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…
People Who Were Putting In Stupid Prices, Now They Are Saying, The Market Is Going Down
A report from Money Wise. "'It’s becoming increasingly clear that the real estate markets are headed for a correction,' says George Ratiu, senior economist with Realtor.com. In Austin, for example, buyers are regaining bargaining power as sales last month fell…
How Far Will Property Prices Drop?
https://www.youtube.com/watch?v=Cjuq_C5cMW0 https://www.youtube.com/watch?v=vgPZRu-PYR8 https://www.youtube.com/watch?v=c7ddiXg421M https://www.youtube.com/watch?v=0MnjuQuyrsg
Wait A Minute, I Thought This Was A Seller’s Market
A weekend topic starting with Yahoo Finance. "BRIAN CHEUNG: Yeah, let's start off with Wells...Double digit decline in mortgage income for this company when you consider that it used to be an over $1 billion revenue line. It declined 79%.…
Eye-Popping Price Increases And Bidding Wars Suddenly Seemed To Be A Thing Of The Past
A report from the Review Journal. "LVR reported the median price of existing single-family homes sold in Southern Nevada through its Multiple Listing Service during June was $480,000. That was down from the all-time record price of $482,000 in May,…
It Is As If Increase Of Appetite Had Grown By What It Fed On
A weekend topic starting with Yahoo Finance. "I was talking to a high-profile Wall Street strategist the other day who told me she and her husband were house-hunting in the Hamptons. They saw a place they liked, but the asking…
Where Did The Buyers Go?
https://www.youtube.com/watch?v=OFWp8bJP3-s https://www.youtube.com/watch?v=4FVsg9XlRns https://www.youtube.com/watch?v=rBiiO4EmRzE https://www.youtube.com/watch?v=6u0v5d2s1To
The Sellers Are Hanging On For Dear Life
A report from Valley Central in Texas. "Realtor Arnold Celis said interest rates are not slowing down the real estate market in the Rio Grande Valley. Celis said the market is so wild, that he has had a client pay…
The Fall Is Happening
https://www.youtube.com/watch?v=SNlFwrcRpR4 https://www.youtube.com/watch?v=-14xsh4RUA8 https://www.youtube.com/watch?v=5dPbpo7mQMI https://www.youtube.com/watch?v=SDv3TpZ_0Rw
They’re Sitting On The Market For A Few Weeks To A Few Months And People Are Not Touching It
A report from the Phoenix Business Journal in Arizona. "As the Valley's housing market continues to cool, home sellers are cutting list prices while various incentives are emerging — signs that the housing market is finally on its way to…