Thinking of Selling? Better Do It In August
https://www.youtube.com/watch?v=FIIZ5IRaDcY https://www.youtube.com/watch?v=7lYUTxG5C-o https://www.youtube.com/watch?v=5IqLVb5rcp0
Most Buyers These Days Prefer To Wait For The Next One Rather Than Overpay
A report from the Center Square. "'I have to admit, even I am a little shocked at how fast the market decided to change,' said Patrick Muldoon, a realtor in Colorado Springs. 'It is like we had a really hot…
Some Sellers Are In Big Trouble
https://www.youtube.com/watch?v=7035JHj10hM https://www.youtube.com/watch?v=1A2MTixTSK8 https://www.youtube.com/watch?v=CEeMLCZNBoA https://www.youtube.com/watch?v=hQMkodNQG3k https://www.youtube.com/watch?v=zu19nNmERao https://www.youtube.com/watch?v=92sv1pRd_a8
The Exuberance That Permeated These Markets Is Being Replaced By Fear
A report from the Spokesman Review in Washington. "'Real estate is a cyclical thing. What goes up, must come down,' Rob Higgins, executive officer for the Realtors association said of the local housing market. Spokane County's overheated housing market appears…
Yes, You’re Down From The Peak, Which Was A Crazy Peak
A report from the Review Journal in Nevada. "Las Vegas high-rise closings set an all-time record during the first six months of 2022 but the condo market — like in the single-family home segment — has slowed with higher interest…
The Crash of Flipping Homes With Algorithms
https://www.youtube.com/watch?v=_a2kAzFBGtc https://www.youtube.com/watch?v=rk5Jj6ezP5o https://www.youtube.com/watch?v=ioaOXz2B7DQ https://www.youtube.com/watch?v=rSzwO5CU3Go https://www.youtube.com/watch?v=taSzZhcZhcc https://www.youtube.com/watch?v=nXcz6CHDtwo
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…
Without Expectations Of Price Gains, Investors Are Gone
A report from the Post Star in New York. "'I showed a house the minute it came on the market, and I wrote an offer on the hood of the car, that’s how quick,' said agent Barbara Kenison with Coldwell…
It Becomes A Bit Like A Ponzi Scheme
It's Friday desk clearing time for this blogger. "Kansas City area Realtors are looking ahead to the next few months in the housing market. 'Six months ago, you can go to a seller, you can say, ‘Hey, throw me out…
We’re Going To See A Lot Of People Jump Ship
A report from Business Insider. "'The uptick that we have seen in cancellations has really been in the last 30 to 60 days, and the leading driver has been buyers' remorse,' said Ryan Marshall, CEO of PulteGroup. 'I think a…