There’s Not A Crash?
https://www.youtube.com/watch?v=eUhO-lkXADA https://www.youtube.com/watch?v=q7iMEyXdu0Q https://www.youtube.com/watch?v=2XZ4lqv-Whw
You’re Either Going To Get A Lowball Offer, Or You’re Just Going To Sit There
A report from WINK News in Florida. "Peter Davis, a broker based in Cape Coral, said he noticed a shift in the market this spring. 'Junk doesn’t sell and buyers aren’t willing to overpay for junk right now because the…
The Frantic Pace Of Activity Seemed To Evaporate Overnight
A report from the Post Independent in Colorado. "Bryan Snow and his family moved to the Roaring Fork Valley from Denver after his wife got a job in Basalt. They found a house between Carbondale and Iron Bridge. He said…
The Last Two Years, We’ve Been Living In A Fantasy Land
A report from the Pioneer Press in Minnesota. "'We don’t seem to be selling stuff like $40,000 or $50,000 over list price, with offers like ‘You can name my first child,' quipped Justin DuChemin, a real estate agent with Re/Max,…
Is The Housing Market Cooling Off Too Fast?
https://www.youtube.com/watch?v=Nk9sjgBNn-Q https://www.youtube.com/watch?v=7Ge8TiDNJrM https://www.youtube.com/watch?v=nwSh6yqczLY https://www.youtube.com/watch?v=O7pyBFCibLk https://www.youtube.com/watch?v=rZGWIDqB0_I
What Happens When Central Banks Fall Behind The Curve
A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…
How Are We Going To Get Out Of This Thing, I Might Have To End Up With Nothing
A report from Business Insider. "'To be expected, with rates rising as quickly as they have, we were going to see a slowdown in prices, but certainly we are now seeing the market slam on the brakes very quickly here…
Sellers Are Trying To Get Yesterday’s Prices
A report from the Daily Herald in Washington. "'I was putting listings on the market right when the interest rates increased,' said Dafna Shalev, real estate broker in Woodinville. 'The buyers stopped coming. There were no showings. Nothing.' What happened…
An Experiment That Failed Around The World
A report from Austin Culture Map in Texas. "In June, the city's median home price reached $615,000, a record for the month of June, but a drop from the May 2022 median of $667,000. The report highlights a 218 percent…
Now The Whole Industry Is Panicking
A report from CNBC. "'I think over the next quarter or two there will be some price discovery as we match up mortgage payments with pricing,' said Doug Bauer, CEO of Tri Pointe Homes. 'The consumer, really, it was mid-June…