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Multiple Reports Of An Increase In Homes Selling At A Loss

This Post Has 14 Comments
  1. From the first 12:17 video:

    Lakewood Ranch, Florida – Homes for Sale – Foreclosures, New Construction & Resale Opportunities
    Florida Real Estate Insight
    Troy Funk, Broker

    Feb 2, 2023
    Are you considering buying in Lakewood Ranch, Florida and want to know what’s possible in homes for sale with foreclosures, new construction and resale opportunities in Lakewood Ranch. In this video I share what are currently the best real estate values in Lakewood Ranch on homes for sale and why you should consider foreclosures, new construction, and resale opportunities in your housing search (especially in Lakewood Ranch).

    The second 5:38 video:

    Homes are under $400k now in Chandler/Gilbert??
    Arizona Home Goals
    Feb 2, 2023

    The third 10:13 video:

    Barrie Housing Market Stats are out!
    Living in Barrie
    Feb 2, 2023
    The Barrie Housing Market Stats are out for 2022. Diane Neto, Barrie and area realtor discusses the Barrie housing market and the outlying areas of Innisfil, Springwater, Essa and Midland. Housing prices saw a significant drop in 2022 but the values seemed to have leveled out.

    Barrie Realtor Diane Neto with Sutton Group Incentive Realty, is an experienced real estate salesperson specializing in the Simcoe County area including Barrie, Innisfil, Essa and Springwater. Residential real estate and investment real estate are both areas of her expertise. Toronto property buyers are best to use a local agent to get the best value.

    The fourth 8:11 video:

    Toronto Real Estate Market Update – January 2023: Prices Fall, 45% of Variable Holders May Sell
    Mark Mitchell – Mortgage Broker London Ontario
    Feb 3, 2023

    Toronto’s real estate prices continued to fall in January, with multiple reports of an increase in the amount of homes selling at a loss – that is homeowners selling their properties for less than was paid during the pandemic.

    The report comes as a new poll from Yahoo shows that 45% of holders of variable rate mortgages might be forced to sell their homes if the Bank of Canada does not reverse course on interest rates.

  2. A newly released survey by the Public Policy Institute of California asked the question: “Do you think the people in the state government waste a lot of the money we pay in taxes, waste some of it, or don’t waste very much of it?”

    Overall, 45% of Californians perceived that “a lot” of their money was being wasted by the suits in Sacramento, 46% believed “some” of their money was wasted and a very bizarre 8% somehow go through life believing the politicians and bureaucrats in state government “don’t waste very much.”

    The poll also showed that likely voters were a tad more skeptical than the average Californian, with 48% perceiving that Sacramento wastes “a lot” of their money, with just 5% saying they “don’t waste very much” money. That letter group must be the public employee union members.

    The PPIC survey also found that the vast majority of Californians believe they pay “much more” (31%) or “somewhat more” (39%) in state and local taxes than they should.

    1. I am surprised that the percentage that thought their money was not being wasted was not higher in California. Look at who they elected. What did they expect? Maybe that percentage represents everyone that is on the recieving end of the waste.

        1. To clarify: what part of election/voter fraud do you not understand? Do I need to recount how my Newsom recall ballot was never counted?

  3. A business in Seattle’s SODO neighborhood has survived everything from world wars to the Great Depression and even multiple pandemics, but says it can’t continue to stay open anymore due to the homeless crisis downtown.

    Thea Sand, the fifth-generation owner of Emmanuel’s Rug and Upholstery Cleaners SODO, said she is closing her business and leaving Seattle due to the persistent health and safety issues from nearby encampments.

    “We’ve just kind of had it with what’s happening in Seattle with our euphemistically termed by the city council ‘unhomed neighbors,'” said Sand.

    She described the situation outside her business, saying they’ve had trucks stolen from their locked lot, and every Monday morning they arrive to graffiti and needles on the ground. She even arrived to a burning mattress in the parking lot one morning.

    “Our clients are nervous coming down here to drop off,” said Sand.

    My employees don’t want to be here early in the morning, after dark or on weekends when we’re here alone.

    Sand said someone in an RV recently backed down the loading dock of her business and dumped raw sewage into a drain. She said she got the run around from the catch basin and sewage pumping companies for clean-up, so she and her employees had to take matters into their own hands.

    “So my employees and I put on basically rubber suits and gas masks and had a five gallon container of Clorox and had to clean it ourselves.”

  4. Majestic Home Loan closes shop
    National Mortgage News|14 hours ago
    The California-based wholesale lender also known as RMK Financial Corp. had hired close to a dozen account executives in December but stopped doing business on January 31.

    Mortgage job numbers drop further in annual revision
    National Mortgage News|16 hours ago
    When adjusted for filings from companies in the past year, nonbank employment in the industry was even lower than initial estimates suggested.

  5. Two men arrested in ‘cold-blooded’ massacre of 6, including mother and baby, in Tulare County

    The suspects were identified as Noah David Beard, 25, of Visalia and Angel “Nanu” Uriarte, 35, of Goshen, both Norteño gang members, according to the Tulare County Sheriff’s Office.

    Uriarte engaged in a gun battle with federal agents from the Bureau of Alcohol, Tobacco, Firearms and Explosives early Friday and was wounded before being taken into custody, officials said. Tulare County Sheriff Mike Boudreaux said Uriarte, who could face federal charges in the assault of a federal officer, underwent surgery at a hospital and was expected to survive.

    Investigators identified Beard as the suspect accused of killing the 16-year-old and her baby.

    In the video, Alissa Parraz runs across a dark driveway with her baby in her arms toward a locked chain-link gate blocking the street. Unable to escape, she hoists her baby over a nearby wooden fence and lowers him onto something on the other side before running across the driveway and vaulting over the chain-link fence.

    Moments later, a man walks toward them. He raises his right arm, a dark shadow of a gun visible in his hand, then the video cuts off. Both mother and child were shot in the back of the head, Boudreaux said.

    Eladio Parraz Jr., 52, was killed first, followed by Marcos Parraz, 19, and Jennifer Analla, 50, who was shot in her sleep, the sheriff said. Rosa Parraz, 72, was shot in the head while on her knees just beside her bed. Alissa Parraz and 10-month-old Nycholas were the last to die.

    “This family was targeted by cold-blooded killers,” Boudreaux said.

    At least two members of the Parraz family were Sureño gang members, Boudreaux said, adding that Goshen is considered rival Norteño territory. Beyond that information, the sheriff said investigators had not identified any motive for the slayings.

    The Tulare County Sheriff’s Office dubbed the early morning raids Operation Nightmare and said they included search warrants served at three locations in Goshen and nearby Visalia, and at several state prisons, including North Kern, Corcoran, Folsom and Pelican Bay. In all, eight cells and 16 inmates linked to the Nuestra Familia prison gang were targeted.

    In October 2021, Beard was arrested by Visalia police and charged with carrying a handgun and cocaine, according to Tulare County prosecutors. That case is pending, said Stuart Anderson, a spokesman for the Tulare County district attorney.

    At the time of the arrest, Beard was a fugitive, having violated probation in Kansas’ Wyandotte County, where he was convicted of aggravated robbery, according to court records.

    He was extradited to Kansas in November 2021 to answer for the probation violation, Anderson said. It’s unclear when he was released. Beard was previously charged in Tulare County in 2016 with hit and run, driving a stolen car and obstructing a Tulare County sheriff’s deputy. He pleaded no contest to hit and run, other charges were dropped, and he served 20 days in county jail, Anderson said.

    Uriarte was charged in 2014 in Tulare County with assaulting a person with a handgun, a crime that prosecutors said was committed in association with an unspecified street gang. Anderson said Uriarte pleaded no contest and served about five years of a seven-year prison sentence.

    Uriarte and Beard could not be reached for comment.

    The Norteño gang the two men allegedly belong to are tied to the Nuestra Familia prison gang, one of two prison-based organizations that hold strong sway over Latino gangs in California. The other is the Mexican Mafia.

    The Nuestra Familia was born in the 1960s, formed by state prisoners who resented the Mexican Mafia’s grip over Latino inmates. At its founding, the Nuestra Familia — Spanish for “our family” — was not defined by any geographical divide. Many of its earliest members were from Chino, East Los Angeles and other parts of Southern California.

    Over the years, however, the Nuestra Familia came to draw its members from Northern and Central California gangs. A rough line was drawn at Bakersfield: Gangs north of this line answered to the Nuestra Familia, its members identifying both in prison and on the streets as Norteños. Law enforcement officials have noticed that an increasing number of gangs in Northern and Central California now identify as Sureños, meaning they take orders from and pay “taxes” to members of the Mexican Mafia.

    In an FBI report reviewed by The Times, a recent defector from the Mexican Mafia said the organization was eager to expand into northern and rural areas of the state, where drugs command higher prices than in Southern California neighborhoods that are saturated with competing dealers.

    1. We allow criminals to enter the US, set criminals free after commiting crimes, restrict lawful citizens from the means to defend themselves, allow drugs to infect every corner of society, and cut back on and restrict the police from doing their jobs. What could go wrong?

  6. Denver’s homeless population continues to grow despite more spending (2/3/2023):

    “A point-in-time survey that captures a one-night snapshot of homeless in cities conducted in January 2022 counted 4,794 people living on Denver’s streets. That represents a 44% increase over the same survey’s results five years earlier.

    “The problem that we’re addressing is worse,” said Benjamin Dunning, historian for Denver Homeless Out Loud, a nonprofit advocacy group.

    In 2022, Denver budgeted $152,306,150 for housing and homelessness. That number grew to $180,948,669 for 2023, a 19% increase. In 2019, that budget was only $73,159,330, less than half what was budgeted last year.

    Dunning said that money is making a difference, but there is still a long way to go.

    “We’re putting hundreds of millions of dollars into a billion-dollar problem that is growing,” he said. “Denver is spending what they can, but it isn’t enough.”

    4,794 is a lowball number, there’s at least 20,000 out on the streets. Keep paying those property taxes, $180 million isn’t enough, no amount will ever be enough.

  7. 𝗔𝗹𝗲𝘅𝗮𝗻𝗱𝗿𝗶𝗮, 𝗩𝗔 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟮𝟰% 𝗬𝗢𝗬 𝗔𝘀 𝗘𝘅𝗰𝗲𝘀𝘀, 𝗘𝗺𝗽𝘁𝘆 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗜𝗻𝘃𝗲𝗻𝘁𝗼𝗿𝘆 𝗕𝗹𝗮𝗻𝗸𝗲𝘁𝘀 𝗡𝗼𝗿𝘁𝗵𝗲𝗿𝗻 𝗩𝗶𝗿𝗴𝗶𝗻𝗶𝗮

    𝘈𝘴 𝘰𝘯𝘦 𝘕𝘰𝘝𝘈 𝘣𝘳𝘰𝘬𝘦𝘳 𝘴𝘵𝘢𝘵𝘦𝘥, “𝘛𝘩𝘪𝘴 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘪𝘴 𝘳𝘪𝘥𝘥𝘭𝘦𝘥 𝘸𝘪𝘵𝘩 𝘧𝘳𝘢𝘶𝘥. 𝘕𝘰𝘸 𝘱𝘳𝘪𝘤𝘦𝘴 𝘢𝘳𝘦 𝘤𝘳𝘢𝘵𝘦𝘳𝘪𝘯𝘨.”

  8. The only thing I can be sure of regarding that dumb balloon story, is that it isn’t a Chinese Spy balloon that floated over here and is now crossing the US. How can I know that? Because that’s what the govt is telling me it is. And they always lie.


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