A report from the Wall Street Journal on New York. "Stock investors are dumping shares…
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From the first 12 minute video:
A DIRE WARNING to Sellers | Orange County Real Estate
The Orange County Report
Apr 17, 2023
The Orange County Real Estate market may be on the verge of a serious correction. In this video, I examine the historical data that supports this conclusion, and I dive into the motivations of the Federal Reserve for trying to cool the housing market. The ultimate question we’re trying to answer is whether this is a good market to sell in a home in– and the answer is nuanced. It certainly CAN BE, if you know how to approach it.
Selling at a LOSS! 3-Bedroom Condo Townhouse Assignment for Less Than $900K in Toronto’s Lakeside!
Team Pris Han Realty in Toronto
Apr 17, 2023 PRIS HAN多伦多安心卖房地产经纪行 YOUR HOME SOLD GUARANTEED REALTY TEAM PRIS HAN
💰 Selling at a LOSS, below Original Purchase Price Seller giving up PR and left Canada.
❤️ 1,323 sqft luxury living + 300sqf Private Rooftop Garden
🌞 Center of the compound. Upper unit, filled with sunlight
🌓 Move in summer 2023
🚗 25 min drive from DT Toronto, easy access to subway, TTC, and GoTrain.
🏝 Nearby Lake Ontario, surrounded by parks, forests, trails, cliffs and golf courses
🎼 Multicultural community atmosphere, with food and shopping that feels like home
🏆 Neighbouring the elite Woodbine Beach community
0:00 Introduction
0:49 Exterior of the Property
1:33 Property Basic Information
4:06 Property Location
5:18 Community Demographics
6:51 Conclusion & Contact Information
The third 14:37 video:
Some Toronto Home Sellers May Not Get Paid – April 12
Team Sessa Real Estate
Apr 18, 2023 CANADA
Toronto Real Estate Market Report for the week of April 6 – April 12, 2023.
CROMWELL ISLAND – A majestic 350-acre privately-owned island is still for sale on Flathead Lake for a cool asking price of $72 million.
Hall and Hall Real Estate Director Bill McDavid tells MTN News that Cromwell Island remains on the market despite receiving a good bit of interest from prospective buyers over the last year.
McDavid said Cromwell is the largest single-owned island on freshwater west of the Mississippi River. The island contains nearly three miles of shoreline offering all-encompassing views of Wild Horse Island and the Mission Mountains.
Oh — and don’t forget about the 45,000 square-foot villa on the property influenced by 16th-century French Architecture.
The villa remains unfinished on the inside giving new owners the freedom to design as they wish.
Multifamily Turns to Alternative Financing in a Down Market
GlobeSt.com|20 hours ago
“Buyers are cautious, facing higher financing costs and downgraded … “The heretofore sluggish deal making since the Fed started tightening monetary policy may have some relief coming, in the form of creative deal-making and specifically, assumable …
Opendoor makes second round of layoffs as housing slump persists
Seeking Alpha|14 hours ago
Opendoor Technologies (OPEN) is laying off about 560 more jobs, or 22% of the online home-flipping company’s workforce, as it continues to navigate the U.S
New Businesses Launch in Anticipation of Distressed Office Assets
GlobeSt.com|20 hours ago
Lenders Quickly Realizing ‘They Need a Plan’ Broad Street Development launched a new consulting arm called Paradigm Advisory Group with the goal of protecting the value of distressed real estate assets in New York City on behalf of lenders, borrowers …
Hearing aid maker moves HQ downtown, leaving more empty office space to fill in the suburbs
Crain’s Chicago Business|15 hours ago
Hearing aid maker Beltone has moved its headquarters from Glenview to the West Loop and scaled down its office space in the process. The company today announced it has relocated its U.S. headquarters to a small office at 656 W.
Rents just fell to their lowest level in over a year as ballooning prices from the pandemic start to deflate, Redfin says
Business Insider|17 hours ago
Rent prices fell to their lowest level in over a year – a sign that ballooning housing prices from the pandemic are now … which have weighed heavily on rent prices in major cities like Austin, Chicago, and New Orleans. “Rents are falling, but it …
Biggest US banks write off $3.4 billion in bad consumer loans
Los Angeles Daily News|15 hours ago
Execs say the increase in provisions is mostly a return to normal after pandemic-era stimulus programs kept defaults artificially low.
Global corporate defaults highest since the pandemic in 2020
CNN|19 hours ago
its holding company SVB Financial Group and Signature Bank. The failure of the two lenders last month sparked panic among investors and customers at US regional banks and knocked confidence in the global banking sector more broadly. “While financial …
The Banking Crisis Has Added Another Stressor To An Already Stressed Industry
GlobeSt.com|2 hours ago
Inflation, interest rates and now a banking crisis. There is little industry consensus about how this critical period in banking will impact the commercial real estate sector, but it has added an additional layer of uncertainty for real estate investors that were already navigating a choppy market.
From the first 12 minute video:
A DIRE WARNING to Sellers | Orange County Real Estate
The Orange County Report
Apr 17, 2023
The Orange County Real Estate market may be on the verge of a serious correction. In this video, I examine the historical data that supports this conclusion, and I dive into the motivations of the Federal Reserve for trying to cool the housing market. The ultimate question we’re trying to answer is whether this is a good market to sell in a home in– and the answer is nuanced. It certainly CAN BE, if you know how to approach it.
https://www.youtube.com/watch?v=p1NnsZelSQM
The second 7 minute video:
Selling at a LOSS! 3-Bedroom Condo Townhouse Assignment for Less Than $900K in Toronto’s Lakeside!
Team Pris Han Realty in Toronto
Apr 17, 2023 PRIS HAN多伦多安心卖房地产经纪行 YOUR HOME SOLD GUARANTEED REALTY TEAM PRIS HAN
💰 Selling at a LOSS, below Original Purchase Price Seller giving up PR and left Canada.
❤️ 1,323 sqft luxury living + 300sqf Private Rooftop Garden
🌞 Center of the compound. Upper unit, filled with sunlight
🌓 Move in summer 2023
🚗 25 min drive from DT Toronto, easy access to subway, TTC, and GoTrain.
🏝 Nearby Lake Ontario, surrounded by parks, forests, trails, cliffs and golf courses
🎼 Multicultural community atmosphere, with food and shopping that feels like home
🏆 Neighbouring the elite Woodbine Beach community
0:00 Introduction
0:49 Exterior of the Property
1:33 Property Basic Information
4:06 Property Location
5:18 Community Demographics
6:51 Conclusion & Contact Information
The third 14:37 video:
Some Toronto Home Sellers May Not Get Paid – April 12
Team Sessa Real Estate
Apr 18, 2023 CANADA
Toronto Real Estate Market Report for the week of April 6 – April 12, 2023.
CROMWELL ISLAND – A majestic 350-acre privately-owned island is still for sale on Flathead Lake for a cool asking price of $72 million.
Hall and Hall Real Estate Director Bill McDavid tells MTN News that Cromwell Island remains on the market despite receiving a good bit of interest from prospective buyers over the last year.
McDavid said Cromwell is the largest single-owned island on freshwater west of the Mississippi River. The island contains nearly three miles of shoreline offering all-encompassing views of Wild Horse Island and the Mission Mountains.
Oh — and don’t forget about the 45,000 square-foot villa on the property influenced by 16th-century French Architecture.
The villa remains unfinished on the inside giving new owners the freedom to design as they wish.
https://www.kpax.com/news/local-news/flathead-county/majestic-350-acre-privately-owned-island-on-flathead-lake-still-on-market
Multifamily Turns to Alternative Financing in a Down Market
GlobeSt.com|20 hours ago
“Buyers are cautious, facing higher financing costs and downgraded … “The heretofore sluggish deal making since the Fed started tightening monetary policy may have some relief coming, in the form of creative deal-making and specifically, assumable …
Opendoor makes second round of layoffs as housing slump persists
Seeking Alpha|14 hours ago
Opendoor Technologies (OPEN) is laying off about 560 more jobs, or 22% of the online home-flipping company’s workforce, as it continues to navigate the U.S
New Businesses Launch in Anticipation of Distressed Office Assets
GlobeSt.com|20 hours ago
Lenders Quickly Realizing ‘They Need a Plan’ Broad Street Development launched a new consulting arm called Paradigm Advisory Group with the goal of protecting the value of distressed real estate assets in New York City on behalf of lenders, borrowers …
Hearing aid maker moves HQ downtown, leaving more empty office space to fill in the suburbs
Crain’s Chicago Business|15 hours ago
Hearing aid maker Beltone has moved its headquarters from Glenview to the West Loop and scaled down its office space in the process. The company today announced it has relocated its U.S. headquarters to a small office at 656 W.
Rents just fell to their lowest level in over a year as ballooning prices from the pandemic start to deflate, Redfin says
Business Insider|17 hours ago
Rent prices fell to their lowest level in over a year – a sign that ballooning housing prices from the pandemic are now … which have weighed heavily on rent prices in major cities like Austin, Chicago, and New Orleans. “Rents are falling, but it …
Biggest US banks write off $3.4 billion in bad consumer loans
Los Angeles Daily News|15 hours ago
Execs say the increase in provisions is mostly a return to normal after pandemic-era stimulus programs kept defaults artificially low.
Global corporate defaults highest since the pandemic in 2020
CNN|19 hours ago
its holding company SVB Financial Group and Signature Bank. The failure of the two lenders last month sparked panic among investors and customers at US regional banks and knocked confidence in the global banking sector more broadly. “While financial …
The Banking Crisis Has Added Another Stressor To An Already Stressed Industry
GlobeSt.com|2 hours ago
Inflation, interest rates and now a banking crisis. There is little industry consensus about how this critical period in banking will impact the commercial real estate sector, but it has added an additional layer of uncertainty for real estate investors that were already navigating a choppy market.