The OpenDoor Fire Sale
https://www.youtube.com/watch?v=cuEb0d_vMk0 https://www.youtube.com/watch?v=rnNjrD4mRCo https://www.youtube.com/watch?v=Iz91Ghculh0 https://www.youtube.com/watch?v=tuluEMmwe3A https://www.youtube.com/watch?v=fL8UsAix_qs
What Worked In The Past Won’t Work Now
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
Homebuilders Are Now Stuck With A Bunch Of New Houses That Are Hard To Sell
A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
A Result Of Sellers Coming Down From The Moon To The Earth Where The Buyers Are
A report from the Sacramento Bee in California. "The Sacramento region’s housing affordability crisis has eased. Very, very slightly. Placer, El Dorado and Yolo counties also saw affordability numbers increase slightly. Median prices have been steadily falling in recent weeks.…
Winter Is Here For Investors
A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…
Pandemic Housing Boom Caused Major Buyer’s Remorse
https://www.youtube.com/watch?v=jdH6-cQySC8 https://www.youtube.com/watch?v=jh8-h723hIU https://www.youtube.com/watch?v=Iajiz-Ucg8o https://www.youtube.com/watch?v=K_-mqPsAvN8 https://www.youtube.com/watch?v=bsvyk0-qZOE https://www.youtube.com/watch?v=sxDl72AfIpI https://www.youtube.com/watch?v=bowWhkAM1-U
Buyers & Sellers On Different Planets
https://www.youtube.com/watch?v=3m5g6Dl-9_c https://www.youtube.com/watch?v=ElxiLlN-NEI https://www.youtube.com/watch?v=TOxaVFFS36U https://www.youtube.com/watch?v=W32Ffu3JHE0
We’re Helping Sellers Come To Terms That They Have Lost Out
A report from ABC 10 in California. "'Even worse than 2007,' said Ryan Lundquist, a Sacramento-based appraiser and housing analyst. 'And that sounds so dramatic, but it's true, because what we're seeing is some buyers have disappeared from the market.'…
The Central Bank Is Quite Happy To See Those Prices Fall
A report from The Hill. "A series of layoffs at America’s major technology companies could put pressure on local housing markets. San Jose and San Francisco are among five U.S. metros that have already experienced year-over-year price declines. Prices fell…
The Great Financial Bubble Of Every Bubble Being Pricked By The General Move To Somewhat Greater Degrees Of Financial Sanity
A holiday topic starting with NPR. "Seattle Times business reporter Paul Roberts spoke to KUOW's Angela King: I've talked with a number of workers from India and from China who are really not sure what to do. Some have been…