A report from CNBC. "The nation’s priciest properties are in far less demand this year,…
This Post Has 8 Comments
From the first 4:28 video:
San Jose Real Estate | January 2023| Prices Going Up?
Ava Li Real Estate
Feb 1, 2023 DOWNTOWN SAN JOSE
San Jose January 2023 housing sales data is out! Are you curious to find out about the sales price? Can we lowball to get a house now? Is now a good time to buy in San Jose/Bay area? I have compiled and analyzed San Jose residential properties sales for January 2023 and want to share some surprises with you!
============
00:00 – Intro
00:23 -January 2023 Sales Analysis
01:47 -January 2022 to January 2023 Price Comparison
02:20 – December 2022 to January 2023 Price Change and Surprises
03:00 – Buyer’s Market? or Stil Seller’s?
03:40 – Active Listings Overview
04: 15- Outro
The second 3:50 video:
Dallas Housing Market – 2022 Review and 2023 Outlook
Jim Guan
Feb 1, 2023
This video gives brief review of 2022 Dallas – Fort Worth Housing Market and provides the outlook of Dallas – Fort Worth housing market in 2023.
The third 11:35 video:
Buyers are WHAT???
Jon Lee Homes
Feb 2, 2023
REALTOR® Jonathan Lee of Keller Williams Portfolio Realty compares the monthly mortgage payments of 9 of the worst bubble buys off the twitter account of TOHousingSmash
Chapters:
0:11 – Introduction
2:20 – #314- 300 Manitoba St, Toronto
3:20 – 1731 Ada Crt, Pickering
4:09 – 113 Baldwin St, Toronto
4:50 – #929 – 60 Heintzman St, Toronto
5:33 – 8 Jones St, Alliston
6:17 – 26% or More
6:26 – #307 – 120 Harrison Gardens Blvd
7:10 – 1390 Lawson St, Innisfil
7:51 – 227 Windermere Ave, Toronto
8:32 – 34 Fanning Trail, Brampton
9:20 – The Twist in the worst buys
The fourth 7:28 video:
London Ontario Real Estate Market Update – January 2023: Prices DOWN 260k From Peak
Mark Mitchell – Mortgage Broker London Ontario
Feb 2, 2023
London’s real estate market continued to decline in January, with the average price down almost $260,000 since its peak in February of 2022. Inventory is up however, as the Months of Inventory has increased from December.
The fifth 15:43 video:
Have You Noticed This Price Trend In Vaughan, Richmond Hill & Markham? – Jan 25
Team Sessa Real Estate
Feb 2, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Jan 19 – Jan 25, 2022.
London Ontario Real Estate Market Update
“49% of variable rate mortgage holders will need to sell in the next 9 to 10 months.”
Oops!
Three months of “inventory”. 28 days to sell. You gotta love statistics. I guess the “can’t sell at all” portion is overwhelming.
“49% of variable rate mortgage holders will need to sell in the next 9 to 10 months.”
And 49% of the “fixed” rate mortgage holders will need to sell next year when their “fixed” rate adjusts?
London Ontario wiped out all of the 2021 and 2022 bubble gains.
San Antonio’s USAA Bank cuts another 130 jobs in mortgage group as national housing market slows
Houston Chronicle|13 hours ago
San Antonio’s USAA Bank eliminates jobs on declining demand for home loans, refinancing The employees who lost their jobs recently represent about 1.6 percent of the San Antonio bank’s total workforce.
Lightspeed Commerce Inc., a Canadian payment-tech firm that reduced staff by 10% last month, posted a larger-than-expected $814.8 million loss after writing down the value of firms it acquired before the technology market slumped.
About one-third of the $748.7 million impairment charge in the fiscal third quarter came from the firm’s largest acquisitions — those of Ecwid and NuORDER — which it made in 2021, the Montreal-based company said.
Analysts had estimated Lightspeed would post a $73 million net loss for the quarter.
“Because the shares went down quite a bit, there’s just an accounting treatment that brought a net loss,” Chief Executive Officer Jean-Paul Chauvet said in an interview. “That has nothing to do with our cash, nothing to do with our operations.”
It was yer operations that threw all that cash down a rat hole Jean-Paul.
yer operations that threw all that cash
At the speed of light.
PayPal chops hundreds of Bay Area jobs in fresh jolt to tech sector
Santa Cruz Sentinel|18 hours ago
SAN JOSE — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course. The digital payments giant intends to eliminate more …
Tampa Bay home equity continues to increase, despite home prices declining
The Business Journals|12 hours ago
Tampa Bay homeowners saw the value of their homes increase over the last two years, with historic growth over the past few years. Real estate data platform ATTOM … We need your help finding our area’s fastest-growing privately held companies.
Seattle health officials blame racism for spike in drug overdose deaths
Washington Examiner|9 hours ago
Seattle health officials are blaming a recent spike in drug … criminalization of substance use disorders, housing stability, and stigma, are just some of the factors that will require long-term, systematic changes and resources at all levels, from …
The housing shortage is the root of all of America’s problems
Business Insider|1 hour ago
Economic inequality in the US can be traced in part back to the housing shortage. It’s hard to hold a job or raise kids if you can’t afford a home.
PennyMac Mortgage (PMT) Reports Q4 Loss, Misses Revenue Estimates
YAHOO!Finance|12 hours ago
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -117.95% and 51.48%, respectively, for the quarter ended December 2022.
Blackstone’s REIT Continues to Face Massive Redemption Requests. Should Investors Worry?
The Motley Fool on MSN.com|1 day ago
According to Bloomberg, investors requested to pull more than $5 billion out of Blackstone’s (BX 1.30%) non-traded REIT, the Blackstone Real Estate Income Trust (or BREIT) last mo
Splunk joins PayPal IBM, SAP, Spotify, Google, Intel, Microsoft, Amazon and other tech companies making layoffs
MarketWatch on MSN.com|15 hours ago
Splunk has joined PayPal, IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.
Layoffs hit The Agency
The Real Deal|17 hours ago
The cuts place it in line with other residential players that have responded with layoffs after a historically strong 2021 gave way to a downturn stemming in large part from historically high mortgage rates. Compass, which laid off roughly 800 tech …
Wells Fargo cutting 140 mortgage jobs in Illinois
Winston-Salem Journal|17 hours ago
Wells Fargo & Co. filed Tuesday a WARN Act notice in Illinois that announced plans to eliminate 140 jobs in Springfield, Ill., at its home mortgage operations.
From the first 4:28 video:
San Jose Real Estate | January 2023| Prices Going Up?
Ava Li Real Estate
Feb 1, 2023 DOWNTOWN SAN JOSE
San Jose January 2023 housing sales data is out! Are you curious to find out about the sales price? Can we lowball to get a house now? Is now a good time to buy in San Jose/Bay area? I have compiled and analyzed San Jose residential properties sales for January 2023 and want to share some surprises with you!
============
00:00 – Intro
00:23 -January 2023 Sales Analysis
01:47 -January 2022 to January 2023 Price Comparison
02:20 – December 2022 to January 2023 Price Change and Surprises
03:00 – Buyer’s Market? or Stil Seller’s?
03:40 – Active Listings Overview
04: 15- Outro
The second 3:50 video:
Dallas Housing Market – 2022 Review and 2023 Outlook
Jim Guan
Feb 1, 2023
This video gives brief review of 2022 Dallas – Fort Worth Housing Market and provides the outlook of Dallas – Fort Worth housing market in 2023.
The third 11:35 video:
Buyers are WHAT???
Jon Lee Homes
Feb 2, 2023
REALTOR® Jonathan Lee of Keller Williams Portfolio Realty compares the monthly mortgage payments of 9 of the worst bubble buys off the twitter account of TOHousingSmash
Chapters:
0:11 – Introduction
2:20 – #314- 300 Manitoba St, Toronto
3:20 – 1731 Ada Crt, Pickering
4:09 – 113 Baldwin St, Toronto
4:50 – #929 – 60 Heintzman St, Toronto
5:33 – 8 Jones St, Alliston
6:17 – 26% or More
6:26 – #307 – 120 Harrison Gardens Blvd
7:10 – 1390 Lawson St, Innisfil
7:51 – 227 Windermere Ave, Toronto
8:32 – 34 Fanning Trail, Brampton
9:20 – The Twist in the worst buys
The fourth 7:28 video:
London Ontario Real Estate Market Update – January 2023: Prices DOWN 260k From Peak
Mark Mitchell – Mortgage Broker London Ontario
Feb 2, 2023
London’s real estate market continued to decline in January, with the average price down almost $260,000 since its peak in February of 2022. Inventory is up however, as the Months of Inventory has increased from December.
The fifth 15:43 video:
Have You Noticed This Price Trend In Vaughan, Richmond Hill & Markham? – Jan 25
Team Sessa Real Estate
Feb 2, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Jan 19 – Jan 25, 2022.
London Ontario Real Estate Market Update
“49% of variable rate mortgage holders will need to sell in the next 9 to 10 months.”
Oops!
Three months of “inventory”. 28 days to sell. You gotta love statistics. I guess the “can’t sell at all” portion is overwhelming.
“49% of variable rate mortgage holders will need to sell in the next 9 to 10 months.”
And 49% of the “fixed” rate mortgage holders will need to sell next year when their “fixed” rate adjusts?
London Ontario wiped out all of the 2021 and 2022 bubble gains.
San Antonio’s USAA Bank cuts another 130 jobs in mortgage group as national housing market slows
Houston Chronicle|13 hours ago
San Antonio’s USAA Bank eliminates jobs on declining demand for home loans, refinancing The employees who lost their jobs recently represent about 1.6 percent of the San Antonio bank’s total workforce.
Lightspeed Commerce Inc., a Canadian payment-tech firm that reduced staff by 10% last month, posted a larger-than-expected $814.8 million loss after writing down the value of firms it acquired before the technology market slumped.
About one-third of the $748.7 million impairment charge in the fiscal third quarter came from the firm’s largest acquisitions — those of Ecwid and NuORDER — which it made in 2021, the Montreal-based company said.
Analysts had estimated Lightspeed would post a $73 million net loss for the quarter.
“Because the shares went down quite a bit, there’s just an accounting treatment that brought a net loss,” Chief Executive Officer Jean-Paul Chauvet said in an interview. “That has nothing to do with our cash, nothing to do with our operations.”
https://www.msn.com/en-us/money/topstocks/lightspeed-s-net-loss-widens-as-tech-slump-prompts-writedown/ar-AA171QQW
It was yer operations that threw all that cash down a rat hole Jean-Paul.
yer operations that threw all that cash
At the speed of light.
PayPal chops hundreds of Bay Area jobs in fresh jolt to tech sector
Santa Cruz Sentinel|18 hours ago
SAN JOSE — PayPal has revealed plans for a fresh round of job cuts in San Jose, a staffing reduction that serves as a disquieting sign that the Bay Area’s tech layoffs have yet to run their course. The digital payments giant intends to eliminate more …
Tampa Bay home equity continues to increase, despite home prices declining
The Business Journals|12 hours ago
Tampa Bay homeowners saw the value of their homes increase over the last two years, with historic growth over the past few years. Real estate data platform ATTOM … We need your help finding our area’s fastest-growing privately held companies.
Seattle health officials blame racism for spike in drug overdose deaths
Washington Examiner|9 hours ago
Seattle health officials are blaming a recent spike in drug … criminalization of substance use disorders, housing stability, and stigma, are just some of the factors that will require long-term, systematic changes and resources at all levels, from …
The housing shortage is the root of all of America’s problems
Business Insider|1 hour ago
Economic inequality in the US can be traced in part back to the housing shortage. It’s hard to hold a job or raise kids if you can’t afford a home.
PennyMac Mortgage (PMT) Reports Q4 Loss, Misses Revenue Estimates
YAHOO!Finance|12 hours ago
PennyMac Mortgage (PMT) delivered earnings and revenue surprises of -117.95% and 51.48%, respectively, for the quarter ended December 2022.
Blackstone’s REIT Continues to Face Massive Redemption Requests. Should Investors Worry?
The Motley Fool on MSN.com|1 day ago
According to Bloomberg, investors requested to pull more than $5 billion out of Blackstone’s (BX 1.30%) non-traded REIT, the Blackstone Real Estate Income Trust (or BREIT) last mo
Splunk joins PayPal IBM, SAP, Spotify, Google, Intel, Microsoft, Amazon and other tech companies making layoffs
MarketWatch on MSN.com|15 hours ago
Splunk has joined PayPal, IBM, SAP, Spotify, Google parent Alphabet, Intel, Microsoft, Coinbase, Cisco, Amazon, Salesforce, HP, Roku, Beyond Meat, Meta and Twitter in announcing major layoffs in recent months.
Layoffs hit The Agency
The Real Deal|17 hours ago
The cuts place it in line with other residential players that have responded with layoffs after a historically strong 2021 gave way to a downturn stemming in large part from historically high mortgage rates. Compass, which laid off roughly 800 tech …
Wells Fargo cutting 140 mortgage jobs in Illinois
Winston-Salem Journal|17 hours ago
Wells Fargo & Co. filed Tuesday a WARN Act notice in Illinois that announced plans to eliminate 140 jobs in Springfield, Ill., at its home mortgage operations.
𝗣𝗼𝗿𝘁𝗹𝗮𝗻𝗱, 𝗢𝗥 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟭𝟴% 𝗬𝗢𝗬 𝗔𝘀 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆 𝗦𝗰𝗿𝗮𝗺𝗯𝗹𝗲𝘀 𝗧𝗼 𝗖𝗼𝗻𝗰𝗲𝗮𝗹 𝗖𝗼𝗹𝗹𝗮𝗽𝘀𝗶𝗻𝗴 𝗗𝗲𝗺𝗮𝗻𝗱 𝗔𝗻𝗱 𝗣𝗹𝘂𝗻𝗴𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗔𝗰𝗿𝗼𝘀𝘀 𝗧𝗵𝗲 𝗨𝗦
https://www.movoto.com/or/97213/market-trends/
𝘈𝘴 𝘰𝘯𝘦 𝘗𝘰𝘳𝘵𝘭𝘢𝘯𝘥 𝘣𝘳𝘰𝘬𝘦𝘳 𝘴𝘵𝘢𝘵𝘦𝘥, “𝘏𝘰𝘮𝘦𝘰𝘸𝘯𝘦𝘳𝘴 𝘴𝘩𝘰𝘶𝘭𝘥 𝘴𝘭𝘢𝘮 𝘵𝘩𝘦𝘪𝘳 𝘧𝘪𝘯𝘨𝘦𝘳𝘴 𝘪𝘯 𝘵𝘩𝘦 𝘥𝘰𝘰𝘳 𝘵𝘰 𝘥𝘦𝘵𝘳𝘢𝘤𝘵 𝘧𝘳𝘰𝘮 𝘵𝘩𝘦 𝘦𝘵𝘦𝘳𝘯𝘢𝘭 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘱𝘢𝘪𝘯 𝘵𝘩𝘦𝘺’𝘳𝘦 𝘢𝘣𝘰𝘶𝘵 𝘵𝘰 𝘦𝘹𝘱𝘦𝘳𝘪𝘦𝘯𝘤𝘦 𝘢𝘴 𝘱𝘳𝘪𝘤𝘦𝘴 𝘤𝘰𝘯𝘵𝘪𝘯𝘶𝘦 𝘵𝘰 𝘱𝘭𝘶𝘮𝘮𝘦𝘵.”