A weekend topic starting with The Atlantic. "Timing isn’t the only external factor determining whether homeownership 'works' for Americans. Paying off a mortgage is a form of 'forced savings,' in which people save by paying for shelter rather than consciously…
https://www.youtube.com/watch?v=OtoNuW8iJRQ https://www.youtube.com/watch?v=WPw7XQ-7k3M
It's Friday desk clearing time for this blogger. "In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in…
https://www.youtube.com/watch?v=7Es2iv_j700 https://www.youtube.com/watch?v=6VB_ciulCCE https://www.youtube.com/watch?v=wL-wL-REmms https://www.youtube.com/watch?v=8Ou-JVGtxmE
A report from the Pueblo Chieftain in Colorado. "'There’s layoffs coming, I am sure,' said Randy Nobiensky, self-employed contractor with RH Builders. 'We are all connected, all in the same boat, and with the interest rates where they are. People…
It's Friday desk clearing time for this blogger. "'The phone’s barely ringing,' said real estate agent John Silva of John Silva Realty & Associates in Orlando. 'Those high, skyrocketing prices we saw months ago, they aren’t moving anymore. They’re just…
https://www.youtube.com/watch?v=eF5PCcnN93I https://www.youtube.com/watch?v=BB2UVOxv36U https://www.youtube.com/watch?v=xD8B0NK0P2A https://www.youtube.com/watch?v=OfscUv5FW7g https://www.youtube.com/watch?v=T7ub_gYD5MI https://www.youtube.com/watch?v=Rb7Cr1p3k2s https://www.youtube.com/watch?v=KhKWMOjuVvg
A report from CBS News. "The following is a transcript of an interview with JPMorgan Chase CEO Jamie Dimon that aired Sunday, Dec. 11, 2022. MARGARET BRENNAN: But in this moment we're in right now - you have mortgage rates…
https://www.youtube.com/watch?v=Jd1vgrXaJcE https://www.youtube.com/watch?v=PVTIc3u0y3M https://www.youtube.com/watch?v=tnPp0OFhPQg https://www.youtube.com/watch?v=OcSn8W2RHvg https://www.youtube.com/watch?v=zYRoS9VUjus https://www.youtube.com/watch?v=E9uF1nK6Qjo
A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…