It's Friday desk clearing time for this blogger. "Rising mortgage delinquency rates in Florida are…
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From the first 4:25 video:
Arizona Home Buyers Regret Their Home Purchase – Phoenix AZ Real Estate
Mar 6, 2023
Many Arizona home buyers regret their home purchase. The Phoenix AZ real estate market was red hot during the pandemic years. Low interest rates drove many home buyers into the market in search for once in a lifetime opportunites. We saw home mortgage interest rates as low as 2.5%. This was absolutely unheard of and very unlikely to happen again. Fierce competition for homes pushed many home buyers to overpay for homes. Many offered above asking price. Many waived their home inspections. Many waived their appraisals. Home buyers did everything they had to do to get an offer accepted. Now that the market has cooled due to the rise of mortgage rates, many buyers are now regretting those decisions. In this video we take a look at a recently published article that surveys many homebuyers and the results were astounding. Many pandemic home buyers now have buyers remorse. Strap in as this one is going to be a wild ride. 😀
======
00:00 Introduction
00:42 Home Buyers’s remorse is rampant among pandemic purchasers
00:59 Home Buyer’s over bid on their offers
01:12 3/4 of people surveyed regret their purchase
01:38 Most common home buyer regrets
02:12 Home maintenance is too expensive
02:27 Many buyers would do things differently
02:49 Silver lining for pandemic buyers
03:34 Should I sell my home that I bought during the pandemic
04:03 outro
The second 8:17 video:
Ajax & Oshawa Real Estate Market Update for February 2023
Honest real estate talk
Mar 7, 2023 #ajaxontario #oshawarealestate
Ajax and Oshawa Ontario’s real estate markets took a big hit in 2022. Prices falling about 25% and home sales were down over 50%. But now are they returning to normal?
Durham region has many busy cities including Ajax, Oshawa, Whitby and Pickering. In this video, I focus on Ajax and Oshawa
We look at how they have faired in the past 5 years. Comparing homes sales to average prices for detached homes, freehold townhouses, and condos in Ajax and Oshawa.
The third 21 minute video:
Are Toronto Homes Really Worth Their Steep Price? – Mar 1
Team Sessa Real Estate
Mar 7, 2023
Toronto Real Estate Market Report for the week of Feb 23 – Mar 1, 2023.
US stocks look as overvalued as when the 2022 bear market kicked off, Morgan Stanley warned.
Investors should brace for another crash, the bank’s wealth management strategists said. “The real damage for the cycle… may still be ahead,” they said in a note Monday.
Britain fires up back-up coal plants for first time ever
The Daily Telegraph|11 hours ago
Emergency coal-fired electricity was used for the first time this winter to stave off the threat of blackouts after a cold snap and strikes in France stretched supplies. The fossil fuel accounted for almost 5pc of Britain’s electricity generation on Tuesday evening after National Grid ordered EDF to start running its West Burton A plant near Retford,
Top mortgage lenders cut 10K jobs in 2022
The Real Deal|17 hours ago
Rocket and United Wholesale Mortgage cut nearly 10,000 jobs in 2022 as the major mortgage lenders tried to minimize losses.
Bank of America exits lease on Concord office building it once owned
The Business Journals|14 hours ago
A bank spokesperson confirmed on Friday that it has exited the building, but declined to provide comment. The building is part of a 15-acre, four-building campus across the street from the Concord BART Station that Bank of America constructed between 1984 and 1986.
Seattle bus drivers getting sick from fentanyl smoke on city buses amid drug, homelessness crisis: report
Fox News on MSN.com|15 hours ago
Bus drivers in Seattle say they are becoming physically sick from fentanyl smoke from drug users on the busses after the city declared the drug a public health emergency.
Denver moving to make COVID-era managed tent camps a permanent homelessness tool
Fort Morgan Times|12 hours ago
Denver officials are working to make the temporary, managed campsites that popped up around the city during the pandemic a permanent tool for addressing the homelessness crisis.
“Really, this is simply a protect the children from perverts bill,” Rep. Bruce Skaug, R-Nampa, said in his floor debate.
Under Marxism, children are the property of the state.
It’s Raining Multifamily
GlobeSt.com|14 hours ago
It’s Raining Men,” so the 1980s song by the Weather Girls went. More than 40 years later, what’s raining is multifamily units. In a research brief, CBRE forecasts that 716,000 multifamily housing units will hit the market over the next 24 months.
Australia politics live: Daniel Andrews defends taxpayer funded polling, says popularity during Covid was ‘absolutely unimportant’
The Guardian on MSN.com|8 hours ago
Pacific and anywhere the rules-based international order is threatened. This is the modern Britain that has been shaped by the world. This is the global Britain that understands the legacy and responsibility of empire.
WeWork, Reeling From Cash Crunch, Tries to Shore Up Financial Footing
The New York Times|13 hours ago
The co-working giant is close to an agreement with SoftBank and others for new money and to restructure its debt.
Rocket Mortgage adds special-purpose credit program
HousingWire|14 hours ago
Rocket Mortgage expanded its special-purpose credit program that will offer a $3,000 credit for first-time homebuyers for their downpayment.
“Rocket Mortgage expanded its special-purpose credit program that will offer a $3,000 credit for first-time homebuyers for their downpayment.”
Rocket’s expansion of its special-purpose credit program comes on the heels of the lender reporting its largest financial loss yet – negative $197 million in net adjusted income in the fourth quarter. By generally accepted accounting practices (GAAP), Rocket lost $493 million.
“WeWork, Reeling From Cash Crunch…”
Adam Neumann doesn’t work, and he has piles of cash.
Joe Biden’s America.
Wild video captures rowdy NYC ‘wolfpack’ trashing Chinese restaurant:
“Shocking video footage captures the moment a young mob violently trashed a Chinese restaurant in Queens over the weekend, overturning tables and breaking chairs as terrified staff and customers helplessly looked on.
The heinous hooligans left Fish Village in College Point in shambles Saturday, according to a video posted on Twitter by community activist Yiatin Chu.
“We’ve fallen so low that there’s no expectation of consequences for this horrific attack on private property,” Chu, president of Asian Wave Alliance and a co-founder of PLACE NYC, wrote in the post.
“This video is going viral on WeChat. Fish Village, a restaurant in College Point, Qns was ransacked by a gang of masked kids in hoodies.”
Police said the mob stormed the 127th Street restaurant shortly after 8:15 p.m., wrecking tables and chairs and damaging plates and a large window in the senseless destruction.
“If I had a son, he’d look like Trayvon” — Barack Hussein Obama
The beauty of living in Queens was that you could escape the insanity of Manhattan with a quick 15 minute ride on the E train. That seems to have gone out the window now.
More New York City news.
Face diaper pearl clutchers sad trombone noises, because shoplifting:
“New York City Mayor Eric Adams is calling for shop owners to have customers remove their masks before entering their stores as a means of preventing shoplifting and robberies.
“We are putting out a clear call to all of our shops: Do not allow people to enter the store without taking off their face mask. And then once they’re inside, they can continue to wear it if they so desire to do so,” Adams said on Monday during an interview on the radio station 1010 WINS.
The plan was introduced as a way to address a surge in shoplifting at New York City bodegas, grocery stores and some high-end stores. Adams said that people often wear masks not because they’re fearful of the COVID-19 pandemic but rather because they fear the police “catching them for their deeds.”
The move directly counters COVID-19 safety protocols that encourage people to wear masks in enclosed public spaces. Many people criticized Adams’ decision and comments, emphasizing that asking customers to remove their masks upon entry will place disabled and immunocompromised people at risk of contracting COVID-19.
From the first 4:25 video:
Arizona Home Buyers Regret Their Home Purchase – Phoenix AZ Real Estate
Mar 6, 2023
Many Arizona home buyers regret their home purchase. The Phoenix AZ real estate market was red hot during the pandemic years. Low interest rates drove many home buyers into the market in search for once in a lifetime opportunites. We saw home mortgage interest rates as low as 2.5%. This was absolutely unheard of and very unlikely to happen again. Fierce competition for homes pushed many home buyers to overpay for homes. Many offered above asking price. Many waived their home inspections. Many waived their appraisals. Home buyers did everything they had to do to get an offer accepted. Now that the market has cooled due to the rise of mortgage rates, many buyers are now regretting those decisions. In this video we take a look at a recently published article that surveys many homebuyers and the results were astounding. Many pandemic home buyers now have buyers remorse. Strap in as this one is going to be a wild ride. 😀
======
00:00 Introduction
00:42 Home Buyers’s remorse is rampant among pandemic purchasers
00:59 Home Buyer’s over bid on their offers
01:12 3/4 of people surveyed regret their purchase
01:38 Most common home buyer regrets
02:12 Home maintenance is too expensive
02:27 Many buyers would do things differently
02:49 Silver lining for pandemic buyers
03:34 Should I sell my home that I bought during the pandemic
04:03 outro
The second 8:17 video:
Ajax & Oshawa Real Estate Market Update for February 2023
Honest real estate talk
Mar 7, 2023 #ajaxontario #oshawarealestate
Ajax and Oshawa Ontario’s real estate markets took a big hit in 2022. Prices falling about 25% and home sales were down over 50%. But now are they returning to normal?
Durham region has many busy cities including Ajax, Oshawa, Whitby and Pickering. In this video, I focus on Ajax and Oshawa
We look at how they have faired in the past 5 years. Comparing homes sales to average prices for detached homes, freehold townhouses, and condos in Ajax and Oshawa.
The third 21 minute video:
Are Toronto Homes Really Worth Their Steep Price? – Mar 1
Team Sessa Real Estate
Mar 7, 2023
Toronto Real Estate Market Report for the week of Feb 23 – Mar 1, 2023.
US stocks look as overvalued as when the 2022 bear market kicked off, Morgan Stanley warned.
Investors should brace for another crash, the bank’s wealth management strategists said. “The real damage for the cycle… may still be ahead,” they said in a note Monday.
https://news.yahoo.com/brace-us-stocks-crash-again-123556029.html
Britain fires up back-up coal plants for first time ever
The Daily Telegraph|11 hours ago
Emergency coal-fired electricity was used for the first time this winter to stave off the threat of blackouts after a cold snap and strikes in France stretched supplies. The fossil fuel accounted for almost 5pc of Britain’s electricity generation on Tuesday evening after National Grid ordered EDF to start running its West Burton A plant near Retford,
Top mortgage lenders cut 10K jobs in 2022
The Real Deal|17 hours ago
Rocket and United Wholesale Mortgage cut nearly 10,000 jobs in 2022 as the major mortgage lenders tried to minimize losses.
Bank of America exits lease on Concord office building it once owned
The Business Journals|14 hours ago
A bank spokesperson confirmed on Friday that it has exited the building, but declined to provide comment. The building is part of a 15-acre, four-building campus across the street from the Concord BART Station that Bank of America constructed between 1984 and 1986.
Seattle bus drivers getting sick from fentanyl smoke on city buses amid drug, homelessness crisis: report
Fox News on MSN.com|15 hours ago
Bus drivers in Seattle say they are becoming physically sick from fentanyl smoke from drug users on the busses after the city declared the drug a public health emergency.
Denver moving to make COVID-era managed tent camps a permanent homelessness tool
Fort Morgan Times|12 hours ago
Denver officials are working to make the temporary, managed campsites that popped up around the city during the pandemic a permanent tool for addressing the homelessness crisis.
“Really, this is simply a protect the children from perverts bill,” Rep. Bruce Skaug, R-Nampa, said in his floor debate.
https://idahocapitalsun.com/2023/03/07/idaho-house-passes-bill-restricting-minors-from-attending-drag-shows-with-sexual-conduct/
Under Marxism, children are the property of the state.
It’s Raining Multifamily
GlobeSt.com|14 hours ago
It’s Raining Men,” so the 1980s song by the Weather Girls went. More than 40 years later, what’s raining is multifamily units. In a research brief, CBRE forecasts that 716,000 multifamily housing units will hit the market over the next 24 months.
Australia politics live: Daniel Andrews defends taxpayer funded polling, says popularity during Covid was ‘absolutely unimportant’
The Guardian on MSN.com|8 hours ago
Pacific and anywhere the rules-based international order is threatened. This is the modern Britain that has been shaped by the world. This is the global Britain that understands the legacy and responsibility of empire.
WeWork, Reeling From Cash Crunch, Tries to Shore Up Financial Footing
The New York Times|13 hours ago
The co-working giant is close to an agreement with SoftBank and others for new money and to restructure its debt.
Rocket Mortgage adds special-purpose credit program
HousingWire|14 hours ago
Rocket Mortgage expanded its special-purpose credit program that will offer a $3,000 credit for first-time homebuyers for their downpayment.
“Rocket Mortgage expanded its special-purpose credit program that will offer a $3,000 credit for first-time homebuyers for their downpayment.”
Rocket’s expansion of its special-purpose credit program comes on the heels of the lender reporting its largest financial loss yet – negative $197 million in net adjusted income in the fourth quarter. By generally accepted accounting practices (GAAP), Rocket lost $493 million.
“WeWork, Reeling From Cash Crunch…”
Adam Neumann doesn’t work, and he has piles of cash.
Joe Biden’s America.
Wild video captures rowdy NYC ‘wolfpack’ trashing Chinese restaurant:
“Shocking video footage captures the moment a young mob violently trashed a Chinese restaurant in Queens over the weekend, overturning tables and breaking chairs as terrified staff and customers helplessly looked on.
The heinous hooligans left Fish Village in College Point in shambles Saturday, according to a video posted on Twitter by community activist Yiatin Chu.
“We’ve fallen so low that there’s no expectation of consequences for this horrific attack on private property,” Chu, president of Asian Wave Alliance and a co-founder of PLACE NYC, wrote in the post.
“This video is going viral on WeChat. Fish Village, a restaurant in College Point, Qns was ransacked by a gang of masked kids in hoodies.”
Police said the mob stormed the 127th Street restaurant shortly after 8:15 p.m., wrecking tables and chairs and damaging plates and a large window in the senseless destruction.
https://nypost.com/2023/03/07/wild-video-captures-rowdy-nyc-wolfpack-trashing-chinese-restaurant/
“If I had a son, he’d look like Trayvon” — Barack Hussein Obama
The beauty of living in Queens was that you could escape the insanity of Manhattan with a quick 15 minute ride on the E train. That seems to have gone out the window now.
More New York City news.
Face diaper pearl clutchers sad trombone noises, because shoplifting:
“New York City Mayor Eric Adams is calling for shop owners to have customers remove their masks before entering their stores as a means of preventing shoplifting and robberies.
“We are putting out a clear call to all of our shops: Do not allow people to enter the store without taking off their face mask. And then once they’re inside, they can continue to wear it if they so desire to do so,” Adams said on Monday during an interview on the radio station 1010 WINS.
The plan was introduced as a way to address a surge in shoplifting at New York City bodegas, grocery stores and some high-end stores. Adams said that people often wear masks not because they’re fearful of the COVID-19 pandemic but rather because they fear the police “catching them for their deeds.”
The move directly counters COVID-19 safety protocols that encourage people to wear masks in enclosed public spaces. Many people criticized Adams’ decision and comments, emphasizing that asking customers to remove their masks upon entry will place disabled and immunocompromised people at risk of contracting COVID-19.
https://www.huffpost.com/entry/new-york-city-eric-adams-masks-shoplifting_n_6407f843e4b0bbbc6b2fe49a
Clutch ’em. Clutch ’em harder, because Mass Formation Psychosis is one hell of a drug.