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Crash In 2023..Some Buyers Think So

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  1. From the first 15:41 video:

    2022 Review and 2023 Outlook on Bay Area Residential Housing Market
    HAYLEN Group Real Estate
    Jan 22, 2023
    Find out the latest Bay Area housing market stats and updates in Santa Clara County, San Mateo County, Alameda County, Contra Costa County, San Francisco County.

    ℹ️ Table of Contents:

    0:00 Introduction
    0:39 Number of Active Listings & Sales
    2:09 Months of Inventory
    2:38 Days on Market
    3:16 Sale Price to List Price Ratio
    3:38 Listings Withdrawn/Canceled
    4:25 List Price Decreased
    5:10 Transactions Fell Through
    5:36 Median Sale Prices
    8:59 Battleground – Dec/Jan
    12:40 10-Year US Treasury Bill
    13:05 Mortgage Rates Projections

    The second 1:33 video:

    Housing Crash In 2023 Coming..Some Buyers Think So
    Mark Turcotte
    Jan 22, 2023
    In this video Mark Turcotte communicates from his experience this year. Buyers are submitting offers much lower right now in fear of future price drops in real estate. So this is telling me Buyers are playing it safe right now. That could change if more Buyers come back to home shopping.

    The third 3 minute video:

    Should I Sell my home in 2023: Ontario Real Estate Market 2023
    Kyle & Franca Ahmadzai – Real Estate Advice & Tips
    Jan 22, 2023
    Are you wondering if you should sell your home and buy a new one in Ontario in 2023? The market has been up and down, and it’s difficult to know if it’s the RIGHT TIME to make a move! Check out this video to find out WHY it’s a GOOD time to SELL or BUY a home in 2023!

    Did you know it’s ALWAYS a good time to sell your home and move into a different home – whether the market is HOT or COLD. Stay tuned to find out why!
    My name is Franca Ahmadzai and I’m a realtor with Intercity Realty here in Vaughan Ontario.
    If you could spare a moment, please give me a like and subscribe to my channel.
    Is the market really slow right now? Did your current home just drop in value? I’m sure you’re worried about the loss in value in your current home affecting your finances and your purchasing ability for your next home.
    Did you know that as long as you already own something in the market, and are selling it to buy the next property, it DOES NOT MATTER what the market is doing! Let me explain.
    Say, for example, the market is HOT and your property is valued at $1 million. You really want to move into a larger house, and your dream home is valued at $1.5 million. That means, that if you were to buy, and sell, you would have to add $500,000 to upgrade your home.
    Let’s say you missed that HOT market, and now your current property has dropped in value to only $800,000. Your dream has also dropped in price to $1.3 million. That means, surprise, surprise, you still have to add $500,000 to upgrade your home.
    See what I mean? As long as you’re buying and selling, the market conditions are irrelevant to your home switch. You only have to worry about coming up with the other $500,000 to upgrade the home. Plus your moving expenses, lawyer, etc that is always there.
    As long as the market doesn’t quickly shift from hot to cold, or cold to hot while you’re selling and buying, you’re good.
    Also, keep in mind that if you’re moving into a different market, the prices may be higher or lower than where you’re selling. For example, you can see from the stats from TRREB, that different markets have different price points. Generally moving further away from downtown will see a decrease in price. This can be a good strategy for you, if you want to decrease your mortgage, or get more house for your dollar.

    1. “Did you know it’s ALWAYS a good time to sell your home and move into a different home – whether the market is HOT or COLD. Stay tuned to find out why!”

      Right on cue, gotta love Relitters®

  2. Last week’s World Economic Forum schmoozefest was a reminder that the organization’s 84-year-old founder and leader, Klaus Schwab, isn’t the Dr. Evil character that the global conspiracy theorists make him out to be. He’s Mr. Davos.

    Which, for the organization he founded more than a half-century ago, is no great comfort. The executive chairman is steering the WEF not toward world domination, but irrelevance. If he has an evil plan, it might be to take his creation to the grave with him.

    But away from the bright lights, grand thoughts and invitation-only events, it’s hard to tell who outside of the Davos club cares any more. The WEF has become a victim of its own elitism.

    In many ways, that’s even more damning. The exclusive nature of Davos and the WEF has left them talking to an ever-shrinking audience.

    At the centre of the WEF’s image problem stands Mr. Schwab. And he won’t move.

    Mr. Schwab’s own inflated ego is at the root of the WEF’s global conspiracies. A few years ago, he bragged that his organization has been able to “penetrate the cabinets” of numerous national governments around the world – including Canada’s – through former participants in the WEF’s Young Global Leaders program who have risen to political power. It was a gross exaggeration of the WEF’s influence, and a dreadfully ill-conceived boast.

    The WEF has never been able to live it down – and it probably won’t, as long as Mr. Schwab remains at its helm. When Mr. Schwab wrote in 2020 about the potential for a “Great Reset” to emerge from the economic damage and policy innovations of the COVID-19 crisis, the conspiracists jumped on it as tied to his thirst to seize control of the world economy.

    Regardless, it has become clear that the WEF will have a serious and, perhaps, crippling image problem as long as Mr. Schwab insists on remaining its controversial public face and dominating force. If it is ever going to re-establish its credibility, it must break from the personality-driven vehicle piloted by the only leader it has ever known. It must establish credible new leadership that isn’t defined by a lavish annual party to which most of the world isn’t invited. Mr. Davos is an image that looks increasingly like an elitist, ego-tripping anachronism.

    1. The executive chairman is steering the WEF not toward world domination, but irrelevance.

      Yeah, that must be why clown world is so pervasive and expanding, because the WEF is becoming irrelevant.

      Just like how Satan doesn’t want you to believe he’s real, so too does the WEF, or at least that they are irrelevant and thus not a threat.

  3. Many Google employees were having a normal day on Jan. 20 before their lives were turned upside-down. Some workers had gotten their jobs at the tech giant after years of dreaming about it, and others had been there for over a decade.

    Then suddenly that morning Google’s parent, Alphabet, announced that it was cutting 12,000 jobs. In doing so, it joined a long list of tech companies that have eliminated scores of employees in recent months.

    An outpouring followed on social media, including the professional networking service LinkedIn. Employees wrote about feeling a mix of gratitude, anger, and uncertainty for what’s next.

    Justin Moore had worked at Google for more than 16 years, according to his LinkedIn profile, before he was laid off last Friday. He wrote in a post that being among those who had lost their jobs showed that companies viewed employees as “100% disposable.” He also said he had not received any further information beyond the email stating his role as an engineering manager was impacted by the layoff.

    Another employee, Blair Bolick, a recruiter for the business intern program at Google, wrote about the impersonal manner in which the news of layoffs was communicated.

    “I can’t feel gratitude in this moment for a company that I gave so much of myself to, but felt it appropriate to part ways by locking me (and 12,000 of my colleagues) out of my corporate account at 4am,” she wrote in a LinkedIn post.

    “I’m devastated. I’m sad, angry,” said Bolick, who had been at the company for over four years.

    When employees lost access to their company communication channels, it was harder for them to bid farewell to colleagues.

    A Google product manager, Manas Minglani, who was impacted by the layoffs wrote that he couldn’t say his goodbyes. His access to work devices had been revoked the morning of the layoffs.

    In a TikTok video, Nicole Tsai, who was a program manager at Google, said that the layoffs were “random” and that employees were “blindsided,” as the decision of who stayed or was laid off didn’t appear to be performance-based.

    To be sure, layoffs are never easy for employees or the companies that implement them.

    Google’s most recent quarterly earnings, announced in October, missed analyst expectations. Afterward, the company’s leadership said it would slash expenses and slow its hiring in the subsequent quarter.

    Fook you googwakie. Bunch of a$$ holes.

  4. Four migrants bused into New York City from Texas were busted for snatching thousands of dollars in merchandise from a Nassau County mall, officials said Monday.

    Wrallan Cabezas Meza, 19, Miguel Angel Rojas, 21, Rafael Rojas, 27, and Jose Garcia Escobar, 30, are accused of driving from the Big Apple to Garden City and stealing $12,489 in goods from Macy’s Roosevelt Field earlier this month, according to county police.

    Cops caught the crew shortly after the Jan. 9 heist in Hampstead when Meza was pulled over for allegedly failing to use a turn signal in a 2006 BMW with bogus plates, a criminal complaint in the case states.

    The suspects later told a Spanish-speaking Nassau County detective that they came to New York City on a bus from the Lone Star State, Detective Lt. Richard Lebrun said.

    It was unclear when they were brought up north, but Meza crossed the US-Mexico border on July 4, 2022, and the others during September last year, according to Nassau County cops.

  5. Jeff Bezos to sell Washington Post to buy NFL team Commanders: Reports
    The New Indian Express|7 hours ago
    Notably, Bezos bought the Washington Post in 2013 for USD 250 million. New York Post reported that Bezos is ‘looking to clear the way’ to get the Commanders from embattled owner Dan Snyder.

    Rocket Mortgage cuts 50 positions
    National Mortgage News|14 hours ago
    The layoff round, which a spokesperson said represents “less than one quarter of one percent of the roles in the company,” comes after Rocket announced a 20-person reduction in the marketing team in early January.

    Banking executives predict tough year as mortgage applications dry up
    The Business Journals|20 hours ago
    The numbers are taking a toll on banks reporting earnings over the past two weeks – including what was once one of the mortgage industry’s largest players, Wells Fargo (NYSE:

  6. 𝗪𝗵𝗲𝗮𝘁 𝗥𝗶𝗱𝗴𝗲, 𝗖𝗢 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟮𝟭% 𝗬𝗢𝗬 𝗔𝘀 𝗗𝗲𝗻𝘃𝗲𝗿 𝗔𝗿𝗲𝗮 𝗣𝗼𝘀𝘁𝘀 𝗕𝗮𝗰𝗸 𝗧𝗼 𝗕𝗮𝗰𝗸 𝗣𝗿𝗶𝗰𝗲 𝗗𝗲𝗰𝗹𝗶𝗻𝗲𝘀 𝗦𝗶𝗻𝗰𝗲 𝟮𝟬𝟭𝟴

    𝘈𝘴 𝘰𝘯𝘦 𝘋𝘦𝘯𝘷𝘦𝘳 𝘢𝘳𝘦𝘢 𝘣𝘳𝘰𝘬𝘦𝘳 𝘦𝘹𝘱𝘭𝘢𝘪𝘯𝘦𝘥, “𝘚𝘦𝘭𝘭𝘦𝘳𝘴 𝘢𝘳𝘦 𝘣𝘳𝘰𝘬𝘦 𝘢𝘯𝘥 𝘥𝘦𝘴𝘱𝘦𝘳𝘢𝘵𝘦.”

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