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A Price War And A Beauty Competition

This Post Has 9 Comments
  1. From the first 11 minute video:

    The Bear is hear…how bad will the North Idaho Housing Crash get!
    Martinelli Realty Team
    Nov 5, 2022
    Just what will a housing crash in the North Idaho and Coeur d’Alene housing market look like? In this video, Kory identifies the top of the North Idaho real estate market and what to look for when searching for a bottom.

    The second 15 minute video:

    HUGE DIFFERENCE in SOLD PRICE in the Phoenix Housing Market NOW vs THEN!
    Nov 4, 2022
    HUGE DIFFERENCE in SOLD PRICE in the Phoenix Housing Market NOW vs THEN!

    Are you wondering how much home prices are falling in the Phoenix Arizona Real Estate Market? If you look at “the data”, it can be misleading. There is a huge difference in pricing from earlier this year during the peak of the Seller’s Market to where we are now in a Balanced or Buyer’s Market.

    In this video, we take a look at similar homes and what they would have closed for in the beginning of the year vs what they are selling for now. We will be looking at four different areas…

    Peoria Arizona, Scottsdale Arizona, Central Phoenix Arizona and Chandler Arizona.

    The third 12:32 video:

    Getting Interesting? Southern California Housing Market Update!
    WIRE Associates – Christian Walsh
    Premiered Nov 4, 2022
    How’s the Southern California housing market doing with high interest rates, a possible recession and record low buyer demand? Things are getting interesting…

    We cover the single family and multifamily housing market numbers for Orange County, Los Angeles, Riverside, San Bernardino, San Diego and Ventura, plus the median home price values!

    The fourth 6:29 video:

    Real estate market has evolved into ‘a price war and a beauty competition’: Broker
    Yahoo Finance
    Nov 5, 2022

    The Furlan Group CEO and Lead Listing Specialist Brandi Furlan joins Yahoo Finance Live anchors Rachelle Akuffo and Dave Briggs to discuss homebuying trends in Sarasota, Florida, the impact of Hurricane Ian, how fast inventory is selling, and how mortgage rates and homeowner’s insurance are affecting prospective homebuyers.

    The fifth 3:42 video:

    Taraneh sadat
    Nov 5, 2022

    The last 8:14 video:

    Oakville’s LOWEST Home Prices Of The Year. No End In Sight!
    Vic Singh Honest real estate talk
    Nov 5, 2022
    Oakville real estate update for October 2022. See average and median home prices for Oakville detached homes to oakville condos.
    No sales bias, just reporting stats from the TRREB.

    1. “Just what will a housing crash in the North Idaho and Coeur d’Alene housing market look like? In this video, Kory identifies the top of the North Idaho real estate market and what to look for when searching for a bottom.”

      This guy is kicking around monthly payments of $2,500.00 for a typical family home. Really? Maybe he’s talking about a retiree from California, Portland or Seattle because the local spuds are employed in retail sales, hotel accommodations, drive thru coffee stand, etc., nothing that will support $2,500 per month to put a roof overhead.

      Income and Salaries for Coeur d’Alene in 2016 – 2020:
      – The average income of resident is $23,040 a year.
      – The Median household income of a resident is $41,336 a year.

  2. The used-car bubble in South Africa could be about to burst
    6 November 2022

    Supply of the country’s best-selling passenger used car – the locally produced VW Polo Vivo – has halved, while the second most significant drop in supply in used cars has been the BMW 3 series (33%) followed by the locally-built Mercedes-Benz C-Class (17%) and VW Polo (16%), and imported VW Golf (11%).

    In contrast, the supply of South African-built used bakkies increased. The group said that the Toyota Hilux – the car that receives the most enquiries – increased in supply by 18%, and the Ford Ranger by 3%.

    Still, some worrying local and international signs point to a bursting of the used car market bubble.

    “Locally, rising interest rates, inflation, and spiking fuel prices are likely to dent demand. With the cost of living continuing to rise, consumers are feeling the pinch,” AutoTrader said.

    “What’s more, while South Africa lags overseas trends, worrying indicators are emerging abroad, not least of which is a drop in used car price inflation and concerns around the car loan debt market in the US.”

    AutoTrader CEO George Mienie said that if the new supply chain issues and chip shortages for new cars are sorted out, there could be increased demand for new vehicles over the next period. This would put downward pressure on used car prices as demand falls.

    “The used vehicle price inflation bubble is flexing and, under the right economic demand and supply conditions, could burst in the next 12 months as housing costs go up, interest rates increase, and car demands fall. I always say if the US or EU sneezes, we get pneumonia,” Mienie said.

  3. Warren Buffett’s Berkshire Hathaway swings to loss, stung by battered market
    MarketWatch|18 hours ago
    Warren Buffett’s Berkshire Hathaway Inc. swung to a loss in the third quarter as a volatile stock market and losses from insurance underwriting offset

    COP27: ‘As long as we continue to eat as much meat as possible then some part of the world will be chopping down forests to clear the way for cattle’
    The Scotsman|3 hours ago
    As negotiations concluded at the United Nations climate summit in Glasgow, COP26 president Alok Sharma, visibly emotional, described the international goal to restrict global warming to 1.5C above pre-industrial levels by the end of the century as “hanging by a thread”.

    This last one is some BS. We got plenty of grazing land a$$holes, and we have for over a century. Pound sand Alok.

  4. From YouTube to Miami streets: Influencer leads pro-Republican, anti-communism caravan

    As of Saturday morning, state data showed that Republican voters had cast several thousand more votes than Democrats in Miami-Dade County, due to a strong showing at early voting centers.

    This article is part of a project on misinformation in Spanish-language media by the Miami Herald, el Nuevo Herald and researchers at Florida International University. It is funded by Journalism Funding Partners, which received support from the Knight Disinformation Fund at The Miami Foundation. The Miami Herald retains editorial control of the content.

  5. ‘The Red Wedding has started at Twitter’: Elon Musk’s cull of social media giant’s staff is compared to a bloody scene from Game of Thrones – but world’s richest man says ‘power to the people’

    Entire sections of the company have also been cut, including Twitter’s human rights team and ‘ethical AI’ team.

    But one shareholder broke cover to reveal his delight at the move, saying the company had been ‘grossly mismanaged’, was a ‘weapon for the Democrat party’ and Musk was ‘retooling for business’.

    Nick Flor, a shareholder of the social media giant, claimed that their profit this year was a negative 270 million and praised the richest man in the world for the massive layoffs after his dramatic $44billion takeover.

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