A report from WFAE in North Carolina. "Charlotte real estate agent Maceon McCracken said that…
This Post Has 29 Comments
From the first 4 minute video:
Austin Real Estate Market [housing report October 7, 2022]
Oct 8, 2022 In this weeks Austin Real Estate Market housing report we look at the current numbers and compare them to the same time a year ago. A lot has changed when you compare the two Austin housing reports and if you are looking at buying in Austin then you really need to know the numbers and understand what they mean.
The second 13:45 video:
Buyers Market & Low Rates Living in North Dallas Texas?Oct 8, 2022 Are you thinking about moving to North Dallas Texas? Let’s explore North Dallas Texas today! In today’s video I am going to be telling you all about the Buyers Market & Low Rates.
The last 11 minute video:
Car Salesmen Flee Failing Dealerships As The Car Market Collapse Escalates
Oct 9, 2022 Today I go over the current state of the car market and the recent exodus of car salesmen and car sales managers!
“Today I go over the current state of the car market and the recent exodus of car salesmen and car sales managers!”
Accurate, but whew, this guy takes the long way around the barn. I doubt he could sell a mint classic to Jay Leno.
Woman…. Don’t just stand there with your teeth hanging out….. get moving!
‘I’d picked just about the worst possible time to buy a house’
The Times|1 day ago
Getting on the property ladder should be exciting, but after the mini-budget debacle all Hannah Al-Othman felt was worry
Property prices dropping across Gold Coast following ‘delusional’ property price spike, writes Ann Wason Moore
The Courier-Mail|14 hours ago
From Tugun to Coomera, from Burleigh to Worongary, from Robina to Runaway Bay … property prices are dropping. Across the Coast you can see it – $100k here, $200k there, everywhere you look, the asking price of sellers is going unanswered.
House price plunge ‘could see four in 10 Tory voters deserting Liz Truss’
The Daily Telegraph on MSN.com|12 hours ago
Findings will send further jitters through Conservative back benches amid growing fears of electoral wipeout in 2024
Banks are raising mortgage rates to get ahead of expected Bank of England rate rises, with money markets pricing in benchmark rates hitting nearly 6% next year, based on Refinitiv data. But the higher rates will hit borrowers hard.
“Everyone who rolls off fixed on to variable, or fixed on to a new fixed rate, is going to see their monthly payments go up so dramatically on top of what’s going on already around food and energy costs,” said Jim Leaviss, CIO of public fixed income at investment manager M&G.
“It is hard to see that we won’t see a substantial slowdown in economic activity over the coming months and indeed throughout 2023,” he added.
British lenders have held talks with industry trade body UK Finance about forbearance options for struggling customers, the trade body told Reuters, adding it was ready to react as required.
The senior banker said that while mortgage defaults were still low – home loans were typically the last commitment consumers fell behind on – they were not complacent. “We expect it to be larger scale than normal, and it’s not started yet.”
“Everyone who rolls off fixed on to variable, or fixed on to a new fixed rate, is going to see their monthly payments go up so dramatically on top of what’s going on already around food and energy costs,” said Jim Leaviss, CIO of public fixed income at investment manager M&G.
Imagine the monthly payment going up so much that it takes your entire paycheck to cover it.
Sound lending! No avocado sammies fer you!
While it’s normal to see a slight seasonal slowdown in August, as many families are already settled where they need to be for school, the rental market hasn’t picked up after it as usual, noted Bonnie Smetzer, executive vice president of Asset Living, a company that manages rental units all throughout Florida.
“The slowdown I noticed across my entire portfolio and hearing from others is that we started seeing a pullback on new leases. We are seeing that rents that were being increased are being held or even reduced,” she said.
Economist and member of the Reserve Bank of Zimbabwe Monetary Policy Committee Mr Persistence Gwanyanya said the country is now into a new era of price correction and the economy is right-sizing, as monetary and fiscal policy measures implemented by the authorities take effect.
“The era of easy money — often gotten through extortionate pricing on Government contracts and tenders — has come to an end as Treasury religiously implements value for money processes,” said Mr Gwanyanya.
Members of the public have welcomed the slashing of the prices, saying they can now afford to buy more in the local currency. “I want to thank the Government for intervening. Prices have gone down and basic commodities are readily available. We like the situation and we hope it continues,” said Ms Violet Sibanda (30) of Sunningdale, Harare.
Her sentiments were echoed by Mr Shadreck Shumba, a vendor in the CBD: “There are many promotions being offered by all the big shops. Surely, prices are going down. Just this morning, I bought my daughter a soft drink and a burger, both for just $680. I want to thank our Government for its hard work in terms of addressing this issue,” he said.
Ten days after Hurricane Ian tore through his small, tight-knit waterfront community of Fort Myers Beach with a storm surge estimated as high as 18 feet, Jerry Altrip boarded a bus and made his way back from the mainland across the causeway that connects to the small barrier island.
The long-time island resident told NBC Nightly News reporter Kathy Park that he remained hopeful his property had somehow survived the hammering winds and roiling waters that plowed through the “little island” that he “loved.”
It didn’t.
“My house is gone,” Altrip told the reporter. “Lot of good memories.”
“The island was covered in 12 to 18 feet of storm surge,” Fort Myers Mayor Ray Murphy said Saturday.
That news video shows palm trees snapped-off at the trunk, palm trees! And reading about that level of storm surge just doesn’t do it justice; you have to be there, experience it first hand.
According to Tyler Hoover — who runs the Hoovie’s Garage YouTube channel with 1.4 million subscribers — an electric pickup truck might not be a great option if you need to tow something.
In a recent video, Hoover tried to tow an old 1930s Ford pickup with his brand new Ford F-150 Lightning. The test didn’t go well, as the new electric truck used up way more range than expected.
“If a truck towing 3,500 pounds can’t even go 100 miles … that is ridiculously stupid. This truck can’t do normal truck things,” Hoover says.
The video, titled “Towing with my Ford Lightning EV Pickup was a TOTAL DISASTER!” has now amassed more than 2.3 million views.
“You would be stopping every hour to recharge, which would take about 45 minutes a pop, and that is absolutely not practical.”
an electric pickup truck might not be a great option if you need to tow something.
It’s amazing how companies in a rush to do the “next thing” don’t even think about the minimum requirements for that thing. Trucks should be able to tow, they just should. How did they not think about this?
wow – i honestly never thought about that.
So it is the fake contractors with just a briefcase that will continue to buy F150 EVs, and the real contractors doing real work on housing sites that will continue to have ICE engines.
This is just dumb people foisting bad ideas on more dumb people. The reality is, anyone in the transportation biz doesnt even use gasoline to move material. It’s all rolling coal. And until there is a perpetual motion machine available, moving material will always be rolling coal.
Jonesy… remember your frequent jabs at flying cars and electric airplanes? I really wonder if anyone understood. You’d have to have failed high school physics to buy into the electric car lie. Take a look at the electric cars on the road (maintain a safe distance from them) and you can be 99% certain the driver/owner is one of the dumbest persons on the planet.
you can be 99% certain the driver/owner is
Smug
My cost to replace a rotted out steel or punctured aluminum or HDPE fuel tank, is about $500 and change. Their cost to replace a worn out battery after 40k miles? $23k. And they get to sweat their ass off in the summer and freeze in the winter for those 40k miles.
Smug
They will remind you several times about their 0-60 times. Sure, a fast car can be fun; but really, where can you drive it like that? It’s a good way to get a fistful of speeding tickets. Heck, my ICE car has enough power to get me into trouble.
I saw a TV ad for some kind of Mercedes Benz EV. The entire dash, from door to door, was a display panel. And not rectangular panels either. You just know those things won’t last and will cost a king’s ransom to replace, assuming you can even get the parts.
Of course people don’t buy Benzes to keep them for 10-20 years. Once they are out of warranty they are throwaway cars, as they break a lot and are very expensive to repair.
As one San Jose broker explained, “Housing prices are falling as fast or faster than rental rates all across the bay area. Better hope you didn’t pay too much.”
From the first 4 minute video:
Austin Real Estate Market [housing report October 7, 2022]
Oct 8, 2022 In this weeks Austin Real Estate Market housing report we look at the current numbers and compare them to the same time a year ago. A lot has changed when you compare the two Austin housing reports and if you are looking at buying in Austin then you really need to know the numbers and understand what they mean.
The second 13:45 video:
Buyers Market & Low Rates Living in North Dallas Texas?Oct 8, 2022 Are you thinking about moving to North Dallas Texas? Let’s explore North Dallas Texas today! In today’s video I am going to be telling you all about the Buyers Market & Low Rates.
The last 11 minute video:
Car Salesmen Flee Failing Dealerships As The Car Market Collapse Escalates
Oct 9, 2022 Today I go over the current state of the car market and the recent exodus of car salesmen and car sales managers!
“Today I go over the current state of the car market and the recent exodus of car salesmen and car sales managers!”
Accurate, but whew, this guy takes the long way around the barn. I doubt he could sell a mint classic to Jay Leno.
Neil Young looks terrible.
https://twitter.com/RudyHavenstein/status/1457239022485401600
That’s Alice Cooper without the makeup.
Woman…. Don’t just stand there with your teeth hanging out….. get moving!
‘I’d picked just about the worst possible time to buy a house’
The Times|1 day ago
Getting on the property ladder should be exciting, but after the mini-budget debacle all Hannah Al-Othman felt was worry
Property prices dropping across Gold Coast following ‘delusional’ property price spike, writes Ann Wason Moore
The Courier-Mail|14 hours ago
From Tugun to Coomera, from Burleigh to Worongary, from Robina to Runaway Bay … property prices are dropping. Across the Coast you can see it – $100k here, $200k there, everywhere you look, the asking price of sellers is going unanswered.
House price plunge ‘could see four in 10 Tory voters deserting Liz Truss’
The Daily Telegraph on MSN.com|12 hours ago
Findings will send further jitters through Conservative back benches amid growing fears of electoral wipeout in 2024
Banks are raising mortgage rates to get ahead of expected Bank of England rate rises, with money markets pricing in benchmark rates hitting nearly 6% next year, based on Refinitiv data. But the higher rates will hit borrowers hard.
“Everyone who rolls off fixed on to variable, or fixed on to a new fixed rate, is going to see their monthly payments go up so dramatically on top of what’s going on already around food and energy costs,” said Jim Leaviss, CIO of public fixed income at investment manager M&G.
“It is hard to see that we won’t see a substantial slowdown in economic activity over the coming months and indeed throughout 2023,” he added.
British lenders have held talks with industry trade body UK Finance about forbearance options for struggling customers, the trade body told Reuters, adding it was ready to react as required.
The senior banker said that while mortgage defaults were still low – home loans were typically the last commitment consumers fell behind on – they were not complacent. “We expect it to be larger scale than normal, and it’s not started yet.”
https://www.msn.com/en-gb/money/other/analysis-british-banks-mortgage-payday-comes-with-sting-in-the-tail/ar-AA12Mnwo
“Everyone who rolls off fixed on to variable, or fixed on to a new fixed rate, is going to see their monthly payments go up so dramatically on top of what’s going on already around food and energy costs,” said Jim Leaviss, CIO of public fixed income at investment manager M&G.
Imagine the monthly payment going up so much that it takes your entire paycheck to cover it.
Sound lending! No avocado sammies fer you!
While it’s normal to see a slight seasonal slowdown in August, as many families are already settled where they need to be for school, the rental market hasn’t picked up after it as usual, noted Bonnie Smetzer, executive vice president of Asset Living, a company that manages rental units all throughout Florida.
“The slowdown I noticed across my entire portfolio and hearing from others is that we started seeing a pullback on new leases. We are seeing that rents that were being increased are being held or even reduced,” she said.
https://www.msn.com/en-us/money/realestate/rising-rent-prices-are-finally-easing-in-south-florida-e2-80-94-but-there-e2-80-99s-a-catch/ar-AA12KX1i
Economist and member of the Reserve Bank of Zimbabwe Monetary Policy Committee Mr Persistence Gwanyanya said the country is now into a new era of price correction and the economy is right-sizing, as monetary and fiscal policy measures implemented by the authorities take effect.
“The era of easy money — often gotten through extortionate pricing on Government contracts and tenders — has come to an end as Treasury religiously implements value for money processes,” said Mr Gwanyanya.
Members of the public have welcomed the slashing of the prices, saying they can now afford to buy more in the local currency. “I want to thank the Government for intervening. Prices have gone down and basic commodities are readily available. We like the situation and we hope it continues,” said Ms Violet Sibanda (30) of Sunningdale, Harare.
Her sentiments were echoed by Mr Shadreck Shumba, a vendor in the CBD: “There are many promotions being offered by all the big shops. Surely, prices are going down. Just this morning, I bought my daughter a soft drink and a burger, both for just $680. I want to thank our Government for its hard work in terms of addressing this issue,” he said.
https://www.zimbabwesituation.com/news/reality-check-as-prices-continue-to-fall/
Ten days after Hurricane Ian tore through his small, tight-knit waterfront community of Fort Myers Beach with a storm surge estimated as high as 18 feet, Jerry Altrip boarded a bus and made his way back from the mainland across the causeway that connects to the small barrier island.
The long-time island resident told NBC Nightly News reporter Kathy Park that he remained hopeful his property had somehow survived the hammering winds and roiling waters that plowed through the “little island” that he “loved.”
It didn’t.
“My house is gone,” Altrip told the reporter. “Lot of good memories.”
https://www.msn.com/en-us/news/us/fort-myers-beach-residents-return-to-ravaged-island-no-power-water-destroyed-homes/ar-AA12MdhQ
“The island was covered in 12 to 18 feet of storm surge,” Fort Myers Mayor Ray Murphy said Saturday.
That news video shows palm trees snapped-off at the trunk, palm trees! And reading about that level of storm surge just doesn’t do it justice; you have to be there, experience it first hand.
According to Tyler Hoover — who runs the Hoovie’s Garage YouTube channel with 1.4 million subscribers — an electric pickup truck might not be a great option if you need to tow something.
In a recent video, Hoover tried to tow an old 1930s Ford pickup with his brand new Ford F-150 Lightning. The test didn’t go well, as the new electric truck used up way more range than expected.
“If a truck towing 3,500 pounds can’t even go 100 miles … that is ridiculously stupid. This truck can’t do normal truck things,” Hoover says.
The video, titled “Towing with my Ford Lightning EV Pickup was a TOTAL DISASTER!” has now amassed more than 2.3 million views.
“You would be stopping every hour to recharge, which would take about 45 minutes a pop, and that is absolutely not practical.”
https://finance.yahoo.com/news/truck-t-normal-truck-things-143000359.html
an electric pickup truck might not be a great option if you need to tow something.
It’s amazing how companies in a rush to do the “next thing” don’t even think about the minimum requirements for that thing. Trucks should be able to tow, they just should. How did they not think about this?
wow – i honestly never thought about that.
So it is the fake contractors with just a briefcase that will continue to buy F150 EVs, and the real contractors doing real work on housing sites that will continue to have ICE engines.
This is just dumb people foisting bad ideas on more dumb people. The reality is, anyone in the transportation biz doesnt even use gasoline to move material. It’s all rolling coal. And until there is a perpetual motion machine available, moving material will always be rolling coal.
Jonesy… remember your frequent jabs at flying cars and electric airplanes? I really wonder if anyone understood. You’d have to have failed high school physics to buy into the electric car lie. Take a look at the electric cars on the road (maintain a safe distance from them) and you can be 99% certain the driver/owner is one of the dumbest persons on the planet.
you can be 99% certain the driver/owner is
Smug
My cost to replace a rotted out steel or punctured aluminum or HDPE fuel tank, is about $500 and change. Their cost to replace a worn out battery after 40k miles? $23k. And they get to sweat their ass off in the summer and freeze in the winter for those 40k miles.
Smug
They will remind you several times about their 0-60 times. Sure, a fast car can be fun; but really, where can you drive it like that? It’s a good way to get a fistful of speeding tickets. Heck, my ICE car has enough power to get me into trouble.
I saw a TV ad for some kind of Mercedes Benz EV. The entire dash, from door to door, was a display panel. And not rectangular panels either. You just know those things won’t last and will cost a king’s ransom to replace, assuming you can even get the parts.
Of course people don’t buy Benzes to keep them for 10-20 years. Once they are out of warranty they are throwaway cars, as they break a lot and are very expensive to repair.
South Park S10 E02 Smug Alert | Aired on March 29, 2006
https://www.youtube.com/watch?v=AnFAAdOBB1c
“global laming” 🤣
😀
I know what color I’ll be looking for in a car next time.
https://files.catbox.moe/cawrx3.png
An F-150 is a station wagon, not a real pickup truck.
I suppose there are things you can do with an F-150 that you couldn’t do with a Vista Cruiser.
Great for the wet dog, or a couple bags of potting soil.
Al half tons are minivans with a box on the back. Chevy/Ford/Toyota.
San Jose, CA Housing Prices Crater 29% YOY As Rental Rates Plummet And Vacancies Soar Across Bay Area
https://www.movoto.com/ca/95122/market-trends/
As one San Jose broker explained, “Housing prices are falling as fast or faster than rental rates all across the bay area. Better hope you didn’t pay too much.”