Crash In 2023..Some Buyers Think So
https://www.youtube.com/watch?v=307bbjb9KO4 https://www.youtube.com/watch?v=b9EiUvYAlcg https://www.youtube.com/watch?v=KeVD-vPKMzQ
It Was Quite Irresponsible For The Bank To Lend Us This Much, And They Would Have Lent Us More
A report from Yahoo Finance. "Around 42% of homes sold in the final three months of 2022 included some kind of concession from the seller, Redfin data found. A separate study found that 13.6% of sellers also slashed their listing…
Some Agents Have Reported That Numerous Cheeky Offers Are Now Being Presented To Sellers
It's Friday desk clearing time for this blogger. "RE/MAX reported the median sales price in the Los Angeles metropolitan area, including Orange County, in Dec. 2022 was $810,000, a 4.7% drop from the previous year's $850,000 sales price. The San…
Crashing Into 2023
https://www.youtube.com/watch?v=wZCvM_-_-O0 https://www.youtube.com/watch?v=mqQC0JUIR8w https://www.youtube.com/watch?v=8JsukG0FDwA https://www.youtube.com/watch?v=fCVbAR6twzQ https://www.youtube.com/watch?v=Om799KxmUkM
The Music Stopped, The Party Was Over, The Rates Hit And They Were Left Holding The Bag
A report from KMOV in Missouri. "While winter is a slow time of year, St Louis realtor Cathy Shaw Connely said inventory remains fairly low, despite rising interest rates. 'Yes, it’s going to affect the amount of house they can…
Are We On The Same Trajectory If 2020 Didn’t Happen, If 2021 Didn’t Happen, If 2022 Didn’t Happen?
A weekend topic starting with Deutsche Welle. "100 years ago, prices in Germany were soaring by 50% each month, a loaf of bread cost millions of mark. How did the young republic rein in inflation? When the young republic was…
Risks Of Buying Power Of Sale/Foreclosed Properties
https://www.youtube.com/watch?v=702BQTJr0VI https://www.youtube.com/watch?v=3Na5CzdTXAo
Historical Precedent Suggests The ‘Last Batch’ Of Buyers Often Become Resentful
A report from NPR. "'People are stuck,' says Lawrence Yun, chief economist with the National Association of Realtors. Yun and others describe the market as frozen, one in which home sales activity has declined for 10 months straight, according to…
The Days Are Gone Of Being Greedy And Just Throwing A Price Out There
A report from Money. "When Bob J. saw a model home he liked in a subdivision northwest of Dallas in October, a quick 24-hour negotiation with the builder netted him a savings of $125,000, free furniture and a fully decked…
Homebuyers Struggle To Close
https://www.youtube.com/watch?v=486khoh53dU https://www.youtube.com/watch?v=nS4CcrBFYok https://www.youtube.com/watch?v=zXJaZkgt6F8 https://www.youtube.com/watch?v=SXK-IOTYgG4 https://www.youtube.com/watch?v=B0Kt5uISNHo