Ugly Numbers On The Way
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From the first 9 minute video:
#98087 $140K OFF HOMES BUT HIGHER #MORTGAGE?! #lynnwood #seattle #homebuyingtips #seattlerealestate
Victor Ashley Real Estate
Mar 23, 2023 SEATTLE
VIDEO# 101!!!
Victor Ashley reviews the #lynnwood neighborhood #98087 of #Seattle WA and compares #homeaffordability to the average household in the #seattlerealestate market as well as provides #homebuyingtips & #homebuyingguide to #firsttimehomebuyers & anyone curious to the market.
The second 16 minute video:
Deep Dive on Portland’s Real Estate Trends & What’s Coming Down the Line. What’s up with Rates?!
Ron Milligan
Mar 24, 2023 REALTOR RON MILLIGAN – RE/MAX SELECT
The 10-year treasury is trading at less than 3.4% (at this very minute) and rates dropped back down to 5.625% for the 30-year fixed (at this very minute). This could be a recipe for a more robust Spring buying season in Portland metro – as long as our wacky economy doesn’t throw any more chaos at us!
Do you want to know the very latest in Portland Oregon’s real estate market? You’re in the right place. Regular weekly updates on the health of the entire Portland Oregon metro area – including Southwest Washington. Here are the latest real estate stats for 2023.
To surf listings, check out our website here: http://www.SelectPortland.com
Chapters:
00:00 Intro
00:30 Supply/Inventory. Why So Low?!
04:30 Demand Numbers are UP!
05:22 Average Sale Price – Equity Woes
06:06 Ugly Numbers on the Way?
09:41 Foreclosure Numbers
11:19 Fed Raises Rates but Mortgage Rates go Down?! WHY?!!
13:50 Interest Rates Right Now
14:20 Rates and the Portland Market
15:17 Thanks for Watching!
Salesforce Inc. could see another round of job cuts while the company continues to focus on improving profitability, said Chief Operating Officer Brian Millham.
“The structure of the organization — if we feel like it needs to change and reshape — we’re going to make those moves to drive the efficiencies,” Millham said Friday in an interview.
https://uk.finance.yahoo.com/news/salesforce-considers-more-job-cuts-221600252.html
Salesforce is a one trick pony: CRM software. Yeah, they have other lines of business, which were never profitable and are now losing even more money. I think most of those business lines will be serially downsized, if not terminated.
I’m sure Salesforce’s management in past quarterly briefings would yammer about how those business were ready to burst into meteoric growth and profitability. It’s pretty much the same at other tech firms, all who were trying to diversify from their bread and butter business to keep the skyrocketing growth going, and with it skyrocketing stonk prices.
But as they learned, creating a successful business takes more than just throwing money at it. Coming up with new products and services for which customers will actually pay good money is actually hard.
just throwing money at it
And they throw money at themselves. That may sometimes be the whole business agenda. Like some “charities”.
“I got stuck in a conversation with some wealthy people and one woman asked me how my investments were doing. I replied that both avocadoes should be ripe by tomorrow.”
https://www.mortgagenewsdaily.com/opinion/pipelinepress-03242023
I replied that both avocadoes should be ripe by tomorrow
😂 🥑
Bay Area Layoffs: Glassdoor And Microsoft Slash Jobs
Tech and biotech companies have revealed plans to cut over 23,200 jobs in the Bay Area—some of which have yet to take place—since 2022.
https://patch.com/california/san-francisco/bay-area-layoffs-glassdoor-microsoft-slash-jobs