It's Friday desk clearing time for this blogger. "After a hefty price cut, Italian fashion…
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From the first 10 minute video:
Venice Housing Market Update l Venice, CA
Eric Hass
Oct 22, 2022 Venice Housing Market Update Is Now Showing Signs That The Market Has Finally Started To Cool Off On The Westside Of Los Angeles & More Importantly In Venice California?
The second 7:31 video:
Will the Atlanta housing market crash?
Oct 21, 2022 Rates are skyrocketing, prices are going down. Is the Atlanta Housing Market going to crash in 2022? Is this the worst time to buy a house, or could it be the best time? Watch this video to find out if now you missed your opportunity to buy a home or if now could be the perfect time to buy.
The third 10 minute video:
Interest Rates Pass 7%. How did Portland’s Real Estate Market React – Crash and Burn?!!
Ron Milligan
Oct 21, 2022 October 21, 2022 – Here’s the latest update on the Portland Oregon real estate market.
Feels like stagnation might be setting in? Maybe these are the numbers are showing signs of a big housing crash on the horizon? Here are the recent market stats plotted out on graphs to help give us a better idea of the overarching trends. Watch on!
The last 14 minute video:
Mortgage FRAUD in Canada | The consequences 🙅‍♂️
Grow with Nav
Oct 19, 2022 Mortgage fraud is becoming an increasingly prevalent problem in Canada. With the recent CBC news expose, it’s easy to see how people can easily fall victim to this type of fraud. The consequences of being involved in mortgage fraud can be very severe, including deportation from the country, jail time, and a fine of up to $50,000. This type of fraud is becoming more and more common, and it’s important to be aware of the dangers involved.Watch this video till the end to know more.
“Here’s the latest update on the Portland Oregon real estate market.”
A former co-worker moved to Portland about three years ago, and she bought a smallish remodel in an established safe neighborhood. I’m pretty confident that the principal portion of the payments has already disappeared, and the increasing interest rates will gnaw into her down payment.
Vacation Rental Company Vacasa Slashes 280 Employees—Here Are The Biggest U.S. Layoffs This Year
Forbes|13 hours ago
Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
El Paso realtor: “I don’t think the alarm should be sounded,” on falling housing market
In this short video, they have a for sale sign that says ‘be the sexy neighbor’. Kinda strange.
“Once prices go up, once interest rates goes up, you’re going to be able to buy a smaller home than you can now,” Calzada said.
Say what? LOL. It’s always a great time to buy!
Miami’s real estate market is slowing down, according to the latest data from Redfin.
Why it matters: After two-plus years of plummeting inventory and sky-high home prices, Miami buyers can finally get some relief.
What’s happening: Homes sales are decreasing; inventory is increasing.
“Buyers and sellers are trying to grasp the ever-changing economic conditions,” Fernando Arencibia Jr., board chairman of the Miami Association of Realtors, told Axios.
Yes, but: Arencibia expects Miami’s real estate market will hold strong as the city continues to see an influx of wealthy international buyers and “homebuyers from high-tax, high-density states,” he said.
The other side: Mortgage rates are above 6% for 30-year loans, which has pushed monthly payments drastically higher than they would’ve been a year ago, or even six months ago.
Even as housing prices fall, monthly payments might put ownership out of reach for many.
For example, a $600,000, 30-year loan costs $1,142 more a month than it did in 2021.
By the numbers: The market has steadily cooled since May, when median home prices peaked at $490,000 and 33.4% of listings sold for more than the asking price, per Redfin.
In September, the median home sales price was $475,000, and only 18.8% of homes sold above list price.
Inventory is down 12.3% year over year but has increased from record lows earlier in 2022.
Closed sales are down 31.4% compared with this time last year.
Price reductions are also rising. In May, 12.4% of listings reduced their original asking price; in September, that number jumped to 18.2%.
“I Co-Signed On A Truck For A Boyfriend”: People Are Revealing The Costly Mistakes They Regret The Most, And It’s Painful
5.”Tried messing with stocks out of boredom during Covid. Ended up getting into options and getting myself in a hole. Instead of accepting my losses, I continued to make more risky investments, if you can even call them that. Ended up losing about $20k or so over the course of eight months. I was engaged when I started getting into this and got married about halfway through and did all of this without my now-wife’s knowledge.”
“We decided to start looking into buying a house and I had to come clean prior to applying for loans, so that I didn’t cause some long-lasting damage to us financially. It was a rough conversation and we ended up moving in with my in-laws as we try to recoup my losses and buy a house down the road.
Was definitely a tough stretch of life. Thankfully, my wife had enough forgiveness to let me make things right. We both have good jobs and it wasn’t really a life-altering mistake when all things are considered. In therapy now to deal with the mental and marital issues that arise throughout the process.
I strongly advise anyone in a similar situation to cut your losses and have the difficult conversations sooner rather than later.”
“In therapy now to deal with the mental and marital issues that arise throughout the process.”
Can ‘ya get it up yet? 🙂
Beyond Meat Cut 20% of Its Workforce, and More Bad News Is Coming
The Motley Fool on MSN.com|22 hours ago
Beyond Meat says it will slash almost 20% of its workforce to save money. Rampant inflation is hitting sales hard as consumers trade down to cheaper proteins. The faux meat company still has plenty of cash available despite its rapid cash burn.
The faux meat company still has plenty of cash available despite its rapid cash burn.
Famous last words
cash available
Perhaps fake as well.
“Beyond Meat says it will slash almost 20% of its workforce to save money.”
That’s more than their advertised fat content. Yikes!
The near-term implications also worry Nicole Hoffmeister Kraut, minister of economic affairs for the state of Baden-WĂĽrttemberg. The car industry-heavy area is where companies like Porsche and Mercedes-Benz have their headquarters.
“It comes already too late because we hear from our partners that some companies have already given up. They are not insolvent but they see no prospects due to the high energy prices,” she said.
All because the dancing cowgirl won’t negotiate. You know he was, then globalist scum Boris Johnson flew in and talked him out of it. Snatching defeat away from the claws of victory. Get yer warm socks ready europistan.
Ukraine war: ‘Massive new strike’ targets energy grid as 1.5 million left without power
And the communist media liars wheel out a big batch of boo hoo. Not one of those maggots tells the whole story. It’s as if Ukraine came into existence a mere 8 months ago.
Massive new strike’ targets energy grid as 1.5 million left without power
No power in the Winter is going to be a hoot
Many of the civilian buildings have been damaged, some heavily, so heating them was impossible anyway.
OTOH, there’s something like 80k to 90k Russian soldiers who are now cut-off from the homeland and reinforcements. The latest U.S. munition carried by the M31 Guided MLRS rocket fires nearly 180,000 tungsten carbide pellets, shotgun like, at such extreme velocities that they are capable of penetrating 3 meters of soil, improvised bunkers and lightly armored vehicles meaning combatants are killed or wounded despite their best efforts of concealment. Best of all, there’s no un-exploded bomb-lets left behind as is the case with cluster munitions. This week’s special: more hamburger helper.
Many of the civilian buildings have been damaged, some heavily, so heating them was impossible anyway.
But now the undamaged ones will be just as cold.
In addition to looting civilian property the Russian troops have cut power and water lines, removed street signs, shot out windows, etc., making dad to day life miserable if not impossible. But Ukraine is a huge country, and the damage inflicted so far has been largely in the eastern region. Their behavior really hasn’t changed since WWII, and reminds me of the book, The Last Battle by Cornelius Ryan, when the Russians made their way into Berlin.
removed street signs
Now that these places are part of Russia, won’t they have to put them back?
“Now that these places are part of Russia, won’t they have to put them back?”
“It comes already too late because we hear from our partners that some companies have already given up. They are not insolvent but they see no prospects due to the high energy prices,” she said.
This is going to be earth shattering. Most of the electorate bought the lie that they were saving the world by voting for the greens. Now they will get to watch their country collapse and be bought up by the WEF/Davos crowd for a penny on the Euro. And then to add insult to injury, the WEF will up the ante on mass immigration, and the Germans will get to watch in real time as they are replaced by foreigners and their country is transformed into a 3rd World sh!thole. And they can forget about fleeing, because no other country will take them.
From the first 10 minute video:
Venice Housing Market Update l Venice, CA
Eric Hass
Oct 22, 2022 Venice Housing Market Update Is Now Showing Signs That The Market Has Finally Started To Cool Off On The Westside Of Los Angeles & More Importantly In Venice California?
The second 7:31 video:
Will the Atlanta housing market crash?
Oct 21, 2022 Rates are skyrocketing, prices are going down. Is the Atlanta Housing Market going to crash in 2022? Is this the worst time to buy a house, or could it be the best time? Watch this video to find out if now you missed your opportunity to buy a home or if now could be the perfect time to buy.
The third 10 minute video:
Interest Rates Pass 7%. How did Portland’s Real Estate Market React – Crash and Burn?!!
Ron Milligan
Oct 21, 2022 October 21, 2022 – Here’s the latest update on the Portland Oregon real estate market.
Feels like stagnation might be setting in? Maybe these are the numbers are showing signs of a big housing crash on the horizon? Here are the recent market stats plotted out on graphs to help give us a better idea of the overarching trends. Watch on!
The last 14 minute video:
Mortgage FRAUD in Canada | The consequences 🙅‍♂️
Grow with Nav
Oct 19, 2022 Mortgage fraud is becoming an increasingly prevalent problem in Canada. With the recent CBC news expose, it’s easy to see how people can easily fall victim to this type of fraud. The consequences of being involved in mortgage fraud can be very severe, including deportation from the country, jail time, and a fine of up to $50,000. This type of fraud is becoming more and more common, and it’s important to be aware of the dangers involved.Watch this video till the end to know more.
“Here’s the latest update on the Portland Oregon real estate market.”
A former co-worker moved to Portland about three years ago, and she bought a smallish remodel in an established safe neighborhood. I’m pretty confident that the principal portion of the payments has already disappeared, and the increasing interest rates will gnaw into her down payment.
Vacation Rental Company Vacasa Slashes 280 Employees—Here Are The Biggest U.S. Layoffs This Year
Forbes|13 hours ago
Forbes is tracking the biggest layoffs in the U.S. this year as companies react to fears of a looming recession.
El Paso realtor: “I don’t think the alarm should be sounded,” on falling housing market
https://www.msn.com/en-us/money/realestate/el-paso-realtor-i-don-t-think-the-alarm-should-be-sounded-on-falling-housing-market/ar-AA13gMYS
In this short video, they have a for sale sign that says ‘be the sexy neighbor’. Kinda strange.
“Once prices go up, once interest rates goes up, you’re going to be able to buy a smaller home than you can now,” Calzada said.
Say what? LOL. It’s always a great time to buy!
Miami’s real estate market is slowing down, according to the latest data from Redfin.
Why it matters: After two-plus years of plummeting inventory and sky-high home prices, Miami buyers can finally get some relief.
What’s happening: Homes sales are decreasing; inventory is increasing.
“Buyers and sellers are trying to grasp the ever-changing economic conditions,” Fernando Arencibia Jr., board chairman of the Miami Association of Realtors, told Axios.
Yes, but: Arencibia expects Miami’s real estate market will hold strong as the city continues to see an influx of wealthy international buyers and “homebuyers from high-tax, high-density states,” he said.
The other side: Mortgage rates are above 6% for 30-year loans, which has pushed monthly payments drastically higher than they would’ve been a year ago, or even six months ago.
Even as housing prices fall, monthly payments might put ownership out of reach for many.
For example, a $600,000, 30-year loan costs $1,142 more a month than it did in 2021.
By the numbers: The market has steadily cooled since May, when median home prices peaked at $490,000 and 33.4% of listings sold for more than the asking price, per Redfin.
In September, the median home sales price was $475,000, and only 18.8% of homes sold above list price.
Inventory is down 12.3% year over year but has increased from record lows earlier in 2022.
Closed sales are down 31.4% compared with this time last year.
Price reductions are also rising. In May, 12.4% of listings reduced their original asking price; in September, that number jumped to 18.2%.
https://www.axios.com/local/miami/2022/10/22/real-estate-market-miami
“I Co-Signed On A Truck For A Boyfriend”: People Are Revealing The Costly Mistakes They Regret The Most, And It’s Painful
5.”Tried messing with stocks out of boredom during Covid. Ended up getting into options and getting myself in a hole. Instead of accepting my losses, I continued to make more risky investments, if you can even call them that. Ended up losing about $20k or so over the course of eight months. I was engaged when I started getting into this and got married about halfway through and did all of this without my now-wife’s knowledge.”
“We decided to start looking into buying a house and I had to come clean prior to applying for loans, so that I didn’t cause some long-lasting damage to us financially. It was a rough conversation and we ended up moving in with my in-laws as we try to recoup my losses and buy a house down the road.
Was definitely a tough stretch of life. Thankfully, my wife had enough forgiveness to let me make things right. We both have good jobs and it wasn’t really a life-altering mistake when all things are considered. In therapy now to deal with the mental and marital issues that arise throughout the process.
I strongly advise anyone in a similar situation to cut your losses and have the difficult conversations sooner rather than later.”
https://www.yahoo.com/news/co-signed-truck-boyfriend-people-061602089.html
“In therapy now to deal with the mental and marital issues that arise throughout the process.”
Can ‘ya get it up yet? 🙂
Beyond Meat Cut 20% of Its Workforce, and More Bad News Is Coming
The Motley Fool on MSN.com|22 hours ago
Beyond Meat says it will slash almost 20% of its workforce to save money. Rampant inflation is hitting sales hard as consumers trade down to cheaper proteins. The faux meat company still has plenty of cash available despite its rapid cash burn.
The faux meat company still has plenty of cash available despite its rapid cash burn.
Famous last words
cash available
Perhaps fake as well.
“Beyond Meat says it will slash almost 20% of its workforce to save money.”
That’s more than their advertised fat content. Yikes!
The near-term implications also worry Nicole Hoffmeister Kraut, minister of economic affairs for the state of Baden-WĂĽrttemberg. The car industry-heavy area is where companies like Porsche and Mercedes-Benz have their headquarters.
“It comes already too late because we hear from our partners that some companies have already given up. They are not insolvent but they see no prospects due to the high energy prices,” she said.
https://uk.finance.yahoo.com/news/anger-germany-industrial-heartlands-putin-050000045.html
All because the dancing cowgirl won’t negotiate. You know he was, then globalist scum Boris Johnson flew in and talked him out of it. Snatching defeat away from the claws of victory. Get yer warm socks ready europistan.
Ukraine war: ‘Massive new strike’ targets energy grid as 1.5 million left without power
https://uk.finance.yahoo.com/video/ukrainians-urged-save-electricity-missiles-031000513.html
And the communist media liars wheel out a big batch of boo hoo. Not one of those maggots tells the whole story. It’s as if Ukraine came into existence a mere 8 months ago.
Massive new strike’ targets energy grid as 1.5 million left without power
No power in the Winter is going to be a hoot
Many of the civilian buildings have been damaged, some heavily, so heating them was impossible anyway.
OTOH, there’s something like 80k to 90k Russian soldiers who are now cut-off from the homeland and reinforcements. The latest U.S. munition carried by the M31 Guided MLRS rocket fires nearly 180,000 tungsten carbide pellets, shotgun like, at such extreme velocities that they are capable of penetrating 3 meters of soil, improvised bunkers and lightly armored vehicles meaning combatants are killed or wounded despite their best efforts of concealment. Best of all, there’s no un-exploded bomb-lets left behind as is the case with cluster munitions. This week’s special: more hamburger helper.
Many of the civilian buildings have been damaged, some heavily, so heating them was impossible anyway.
But now the undamaged ones will be just as cold.
In addition to looting civilian property the Russian troops have cut power and water lines, removed street signs, shot out windows, etc., making dad to day life miserable if not impossible. But Ukraine is a huge country, and the damage inflicted so far has been largely in the eastern region. Their behavior really hasn’t changed since WWII, and reminds me of the book, The Last Battle by Cornelius Ryan, when the Russians made their way into Berlin.
removed street signs
Now that these places are part of Russia, won’t they have to put them back?
“Now that these places are part of Russia, won’t they have to put them back?”
Their scorched-earth tactics suggest otherwise.
Where’s my hero’s welcome home parade?
Russian officers kill own wounded soldiers
https://www.youtube.com/watch?v=_qV5H6zsieM
*about 90-sec
“It comes already too late because we hear from our partners that some companies have already given up. They are not insolvent but they see no prospects due to the high energy prices,” she said.
This is going to be earth shattering. Most of the electorate bought the lie that they were saving the world by voting for the greens. Now they will get to watch their country collapse and be bought up by the WEF/Davos crowd for a penny on the Euro. And then to add insult to injury, the WEF will up the ante on mass immigration, and the Germans will get to watch in real time as they are replaced by foreigners and their country is transformed into a 3rd World sh!thole. And they can forget about fleeing, because no other country will take them.