Real Estate Companies Are Experiencing Massive Losses
https://www.youtube.com/watch?v=xWk1ZCC4Y18 https://www.youtube.com/watch?v=cYuOzLGdzBk https://www.youtube.com/watch?v=mOC8qdplC-k
https://www.youtube.com/watch?v=xWk1ZCC4Y18 https://www.youtube.com/watch?v=cYuOzLGdzBk https://www.youtube.com/watch?v=mOC8qdplC-k
A report from Wicked Local. "The Massachusetts residential real estate market is correcting for past excesses. 'The Massachusetts single family market finally hit the wall we’ve all been anticipating,' said Tim Warren, CEO of The Warren Group. 'For the last…
It's Friday desk clearing time for this blogger. "Cooling real estate market trends continued into December 2022, according to reports from the Northern Virginia Association of Realtors and Virginia Realtors. The median sold price for a home also decreased slightly…
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…
A report from Business Den. "The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow. But it was something of a nightmare for Opendoor, the data-driven home flipper. The San Francisco-based 'iBuyer' paid $779,000 for the Newton…
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…
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…
A report from WINK News in Florida. "Peter Davis, a broker based in Cape Coral, said he noticed a shift in the market this spring. 'Junk doesn’t sell and buyers aren’t willing to overpay for junk right now because the…
A report from the News and Observer in North Carolina. "In a more buyer-friendly market, said Yoana Nin, a local real estate agent whose firm serves the Triangle region. Homesellers must now 'put in more effort' and be willing to…
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…