Sellers In Panic!
https://www.youtube.com/watch?v=7Es2iv_j700 https://www.youtube.com/watch?v=6VB_ciulCCE https://www.youtube.com/watch?v=wL-wL-REmms https://www.youtube.com/watch?v=8Ou-JVGtxmE
When People Were Looking To Sell At The Peak, The Decision Got Put Off, Now They’re Stuck In A Different Market
A report from The Chronicle in Washington. "From October to November, home prices fell 10.54% in Lewis County, dropping from $427,000 in October to $382,000 in November, compared to a monthly decrease of 3.63% in Pacific County, 5.62% in Cowlitz…
This Is A House With A Lot Of Smoke Alarms And They Are All Going Off
A report from Money. "If you bought your home in 2008 or 2009, selling in 2023 will still be profitable for you,” says Maureen McDermut, a real estate agent with RE/MAX of Cherry Creek in Denver. “If you bought in…
For Some, The Consequences Of Participating In That Bubble-Producing Market Frenzy Will Be Catastrophic
A report from the Los Angeles Times. "For the first time in a decade, Southern California homeowners, and those across the country, are seeing their equity fall en-masse. Justin Bragg and his wife stretched to buy a home in Boyle…
They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
Did The Market Really Drop, Or Did The Market Just Quit Having Over-List Price Offers?
A report from Business Insider. "Flippers are facing the music as the housing market begins to show signs of cooling down. Austin Rutherford told his 700,000 followers he will likely take a loss on a recent flip in Ohio. Fellow…
The Housing Market Hit Kind Of A Brick Wall
A report from Business Den. "The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow. But it was something of a nightmare for Opendoor, the data-driven home flipper. The San Francisco-based 'iBuyer' paid $779,000 for the Newton…
Sellers Have Increasingly Slashed Their Prices, Faced A Glut Of Competition And A Shrinking Pool Of People Who Can Afford To Buy
A report from WFAE in North Carolina. "Charlotte real estate agent Maceon McCracken said that the market now seems to be finally 'normalizing.' She recently helped that same client sign a contract to purchase a home for $40,000 below the…
A Governmental Fiefdom Of Alleged Philosopher-Kings Sowed The Wind And Are Now Reaping The Whirlwind
A weekend topic starting with the Colorado Sun. "Back in 2015, the median sales price for a house in Colorado was $285,000, according to the Colorado Association of Realtors. Between January and September, the median price averaged $575,000. 'As you…
Yes There’s Stress, Yes It’s Going To Get Worse, And Yes There’s Going To Be Failure
A weekend topic starting with the Dallas Morning News in Texas. "'A lot of builders are very worried right now,' said Phil Crone, executive director of the Dallas Builders Association. 'They pushed all their chips in to try to keep…