Homes NOT SELLING!
https://www.youtube.com/watch?v=O6BTe3loeOI https://www.youtube.com/watch?v=9nIi6Y3ruBo https://www.youtube.com/watch?v=mVHuGbAbwv8 https://www.youtube.com/watch?v=4wWp_oI4crU https://www.youtube.com/watch?v=72MrQX-iBoM
$100k Price Reductions & Lagging Indicators
https://www.youtube.com/watch?v=NvUEq-AVrVQ https://www.youtube.com/watch?v=ymVh0IC72SE https://www.youtube.com/watch?v=iHJ4fYEAnWY
Investors Are Aggressively Pitching Lowball Offers And Prices Have Already Fallen Steeply
It's Friday desk clearing time for this blogger. "'In my 22 years experience, I’ve never seen it move as fast as it was. I mean, back in Easter, every deal I had was multiple offers. You know, few months later,…
The Pandemic Housing Bubble
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…
A Classic Case Of What Goes Up, Can Come Down
A report from NBC Bay Area in California. "Median home prices in San Francisco have fallen by more than $300,000 in three months, Compass reports. Experts said it is tough to buy a home now as prices are likely to…
What Happens When Central Banks Fall Behind The Curve
A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…
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…
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…
Is The Winner Really The Winner? Or Are You The Loser?
A report from Pagosa Daily Post in Colorado. "If you are a buyer who has been sitting on the sidelines for the last year, there is some good news for you. Prices are coming down across the board for homes,…
Builders Need To Sell
https://www.youtube.com/watch?v=ncxMjKibLZE https://www.youtube.com/watch?v=RNtHr94Vfjs https://www.youtube.com/watch?v=kQxp3HOS9Qw https://www.youtube.com/watch?v=RBMcVA5PUfk