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2022 Did Not Disappoint

This Post Has 2 Comments
  1. From the first 2:38 video:

    Bay Area real estate agents foresee cooler market in ’23
    KPIX CBS SF Bay Area
    Dec 29, 2022
    The Bay Area housing market started 2022 strong for sellers but ’23 could be a very happy new year for buyers.

    The second 2 minute video:

    Todd Luong, REALTOR® on CBS 11 News, Dallas – The Dallas-Fort Worth housing market has cooled off
    Todd Luong, REALTOR®
    Dec 29, 2022
    Award-winning REALTOR® and real estate agent with RE/MAX DFW Associates. Over 15+ years of full-time experience. North Dallas, Plano, Frisco, Allen, McKinney, Lewisville (Castle Hills), Carrollton, The Colony, Prosper, Celina, Richardson.

    The third 8:31 video:

    Denver Real Estate MARKET: Here are the 3 biggest takeaways from this year’s market!
    Living In The Denver Suburbs
    Dec 29, 2022
    Denver Real Estate MARKET: Here are the 3 biggest takeaways from this year’s market!
    While we are all hard working on those 2023 goals and finishing off the holiday leftovers I want to reflect on what was one of the craziest years in real estate on record. From unfathomable bidding wars and unfulfilled buyer demand to a slowing market that felt to some like a complete 360, when all actuality it was a shift to the norm, 2022 did not disappoint. So grab some popcorn and let’s reflect on the Denver Real Estate World in 2022.

    The fourth 11:45 video:

    Seattle Real Estate Market Update December 2022 | Eastside,Snohomish County, Bellevue Housing Market
    Dec 29, 2022
    Welcome to another Real Estate Market update video. Today I have another awesome real estate market update for you. In today’s video, I will get through numbers Eastside, Seattle, and Snohomish county as always we do.; after that, I will share a particular slide with you. That slide concerns the Historical Investment Equity Calculation and the last 30 years’ Mortgage Rates. Don’t miss today’s Real Estate Market update video. Lets Start!
    Timestamps:
    00:00 Starting
    01:01 Eastside Residential Inventory
    02:05 Eastside Median Closed Sales Price for Current Month Sold Properties
    04:02 Eastside Market Update
    04:56 Seattle Residential Inventory
    05:19 Seattle Median Closed Sales Price for Current Month Sold Properties
    05:35 Seattle Real Estate Market Update
    06:02 Snohomish County Residential Inventory
    06:36 Snohomish County Median Closed Sales Price for Current Month Sold Properties
    07:10 Snohomish County Real Estate Market Update
    07:30 Wrapping Up
    08:15 Special Slide – Historical Interest Rates and Return on Equity
    11:33 Closing

    The fifth 7:41 video:

    Portland Metro’s AVG Sale Price More than 3% Below Last Year’s for 2nd Week?! Condo Market Update!
    Ron Milligan
    Dec 30, 2022
    Do you want to know the very latest in Portland Oregon’s real estate market? You’re in the right place. Regular weekly updates on the health of the entire Portland Oregon metro area – including Southwest Washington.

    The sixth 9 minute video:

    Investors DESPERATE to Escape Boise, Rental HOME Prices Plummet
    Good News Real Estate
    Dec 30, 2022 GOOD NEWS REALTY GROUP

    Investors DESPERATE to Escape Boise, Rental HOME Prices Plummet
    Home rents drop at the fastest rate in 7 years.
    The Boise, Idaho housing market and the rental market is changing in the Boise area. How can you successfully negotiate your lease? Many sellers are converting their homes into rentals. Rental prices are dropping fast.

    We also talk with a local Boise native that is currently renting and tells his story of how he was able to get his monthly rent price dropped by $200.00

    In this video, we take a deep dive and look at the impact that the collapsing housing and rental market is having on investors in Boise, Idaho. Investors and landlords are trying to escape the chaos, and many are frantically trying to sell their properties or even rent, but with rental prices plummeting, they are finding it almost impossible to recoup their investments or have a return on investment. It’s unclear how much longer investors in Boise can hold on. Will they be able to weather the storm, or will they be forced to cut their losses and walk away?

    Are you wondering about the current state of the housing market? Are you concerned about the potential for a market crash, or wondering if home prices will ever come down? Are you trying to understand why rent is so expensive? We aim to provide answers to these and other questions about the housing market in our weekly content.

    The seventh 18 minute video:

    Uber driver who bought $2 Million house and why are Home buyers protesting in Brampton?
    Manu Chohan
    Dec 22, 2022 BRAMPTON
    Rising Interest rate have shattered their dream of owning a brand new home for their family and they are at risk of going bankrupt.

    Homebuyers in Brampton are protesting because they struggle to get mortgages because of high-interest rates and low appraisal values. Around 114 families are at risk of bankruptcy and are protesting outside Paradise Developments to negotiate with the builder to give them extended closings.

    Because of high-interest rates, they will have to pay more than double the monthly payments that they would have paid 10 months ago and they are getting appraisal values almost $300,000 less than their purchase price.

    They are protesting outside the builder’s office in Brampton to negotiate for the extended closing date that will help them arrange funds for the difference in appraisal values and high mortgage payments.

  2. U.S. stocks fell on the last trading day of 2022, closing out the biggest yearly decline since the financial crisis of 2008.

    The Dow Jones Industrial Average fell two-tenths of a percent. S&P 500 dropped by a quarter-point, and the Nasdaq dipped just over a tenth of a percent.

    Jay Hatfield, the chief investment officer for ICAP ETF, said a selloff in bonds was undercutting stocks as well.

    “The issue with the market, which has been true for two weeks is, since the ECB came out with their very hawkish policy, and the BOJ raised their target for the 10-year, from 25 basis [points] to 50, the global bond market’s been selling off. And a lot of investors think, ‘Oh, that’s bad for tech stocks,’ but it’s unambiguously bad for really all assets.”

    Ten of the 11 S&P sector indexes dropped on Friday, led by real estate and utilities.

    https://news.yahoo.com/wall-st-ends-biggest-annual-222309560.html

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