Prices Singing A Sad Tune
https://www.youtube.com/watch?v=wgZJ8YQsCd8 https://www.youtube.com/watch?v=0iP7USGaaUI https://www.youtube.com/watch?v=z2aoyjVCEic https://www.youtube.com/watch?v=EYp8f7dGxdo
The Last Two Years, We’ve Been Living In A Fantasy Land
A report from the Pioneer Press in Minnesota. "'We don’t seem to be selling stuff like $40,000 or $50,000 over list price, with offers like ‘You can name my first child,' quipped Justin DuChemin, a real estate agent with Re/Max,…
A Crazy Real Estate Market For Too Long Is A Formula For A Crash
A weekend topic starting with Bloomberg. "The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing…
What Happens When Central Banks Fall Behind The Curve
A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…
The Mortgage Trigger Point
https://www.youtube.com/watch?v=Zgx0l0NlmRc https://www.youtube.com/watch?v=bL4uQZGs9VI
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…
On The Wrong Side Of A Speculative Bet
A report from USA Today. "Kristina O'Donnell, a real estate agent in Collegeville, Pennsylvania, said some sellers' asking prices are now falling almost daily. 'Instead of sellers having 30 appointments over a weekend, maybe it's down to about a handful…
Time To Change the Stress Test?
https://www.youtube.com/watch?v=XrMNlcmep6M https://www.youtube.com/watch?v=zLfSycEjHI8 https://www.youtube.com/watch?v=39rUooeDTCY https://www.youtube.com/watch?v=wZ7hQbOeevY
A Global Phenomenon Due To Monetary Policy Errors Repeated Across Multiple Advanced Economies
A report from the News Sun in Indiana. "Larry Doyle, president of Campbell & Fetter Bank, ran some sample numbers to illustrate. 'That’s a $318 increase. Same dollar amount. Same dollar amount borrowed,' Doyle said. 'We had nine price reductions…
A Wintry Summer Is Brewing While Sellers Clamber For Yesterday’s Prices
A report from the San Francisco Chronicle in California. "Redfin agent Andrea Chopp said while so many buyers have been priced out of the market, she thinks it’s actually a great time to buy — if you can afford it.…