Return Of The ZOMBIE BANKS?
https://www.youtube.com/watch?v=WSmB4Mflceo https://www.youtube.com/watch?v=2NkY7UiM9Es https://www.youtube.com/watch?v=txR3TkqIfiE https://www.youtube.com/watch?v=mxPUsnr9ZL4
Cities With The BIGGEST Price Crashes AND Neighborhoods Within Those Cities With Even BIGGER Price Crashes!
https://www.youtube.com/watch?v=cpD8YBATTdE https://www.youtube.com/watch?v=JHK3DnuLivQ https://www.youtube.com/watch?v=6ixcmJPZ1W8 https://www.youtube.com/watch?v=shkxJ2pRAzw
It’s Like The End Of Animal House
It's Friday desk clearing time for this blogger. "Silicon Valley Bank lost $1.8 billion in the sale of U.S. treasuries and mortgage-backed securities that it had invested in, owing to rising interest rates. The bank is also contending with shrinking…
We’re In A Buyers’ Market, The Price Being Asked Becomes Irrelevant
A report from the Orange County Register in California. "Orange County’s more affordable housing has been hit harder by the home-price collapse coming off May 2022’s pandemic-fueled bubble. The countywide median selling price was $950,000 in January, according to CoreLogic.…
A Lot Of These People Are Struggling Now Because They Couldn’t Really Afford It To Begin With
A report from the Denver Post in Colorado. "Metro Denver single-family home prices, after dancing between an annual loss and gain in January, crossed over to the dark side with both feet in February. The median price of a single-family…
Still In The Grips Of The Planner’s Conceit
A report from Yahoo Finance. "Goldman Sachs is out with a new note revealing that of the largest 25 metro areas nationwide, four of them, Austin, Seattle, San Francisco, and Phoenix-- you're looking at them on your screen there-- have…
When The Bids Were Over It Was, Congratulations, You Are Now Essentially The Biggest Loser
A report from CNBC. "Diana Olick: Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Applications to refinance a home loan fell 6% for…
There Is A Bubble To Burst
A report from Fox 13 in Utah. "Matthew Clewett bought his first home in Kaysville back in 2021. Since May, the board says those prices have dropped 22 percent. 'It was an offer that I actually had to pay above…
Accept Losses Instead Of Shouting For Help
It's Friday desk clearing time for this blogger. "The Greater Boston Association of Realtors released a report indicating that the number of active listings was up across the board in the region last month. 'Buyers were hard to find over…
Whatever We Owe On It, Let The Bank Take It
A report from the Marin Independent Journal. "Beth Brody, a Compass agent in Mill Valley, is bullish about 2023 after a year in which the median home price in Marin plunged about 30%. The apex was $2.12 million in April.…