The 2023 Housing Market Is Going Through Turmoil!
https://www.youtube.com/watch?v=HhQqhVTu8so https://www.youtube.com/watch?v=Vxq-CSSYdTI https://www.youtube.com/watch?v=ZTd4srcJg7o https://www.youtube.com/watch?v=McgyKuaS_CQ
Everybody That Had A Deposit… It’s Gone
A report from Mansion Global on Florida. "Lupe del Pino recently paid $258,000 for a two-bedroom condo unit with a balcony in North Miami Beach. That amount was within her allotted budget, but she had an additional cost to pay.…
The Housing Market Just TANKED, Practically Overnight!
https://www.youtube.com/watch?v=f7BZVmqJ6yA https://www.youtube.com/watch?v=6Rz--qVwPe8 https://www.youtube.com/watch?v=ir9k9H6ZMuU https://www.youtube.com/watch?v=rKE271ZX01Y
When You Control A Price And Loosen The Grip, It Can Be Challenging And Messy
A report from the Boston Globe in Massachusetts. "Greater Boston’s housing market over the last few years has been anything but normal. Prices soared to staggering heights in 2021 and 2022. And now things have cooled dramatically. Home prices have…
How Many Times Have We All Heard The Word Unsustainable?
A report from Mansion Global. "Austin, Texas has cooled faster than any other major U.S. metro over the past year, according to the report. The city’s median price plummeted 13% year over year in February. Austin leads a trend where…
Sliding Prices Can Create A Cycle Where Buyers Expecting The Downward Trend To Continue End Up Prolonging The Slump
A report from the Orange County Register. "When times get tough in homes sales, watch what the homebuilders are doing. Take Landsea Homes, a small builder that blossomed in California. It’s moving its headquarters to Texas as part of a…
Buyers Did Everything To Get An Offer Accepted And Now Many Are Regretting Those Decisions
https://www.youtube.com/watch?v=x-WJuATot9Y https://www.youtube.com/watch?v=82dSh3wNVfI https://www.youtube.com/watch?v=-1W6wfYvgI8
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…
The Change In The Balance Of Power Is Bringing Out The Worst In Buyers
It's Friday desk clearing time for this blogger. "There are about 250,000 more homes for sale around the country than there were at this time last year, Realtor.com’s study says. Compared to January 2022, active listings are up 65%. Ogden,…