How Much Lower Can Prices Go?
https://www.youtube.com/watch?v=MNHl_eQ-ASA https://www.youtube.com/watch?v=EVbkS--7e9w https://www.youtube.com/watch?v=VDsh3TErgdU https://www.youtube.com/watch?v=ZPb8ZwkWEJ8
The Reality Of Living Through It Is Something Sellers Are Not Prepared For
A report from Geek Wire. "'We’ve tied up hundreds of millions of dollars in houses that you yourself wouldn’t want to own right now,' Redfin CEO Glenn Kelman wrote. 'Even before its overhead expenses, the RedfinNow properties segment will likely…
The Fear Is Compounded By The Fact That There Isn’t An Easy Exit From Homeownership Right Now
A report from Buzz Feed. "'I almost feel like it’s a scam or a trick to get me more into debt. I worked so hard to get my credit up to even be able to apply for a mortgage,' Christen…
The Speed At Which This Has Happened Is Like An Icy Fear
A report from the Associated Press on Florida. "'Prices never go up forever,' said Ana Bozovic, analyst at Analytics Miami. 'The steady ramp up we have had through mid-2022 was neither normal nor sustainable.' Housing prices fell again last month…
The Post-Covid Bubble Is Unraveling
It's Friday desk clearing time for this blogger. "As of Sept. 9, there were 2,699 single-family homes listed for sale with the Multiple Listing Service of Colorado Springs, broker Harry Salzman said. 'That’s five times where we were six months…
If At First You Don’t Succeed, Slash, Slash The Price
A report from USA Today. "'A lot of the places, the Zoom towns that rose really rapidly in prices are cooling very rapidly and there's been a pretty swift change,' says Redfin Economist Sheharyar Bokhari. 'Price drops are increasing, and…
The So-Called Golden Age, When Prices Only Went Up, Had Come To An End
A report from the New York Times. "For Claudia Ruffle, living in a co-housing community was a lifelong dream. So she was among the early supporters of what was envisioned as Connecticut’s first co-housing community. Ms. Ruffle and a friend…
The Losses Reflected The Reckoning
A report from the News Press in Florida. "To date, the number of new listings that came to the Bonita Springs and Estero markets in 2021 was 270, which was higher than the 193 total listings that came to market…
Piling Downward Pressures On Home Prices
It's Friday desk clearing time for this blogger. "Courtney White and her fiancé saw one house after another go under contract before even having a chance to see the property during their house hunt earlier this year. After finally buying…
A Pig Moving Through A Python
A report from the Wall Street Journal. "An unusually high number of homes across the country are being appraised below their agreed-upon sales prices, causing a number of deals to collapse. In recent months, during the height of the boom,…