Topping The Charts For Price Declines And The Worst Of It May Not Be Over
https://www.youtube.com/watch?v=230ZBW2zFZo https://www.youtube.com/watch?v=JZ1OElt5dCc https://www.youtube.com/watch?v=k7cQIpP0RDc
If You Don’t Want To Get Stuck, Those Who Have Invested At The Top Should Boldly Cut Their Losses As Quickly As Possible
It's Friday desk clearing time for this blogger. "Today iBuyers are the ones getting shafted. Laurie Tayrien and her husband bought a home in Phoenix for $485,000 in November. Only five months earlier, Opendoor had purchased it for $646,800. That's…
That Feeding Frenzy We Had Before Is Gone
A report from Market Watch. "'A few markets may see double-digit price drops, especially some of the more expensive parts of the country which have also seen weaker employment and higher instances of residents moving to other areas,' said Lawrence…
It Hurts Coming Out Of A Fireworks-Everywhere Market
A report from the Union Leader. "People bought nearly 40% fewer homes in New Hampshire in January than two years ago, the lowest one-month total in 12 years. Meanwhile, some areas are beginning to see lower prices than a year…
Investors Are Now Faced With The Reality That They’re Going To Have To Come Up With Extra Funds
A report from Business Insider. "I felt pressured to buy a nearly $1 million house at age 27 — and I deeply regret it. This as-told-to essay is based on a conversation with Elsa, a 27-year-old software engineer who asked…
Many Who Chose Mortgages With Cheap Money Are Now Being Forced To Sell At A Significant Loss And Potentially Face Financial Ruin
It's Friday desk clearing time for this blogger. "In March 2020, Mark Joseph bought his first home: a spacious three-bedroom, 2.5-bedroom house in Saint Louis. He and his wife had recently had their second child. Joseph was convinced 'someone else…
New Homeowners, Having Achieved Their Dream, Are Plagued By Shame And Fear Because They Bought Around The Market Peak
A report from Axios on Arizona. "A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley's real estate industry last week.The median Phoenix home sale price, which was…
The Good, The Bad And The Where Did Everyone Go?
https://www.youtube.com/watch?v=36nVXwmgleo https://www.youtube.com/watch?v=kB1aXhHEv7E https://www.youtube.com/watch?v=3XYZRCviQTE
Not Quite A Record Level Of Decline, But It’s Probably A Matter Of Time
A report from Wicked Local. "The Massachusetts residential real estate market is correcting for past excesses. 'The Massachusetts single family market finally hit the wall we’ve all been anticipating,' said Tim Warren, CEO of The Warren Group. 'For the last…
25% Below Asking In A Sellers Market?
https://www.youtube.com/watch?v=vAjgbXAgCoE https://www.youtube.com/watch?v=CiNz1kPoTDw