A report from Deseret News. "'We’ve definitely slowed. Our prices are starting to come down…
This Post Has 7 Comments
From the first 1:33 video:
January 2023 | Timing the Market | Almaden Valley Housing Market Trends
Theresa Wellman – Realtor, Homeowner Experience
Jan 17, 2023
Moving to Almaden Valley or Thinking of Selling in Almaden Valley?
The second 2:15 video:
Steiner Ranch Market Update – January 2023 | Austin Texas Real Estate
Craig Smyser
Jan 17, 2023
This report will examine the December housing stats while the full year stats are in a separate video. If you are only going to watch one, make it the year end wrap up.
In December, 9 resale homes closed in Steiner Ranch which was down 53% from December 2021. The median price decreased 3.2% to $799,000. The average price of a home decreased 9.8% to $914,833. The average price per square foot decreased by 10% to $288.21. Again this month, the few sales make it hard to really say this is an accurate picture of the market. 6 of the 9 homes are in entry-level neighborhoods and the other three in high-end with no mid-level neighborhoods represented. I’d estimate the median currently around $850,000. While I usually look at year-to-date figures, I will defer those numbers to the year-end video which you can find in the same place you found this one.
The number of available resale homes at the end of December was 27, up 286% from last December. To be clear, that does not include homes that are under contract.
Across Steiner, the December sales ranged from a low of $577,000 to a high of $1,650,000. The average sales price to list price ratio was 97.0%. For homes that closed in December, the average days on market was 29, up from 16 last December. There were 14 contracts written in December, which is higher than I would have expected. Whether that ends up being an indicator of something, we’ll have to wait to see.
The third 5:43 video:
URGENT January Housing Market forecast (SEATTLE WASHINGTON)
Suburbs of Seattle
Jan 17, 2023
The fourth 8 minute video:
Properties with Biggest Gains and Biggest Losses in Ottawa
Roch St-Georges
Premiered Jan 18, 2023 OTTAWA
Over the last 2 years we’ve seen a rapid increase in Ottawa real estate prices. Unfortunately, as we all know, You know the saying, what goes up, must sometimes come down.
In this video we’ll discuss the sales of different Ottawa property types to see which one saw the highest increase in value and of course, which one is falling the fastest.
The fifth 14:41 video:
Sales are… Still Down, Are Hardwood floors a good investment? HI and Low Sales Santa Clara County
Silicon Valley Living
Streamed live 14 hours ago
Yep – we’re still seeing lower sales. that’s normal for this time of year.
We’re also reporting on this week’s highest and lowest sold prices in Santa Clara County. Are Floors a good investment!?!??! YES – but learn the differences.
The sixth 14 minute video:
Some Sellers Experiencing Massive Losses In Brampton, Mississauga & Durham Real Estate – Jan 11
Team Sessa Real Estate
Jan 18, 2023 CANADA
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Jan 5 – Jan 11, 2023.
SAN FRANCISCO (KRON) — There’s finally some good news for Bay Area homebuyers: home prices are going down. According to latest National Housing Report from real estate company RE/MAX, home prices in the San Francisco Bay Area experienced the largest year-over-year decline in the United States.
Apartment Landlords Could Start Fighting Over Renters This Year
GlobeSt.com|20 hours ago
Multifamily rents are falling as fewer households move and recession fears mount — and one industry expert predicts the balance of power between landlords and tenants will continue to change in turn.
Microsoft to cut 10,000 jobs, including at least 878 in Seattle area
Seattle Times|14 hours ago
Microsoft didn’t specify which sites would see job cuts, but the layoffs will involve employees based in Redmond, Bellevue and Issaquah, according to the state Employment Security Department.
New Zealand PM Ardern announces shock resignation
YAHOO!News|7 hours ago
New Zealand Prime Minister Jacinda Ardern, a global figurehead of progressive politics, shocked the country Thursday by announcing she would resign from office in a matter of weeks. The 42-year-old — who steered the country through natural disasters,
Studies: Texas among states with most new home builds, but DFW slowing dramatically
The Business Journals|14 hours ago
Texas has a little over nine new homes being built per 1,000 residents, almost double the United States average of 5.23 new builds per 1,000 residents. In Dallas-Fort Worth, however, builders in the fourth quarter slowed construction by almost 405 compared to a year ago.
Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens
bnnbloomberg|20 hours ago
Microsoft Corp. and Amazon.com Inc., two of the world’s biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed.
South Florida’s era of giant rent hikes has come to an end, report says
The Business Journals|19 hours ago
South Florida’s rent hikes are slowing down, a recent report from commercial real estate information company CoStar stated. Monthly rents sought by landlords in the fourth quarter of 2022 went up 6.8% year-over-year in Miami-Dade County to $2,
Finance of America issues second round of layoffs in Conshohocken
The Business Journals|17 hours ago
Finance of America said in a state filing that it will reorganize and reduce its technology department in Conshohocken, resulting in a new round of layoffs. It previously said it would lay off 101 employees from its residential mortgage unit at the site.
Class-action suit against First Guaranty receives green light
National Mortgage News|15 hours ago
Plaintiffs allege that the Plano, Texas-based lender failed to adhere to WARN requirements when it laid off employees “without cause” or notice in June.
Moody’s: $17B in mortgage bonds backed by office buildings coming due in 2023
The Business Journals|23 hours ago
Office building commercial real estate loans, maturity extensions and potentially even maturity failures could become commonplace amid weak office market performance and interest-rate hikes.
Crypto giant Genesis is ‘days away’ from bankruptcy after suffering steep losses in wake of FTX collapse: Firm owes creditors $3 BILLION – including $900M to Winklevoss twins
Daily Mail|5 hours ago
The crypto broker is reportedly in the final stage of its Chapter 11 paperwork, as the company works toward a deal with creditors who have lost assets
The Atlantic — Western Aid to Ukraine Is Still Not Enough (1/17/2023):
“Behind Ukraine lie the powers of the West, understood in the old-fashioned sense of a free coalition of states led by the United States. Despite understandable fretting about the slowness of its military-industrial mobilization, the Western allies have enormous and growing capacity, and they have—too slowly, and at times even stingily—provided Ukraine with battlefield technology that outmatches that deployed by Russia. Over time, that disparity will grow, if the Western commitment matches even a fraction of that of Ukrainian civilians and soldiers.
“War weariness” in Western democracies is a tired trope. We in the West are sacrificing nothing beyond modest financial resources—no comparison to the blood tax paid by the people of Ukraine. As a number of analysts have noted, spending some tens of billions of dollars to shatter the land and air forces of one of our chief opponents, Russia, is a bargain. Spending some tens of billions of dollars more, for as long as it takes, is no less worth it.”
“Eliot Cohen is a contributing writer at The Atlantic. He is the Robert E. Osgood Professor at Johns Hopkins University’s School of Advanced International Studies and the Arleigh Burke Chair in Strategy at the Center for Strategic and International Studies.”
Eliot Cohen do you have any sons or grandsons? Because they should be in Ukraine, right now, dying on the front lines of this war.
The #Noticing will continue, because there are no cohencidences…
I was visiting in Boise three weeks ago. Mainly was driving around the North side, Eagle, Star, Nampa, Middleton. I have never seen so many projects under construction, in all phases. I spoke to a realtor, and she told me that only recently was she able to show finished vacant models, as they had been purchased before complete prior to the last few months.
From the first 1:33 video:
January 2023 | Timing the Market | Almaden Valley Housing Market Trends
Theresa Wellman – Realtor, Homeowner Experience
Jan 17, 2023
Moving to Almaden Valley or Thinking of Selling in Almaden Valley?
The second 2:15 video:
Steiner Ranch Market Update – January 2023 | Austin Texas Real Estate
Craig Smyser
Jan 17, 2023
This report will examine the December housing stats while the full year stats are in a separate video. If you are only going to watch one, make it the year end wrap up.
In December, 9 resale homes closed in Steiner Ranch which was down 53% from December 2021. The median price decreased 3.2% to $799,000. The average price of a home decreased 9.8% to $914,833. The average price per square foot decreased by 10% to $288.21. Again this month, the few sales make it hard to really say this is an accurate picture of the market. 6 of the 9 homes are in entry-level neighborhoods and the other three in high-end with no mid-level neighborhoods represented. I’d estimate the median currently around $850,000. While I usually look at year-to-date figures, I will defer those numbers to the year-end video which you can find in the same place you found this one.
The number of available resale homes at the end of December was 27, up 286% from last December. To be clear, that does not include homes that are under contract.
Across Steiner, the December sales ranged from a low of $577,000 to a high of $1,650,000. The average sales price to list price ratio was 97.0%. For homes that closed in December, the average days on market was 29, up from 16 last December. There were 14 contracts written in December, which is higher than I would have expected. Whether that ends up being an indicator of something, we’ll have to wait to see.
The third 5:43 video:
URGENT January Housing Market forecast (SEATTLE WASHINGTON)
Suburbs of Seattle
Jan 17, 2023
The fourth 8 minute video:
Properties with Biggest Gains and Biggest Losses in Ottawa
Roch St-Georges
Premiered Jan 18, 2023 OTTAWA
Over the last 2 years we’ve seen a rapid increase in Ottawa real estate prices. Unfortunately, as we all know, You know the saying, what goes up, must sometimes come down.
In this video we’ll discuss the sales of different Ottawa property types to see which one saw the highest increase in value and of course, which one is falling the fastest.
The fifth 14:41 video:
Sales are… Still Down, Are Hardwood floors a good investment? HI and Low Sales Santa Clara County
Silicon Valley Living
Streamed live 14 hours ago
Yep – we’re still seeing lower sales. that’s normal for this time of year.
We’re also reporting on this week’s highest and lowest sold prices in Santa Clara County. Are Floors a good investment!?!??! YES – but learn the differences.
The sixth 14 minute video:
Some Sellers Experiencing Massive Losses In Brampton, Mississauga & Durham Real Estate – Jan 11
Team Sessa Real Estate
Jan 18, 2023 CANADA
Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of Jan 5 – Jan 11, 2023.
SAN FRANCISCO (KRON) — There’s finally some good news for Bay Area homebuyers: home prices are going down. According to latest National Housing Report from real estate company RE/MAX, home prices in the San Francisco Bay Area experienced the largest year-over-year decline in the United States.
https://www.kron4.com/news/bay-area-home-prices-are-dropping-faster-than-anywhere-else-in-the-nation-re-max-report-says/
Apartment Landlords Could Start Fighting Over Renters This Year
GlobeSt.com|20 hours ago
Multifamily rents are falling as fewer households move and recession fears mount — and one industry expert predicts the balance of power between landlords and tenants will continue to change in turn.
Microsoft to cut 10,000 jobs, including at least 878 in Seattle area
Seattle Times|14 hours ago
Microsoft didn’t specify which sites would see job cuts, but the layoffs will involve employees based in Redmond, Bellevue and Issaquah, according to the state Employment Security Department.
New Zealand PM Ardern announces shock resignation
YAHOO!News|7 hours ago
New Zealand Prime Minister Jacinda Ardern, a global figurehead of progressive politics, shocked the country Thursday by announcing she would resign from office in a matter of weeks. The 42-year-old — who steered the country through natural disasters,
Studies: Texas among states with most new home builds, but DFW slowing dramatically
The Business Journals|14 hours ago
Texas has a little over nine new homes being built per 1,000 residents, almost double the United States average of 5.23 new builds per 1,000 residents. In Dallas-Fort Worth, however, builders in the fourth quarter slowed construction by almost 405 compared to a year ago.
Microsoft, Amazon set to erase 28,000 jobs as tech slump deepens
bnnbloomberg|20 hours ago
Microsoft Corp. and Amazon.com Inc., two of the world’s biggest companies, began cutting a total of 28,000 jobs on Wednesday in a post-pandemic reckoning that has left almost no tech name unscathed.
South Florida’s era of giant rent hikes has come to an end, report says
The Business Journals|19 hours ago
South Florida’s rent hikes are slowing down, a recent report from commercial real estate information company CoStar stated. Monthly rents sought by landlords in the fourth quarter of 2022 went up 6.8% year-over-year in Miami-Dade County to $2,
Finance of America issues second round of layoffs in Conshohocken
The Business Journals|17 hours ago
Finance of America said in a state filing that it will reorganize and reduce its technology department in Conshohocken, resulting in a new round of layoffs. It previously said it would lay off 101 employees from its residential mortgage unit at the site.
Class-action suit against First Guaranty receives green light
National Mortgage News|15 hours ago
Plaintiffs allege that the Plano, Texas-based lender failed to adhere to WARN requirements when it laid off employees “without cause” or notice in June.
Moody’s: $17B in mortgage bonds backed by office buildings coming due in 2023
The Business Journals|23 hours ago
Office building commercial real estate loans, maturity extensions and potentially even maturity failures could become commonplace amid weak office market performance and interest-rate hikes.
Crypto giant Genesis is ‘days away’ from bankruptcy after suffering steep losses in wake of FTX collapse: Firm owes creditors $3 BILLION – including $900M to Winklevoss twins
Daily Mail|5 hours ago
The crypto broker is reportedly in the final stage of its Chapter 11 paperwork, as the company works toward a deal with creditors who have lost assets
The Atlantic — Western Aid to Ukraine Is Still Not Enough (1/17/2023):
“Behind Ukraine lie the powers of the West, understood in the old-fashioned sense of a free coalition of states led by the United States. Despite understandable fretting about the slowness of its military-industrial mobilization, the Western allies have enormous and growing capacity, and they have—too slowly, and at times even stingily—provided Ukraine with battlefield technology that outmatches that deployed by Russia. Over time, that disparity will grow, if the Western commitment matches even a fraction of that of Ukrainian civilians and soldiers.
“War weariness” in Western democracies is a tired trope. We in the West are sacrificing nothing beyond modest financial resources—no comparison to the blood tax paid by the people of Ukraine. As a number of analysts have noted, spending some tens of billions of dollars to shatter the land and air forces of one of our chief opponents, Russia, is a bargain. Spending some tens of billions of dollars more, for as long as it takes, is no less worth it.”
https://archive.ph/eDftD
“Eliot Cohen is a contributing writer at The Atlantic. He is the Robert E. Osgood Professor at Johns Hopkins University’s School of Advanced International Studies and the Arleigh Burke Chair in Strategy at the Center for Strategic and International Studies.”
Eliot Cohen do you have any sons or grandsons? Because they should be in Ukraine, right now, dying on the front lines of this war.
The #Noticing will continue, because there are no cohencidences…
𝗕𝗼𝘇𝗲𝗺𝗮𝗻, 𝗠𝗧 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟯𝟭% 𝗬𝗢𝗬 𝗔𝘀 𝗗𝗲𝘀𝗽𝗲𝗿𝗮𝘁𝗲 𝗦𝗲𝗹𝗹𝗲𝗿𝘀 𝗦𝗹𝗮𝘀𝗵 𝗣𝗿𝗶𝗰𝗲𝘀 𝗗𝗼𝘂𝗯𝗹𝗲 𝗗𝗶𝗴𝗶𝘁𝘀
https://www.movoto.com/bozeman-mt/market-trends/
𝘈𝘴 𝘢 𝘯𝘰𝘵𝘦𝘥 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘴𝘵 𝘢𝘥𝘷𝘪𝘴𝘦𝘥, “𝘎𝘦𝘵 𝘸𝘩𝘢𝘵𝘦𝘷𝘦𝘳 𝘺𝘰𝘶𝘳 𝘩𝘰𝘶𝘴𝘦 𝘸𝘪𝘭𝘭 𝘧𝘦𝘵𝘤𝘩 𝘣𝘦𝘤𝘢𝘶𝘴𝘦 𝘪𝘵’𝘴 𝘨𝘰𝘯𝘯𝘢 𝘧𝘦𝘵𝘤𝘩 𝘭𝘦𝘴𝘴 𝘭𝘢𝘵𝘦𝘳. 𝘈 𝘸𝘩𝘰𝘭𝘦 𝘭𝘰𝘵 𝘭𝘦𝘴𝘴.”
I was visiting in Boise three weeks ago. Mainly was driving around the North side, Eagle, Star, Nampa, Middleton. I have never seen so many projects under construction, in all phases. I spoke to a realtor, and she told me that only recently was she able to show finished vacant models, as they had been purchased before complete prior to the last few months.