A weekend topic starting with Kenneth R. Harney. "According to the Urban Institute Housing Finance…
This Post Has 4 Comments
From the first 5:39 video:
Can Canada keep Low Inflation while Decoupling from China? BoC Warns of Changes Ahead
Mark Mitchell – Mortgage Broker London Ontario
Dec 16, 2022
Canada may no longer be able to depend on China to keep its inflation, and its interest rates, low in the future – according to a recent speech by Bank of Canada Governor Tiff Macklem. Links:
The second 4 minute video:
Boise Idaho Real Estate Market Update: December 15, 2022
Moving to Boise, Idaho
Dec 15, 2022 MERIDIAN
Jonna Weber from Jonna Weber Real Estate brokered by eXp Realty shares insights and statistics about Boise Idaho’s housing market. Is it still a seller’s market? Mortgage rate questions?
The third 7:15 video:
Seattle/Bellevue Area Market Update!
Kurt Nystrand Homes
Dec 15, 2022
This video goes over how the interest rates have effected our market in the King County Washington area.
The fourth 7:38 video:
The Dark Side Of BOISE REAL ESTATE. What They Don’t Want You To Know.
Good News Real Estate
Dec 16, 2022 BOISE
According to Inman 37% of Real estate agents, couldn’t make their monthly rent in October. So the question is, are agents telling you the truth about the market or are they just trying to make a deal happen? In this video, we are going to look at the risk of falling for the line. “Buy NOW Refinance later” Is this a good policy to go by, why or why not? The other thing that gets thrown around is “YOU can’t make LOW BALL offers” but that is false. We currently have gotten a handful of buyers who accepted offers 14% under the last list price. When you see and know the current state of the housing market it allows you to make sure you’re working for a good deal. A couple other things to consider. Are we just getting to a normalized market, Are we at historically low-interest rates, and is inventory low?
We try to take macro stats of the Nation and bring them down to the Boise Idaho real estate market, Treasury Valley area. When Canyon County (Nampa, Caldwell, Middleton Idaho) New Construction inventory is the same as it was back in 2008 some have to ask. (Idaho Housing Market Update)
Will inventory continue to climb or will it fall? Especially when inventory is usually at its lowest point of the year in November & December. Inflation, cost of living, and Fed rates are crippling the housing market.
The fifth 3 minute video:
Fraser Valley BC Real Estate is TANKING | December 2022
ThatAgentKelly
Premiered Dec 15, 2022
BLOOD in the market!! This is your Fraser Valley BC Real Estate update for the month of December 2022, we are covering what happened in November.
Overall we saw prices continue to go down in Surrey, Langley, and Abbotsford, however, Abbotsford detached homes market has been fighting to find a bottom since August with no chance in price.
Inventory across the Fraser Valley market has been falling off a cliff since about July while sales have stayed flat.
For everyone thinking of investing in the Fraser Valley, I’d probably buy a detached home right now over anything else as they have seen a FAR bigger correction than townhomes and condos.
She’s a liar. Even Ray Charles could see the Boise RE market, like many other metros, is seriously trending downward.
“The Dark Side Of BOISE REAL ESTATE.”
This guy’s honest spiel reflects economic reality. Here’s the first comment from one of his critics, Sellidaho:
“Stop making videos. Your [sic] just hurting the real estate industry. You are wrong on many levels and just scaring buyers. They need honest info. THE MARKET HAS NEVER BEEN BETTER Josh!!!”
Odds are, Sellidaho cannot pay his rent, and he probably cannot scrape up $400 for an emergency either. A broke azz loser!
Academy Mortgage to pay $38.5M to settle underwriting fraud lawsuit
HousingWire|14 hours ago
Academy Mortgage Corporation agreed to settle allegations that it improperly originated and underwrote mortgages insured by the FHA.
Vistry to lay off around 200 staff following Countryside takeover
Building|22 hours ago
Vistry is to lay off around 200 staff as it seeks to find savings following its £1.1bn merger last month with rival Countryside, the firm’s new chief operating officer has revealed. Earl Sibley told Building’s sister title Housing Today the £2.
Auburn, WA Housing Prices Crater 21% YOY On Skyrocketing Inventory Across Seattle Suburbs As Tech Layoffs Accelerate
As a noted economist said, “Nothing accelerates the economy and creates jobs like falling prices to dramatically lower and more affordable levels. Nothing.”
From the first 5:39 video:
Can Canada keep Low Inflation while Decoupling from China? BoC Warns of Changes Ahead
Mark Mitchell – Mortgage Broker London Ontario
Dec 16, 2022
Canada may no longer be able to depend on China to keep its inflation, and its interest rates, low in the future – according to a recent speech by Bank of Canada Governor Tiff Macklem. Links:
The second 4 minute video:
Boise Idaho Real Estate Market Update: December 15, 2022
Moving to Boise, Idaho
Dec 15, 2022 MERIDIAN
Jonna Weber from Jonna Weber Real Estate brokered by eXp Realty shares insights and statistics about Boise Idaho’s housing market. Is it still a seller’s market? Mortgage rate questions?
The third 7:15 video:
Seattle/Bellevue Area Market Update!
Kurt Nystrand Homes
Dec 15, 2022
This video goes over how the interest rates have effected our market in the King County Washington area.
The fourth 7:38 video:
The Dark Side Of BOISE REAL ESTATE. What They Don’t Want You To Know.
Good News Real Estate
Dec 16, 2022 BOISE
According to Inman 37% of Real estate agents, couldn’t make their monthly rent in October. So the question is, are agents telling you the truth about the market or are they just trying to make a deal happen? In this video, we are going to look at the risk of falling for the line. “Buy NOW Refinance later” Is this a good policy to go by, why or why not? The other thing that gets thrown around is “YOU can’t make LOW BALL offers” but that is false. We currently have gotten a handful of buyers who accepted offers 14% under the last list price. When you see and know the current state of the housing market it allows you to make sure you’re working for a good deal. A couple other things to consider. Are we just getting to a normalized market, Are we at historically low-interest rates, and is inventory low?
We try to take macro stats of the Nation and bring them down to the Boise Idaho real estate market, Treasury Valley area. When Canyon County (Nampa, Caldwell, Middleton Idaho) New Construction inventory is the same as it was back in 2008 some have to ask. (Idaho Housing Market Update)
Will inventory continue to climb or will it fall? Especially when inventory is usually at its lowest point of the year in November & December. Inflation, cost of living, and Fed rates are crippling the housing market.
The fifth 3 minute video:
Fraser Valley BC Real Estate is TANKING | December 2022
ThatAgentKelly
Premiered Dec 15, 2022
BLOOD in the market!! This is your Fraser Valley BC Real Estate update for the month of December 2022, we are covering what happened in November.
Overall we saw prices continue to go down in Surrey, Langley, and Abbotsford, however, Abbotsford detached homes market has been fighting to find a bottom since August with no chance in price.
Inventory across the Fraser Valley market has been falling off a cliff since about July while sales have stayed flat.
For everyone thinking of investing in the Fraser Valley, I’d probably buy a detached home right now over anything else as they have seen a FAR bigger correction than townhomes and condos.
Timecodes
0:00 – Surrey
1:07 – Langley
2:00 – Abbotsford
“Jonna Weber from Jonna Weber Real Estate…”
She’s a liar. Even Ray Charles could see the Boise RE market, like many other metros, is seriously trending downward.
“The Dark Side Of BOISE REAL ESTATE.”
This guy’s honest spiel reflects economic reality. Here’s the first comment from one of his critics, Sellidaho:
“Stop making videos. Your [sic] just hurting the real estate industry. You are wrong on many levels and just scaring buyers. They need honest info. THE MARKET HAS NEVER BEEN BETTER Josh!!!”
Odds are, Sellidaho cannot pay his rent, and he probably cannot scrape up $400 for an emergency either. A broke azz loser!
Academy Mortgage to pay $38.5M to settle underwriting fraud lawsuit
HousingWire|14 hours ago
Academy Mortgage Corporation agreed to settle allegations that it improperly originated and underwrote mortgages insured by the FHA.
Vistry to lay off around 200 staff following Countryside takeover
Building|22 hours ago
Vistry is to lay off around 200 staff as it seeks to find savings following its £1.1bn merger last month with rival Countryside, the firm’s new chief operating officer has revealed. Earl Sibley told Building’s sister title Housing Today the £2.
Auburn, WA Housing Prices Crater 21% YOY On Skyrocketing Inventory Across Seattle Suburbs As Tech Layoffs Accelerate
https://www.movoto.com/auburn-wa/market-trends/
As a noted economist said, “Nothing accelerates the economy and creates jobs like falling prices to dramatically lower and more affordable levels. Nothing.”