Inventory Up 193%!
https://www.youtube.com/watch?v=Al6x_Vqk2Pc https://www.youtube.com/watch?v=l1rX7SOyz7A https://www.youtube.com/watch?v=dz14Be2gHBI https://www.youtube.com/watch?v=8_8l0fyOVW0
Sellers Are Not Getting The Prices They Want, And They Are Incredulous At The Change
A report from the Sun Sentinel in Florida. "More inventory is coming back to the housing market and closed sales are plummeting as the buyer frenzy of the past year starts to taper. 'Buyers cannot handle these high prices and…
Today’s Sellers Feel They’ve Missed Out On The Hot Sellers’ Market And In Some Ways They Have
A report from Fox News. "'For the last seven straight months it has been going down and this is a huge drop - and I think all it says is, ‘Somebody do something or we’re going to go into a…
Discounts Coming!
https://www.youtube.com/watch?v=pTpHkwVsdDU https://www.youtube.com/watch?v=mApXHXNYEKk https://www.youtube.com/watch?v=24bFMBUIHKU https://www.youtube.com/watch?v=X3CJgg3dfvc
The Whole Pyramid Is Collapsing Now
It's Friday desk clearing time for this blogger. "The Federal Reserve’s war on inflation and higher mortgage interest rates have hit Utah’s Wasatch Front housing market — hard. 'Like a wall,' said Steve Perry, CEO of the Salt Lake Board…
The Market’s Sugar High Is Over
A report from USA Today. "Membership in the National Association of Realtors grew from 1.48 million at the end of 2020 to 1.56 million at the end of 2021. Kalyani Dere, a former data analytics professional, entered the field of…
The Market Popped!
https://www.youtube.com/watch?v=W09sbqeAcSQ https://www.youtube.com/watch?v=UNizmeNLGXY https://www.youtube.com/watch?v=V28ys2PoIOE https://www.youtube.com/watch?v=e5C_B2SRrBA https://www.youtube.com/watch?v=CI7rHPkyr08
Before We Were Doing All These Ridiculous Things
A report from Go Banking Rates. "'Buyer’s remorse and cancellations shortly after contract are increasing. Builders state buyers are nervous about a potential recession, struggling to get comfortable with higher payments, or expecting home prices to decline,' Jody Kahn, senior…
It Is As If Increase Of Appetite Had Grown By What It Fed On
A weekend topic starting with Yahoo Finance. "I was talking to a high-profile Wall Street strategist the other day who told me she and her husband were house-hunting in the Hamptons. They saw a place they liked, but the asking…
A Global Phenomenon Due To Monetary Policy Errors Repeated Across Multiple Advanced Economies
A report from the News Sun in Indiana. "Larry Doyle, president of Campbell & Fetter Bank, ran some sample numbers to illustrate. 'That’s a $318 increase. Same dollar amount. Same dollar amount borrowed,' Doyle said. 'We had nine price reductions…