Prices Crashing Right Now!
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From the first 9 minute video:
Inventory Retreats. Does Portland’s Real Estate Stabilize or Fall Further Toward Buyer’s Advantage?
Ron Milligan
Nov 25, 2022
The second 8 minute video:
I Was WRONG About The Housing Market 😱
Tom Storey
Nov 26, 2022
Tom and his team are in the top 1% of all realtors in Canada and 0.3% of Realtors in Toronto based on sales. Selling over 100 properties a year.
The third 10:29 video:
Nashville Crashing Right Now | Housing Market Update Nov 26
Ethan Flynn, CPA | Real Estate
Nov 26, 2022
This is an Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, contracts, rent rates.
Where Are Home Prices Plummeting Most?
According to Realtor.com, there are 10 cities across the United States where home prices are starting to fall.
https://www.aol.com/finance/where-home-prices-plummeting-most-170002042.html
“Spokane, Washington, Median home list price: $449,900”
The problem with Spokane is you’re stuck indoors for 6-months, and so are your customers. Business activity slows to a crawl, so it’s a real stretch to imagine putting a dent in a $450k mortgage.
10 cities across the United States where home prices are starting to fall.
I was surprised to see all 10 are still + y-o-y. Of course, we all expect that to change shortly.
My good friend running the Nashville YT channel is running real scared with the way he deletes comments of falling prices.