Sellers Are Lowering Prices Left And Right And Also Paying Concessions And Closing Cost Again
https://www.youtube.com/watch?v=GqbHR6kqNfM https://www.youtube.com/watch?v=szJ8tfu8b10 https://www.youtube.com/watch?v=G3tIUXCRlLo
The Over-Excited, Headless-Chicken Covid Market Has Disappeared
A report from Go Banking Rates. "In 2021, inflation pushed the housing market to record highs — but it wasn’t a bubble. 'It’s not like 2008, because the growth we have seen in the past few years wasn’t based on…
There’s Nothing Quite As Impactful On A Marketplace As Too Many People Who Have To Sell
It's Friday desk clearing time for this blogger. "'When you have a rise and increase in interest rates like we've had, that is a big problem for housing. Interest rates are like the mother's milk of housing,' Pulte Capital CEO…
The Media And The Public Will Think The Sky Is Falling, The Truth Of It Is The Sky Actually Fell Last June And Kept Falling
It's Friday desk clearing time for this blogger. "When mortgage rates hit 7% in the fall, Austin-based mortgage broker Aaron Kovac was a little spooked. After a stunning rise in home sales amid ultra-low interest rates, 'the market just went…
Will It Drop Another 20%?
https://www.youtube.com/watch?v=AiM6SSispIE https://www.youtube.com/watch?v=qcBO23PMEc0 https://www.youtube.com/watch?v=1JS6pWeNY2E https://www.youtube.com/watch?v=mkbklpeiOQw https://www.youtube.com/watch?v=6MmSaBYIKJE
The Pressure To Pay Interest Every Month Has Turned Our Hope For A Big Profit Into A Time Bomb
A report from Axios Denver in Colorado. "As the market settles, so will the 'record-breaking appreciation homeowners have been spoiled with,' realtor Jeremy Kane at eXp Realty anticipates. 'This will feel like a pull-back or a loss in value, when…
With Fear That Real Estate Prices Will Drop Without Stopping, Investors Can Tell Themselves To Sell Quickly To Cut Their Losses
It's Friday desk clearing time for this blogger. "Markets like Phoenix and Las Vegas, which saw a boom in sales during the pandemic, are now experiencing a glut of homes for sale, said Jeff Tucker, senior economist at Zillow. 'There…
Modern Monetary Theory Is True, As Long As Nobody Believes It’s True
A report from the Union Tribune in California. "San Diego County's home price has dropped for the sixth month and is close to erasing all yearly price gains. Jeff Grant, owner and agent with Sand & Sea Investments, has a…
Sad After Buying A House?
https://www.youtube.com/watch?v=3Gu-rRbysWo https://www.youtube.com/watch?v=s30jnHIUlAE https://www.youtube.com/watch?v=xJTBOijOxrc
The Times Of Too High Price Mean Almost Everything Will Be Believed For A Little While
A report from the Dallas Morning News. "'There’s no doubt about it, the market is slowing down from a very high peak,' said Texas A&M economist Jim Gaines. Homebuilders also saw a dramatic decline in sales that led them to…