All This Magic Is Kicking The Can Down The Road
https://www.youtube.com/watch?v=oxd37VfPccs https://www.youtube.com/watch?v=WaFgqsAiveI https://www.youtube.com/watch?v=AhPEjhKkGSY https://www.youtube.com/watch?v=YOHSuwFWz7w
People Are Selling Because The Banks Have Told Them They Have To
A report from the Colorado Sun. "If you’re house hunting, there are plenty of homes available in Colorado — nearly 10,000 at the end of March, which is up 41.8% from a year ago. Prices are a bit lower, too.…
They Blatantly Lied To Us, We Lose Everything, We Won’t Get Any Money Back
A report from CNBC on New York. "Manhattan real estate sales fell 38% in the first quarter, according to new reports. The big question for brokers, buyers and sellers is where the new 'bottom' will be in Manhattan. The average…
They Thought They Could Never Go Wrong
A report from Houston Agent Magazine in Texas. "Y’all, I hate to lick all the red off your candy, but the days of a super-hot real estate market are behind us (at least for now). While on the surface, that…
There’s Just Not Enough Cake For Everyone
It's Friday desk clearing time for this blogger. "Realtor Josh Altman joins Yahoo Finance Live to explain the Los Angeles 'Mansion Tax.' If people think they were not going to be affected because they don't have homes that are worth…
The Most Reckless Monetary And Fiscal Experiment In History
A report from NBC News. "Silicon Valley Bank is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the distressed bank to protect deposits, naming the Federal Deposit Insurance Corporation…
Mortgage Balances Are Growing As Canadians Hope The Problem Will Resolve Itself
https://www.youtube.com/watch?v=YLRjVNZLHEQ https://www.youtube.com/watch?v=lv4jZcaWJ2o https://www.youtube.com/watch?v=4F-HCww8xfU https://www.youtube.com/watch?v=lYLd7OCVw-E
You Are Effectively Trapped, And Your Bank Knows It
A report from Axios on Virginia. "Richmond home prices seem to be leveling off some after soaring for two years, per Redfin. The city of Richmond saw the biggest year-over-year drop in median sales price for single family homes in…
It Was Hard For Sellers To Realize That They No Longer Have That Price Escalation
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
Leverage Works Both Ways
https://www.youtube.com/watch?v=AnSP9IEJ_0w https://www.youtube.com/watch?v=enp1Is3Znp0 https://www.youtube.com/watch?v=E1z0gaauUN4 https://www.youtube.com/watch?v=AhH8WqDRxDg