The OpenDoor Fire Sale
https://www.youtube.com/watch?v=cuEb0d_vMk0 https://www.youtube.com/watch?v=rnNjrD4mRCo https://www.youtube.com/watch?v=Iz91Ghculh0 https://www.youtube.com/watch?v=tuluEMmwe3A https://www.youtube.com/watch?v=fL8UsAix_qs
The Housing Market Appears To Have Officially Crashed
https://www.youtube.com/watch?v=tizB9-tggyI https://www.youtube.com/watch?v=fccD0gXHib0 https://www.youtube.com/watch?v=PTPHbPyXtpk https://www.youtube.com/watch?v=5H5NWzoZ68s https://www.youtube.com/watch?v=gVRNa3hNqvY https://www.youtube.com/watch?v=vJWI9-v1BXA
The Concept Failed, Nobody Showed Up To Buy Any Lots Or Any Houses
A report from KTVB Boise in Idaho. "Jeffree Nice put his home on the market last month. 'I think it's been a little over 30 days, which is somewhat normal in these times. I guess I just missed the window,'…
BIG Price Declines
https://www.youtube.com/watch?v=1zpFwEJrEG0 https://www.youtube.com/watch?v=OyiXqXN-5Ug https://www.youtube.com/watch?v=Lsu4ynS9OD4
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…
How Are We Going To Get Out Of This Thing, I Might Have To End Up With Nothing
A report from Business Insider. "'To be expected, with rates rising as quickly as they have, we were going to see a slowdown in prices, but certainly we are now seeing the market slam on the brakes very quickly here…
Where Did The Buyers Go?
https://www.youtube.com/watch?v=OFWp8bJP3-s https://www.youtube.com/watch?v=4FVsg9XlRns https://www.youtube.com/watch?v=rBiiO4EmRzE https://www.youtube.com/watch?v=6u0v5d2s1To
A Wintry Summer Is Brewing While Sellers Clamber For Yesterday’s Prices
A report from the San Francisco Chronicle in California. "Redfin agent Andrea Chopp said while so many buyers have been priced out of the market, she thinks it’s actually a great time to buy — if you can afford it.…
When Interest Rates Were Down, People Could Borrow More Than They Expected, Now The Reverse Is Happening
It's Friday desk clearing time for this blogger. "On Thursday, Freddie Mac deputy chief economist Len Kiefer tweeted about what this downward shift means: 'The U.S. housing market is at the beginning stages of the most significant contraction in activity…
For A Lot Of Buyers, That’s Where The Rubber Meets The Road
A report from the Aiken Standard in South Carolina. "We're seeing a lot of people that when we come down and say, 'here's your monthly payment,' (they say), 'well, that's just too much,' said Matthew Hunter, branch manager at Assurance…