Buyer’s Remorse Is Rampant
Bay AreaHousing bubbleLondonManatee CountyPalm Beach IslandSan FranciscoSarasotaSilicon ValleyTorontoWest Palm Beach
Is The Housing Market Cooling Off Too Fast?
https://www.youtube.com/watch?v=Nk9sjgBNn-Q https://www.youtube.com/watch?v=7Ge8TiDNJrM https://www.youtube.com/watch?v=nwSh6yqczLY https://www.youtube.com/watch?v=O7pyBFCibLk https://www.youtube.com/watch?v=rZGWIDqB0_I
We Increase Prices Without Understanding That It Will Backfire On Every Single Part Of The Industry
A report from Market Watch. "'Our prices have come off of their irrational highs of…
From the first 13:27 video:
Have Bay Area homebuyers returned after the rainstorm – Feb 2023
HAYLEN Group Real Estate
Feb 19, 2023
Find out the latest Bay Area multifamily market stats and updates in East Bay, Silicon Valley, and San Francisco.
ℹ️ Table of Contents:
1:15 Number of Active Listings
1:43 Number of Active Listings vs. Number of Sales
2:25 Months of Inventory
3:02 Days on Market
3:33 Sale Price to List Price Ratio
4:01 Number of Listings Withdrawn/Canceled
5:14 List Price Decreased
5:57 Transactions Fell Through
6:16 Median Sale Prices
The second 17:24 video:
Home Buyer’s Remorse? | Buyer’s Remorse is Rampant among Pandemic Purchases
Living in Sarasota and Manatee Counties
Feb 19, 2023
Do you have home buyer’s remorse? Did you know that Buyer’s Remorse Is Rampant Among Pandemic Purchasers? Judy and I decided to have a conversation about what your options are if you have remorse and how we can help if you have questions regarding your buying decision during the pandemic.
The third 35 minute video:
West Palm Beach And Palm Beach Island Condo Market Analysis During Winter Buying Season 2022-23
Feb 19, 2023
This is a report by Peter Zalewski of Condo Vultures® on the West Palm Beach and Palm Beach Island market in Palm Beach County of the tricounty South Florida region. The podcast focuses on condos, luxury condos, distressed condos and rentals.
In segment one, Zalewski provides an overview of what the podcast will discuss. He also explains the nuances of the statistics.
In segment two, Zalewski focuses on the combined condo statistics for West Palm Beach and Palm Beach Island. This is a link to a copy of the chart:
In segment three, Zalewski focuses on the luxury condo statistics for West Palm Beach and Palm Beach Island. This is a link to a copy of the chart:
In segment four, Zalewski focuses on the distressed condo statistics for shortsale and real-estate owned (REO) condos in West Palm Beach and Palm Beach Island. These are links to copies of each chart:
In segment five, Zalewski focuses on the rental statistics for West Palm Beach and Palm Beach Island. This is a link to a copy of the chart:
The fourth 13:40 video:
Toronto Homes Are FAILING To Sell AT BIDDING – Toronto Real Estate Market Update 2023!
SaberiSixRealEstate – Sam Saberikamareh
Feb 19, 2023
Toronto Homes Are FAILING To Sell AT BIDDING – Toronto Real Estate Market Update 2023! We have been hearing about how bidding wars are back within the Toronto real estate market. How homes are getting 15 offer, selling 300k above asking price. In this video, i tell you the facts about the Toronto real estate market in 2023 as it pertains to the bidding war strategy. As i explain in this Toronto real estate market update, the bidding war strategy has definitely made a come back, and prices are picked up a tiny bit BUT – thee are tons of Toronto homes for sale in this market that are failing to sell at bidding. Furthermore, i explain how the Toronto homes which do successfully sell on bidding night with multiple offers are not actually selling for that much higher than they would have otherwise, or not as much as they did in the past – during peak market conditions within the Toronto real estate market and Toronto condo market.
The fifth 8 minute video:
Buying Real Estate in 2022 Turns into ‘Nightmare’: London Couple
Mark Mitchell – Mortgage Broker London Ontario
Feb 20, 2023 CANADA
A London couple who purchased their home in March of 2022 is calling the process a ‘nightmare’ after their payments increased by $1,600 since their initial purchase.
They bought their home in March 2022. Why this Ontario couple calls the purchase a nightmare:
London-area home prices down 25% in a year – but few buyers enticed:
Consumer price index portal:
Home prices in London, Ont. and rest of Canada expected to stay high despite interest rates rising:
London and St. Thomas Residential Market Activity and MLS® Home Price Index Report March 2022:
London and St. Thomas Residential Market Activity and MLS® Home Price Index Report June 2022:
Canada’s inflation rate now at 30-year high of 5.7%:
Half of variable mortgage holders with fixed payments have hit trigger rate: BoC:
Up to 80% of variable-rate borrowers have hit their trigger rate: National Bank:
Markets raise bets on BoC rate hike this summer, cuts in 2024:
Will the latest interest rate hike cool off Canada’s housing market? Experts aren’t so sure:
Bank of Canada likely to raise rates again Wednesday — but should it?:
As central bankers talk tough on inflation, markets prepare for rate cuts:
Canada’s overheated economy is still putting upward pressure on prices, says Tiff Macklem:
Wattle Cafe owner Ana Ivkosic joined “Fox & Friends” to discuss how the migrant crisis has affected her business and the lack of tourists has made the neighborhood feel like a “ghost town.”
Ivkosic said small-business owners like herself felt “blindsided” by the decision to place migrants at the “world’s largest” Holiday Inn, located by her Manhattan café. She said her business relies on tourists for steady traffic, but now the hotel has become the “world’s tallest migrant facility.”
“All of a sudden, a lot of the revenue that we were relying upon from the tourists has essentially disappeared,” said Ivkosic, adding that business owners did not know this would happen.
“Whatcha doin’?” “Nothin’, chillin’ at the Holidae Inn”
As usual, life imitates art.
adding that business owners did not know this would happen
Anyone who is productive and pays taxes needs to leave places like NYC.
The ultimate in stooopid 2 people buying a 3 bedroom house…and then spending more$$$ to renovate
Fernanda Santos and Gustavo Pereira purchased this three-bedroom home in London, Ont.’
𝗦𝗮𝗻𝘁𝗮 𝗥𝗼𝘀𝗮, 𝗖𝗔 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟭𝟴% 𝗬𝗢𝗬 𝗔𝘀 𝗦𝗼𝗻𝗼𝗺𝗮 𝗖𝗼𝘂𝗻𝘁𝘆 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗔𝗻𝗱 𝗟𝗮𝗻𝗱 𝗣𝗿𝗶𝗰𝗲𝘀 𝗣𝗹𝘂𝗺𝗺𝗲𝘁 𝗢𝗻 𝗦𝗼𝗮𝗿𝗶𝗻𝗴 𝗕𝗮𝗻𝗸𝗿𝘂𝗽𝘁𝗰𝘆 𝗙𝗶𝗹𝗶𝗻𝗴𝘀
𝘈𝘴 𝘰𝘯𝘦 𝘯𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘭𝘢𝘯𝘥 𝘣𝘳𝘰𝘬𝘦𝘳 𝘥𝘪𝘴𝘤𝘭𝘰𝘴𝘦𝘥, “𝘐𝘧 𝘺𝘰𝘶 𝘱𝘢𝘪𝘥 𝘮𝘰𝘳𝘦 𝘵𝘩𝘢𝘯 $500 𝘢𝘯 𝘢𝘤𝘳𝘦 𝘧𝘰𝘳 𝘭𝘢𝘯𝘥 𝘢𝘯𝘺𝘸𝘩𝘦𝘳𝘦, 𝘺𝘰𝘶 𝘨𝘰𝘵 𝘳𝘪𝘱𝘱𝘦𝘥 𝘰𝘧𝘧.”
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