Appraisals Did Not Really Matter A Couple Of Months Ago, But Now They Are KILLING Deals!
https://www.youtube.com/watch?v=G1Q3FOmLwsI https://www.youtube.com/watch?v=3NvWhRUnLNk https://www.youtube.com/watch?v=FWDFzLw4hUo
A Typical Pattern Of Panic, Fear, And A Mad Scramble By Central Bankers
A weekend topic starting with the Marietta Daily Journal in Georgia. "'Home values are staying really healthy, but it's not the frenzy that it used to be,' said Ellen Hill, a real estate agent with Atlanta Fine Homes. 'When the…
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…
For Several Decades, We Have Traded Houses Among Ourselves At Ever-Increasing Prices In The Belief That We Were Creating Prosperity
It's Friday desk clearing time for this blogger. "The fact some major forecasters now foresee sustained price declines — something that hasn't happened in more than a decade — underscores just how quickly the housing market is changing. 'It's noteworthy,'…
Officials Continually Spout Unsubstantiated, Possibly Phony, Estimates Of Housing Need
A report from the Mississippi Clarion Ledger. Matt Wilson, President of the Mississippi Mortgage Bankers Association, believes the housing market's current state is not something about which to be alarmed. 'Mortgage rates are up, and they went up a little…
Everyone Thought The Housing Binge Would Last And The Only Direction For Prices Was Up
It's Friday desk clearing time for this blogger. "California’s $5.2 billion pandemic rental relief fund is running out of money. 'Many owners have received no rent for months. They cannot pay their taxes, mortgages and other expenses if the rent…
It Is Disastrous For Investors Who Purchased At The High Prices
A report from DS News. "An estimated two million homeowners remain in forbearance plans. By stage, 10.7% of total loans in forbearance were in the initial forbearance plan stage, while 83.1% were in a forbearance extension, and the remaining 6.2%…
Escaping All Proper Control
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…
Demand Is Already Evaporating And With That, Prices Will Absolutely Decline
A report from Multi-Housing News. "Multi-Housing News talked to Brown Harris Stevens’ first CEO, Bess Freedman, about the luxury real estate market in the time of COVID-19. How was New York City’s luxury real estate market before COVID-19? Freedman: Before…
Jackals And Vultures: A General Get Me Out Of Here Response
It's Friday desk clearing time for this blogger. "Some buyers may look for deals, thinking all sellers are desperate to sell. But if this isn't you, there's no reason to cave or whittle down your home's price. 'Regardless of the…