An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
It’s Worth Less Than What I Paid For It, Stuff You Guys I’m Doing A Runner
A report from NBC San Diego in California. "Gone are the days of 30 bids raising a home’s prices overnight. 'That market is done. It’s completely dead,' declared Miguel Contreras a real estate consultant. 'If you’re a seller, you have…
They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
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.'…
Massive Bubble?
https://www.youtube.com/watch?v=6hzdFOAmVsQ https://www.youtube.com/watch?v=hJVOHyY3FmA https://www.youtube.com/watch?v=1N1Xi_M-i1M https://www.youtube.com/watch?v=brHc20Zo8Z0
If We Have The Everything Bubble, You’re Going To Have The Everything Bust
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
The People Who Told You Inflation Was Transitory Are Trying To Get A Soft Landing
https://www.youtube.com/watch?v=m4kylulfOlQ https://www.youtube.com/watch?v=1rDq9z5jcUk https://www.youtube.com/watch?v=wfDEzzFOusE https://www.youtube.com/watch?v=oHNk2WV64a8
Realtors Have Had To Slash Selling Prices Because They Need Cash
A report from Realtor.com. "The red-hot housing market has been brought to its knees by soaring mortgage interest rates. 'No one wants to catch a falling knife,' says economist Yelena Maleyev of KPMG US. 'No one wants to buy in…
I Don’t Think It’s Set In Enough To People That The Party’s Over For Super-High Prices
It's Friday desk clearing time for this blogger. "In Orlando, 29% of homes on the market reduced their prices in October, up from 16% the same time a year ago. Real estate agent Kimberly Ann Zeidner says Zeidner says she’s…
With Prices Dropping $100,000, Did The Market Crash?
https://www.youtube.com/watch?v=RIKFUFAjt9s https://www.youtube.com/watch?v=k9hmVZIKRUw https://www.youtube.com/watch?v=YRKbr3GgPvQ