Some Sellers Can’t Afford To Sell

1. From the first 6:25 video:

   Mississauga Turns Into A Ghost Town. 74% Of The Home Buyers Have Disappeared.
   Honest real estate talk
   Jan 11, 2023
   Mississauga real estate market had another tough month in December. Only 280 homes sold in all of Mississauga. This includes detached homes and condos in Mississauga.

   The second 7:44 video:

   THE BAY AREA IS ON THE DECLINE | 2023 Market Update – Santa Clara, San Mateo, SF, Contra Costa
   Oliver Pham | Your Bay Area Realtor
   Jan 10, 2023
   Hi, this is Oliver, your Bay Area Realtor, and today I’ll be reviewing November’s single family housing data for the 5 major Bay Area counties: Alameda, Contra Costa, San Francisco, San Mateo, and Santa Clara.

   Timecodes:
   00:00 – Intro
   01:44 – Sales MTM & YTY
   03:28 – Unsold Inventory Index
   04:57 – Days on Market
   05:21 – Median Sales Price
   06:40 – Conclusion

   The third 19 minute video:

   Some Sellers Can’t Afford To Sell Their Homes In Brampton, Mississauga & Durham Real Estate – Jan 4
   Team Sessa Real Estate
   Jan 11, 2023 CANADA

   Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Dec 29 – Jan 4, 2023.

2. Realtor.com® December Housing Report: Inventory Ends the Year Up 55% but Remains Below Historic Levels

   https://www.yahoo.com/now/realtor-com-december-housing-report-110000269.html

   Salesforce discloses plans to ax more than 700 Bay Area tech workers
   East Bay Times|8 hours ago
   Salesforce has revealed plans to jettison well over 700 workers in the Bay Area, marking one of the largest rounds of layoffs yet for the region’s woozy tech sector, according to a new filing with state labor officials.

   Digital mortgage firm Blend cuts 30% of staff
   The Real Deal|18 hours ago
   Digital mortgage firm Blend Labs laid off nearly 30 percent of its workforce, the fourth round of cuts for the company in a year.

   More job losses expected in Des Moines as Wells Fargo trims mortgage business
   Des Moines Register|2 hours ago
   Wells Fargo says it’s pulling back on its mortgage lending and servicing business as rising interest rates have slowed home purchases.

   Big Cuts Are Coming to Goldman Sachs
   The New York Times|22 hours ago
   The firm’s chief executive, David Solomon, has given the task of determining which divisions will be affected to a chief lieutenant.

   Why the Winklevoss brothers are in a $900 million crypto faceoff with Barry Silbert
   CNBC|16 hours ago
   Digital Currency Group’s Barry Silbert and Cameron Winklevoss have been engaged in a public war of words over the fate of $900 million.

   Sports streamer DAZN ditches float after $2.3bn losses
   The Times|12 hours ago
   Sir Leonard Blavatnik’s DAZN sports streaming platform has put plans for an initial public offering on ice after reporting a loss of more than $2 billion, but has not ruled out seeking new investors.

3. 𝗔𝗹𝗹𝗲𝗻, 𝗧𝗫 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟮𝟮% 𝗬𝗢𝗬 𝗔𝘀 𝗗𝗮𝗹𝗹𝗮𝘀 𝗔𝗿𝗲𝗮 𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗗𝗲𝗳𝗮𝘂𝗹𝘁𝘀 𝗔𝗻𝗱 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗦𝗼𝗮𝗿

   https://www.movoto.com/allen-tx/market-trends/

   𝘈𝘴 𝘰𝘯𝘦 𝘋𝘢𝘭𝘭𝘢𝘴 𝘢𝘳𝘦𝘢 𝘣𝘳𝘰𝘬𝘦𝘳 𝘢𝘥𝘷𝘪𝘴𝘦𝘥, “𝘎𝘦𝘵 𝘰𝘶𝘵 𝘯𝘰𝘸 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘱𝘳𝘪𝘤𝘦𝘴 𝘢𝘳𝘦 𝘧𝘢𝘭𝘭𝘪𝘯𝘨 𝘣𝘺 𝘥𝘰𝘶𝘣𝘭𝘦 𝘥𝘪𝘨𝘪𝘵𝘴.”

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