You Realize The Market Has Changed?
https://www.youtube.com/watch?v=6oloecFwNq0 https://www.youtube.com/watch?v=JqrpBbvOwBw
They Blatantly Lied To Us, We Lose Everything, We Won’t Get Any Money Back
A report from CNBC on New York. "Manhattan real estate sales fell 38% in the first quarter, according to new reports. The big question for brokers, buyers and sellers is where the new 'bottom' will be in Manhattan. The average…
Everyone Wants To Pay Tomorrow’s Price
A report from the Orange County Register. "California's latest homebuying debacle is a pumped-up storyline we've seen before — even if each housing bubble has its own shape and size. The median price of an existing, single-family home in California…
There’s Just Not Enough Cake For Everyone
It's Friday desk clearing time for this blogger. "Realtor Josh Altman joins Yahoo Finance Live to explain the Los Angeles 'Mansion Tax.' If people think they were not going to be affected because they don't have homes that are worth…
How Many Times Have We All Heard The Word Unsustainable?
A report from Mansion Global. "Austin, Texas has cooled faster than any other major U.S. metro over the past year, according to the report. The city’s median price plummeted 13% year over year in February. Austin leads a trend where…
Not A Whole Lot Of Buyers Out There
https://www.youtube.com/watch?v=mKENxntkZXc https://www.youtube.com/watch?v=91gmqtOGSVQ https://www.youtube.com/watch?v=XMCrnNQklbg https://www.youtube.com/watch?v=PjmtZrYT-fo
You’re Bleeding Money, Before It Was Free Money
A report from the Los Angeles Times in California. "Industry experts generally agree that L.A.’s luxury market has slowed down this year, and the data agree. 'I’ll do anything to sell,' said the owner of one home in Brentwood who…
A Lot Of It Is Just Evidence Of Failed Speculative Activity
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
At The Beginning Of Another Downturn?
https://www.youtube.com/watch?v=iWg-m3Ycwaw https://www.youtube.com/watch?v=dqGS3CdQ_5M https://www.youtube.com/watch?v=vTF_RrhMaB4 https://www.youtube.com/watch?v=y9HE_PBm2x8 https://www.youtube.com/watch?v=SrjzrXd5SLk https://www.youtube.com/watch?v=M43GBGM9MxI
The Most Reckless Monetary And Fiscal Experiment In History
A report from NBC News. "Silicon Valley Bank is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the distressed bank to protect deposits, naming the Federal Deposit Insurance Corporation…