prices-drop-september-marches
Phoenix, AZ Housing Prices Crater 13% YOY As Arizona Sellers Capitulate And Demand Collapses
https://www.movoto.com/az/85006/market-trends/
As one Phoenix area broker explained, “We’ve had a lot of broke people buying houses over the past 15 years. They all paid too much.”
Josh Barro slams Gavin Newsom as ‘gross and embarrassing,’ says ‘sleazy’ governor will never be president
The liberal journalist said that even Kamala Harris would make a better candidate
In a new article from his website, entitled “Gavin Newsom Is Gross and Embarrassing and Will Never Be President,” the self-described neoliberal journalist criticized Newsom for his recent decision to disperse re-election funds to erect billboards in South Carolina and six other states.
The billboards, which read “California is ready to help,” direct those in red states to information on access to abortion, but really amount to using women as a “prop” to bolster Newsom’s public image, according to Barro. Furthermore, Newsom’s proposal to debate DeSantis on CNN similarly does nothing to address immigration, and merely serves to “draw attention” to the California governor.
But, above all, Barro just thinks Newsom is a bad candidate for any election, outside of running against a Republican in deep blue California. The LA-based journalist slammed the governor as “replacement-level liberal” Democrat who lacks an appealing backstory, ideology or dedicated support base, and for that reason resorts to PR stunts designed to appeal to “core MSNBC viewers.”
Barro laid out a massive list of Newsom’s past scandals, including an affair with the wife of his close friend and campaign manager, a past relationship with a girl too young to drink, and the infamous dinner at The French Laundry hours after telling Californians not to gather for the holiday during COVID-19.
https://www.foxnews.com/media/josh-barro-slams-gavin-newsom-gross-embarrassing-sleazy-governor-never-president
‘a past relationship with a girl too young to drink’
Newsom’s ex, Kimberly Guilfoyle, has got to be feeding good dirt to Don Jr.
“The liberal journalist said that even Kamala Harris would make a better candidate…”
Lost me right there. Hehe.
More Bay Area companies are announcing cutbacks and layoffs. The clothing company Gap says they will eliminate 500 corporate jobs in San Francisco and New York. The news has many concerned about a possible recession. Last week, American Airlines said that more than 400 flight attendants from the Bay Area would be relocated to other states.
Tech insiders say Google, along with Facebook’s parent company META are slimming down and restructuring some departments. “In the old days they called it layoffs, now they call it restructuring,” said ABC 7 News insider Phil Matier. “COVID is over but now we have uncertain economic times. I don’t care whether you’re tech, airlines, or clothing, it all spells the same thing, tighten your belt and get smart on where your money is and your workers.”
https://abc7news.com/san-francisco-layoffs-sf-companies-cutting-back-california-economy-labor-market/12249065/
Why locate your business in San Francisco when vibrants are breaking-out your car windows, the homeless are leaving cow-pies and used needles on the sidewalk and the rent is too high?
Stock futures crater as Fed, growth fears intensify
https://finance.yahoo.com/news/stock-market-news-live-updates-september-23-2022-105526854.html
Volkswagen Warns of Production Shift From Germany Over Gas Shortage
https://www.yahoo.com/now/volkswagen-may-move-production-eastern-062038699.html
Please bring the ID.3 to the US!
Volkswagen Warns of Production Shift From Germany Over Gas Shortage
Not that trivial to do. Sure, they can increase production Spain or wherever, the parts don’t grow on trees. All it takes is for a few Germany based suppliers to not be able to shift production and those assembly lines will come to a grinding halt.
Even worse, some of those suppliers provide parts to non German brands, which means North American and Asian brands could also be impacted.
Good times.
CRATER ALERT CRATER ALERT CRATER ALERT
Winter Park, FL Housing Prices Crater 24% YOY As The Bottom Drops Out Of US Housing Market
https://www.movoto.com/winter-park-fl/market-trends/