Price Reduction Death Spiral
https://www.youtube.com/watch?v=ye2BbI8B7O4 https://www.youtube.com/watch?v=IAAaKj88Gos https://www.youtube.com/watch?v=GJ2JSIWIZTA https://www.youtube.com/watch?v=lHfkwSPHkRw https://www.youtube.com/watch?v=GK9-vfrVCRs
Hey, This Party Feels Like It’s Going To Keep Going, And There Is No Reason For It To Stop, And Then The Music Stopped
A report from KIRO in Washington. "Inventory is up, prices are down but buyers are backing out of the Seattle housing market. The Emerald City just scored the top spot on Redfin’s list of fast-cooling real estate markets in the…
You Have Nothing But A Gut Feeling You’re About To Be Robbed
https://www.youtube.com/watch?v=9exB52mS9Us https://www.youtube.com/watch?v=WioH2Uwe7F8 https://www.youtube.com/watch?v=Eqx5FmlLtRg https://www.youtube.com/watch?v=_lI3-WNX2-Y https://www.youtube.com/watch?v=rLMOXPUX2so
Offers Being Made Now Feel Much More Grounded In Reality
A report from Market Watch. "The tide has turned, and buyers are now backing out of deals in the Sun Belt. Once pandemic boomtowns, 15.2% of homes in cities in the Sun Belt that went under contract in August fell…
The Hangover From Loose Monetary Policies
A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…
What’s Left On The Market Are Have To Sell
https://www.youtube.com/watch?v=dwSTKm1ingI https://www.youtube.com/watch?v=OxNSxPaMhGY https://www.youtube.com/watch?v=JV04-523bKM https://www.youtube.com/watch?v=Z_MQTzm8VIs https://www.youtube.com/watch?v=ASjZbZVfHWM
Prices Are Falling As A Direct Result Of Sky-High Supply Paired With Comparatively Low Demand
It's Friday desk clearing time for this blogger. "When Nancy Lam upgraded in January to a home closer to her child’s school in the San Francisco Bay Area, she thought she had plenty of time to list her old house.…
It’s A Stink Bid – They Are Trying To Steal The Place
A report from the New York Post. "'Don’t panic,' said Jacob Channel, a senior economist at LendingTree. 'What you absolutely shouldn’t do in a period like this is panic and think the sky is falling. If you do that, you’re…
Appraisals Are Coming In Lower Than The Purchase Price
https://www.youtube.com/watch?v=QS15ysvvKbo https://www.youtube.com/watch?v=_lfcPtjiW-g https://www.youtube.com/watch?v=0tgdqFT__U4 https://www.youtube.com/watch?v=UQoxG2bb_XE
Prices Went Up Too Fast
A report from ABC News. "Wesley and Kimberly Robinson, both elementary school teachers, started building a new home for themselves and their two daughters in Rogers, Arkansas, last year, when interest rates were close to 3%. But their mortgage rate…