The Mortgage Trigger Point
https://www.youtube.com/watch?v=Zgx0l0NlmRc https://www.youtube.com/watch?v=bL4uQZGs9VI
Buyers Are Increasingly Feeling Less Rushed And Are Holding Off For Cheaper Price Tags
A report from Floor Daily. "'There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing they have listed their properties too late,' reports the Wall Street Journal. Homes that have…
What Was Once A River Of Cash Has Turned Into A Trickle
It's Friday desk clearing time for this blogger. "A unit at new-development condo Central Park Tower, the tallest skyscraper on New York’s Billionaires’ Row, has sold for $43 million, a discount of 32.5% off its original asking price. 'They laughed…
Is It Finally A Buyers Market?
https://www.youtube.com/watch?v=4UmU2F-79OM https://www.youtube.com/watch?v=z5Sm-Eguhm8 https://www.youtube.com/watch?v=e875hPhjLS0 https://www.youtube.com/watch?v=3O5m-xXksvA https://www.youtube.com/watch?v=xgETGqxzAoE https://www.youtube.com/watch?v=4Kotjee-9oQ
How Are We Going To Get Out Of This Thing, I Might Have To End Up With Nothing
A report from Business Insider. "'To be expected, with rates rising as quickly as they have, we were going to see a slowdown in prices, but certainly we are now seeing the market slam on the brakes very quickly here…
We’re Coming Out Of A No Rules Era
A report from Miami Community News in Florida. "It is as if the collective consciousness of anyone thinking of selling said, 'Oh, I have missed the top and I better get on market right now so I don’t lose more…
People Who Were Putting In Stupid Prices, Now They Are Saying, The Market Is Going Down
A report from Money Wise. "'It’s becoming increasingly clear that the real estate markets are headed for a correction,' says George Ratiu, senior economist with Realtor.com. In Austin, for example, buyers are regaining bargaining power as sales last month fell…
How Far Will Property Prices Drop?
https://www.youtube.com/watch?v=Cjuq_C5cMW0 https://www.youtube.com/watch?v=vgPZRu-PYR8 https://www.youtube.com/watch?v=c7ddiXg421M https://www.youtube.com/watch?v=0MnjuQuyrsg
Wait A Minute, I Thought This Was A Seller’s Market
A weekend topic starting with Yahoo Finance. "BRIAN CHEUNG: Yeah, let's start off with Wells...Double digit decline in mortgage income for this company when you consider that it used to be an over $1 billion revenue line. It declined 79%.…
Eye-Popping Price Increases And Bidding Wars Suddenly Seemed To Be A Thing Of The Past
A report from the Review Journal. "LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during June was $480,000. That was down from the all-time record price of $482,000 in May,…