It's Friday desk clearing time for this blogger. "The world’s tallest residential building is giving…
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From the first 22:32 video:
China’s Foreclosures Soar Amid Economic Crisis/What’s the secret behind?
China Insights
Premiered Feb 27, 2023
” After calculation, I would have lost about 600,000 yuan or 87,000 US dollars.”–one homeowner.
An important sign of China’s deteriorating economy is the significant increase in the number of foreclosed homes in 2022. China Index Academy says this is a historically high number.
Some people may think that those who bought multiple properties are too greedy, which has led to their tragedy today. That’s not necessarily true. In China, people’s cash on hand is insecure, shrinking due to inflation, and there are almost no safe bank products of any kind. As a result, investing savings in the hot real estate market and rising housing prices has become the hope for many Chinese to preserve and increase the value of their money.
The second 2 minute video:
Steps To Foreclosure Properties on The Market Concord, NC
We Love Concord
Feb 28, 2023
Do I wait For A Foreclosure Property?
It’s a long way to market for a foreclosure house.
✅ Eviction
✅ Trashout
✅ Upfits per bank
✅ Photos and marketing
Is it worth waiting for? Only you can decide that! In the meantime, don’t despair-foreclosures happen in every kind of market condition-just part of life.
The third 6:13 video:
Sarasota & Manatee home prices in a decline? Housing Market Update February 21, 2023
Living in Sarasota and Siesta Key Florida
Feb 27, 2023
This is EVERYTHING you need to know about the Sarasota/Manatee housing market update for February 21, 2023. The numbers are out, and I explain what the implications are!
This is a comparison from December 2022 to January 2023.
Skip to the metric you want to know about!
00:00 Introduction
00:32 Metric 1: Total Closed Sales in January 2023
01:18 Metric 2: Median Sales Prices in January 2023
02:36 Metric 3: Inventory/Supply in January 2023
03:49 Metric 4: Days from Listing to Contract in January 2023
04:49 Metric 5: Number of homes on the market in January 2023
If you’re thinking of selling your home, time is of the essence! Call me and I will explain what I mean.
If you’re thinking of buying, let’s get you into a home that YOU love, as we have more and more options of homes for sale.
The fourth 8 minute video:
It’s Worth How Much? | Leander TX Homes
Charles Lewis – Move to Austin Texas & Prosper
Feb 27, 2023
Homes in Leander TX provide clues about 2023 home prices and the overall Austin housing market. Many sellers have not yet accepted they won’t be able to sell their house for what it was worth a year ago and buyers are expecting prices will continue to decline. They both can’t be right. Whatever you think is going to happen will impact your decisions today.
The fifth 4 minute video:
2023 Paradise Valley Real Estate Market – CRASH, Housing
Michael Smitty Smith Scottsdale AZ Real Estate
Feb 27, 2023
2023 Paradise Valley Real Estate Market – CRASH, Housing
The sixth 14:41 video:
Who Can Afford To Buy Toronto Real Estate? – Feb 22
Team Sessa Real Estate
Feb 28, 2023 CANADA
Toronto Real Estate Market Report for the week of Feb 16 – Feb 22, 2023.
Lots of interesting twists in the China Foreclosure story. All your assets frozen if you default. Banks not allowing loan payoffs. Black vibe.
These people have no intergenerational experience with the trap of mortgage debt, until now.
World’s Rich Take Advantage as $1 Trillion Property Market Craters
Bloomberg L.P.|10 hours ago
That’s a stark contrast from institutional investors, who pared their share of the $1.1 trillion market for offices, logistics sites and rental housing as defaults start to mount from higher interest rates in an end of the easy-money era.
Paul Vallas and Brandon Johnson will meet in a runoff to be the next mayor of Chicago after voters on Tuesday denied incumbent Lori Lightfoot a second term, issuing a rebuke to a leader who made history as head of the nation’s third-largest city.
Vallas, a former schools CEO backed by the police union, and Johnson, a Cook County commissioner endorsed by the Chicago Teachers Union, advanced to the April 4 runoff after none of the nine candidates was able to secure over 50% of the vote to win outright.
Lightfoot, the first Black woman and first openly gay person to lead the city, won her first term in 2019 after promising to end decades of corruption and backroom dealing at City Hall. But opponents blamed Lightfoot for an increase in crime that occured in cities across the U.S. during the pandemic and criticized her as being a divisive, overly contentious leader.
She is the first elected Chicago mayor to lose a reelection bid since 1983, when Jane Byrne, the city’s first female mayor, lost her Democratic primary.
“Regardless of tonight’s outcome, we fought the right fights and we put this city on a better path,” Lightfoot said. She told her fellow mayors around the country not to fear being bold.
Yip-yip-yip-yip-yip-yip, bmm
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Well every morning about this time (Sha-na-na-na, sha-na-na-na-na)
She gets me out of bed, a-crying get a job (Sha-na-na-na, sha-na-na-na-na)
After breakfast everyday she throws the want ads right my way
And never fails to say – get a job
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and through
I, my girl never fail to see if there is any work for me…
I got to go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and throu-ough
I, my girl never fail to see if there is any work for me…
I better go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na…
Former FTX Director of Engineering Nishad Singh pleaded guilty to six criminal charges in a New York court on Tuesday.
Singh, who worked with FTX founder Sam Bankman-Fried at the defunct crypto exchange, was reported to have been looking for a plea deal with prosecutors last month. Singh pleaded guilty to charges including fraud and conspiracy. Reuters reported the news on Tuesday.
Bankman-Fried has been charged with 12 different counts, ranging from bank fraud to securities and commodities fraud to conspiracy to commit money laundering. He has pleaded not guilty and faces a trial this fall.
His fellow former executives Caroline Ellison, who used to helm prop trading shop Alameda Research, and Gary Wang, an FTX co-founder, have already pleaded guilty to fraud charges tied to FTX’s collapse.
In a statement, Singh’s lawyers said, “Nishad is deeply sorry for his role in this and has accepted responsibility for his actions. He wants to do everything he can to make things right for victims, including by assisting the government to the best of his ability in this case.”
As search for new CEO begins, Rocket reports huge financial loss in Q4
HousingWire|7 hours ago
Having suffered a net loss of $197 million in the fourth quarter, Rocket Companies has lost about $363 million over the last two quarters. And a new CEO must be found.
MediaMath seemed destined for a $1B fairy-tale exit. Instead, most early investors got nothing.
Business Insider|2 hours ago
MediaMath was fated for greatness as a unicorn startup. But the adtech firm’s billion-dollar exit never happened. Early investors were left with nothing.
The price of one dozen Grade AA Large eggs has collapsed here to $2.99. Bird Flu Inflation may hopefully be over.
Happy March 1st. In less than three weeks it will officially be spring.
one dozen Grade AA Large eggs has collapsed here to $2.99.
Same price here in NC yesterday.
18 packs are down from $9 to $10 to about $5. (regular store brand eggs, the cheap stuff). Guess the PTB realized people were starting to notice and as we all know, there is no noticing allowed.
In early 2021 the same 18 pack was under $2.
Isn’t it great that eggs are ONLY $5.
You can never go home.
“(regular store brand eggs, the cheap stuff)”
Yep, the cheap stuff is back on the shelf. The brown organic free-range eggs have always been available, and they’re still expensive.
From the first 22:32 video:
China’s Foreclosures Soar Amid Economic Crisis/What’s the secret behind?
China Insights
Premiered Feb 27, 2023
” After calculation, I would have lost about 600,000 yuan or 87,000 US dollars.”–one homeowner.
An important sign of China’s deteriorating economy is the significant increase in the number of foreclosed homes in 2022. China Index Academy says this is a historically high number.
Some people may think that those who bought multiple properties are too greedy, which has led to their tragedy today. That’s not necessarily true. In China, people’s cash on hand is insecure, shrinking due to inflation, and there are almost no safe bank products of any kind. As a result, investing savings in the hot real estate market and rising housing prices has become the hope for many Chinese to preserve and increase the value of their money.
The second 2 minute video:
Steps To Foreclosure Properties on The Market Concord, NC
We Love Concord
Feb 28, 2023
Do I wait For A Foreclosure Property?
It’s a long way to market for a foreclosure house.
✅ Eviction
✅ Trashout
✅ Upfits per bank
✅ Photos and marketing
Is it worth waiting for? Only you can decide that! In the meantime, don’t despair-foreclosures happen in every kind of market condition-just part of life.
The third 6:13 video:
Sarasota & Manatee home prices in a decline? Housing Market Update February 21, 2023
Living in Sarasota and Siesta Key Florida
Feb 27, 2023
This is EVERYTHING you need to know about the Sarasota/Manatee housing market update for February 21, 2023. The numbers are out, and I explain what the implications are!
This is a comparison from December 2022 to January 2023.
Skip to the metric you want to know about!
00:00 Introduction
00:32 Metric 1: Total Closed Sales in January 2023
01:18 Metric 2: Median Sales Prices in January 2023
02:36 Metric 3: Inventory/Supply in January 2023
03:49 Metric 4: Days from Listing to Contract in January 2023
04:49 Metric 5: Number of homes on the market in January 2023
If you’re thinking of selling your home, time is of the essence! Call me and I will explain what I mean.
If you’re thinking of buying, let’s get you into a home that YOU love, as we have more and more options of homes for sale.
The fourth 8 minute video:
It’s Worth How Much? | Leander TX Homes
Charles Lewis – Move to Austin Texas & Prosper
Feb 27, 2023
Homes in Leander TX provide clues about 2023 home prices and the overall Austin housing market. Many sellers have not yet accepted they won’t be able to sell their house for what it was worth a year ago and buyers are expecting prices will continue to decline. They both can’t be right. Whatever you think is going to happen will impact your decisions today.
The fifth 4 minute video:
2023 Paradise Valley Real Estate Market – CRASH, Housing
Michael Smitty Smith Scottsdale AZ Real Estate
Feb 27, 2023
2023 Paradise Valley Real Estate Market – CRASH, Housing
The sixth 14:41 video:
Who Can Afford To Buy Toronto Real Estate? – Feb 22
Team Sessa Real Estate
Feb 28, 2023 CANADA
Toronto Real Estate Market Report for the week of Feb 16 – Feb 22, 2023.
Lots of interesting twists in the China Foreclosure story. All your assets frozen if you default. Banks not allowing loan payoffs. Black vibe.
These people have no intergenerational experience with the trap of mortgage debt, until now.
World’s Rich Take Advantage as $1 Trillion Property Market Craters
Bloomberg L.P.|10 hours ago
That’s a stark contrast from institutional investors, who pared their share of the $1.1 trillion market for offices, logistics sites and rental housing as defaults start to mount from higher interest rates in an end of the easy-money era.
Paul Vallas and Brandon Johnson will meet in a runoff to be the next mayor of Chicago after voters on Tuesday denied incumbent Lori Lightfoot a second term, issuing a rebuke to a leader who made history as head of the nation’s third-largest city.
Vallas, a former schools CEO backed by the police union, and Johnson, a Cook County commissioner endorsed by the Chicago Teachers Union, advanced to the April 4 runoff after none of the nine candidates was able to secure over 50% of the vote to win outright.
Lightfoot, the first Black woman and first openly gay person to lead the city, won her first term in 2019 after promising to end decades of corruption and backroom dealing at City Hall. But opponents blamed Lightfoot for an increase in crime that occured in cities across the U.S. during the pandemic and criticized her as being a divisive, overly contentious leader.
She is the first elected Chicago mayor to lose a reelection bid since 1983, when Jane Byrne, the city’s first female mayor, lost her Democratic primary.
“Regardless of tonight’s outcome, we fought the right fights and we put this city on a better path,” Lightfoot said. She told her fellow mayors around the country not to fear being bold.
https://www.mysuncoast.com/2023/03/01/chicago-mayor-lightfoot-ousted-vallas-johnson-runoff/
Yip-yip-yip-yip-yip-yip, bmm
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Well every morning about this time (Sha-na-na-na, sha-na-na-na-na)
She gets me out of bed, a-crying get a job (Sha-na-na-na, sha-na-na-na-na)
After breakfast everyday she throws the want ads right my way
And never fails to say – get a job
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and through
I, my girl never fail to see if there is any work for me…
I got to go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na
Ahh, yip-yip-yip-yip-yip-yip-yip-yip
Mum-mum-mum-mum-mum-mum, get a job
Sha-na-na-na, sha-na-na-na-na
Lord, and when I get the paper I read it through and throu-ough
I, my girl never fail to see if there is any work for me…
I better go back to the house, hear that woman’s mouth
Preachin’ and a cryin’, tell me that I’m lyin’ about a job
That I never could find
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na, sha-na-na-na-na, ahh-do
Sha-na-na-na…
Former FTX Director of Engineering Nishad Singh pleaded guilty to six criminal charges in a New York court on Tuesday.
Singh, who worked with FTX founder Sam Bankman-Fried at the defunct crypto exchange, was reported to have been looking for a plea deal with prosecutors last month. Singh pleaded guilty to charges including fraud and conspiracy. Reuters reported the news on Tuesday.
Bankman-Fried has been charged with 12 different counts, ranging from bank fraud to securities and commodities fraud to conspiracy to commit money laundering. He has pleaded not guilty and faces a trial this fall.
His fellow former executives Caroline Ellison, who used to helm prop trading shop Alameda Research, and Gary Wang, an FTX co-founder, have already pleaded guilty to fraud charges tied to FTX’s collapse.
In a statement, Singh’s lawyers said, “Nishad is deeply sorry for his role in this and has accepted responsibility for his actions. He wants to do everything he can to make things right for victims, including by assisting the government to the best of his ability in this case.”
https://finance.yahoo.com/news/former-ftx-engineering-director-nishad-164231734.html
Marc Benioff’s Salesforce fairy tale is crumbling down around him
https://finance.yahoo.com/m/7e32af86-6e8e-3ced-a33d-405be45f233e/marc-benioff%E2%80%99s-salesforce.html
As search for new CEO begins, Rocket reports huge financial loss in Q4
HousingWire|7 hours ago
Having suffered a net loss of $197 million in the fourth quarter, Rocket Companies has lost about $363 million over the last two quarters. And a new CEO must be found.
MediaMath seemed destined for a $1B fairy-tale exit. Instead, most early investors got nothing.
Business Insider|2 hours ago
MediaMath was fated for greatness as a unicorn startup. But the adtech firm’s billion-dollar exit never happened. Early investors were left with nothing.
The price of one dozen Grade AA Large eggs has collapsed here to $2.99. Bird Flu Inflation may hopefully be over.
Happy March 1st. In less than three weeks it will officially be spring.
one dozen Grade AA Large eggs has collapsed here to $2.99.
Same price here in NC yesterday.
18 packs are down from $9 to $10 to about $5. (regular store brand eggs, the cheap stuff). Guess the PTB realized people were starting to notice and as we all know, there is no noticing allowed.
In early 2021 the same 18 pack was under $2.
Isn’t it great that eggs are ONLY $5.
You can never go home.
“(regular store brand eggs, the cheap stuff)”
Yep, the cheap stuff is back on the shelf. The brown organic free-range eggs have always been available, and they’re still expensive.