Prices Just Got CUT AGAIN
https://www.youtube.com/watch?v=xcmehncc9xM https://www.youtube.com/watch?v=VZ7KZgHcRCA
Great, I Have To Give Away Six Months Free, Well Then Why Am I Buying This Now?
A report from Spectrum News on California. "Saving and budgeting might be the best approach for aspiring home owners in LA County, where the average house costs over $700,000. Richard Green, director and chair of the USC Lusk Center for…
Oh! Somebody Wants Our Money! Please Take It From Us
It's Friday desk clearing time for this blogger. "Bryant Vayhinger, president of the Colorado Association of Real Estate Appraisers, is not exactly popular these days. 'We're providing a service, but our service is to the banks. That's a misconception a…
We Couldn’t Have Seen Excessive Price Rises Without A Permissive Debt Market
A report from Politico. "The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers. The current pace of home price appreciation is unsustainable, they say. 'I am worried that the price…
Turn Out The Lights, The Party’s Over, But What About The Hangover?
A report from WFTV in Florida. "It sounds simple and safe. Homeowners who lost jobs can skip mortgage payments now, then repay at the end of the loan. But some federal lawmakers, who helped pass the CARES Act that allows…
Really, Are You As Rich As You Think You Are?
A report from the East Hampton Star in New York. "There is already evidence of a real estate slump in the United States. The average price of luxury home sales is falling, as is the number of sales. Long Island…
We’ve Weathered The Storms, But This One’s Gonna Be The Hardest Of All
A report from the Wall Street Journal. "The aging-in-place technology trend marks a challenge to the numerous real-estate developers who have been rushing to build senior housing to accommodate the roughly 72 million Americans born between 1946 and 1964. Developers…
We Call It The Real Estate Casino
It's Friday desk clearing time for this blogger. "An American developer is looking to attract the international buyers who would have previously looked to Vancouver. The Spire was originally going to be a rental tower, which has been the trend…
What Will Happen To Prices If Too Many Look To Sell At Once?
A report from the East Bay Times in California. "Across the Bay Area, from the Berkeley hills to the Santa Cruz Mountains, insurance companies are declining to renew policies that include fire coverage — sending families scrambling in the heart…
Many Buyers Are Unwilling To Purchase Until They See Larger Price Reductions
A report from the Mercury News in California. "Michelle Ronco, senior product marketing manager with MLS subsidiary Aculist, put Silicon Valley’s housing market in perspective for local Realtors at a meeting in Los Gatos. Santa Clara County’s sales volume peaked…