A report from the Newport Daily News in Rhode Island. "The City Council is considering…
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From the first 4:40 video:
Bay Area Monthly Market Update February
Market Updates With Nick Roe
Feb 8, 2023
Today we are going to dive into our real-time data from the housing market to see how things are going in the Bay Area!
The second 3 minute video:
Experts say slight drop in Salt Lake County home prices opens options for buyers, sellers
KUTV 2 News Salt Lake City
Feb 8, 2023
SALT LAKE CITY (KUTV) โ For the first time in more than a decade, year-to-year housing prices in Salt Lake County have dropped.
New housing numbers released show single-family home prices dropped 6% from December 2021 to December 2022.
While experts say itโs a slight drop in the overall equation when it comes to buying or selling, they said it really means now both parties have two key things; more time, and more options.
The third 4 minute video:
First time homebuyers, 2023 will be a good year in the Austin housing market for you
Austin Real Estate
Feb 8, 2023
2023 is going to be a good year in the Austin housing market for first time buyers. The last half of 2022 was not great for Austin Real estate as prices dropped, inventory sat and buyers sat out. I don’t think that will be the case in 2023. The fact that people keep moving to Austin, the rates have somewhat stabilized and that there are financing options to help buyers tells me that the Austin housing market will have a good year in 2023.
I especially think that is the case for new buyers with the amount of inventory, financing options, and non peak pricing. This will be a good year to buy a home in the greater Austin area.
The fourth 7 minute video:
Home Builders Destroy the Housing Market?
Investor Realtor Mom Life
Feb 8, 2023
Are home builders over building to the point that they are destroying the market? Come with me as I check out this Houston suburbia neighborhood in Manvel, Texas called Pomona. I give you the details on the crazy incentives these builders are throwing at buyers. This is not the market of just 4 months ago!!!
The fifth 5:33 video:
3 Scenarios For The 2023 Housing Market | Durham Region and the Greater Toronto Area
Inner Circle Real Estate Group
Feb 8, 2023
Today we wanted to take a look at the 2023 housing market, where it currently stands, and what are the likely outcomes for the rest of the year.
The sixth 16:36 video:
Bidding Wars Are Back In Vaughan, Richmond Hill & Markham Real Estate – Feb 1
Team Sessa Real Estate
Feb 9, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Jan 26 – Feb 1, 2022.
The seventh 1 minute video:
HOME VALUES NOSEDIVE in Portland, OR & the surrounding cities! ๐ก๐ง๐
HomeMade Portland
Feb 8, 2023
Home Values took a nosedive in Portland, Oregon, and the surrounding cities. Does this mean that the Housing Market is crashing? No, of course not! But this is an excellent opportunity to understand trends and appreciation.
Real Estate is a wonderful way to build wealth, but it’s not a get-rich-quick scheme. Unfortunately, the hyper-aggressive markets over the last ten years have sent the wrong message regarding the financial benefits of homeownership. The average annual appreciation (i.e., the increase in your home value) should be approximately 4% to 6%. In 2023, so far, every location is below the benchmark. The five-year average shows North Portland, NE Portland, SE Portland, and SW Portland under the benchmark. The 10-year average shows all locations within or above the benchmark. And the 20-year average shows all locations within the benchmark.
Anything above 4% to 6% is an amazing gift but should not be expected or missed during a short-term market fluctuation. This will be a fun trend to watch during 2023.
A cold, rainy winter in California has exposed the challenges that can arise when a poster child for the clean energy transition isnโt fully ready to make the leap from fossil fuels. California residents who rely on natural gas have complained of monthly energy bills approaching $800, Governor Gavin Newsom has called for an investigation into prices, and manufacturers of everything from steel to cement have said the only way to cut costs would be to move to another state.
While California has long been at the forefront of the push into cleaner energy, its ambitions belie its reality โ on some days, gas-fired generation can still make up more than half of electricity supplies in the region, and it burns more of the methane-rich combustible each year than France.
โUnfortunately for Californians, theyโre going through this bumpy energy transition where everything doesnโt just fit exactly,โ said Eugene Kim, a research director at consulting firm Wood Mackenzie Ltd. โItโs a battle between longer-term energy transition versus your immediate needs.โ
Lance Hastings, chief executive officer of California Manufacturers & Technology Association, said that while residential customers might be able to limit the use of gas in their homes to offset price hikes, businesses donโt have that option. They can stick it out or, in what he calls a โworst-case scenario,โ relocate to somewhere cheaper.
โWe are essentially stuck with the price of natural gas in California,โ he said. โItโs admirable to get us to a future that will have a reliance on different energy sources. We just don’t have the technology at the moment, or the partnership with government and others, to get there.โ
“California residents who rely on natural gas have complained of monthly energy bills approaching $800…”
In San Jose right now it’s cheaper to heat with electricity than natural gas. An upright electric oil radiator in the rooms you spend the most time in saves money.
My January heat bill was $100.
We just donโt have the technology at the moment
You don’t have a connection to reality. You will eventually.
Lady Gaga’s father and New York City restaurant owner, Joe Germanotta, recently complained that the city “seems filthy” and often smells like weed.
“I think the city is a mess. It looks horrible. People coming from Connecticut and Long Island…maybe going to Lincoln Center for a show, and then they’re walking around, it smells like weed everywhere,” Germanotta said. “The city looks terrible, from just probably four years ago…it’s dirtier, there’s a lot more people out on the street…it seems filthy.”
Columbia Property Trust takes loss on Midtown South office building sale
Crain’s New York|19 hours ago
Columbia Property Trust has sold a Midtown South office building at a roughly $11 million loss in yet another sign of the sector’s continued struggles to bounce back from the pandemic. A limited liability company linked to the consumer products firm Enchantรฉ Accessories bought 149 Madison Ave.
Former top Zell executive takes 30% loss on Lincoln Park condo
Crain’s Chicago Business|18 hours ago
The sale price comes in below what the former Equity Group Investments president paid for the condo 16 years ago.
Murdoch’s News Corp to Cut 5% of Staff After Earnings Plunge
Bloomberg on MSN.com|1 hour ago
Billionaire Rupert Murdoch’s News Corp. said it will cut 5% of its staff this year, or about 1,250 positions, across its empire after earnings plunged in its book publishing, news media and digital real estate divisions.
Local Bed Bath & Beyond among hundreds to close
The Sentinel-Record|2 hours ago
Bed Bath & Beyond will soon be leaving the Spa City, according to a list of stores its parent company released Tuesday.
Credit Suisse Reports Huge Loss as It Seeks to Revive Fortunes
The New York Times|19 hours ago
It is an ominous omen for Credit Suisse, a 167-year-old icon of Swiss banking that has lurched from crisis to crisis over the past two decades, including losses tied to the housing market, trading disasters, management upheaval and costly legal settlements.
JP Morgan Lays Off Hundreds Of Mortgage Employees Shortly After Hiring Announcement: Report
Outlookindia|18 hours ago
As per latest reports, JP Morgan Chase & Co. has laid off hundreds of mortgage employees just a few hours after the company announced new vacancies and hiring for the same. According to a Reuters report, JP Morgan announced its plans to hire more than 500 …
Canopy Growth sheds assets in Canada, plans more layoffs
Reuters|1 day ago
Shares of the company, which reported a bigger quarterly loss, plunged nearly 15% to C$3.13. The company has been cutting costs through layoffs, exit from some international markets, store closures and divestiture of its retail business across Canada.
Family of property developers imprisoned for multi-million pound mortgage and investment fraud
Crown Prosecution Service|1 day ago
Four property developers have been imprisoned today (9 February 2023) for multiple counts of mortgage and investment fraud which has resulted in losses to investors of over ยฃ1.5m with the defendants benefitting over ยฃ2.
“Local Bed Bath & Beyond among hundreds to close”
Sure, who needs another row of pillows in their dead bedroom? LOL
Canopy Growth sheds assets in Canada, plans more layoffs
I was looking into that. They posted something like $250M loss in the last quarter. The layoffs and consolidation will save them something like $150M per year. These guys are brilliant, or it’s just another colossal IPO scam.
From the first 4:40 video:
Bay Area Monthly Market Update February
Market Updates With Nick Roe
Feb 8, 2023
Today we are going to dive into our real-time data from the housing market to see how things are going in the Bay Area!
The second 3 minute video:
Experts say slight drop in Salt Lake County home prices opens options for buyers, sellers
KUTV 2 News Salt Lake City
Feb 8, 2023
SALT LAKE CITY (KUTV) โ For the first time in more than a decade, year-to-year housing prices in Salt Lake County have dropped.
New housing numbers released show single-family home prices dropped 6% from December 2021 to December 2022.
While experts say itโs a slight drop in the overall equation when it comes to buying or selling, they said it really means now both parties have two key things; more time, and more options.
The third 4 minute video:
First time homebuyers, 2023 will be a good year in the Austin housing market for you
Austin Real Estate
Feb 8, 2023
2023 is going to be a good year in the Austin housing market for first time buyers. The last half of 2022 was not great for Austin Real estate as prices dropped, inventory sat and buyers sat out. I don’t think that will be the case in 2023. The fact that people keep moving to Austin, the rates have somewhat stabilized and that there are financing options to help buyers tells me that the Austin housing market will have a good year in 2023.
I especially think that is the case for new buyers with the amount of inventory, financing options, and non peak pricing. This will be a good year to buy a home in the greater Austin area.
The fourth 7 minute video:
Home Builders Destroy the Housing Market?
Investor Realtor Mom Life
Feb 8, 2023
Are home builders over building to the point that they are destroying the market? Come with me as I check out this Houston suburbia neighborhood in Manvel, Texas called Pomona. I give you the details on the crazy incentives these builders are throwing at buyers. This is not the market of just 4 months ago!!!
The fifth 5:33 video:
3 Scenarios For The 2023 Housing Market | Durham Region and the Greater Toronto Area
Inner Circle Real Estate Group
Feb 8, 2023
Today we wanted to take a look at the 2023 housing market, where it currently stands, and what are the likely outcomes for the rest of the year.
The sixth 16:36 video:
Bidding Wars Are Back In Vaughan, Richmond Hill & Markham Real Estate – Feb 1
Team Sessa Real Estate
Feb 9, 2023
Vaughan Home Prices, Richmond Hill Home Prices & Markham Home Prices for the week of Jan 26 – Feb 1, 2022.
The seventh 1 minute video:
HOME VALUES NOSEDIVE in Portland, OR & the surrounding cities! ๐ก๐ง๐
HomeMade Portland
Feb 8, 2023
Home Values took a nosedive in Portland, Oregon, and the surrounding cities. Does this mean that the Housing Market is crashing? No, of course not! But this is an excellent opportunity to understand trends and appreciation.
Real Estate is a wonderful way to build wealth, but it’s not a get-rich-quick scheme. Unfortunately, the hyper-aggressive markets over the last ten years have sent the wrong message regarding the financial benefits of homeownership. The average annual appreciation (i.e., the increase in your home value) should be approximately 4% to 6%. In 2023, so far, every location is below the benchmark. The five-year average shows North Portland, NE Portland, SE Portland, and SW Portland under the benchmark. The 10-year average shows all locations within or above the benchmark. And the 20-year average shows all locations within the benchmark.
Anything above 4% to 6% is an amazing gift but should not be expected or missed during a short-term market fluctuation. This will be a fun trend to watch during 2023.
A cold, rainy winter in California has exposed the challenges that can arise when a poster child for the clean energy transition isnโt fully ready to make the leap from fossil fuels. California residents who rely on natural gas have complained of monthly energy bills approaching $800, Governor Gavin Newsom has called for an investigation into prices, and manufacturers of everything from steel to cement have said the only way to cut costs would be to move to another state.
While California has long been at the forefront of the push into cleaner energy, its ambitions belie its reality โ on some days, gas-fired generation can still make up more than half of electricity supplies in the region, and it burns more of the methane-rich combustible each year than France.
โUnfortunately for Californians, theyโre going through this bumpy energy transition where everything doesnโt just fit exactly,โ said Eugene Kim, a research director at consulting firm Wood Mackenzie Ltd. โItโs a battle between longer-term energy transition versus your immediate needs.โ
Lance Hastings, chief executive officer of California Manufacturers & Technology Association, said that while residential customers might be able to limit the use of gas in their homes to offset price hikes, businesses donโt have that option. They can stick it out or, in what he calls a โworst-case scenario,โ relocate to somewhere cheaper.
โWe are essentially stuck with the price of natural gas in California,โ he said. โItโs admirable to get us to a future that will have a reliance on different energy sources. We just don’t have the technology at the moment, or the partnership with government and others, to get there.โ
https://finance.yahoo.com/news/california-surging-energy-bills-problem-150025225.html
“California residents who rely on natural gas have complained of monthly energy bills approaching $800…”
In San Jose right now it’s cheaper to heat with electricity than natural gas. An upright electric oil radiator in the rooms you spend the most time in saves money.
My January heat bill was $100.
We just donโt have the technology at the moment
You don’t have a connection to reality. You will eventually.
Lady Gaga’s father and New York City restaurant owner, Joe Germanotta, recently complained that the city “seems filthy” and often smells like weed.
“I think the city is a mess. It looks horrible. People coming from Connecticut and Long Island…maybe going to Lincoln Center for a show, and then they’re walking around, it smells like weed everywhere,” Germanotta said. “The city looks terrible, from just probably four years ago…it’s dirtier, there’s a lot more people out on the street…it seems filthy.”
https://www.msn.com/en-us/news/us/lady-gagas-dad-complains-filthy-nyc-smells-like-weed/ar-AA17iqhT
Columbia Property Trust takes loss on Midtown South office building sale
Crain’s New York|19 hours ago
Columbia Property Trust has sold a Midtown South office building at a roughly $11 million loss in yet another sign of the sector’s continued struggles to bounce back from the pandemic. A limited liability company linked to the consumer products firm Enchantรฉ Accessories bought 149 Madison Ave.
Former top Zell executive takes 30% loss on Lincoln Park condo
Crain’s Chicago Business|18 hours ago
The sale price comes in below what the former Equity Group Investments president paid for the condo 16 years ago.
Murdoch’s News Corp to Cut 5% of Staff After Earnings Plunge
Bloomberg on MSN.com|1 hour ago
Billionaire Rupert Murdoch’s News Corp. said it will cut 5% of its staff this year, or about 1,250 positions, across its empire after earnings plunged in its book publishing, news media and digital real estate divisions.
Local Bed Bath & Beyond among hundreds to close
The Sentinel-Record|2 hours ago
Bed Bath & Beyond will soon be leaving the Spa City, according to a list of stores its parent company released Tuesday.
Credit Suisse Reports Huge Loss as It Seeks to Revive Fortunes
The New York Times|19 hours ago
It is an ominous omen for Credit Suisse, a 167-year-old icon of Swiss banking that has lurched from crisis to crisis over the past two decades, including losses tied to the housing market, trading disasters, management upheaval and costly legal settlements.
JP Morgan Lays Off Hundreds Of Mortgage Employees Shortly After Hiring Announcement: Report
Outlookindia|18 hours ago
As per latest reports, JP Morgan Chase & Co. has laid off hundreds of mortgage employees just a few hours after the company announced new vacancies and hiring for the same. According to a Reuters report, JP Morgan announced its plans to hire more than 500 …
Canopy Growth sheds assets in Canada, plans more layoffs
Reuters|1 day ago
Shares of the company, which reported a bigger quarterly loss, plunged nearly 15% to C$3.13. The company has been cutting costs through layoffs, exit from some international markets, store closures and divestiture of its retail business across Canada.
Family of property developers imprisoned for multi-million pound mortgage and investment fraud
Crown Prosecution Service|1 day ago
Four property developers have been imprisoned today (9 February 2023) for multiple counts of mortgage and investment fraud which has resulted in losses to investors of over ยฃ1.5m with the defendants benefitting over ยฃ2.
“Local Bed Bath & Beyond among hundreds to close”
Sure, who needs another row of pillows in their dead bedroom? LOL
Canopy Growth sheds assets in Canada, plans more layoffs
I was looking into that. They posted something like $250M loss in the last quarter. The layoffs and consolidation will save them something like $150M per year. These guys are brilliant, or it’s just another colossal IPO scam.
๐ฆ๐๐ฎ๐ป๐๐ถ๐น๐น๐ฒ, ๐ ๐ ๐๐ผ๐๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐๐ฟ๐ฎ๐๐ฒ๐ฟ ๐ฎ๐ฎ% ๐ฌ๐ข๐ฌ ๐๐ ๐ก๐ฒ๐ ๐๐ป๐ด๐น๐ฎ๐ป๐ฑ ๐๐ผ๐๐๐ถ๐ป๐ด ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐๐ฐ๐ธ๐น๐ฒ๐ ๐จ๐ป๐ฑ๐ฒ๐ฟ ๐ช๐ฒ๐ถ๐ด๐ต๐ ๐ข๐ณ ๐ ๐ผ๐ฟ๐๐ด๐ฎ๐ด๐ฒ ๐๐ฒ๐น๐ถ๐ป๐พ๐๐ฒ๐ป๐ฐ๐ถ๐ฒ๐
https://www.movoto.com/swanville-me/market-trends/
๐๐ด ๐ฐ๐ฏ๐ฆ ๐ฏ๐ข๐ต๐ช๐ฐ๐ฏ๐ข๐ญ ๐ญ๐ข๐ฏ๐ฅ ๐ฃ๐ณ๐ฐ๐ฌ๐ฆ๐ณ ๐ด๐ฉ๐ข๐ณ๐ฆ๐ฅ, โ๐๐ง ๐บ๐ฐ๐ถ ๐ฑ๐ข๐ช๐ฅ ๐ฎ๐ฐ๐ณ๐ฆ ๐ต๐ฉ๐ข๐ฏ $500 ๐ต๐ฐ $1000 ๐ข๐ฏ ๐ข๐ค๐ณ๐ฆ, ๐บ๐ฐ๐ถ ๐จ๐ฐ๐ต ๐ณ๐ช๐ฑ๐ฑ๐ฆ๐ฅ ๐ฐ๐ง๐ง.โ