It’s Going To Hurt
https://www.youtube.com/watch?v=HqhlrHkHLTM https://www.youtube.com/watch?v=df2mOkRBIq8 https://www.youtube.com/watch?v=Ox93ZstFI6Q https://www.youtube.com/watch?v=YQidglb7e08
What Was Common Just Months Ago Is Now Passe
It's Friday desk clearing time for this blogger. "'I don’t believe it is rebalancing anymore,' said Tony Fink, a licensed agent in Raleigh. 'I think is is rebalanced, it has already occurred. It was not possible for us to sustain…
Investors Are Aggressively Pitching Lowball Offers And Prices Have Already Fallen Steeply
It's Friday desk clearing time for this blogger. "'In my 22 years experience, I’ve never seen it move as fast as it was. I mean, back in Easter, every deal I had was multiple offers. You know, few months later,…
A Classic Case Of What Goes Up, Can Come Down
A report from NBC Bay Area in California. "Median home prices in San Francisco have fallen by more than $300,000 in three months, Compass reports. Experts said it is tough to buy a home now as prices are likely to…
The Halcyon Days Of Multiple Offers And TBD Pricing Are Likely Ending
A report from Twin Falls KMVT. "In markets saturated with buyers, like many areas of Idaho, buyers backing away from the market should mean stronger negotiating power and, eventually, lower prices. According to mortgage expert GP Theriot, the market is…
The Crash of Flipping Homes With Algorithms
https://www.youtube.com/watch?v=_a2kAzFBGtc https://www.youtube.com/watch?v=rk5Jj6ezP5o https://www.youtube.com/watch?v=ioaOXz2B7DQ https://www.youtube.com/watch?v=rSzwO5CU3Go https://www.youtube.com/watch?v=taSzZhcZhcc https://www.youtube.com/watch?v=nXcz6CHDtwo
Without Expectations Of Price Gains, Investors Are Gone
A report from the Post Star in New York. "'I showed a house the minute it came on the market, and I wrote an offer on the hood of the car, that’s how quick,' said agent Barbara Kenison with Coldwell…
All Along It Was Out-Of-Control Speculative Demand That Was The Real Issue
A report from West Hawaii Today. "'For every percentage point interest rates go up, we lose 10-15% of our buyers,' said Gretchen Osgood, principal broker at Hawaiian Isle Real Estate in Kailua-Kona. With the market cooling, Osgood predicted that sellers…
Sellers Are Not Getting The Prices They Want, And They Are Incredulous At The Change
A report from the Sun Sentinel in Florida. "More inventory is coming back to the housing market and closed sales are plummeting as the buyer frenzy of the past year starts to taper. 'Buyers cannot handle these high prices and…
Today’s Sellers Feel They’ve Missed Out On The Hot Sellers’ Market And In Some Ways They Have
A report from Fox News. "'For the last seven straight months it has been going down and this is a huge drop - and I think all it says is, ‘Somebody do something or we’re going to go into a…