The Construction Sector Has Been One Of The Most Corrupt Industries In China
https://www.youtube.com/watch?v=lh_z3Z-3_UE
There’s Just Not Enough Cake For Everyone
It's Friday desk clearing time for this blogger. "Realtor Josh Altman joins Yahoo Finance Live to explain the Los Angeles 'Mansion Tax.' If people think they were not going to be affected because they don't have homes that are worth…
You’re Bleeding Money, Before It Was Free Money
A report from the Los Angeles Times in California. "Industry experts generally agree that L.A.’s luxury market has slowed down this year, and the data agree. 'I’ll do anything to sell,' said the owner of one home in Brentwood who…
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…
At A Feverish Time, People Rush To Buy At Any Price, But When The Market Faces Doldrums No-One Cares Despite The Remarkable Price Discounts
A report from DS News. "A case study of two nationwide cohorts of properties brought to foreclosure in Q4 2022 reveals that proactive pricing is key to optimal distress disposition during a housing slowdown, according to Auction.com. 'With home prices…
Home Were Selling Way Above The List Price, But Lately The Reverse Is Happening
https://www.youtube.com/watch?v=prGKr7zFp2E&t=210s https://www.youtube.com/watch?v=vNEQCcu-kMg https://www.youtube.com/watch?v=Dc_Sm5m9NxM https://www.youtube.com/watch?v=5zS0RRQpK3g https://www.youtube.com/watch?v=uF_-ikFVv_M
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…