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Looking For The Biggest Price Drops In New Construction?

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  1. From the first 5:35 video:

    40 Year Amortizations – The Canadian Real Estate Show CLIPS
    Canadian Real Estate Show Clips
    Apr 19, 2023 #canadianrealestate #calgary #toronto
    #canadianrealestate #canada #realestate #toronto #vancouver #calgary
    40 Year Amortizations – The Canadian Real Estate Show CLIPS

    Darryl and TK discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market.

    The second 19 minute video:

    Where Are The Biggest Price Drops In Celina New Construction?
    Home in Dallas Texas
    Apr 18, 2023
    Are you looking for the biggest price drops in Celina New Construction? Don’t miss this shocking vlog tour of 23 new construction neighborhoods, where we uncover builders, amenities, schools and how low of offers they are accepting! Get the inside scoop before others and find out which neighborhoods are offering the best deals. This breaking information could be the key to finding your dream home.

    The third 9:27 video;

    #SEATTLE #98043 HOMES LOST 67K ’22/23
    Victor Ashley Real Estate
    Apr 19, 2023 SEATTLE
    Victor Ashley reviews the Mountlake Terrace #neighborhood #98043 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 fourth 13:30 video:

    Buyers Setting Themselves Up For Failure In Brampton, Mississauga & Durham Real Estate – April 12
    Team Sessa Real Estate
    Apr 19, 2023 CANADA

    Brampton, Mississauga, Ajax, Whitby, Pickering Real Estate Market Report for the week of April 6 – April 12, 2023.

    1. “Victor Ashley reviews the Mountlake Terrace…”

      Average mortgage is $4,211 per month while rent is $2,553. Why catch a falling knife? Enjoy some REM sleep by renting!

  2. Thousands of people have a holiday home less than six miles from their home, the census has revealed.

    The Office for National Statistics (ONS) has released figures showing the characteristics of people in England and Wales who have a second address.

    Researchers said that, between 2011 and 2021, there was a 4.7 per cent increase in the number of people staying in a holiday home for more than 30 days per year. The number rose from 426,000 to 447,000.

    ONS data on the distance of people’s second home from their main home found that most people who stayed at a holiday home in the UK in 2021 were between 31 and 124 miles from their usual address.

    That year, a total of 6,070 people had a holiday home in the UK around six miles or less away from their main address.

    https://www.msn.com/en-gb/travel/news/thousands-have-holiday-home-less-than-six-miles-from-their-main-address/ar-AA1a3Kli

    1. found that most people who stayed at a holiday home in the UK in 2021 were between 31 and 124 miles from their usual address

      FWIW, that could simply be the distance to the coast from their primary residence. England isn’t very big.

  3. Dutch Power Prices Turn Negative as Green Power Floods Grid
    Bloomberg L.P.|19 hours ago
    Power prices in the Netherlands turned negative on Wednesday with the market so overloaded with green electricity that consumers are getting paid to use the excess supply.

  4. California Pension Fund Writing Down $52B CRE Portfolio
    GlobeSt.com|21 hours ago
    The $306-billion California State Teachers’ Retirement System pension fund, known as Calstrs, is too big to call a canary in a coal mine—and that sound you’re hearing is not singing. It’s the roar of plunging property values going over a Niagara Falls of maturing debt as interest rates turn spreads upside down.

    WA hiring dragged down by tech and building slumps, office market fears
    Seattle Times|10 hours ago
    High interest rates, remote work and a tech slowdown led to heavy March job losses in construction and office management and the weakest hiring since September.

    Here’s why rents in metro Atlanta are falling
    Atlanta Journal-Constitution|23 hours ago
    The median asking rent in Atlanta has dipped for the first time since before the pandemic, according to a report by the real estate brokerage firm Redfin.

    Commercial, multifamily mortgage delinquencies rise in 1Q
    National Mortgage News|13 hours ago
    Economic turbulence affected borrowers during the quarter and will likely impact their ability to refinance maturing loans, the Mortgage Bankers Association said.

    Manhattan’s Top Office Landlord Looks at Plan B
    Wall Street Journal|1 hour ago
    Hopes that workplaces will fill up are fading and turning empty workplaces into new homes is getting more serious attention.

    2023 Layoff Tracker: Latest Meta Cuts Could Hit 4,000
    Forbes|20 hours ago
    Amazon, Alphabet, Meta, Salesforce and Disney have all slashed staff this year, citing cloudy economic forecasts.

    Home Buying Is Weak This Spring. The Mortgage Squeeze Triggers Big Layoffs.
    Barron’s|14 hours ago
    March housing data released this week paints a picture of a slow spring season as buyers and sellers remain on the sidelines.

    Home Point again turns to layoffs after deal to sell wholesale mortgage business
    Crain’s Detroit|20 hours ago
    The news of further layoffs at the company (NASDAQ: HMPT) comes less than two weeks after Home Point executives announced they had entered into an agreement to sell its wholesale

    Ann Arbor’s Home Point Capital lays off most Michigan employees
    Detroit News|19 hours ago
    The company announced earlier this month it is selling its wholesale mortgage origination business to The Loan Store Inc.

    Former WeWork office building in San Francisco sees value slashed by about 66%
    MarketWatch|15 hours ago
    A new appraisal on 25 Taylor Street, a converted office building in San Francisco’s theater district that was once a WeWork, cuts its value by about

    Defaults on the rise: Can corporations pay their bills?
    Orange County Register|21 hours ago
    Moody’s said 33 of the corporations it rates defaulted on their debts in the first quarter, the highest level since the last quarter of 2020.

    1. “The $306-billion California State Teachers’ Retirement System”

      The most reliable D voting bloc in the U.S., so they’ll get bailed out if needed, no questions asked!

    2. “WA hiring dragged down by tech…”

      A long time friend living in the Seattle metro area got a pink slip, but he landed another job within a couple of weeks via business people he collaborated with. Whew!

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