Massive Price Cuts Happening Each Day
https://www.youtube.com/watch?v=T7b719xrnK0 https://www.youtube.com/watch?v=bhdLL-avsnc
The Number Of Chickens You Have To Forgo To Buy A House Is Unlikely To Keep Plummeting Forever!
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…
Are 2015 House Prices Possible?
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
There’s So Much Uncertainty Driving The Panic
A report from KHOU in Texas. "Although Corpus Christi homes are still selling, a downward trend in buyers is leaving houses on the market longer than even just six months ago, when homeowners were able to set their price, said…
It’s A Stink Bid – They Are Trying To Steal The Place
A report from the New York Post. "'Don’t panic,' said Jacob Channel, a senior economist at LendingTree. 'What you absolutely shouldn’t do in a period like this is panic and think the sky is falling. If you do that, you’re…
It’s Like Somebody Flipped A Switch
It's Friday desk clearing time for this blogger. "'Broadly speaking, all real estate valuations are likely to come down in the coming months, since there is little doubt that interest rates will continue to rise, perhaps substantially,' Reveeille Hospitality Chief…
Buyers Are Looking For Reasons Not To Pay So Much
A report from Hawaii News Now. "The Honolulu Board of Realtors says the median price of a single-family home on Oahu fell slightly to $1,105,000 for April. The number of homes pending sale also fell — a sign rate hikes…
Imaginary Wealth That Exists Only On Paper
A report from the Honolulu Star advertiser in Hawaii. "A Hong Kong-based company with plans to develop an Atlantis-themed resort along with two other big hotel and residential projects in West Oahu has been trying to sell all three properties…
We Certainly Are Taking A Haircut
A report from Bisnow. "WeWork has washed its hands of WeLive, the co-living brand it launched a half-decade ago with grand aspirations. Around the time of the two openings, WeWork was telling investors that by 2018, it projected WeLive would…
Everyone Who’s Willing To Overpay For A House Already Has
A report from the Dallas Business Journal in Texas. "Real estate agents and others in the residential business say they have seen DFW transition over the last couple of months from a completely insane housing market to what's still a…