Dare One Wish For Housing Price Cuts?
A holiday topic starting with News Corp Australia. "The Block stars Leah and Ash are not going to get a house sale for Christmas, and an update to the home’s listing will come as quite an kick in the teeth.…
Would-Be House Sellers Think The Market Should Behave Like It Did At The Peak Of Frenzy
A report from the Wall Street Journal. "Danielle Tantone and her soon-to-be ex-husband, Michael Tantone, bought their Mesa, Ariz., area home in July 2022 with a mortgage of about $600,000 that carried an interest rate of 5.62%. Both planned to…
What Was Once A Dream Has Turned Into A Nightmare For Many
A report from the Arizona Republic. "Metro Phoenix home sales are slowing, so sellers brace yourselves. 'This is not a good time to test a price higher than market value for your home,' said Tina Tamboer, senior housing analyst with…
Things Continue To Go From Bad To Worse, Housing Is The Epicentre Of The Downturn, Nosediving At A Breakneck Speed
A report from the Orange County Register in California. "Even with the happiest place on earth just a stone’s throw away, Realtors are feeling more like Disney’s Grumpy than Happy these days. 'When I look at the statistics, we are…
Go In Low, Put In A Cheeky Offer, If You’re Not Embarrassed You Are Probably Too High
A report from Realtor.com. "Following a trade to the Lone Star State before the 2023 NFL season, Dallas Cowboys quarterback Trey Lance is ready to move on from his Morgan Hill, CA, mansion. The signal caller bought the place in…
You Can’t Have Too Much Sugar And Not Expect A Crash
A weekend topic starting with US News and World Report. "What takes place in investors' minds when they buy assets, hold on to stocks, trim their positions and make other decisions with their capital? Behavioral finance explores some of the…
If You’re An Investor Holding Multiple Properties, You Can Only Sit There So Long And Wait
A report from the Philadelphia Inquirer in Pennsylvania. "Student loan payments resume this month, and millions of borrowers across the region are rearranging their budgets. Kenneth Blair Jr. is increasingly anxious as his payment due date approaches. 'My payments are…
There Are No Viewings And No Offers, Homes Are Just Sitting There
A report from the Naples Daily News in Florida. "Year-to-date, single-family home sales are down 15% over the year in Lee County, the county hardest hit by Ian. In the city of Cape Coral, they're off by 20%, said Denny…
It’s Really Left Our Whole Life In Limbo
A report from the Orange County Register. "Surviving the slowdown was a key theme at the California Association of Realtors conference last week in Anaheim. Helen Jeong’s most prosperous year as a real estate agent occurred in 2020, when five…
Henry Ford Came Out With The Car And We Had A Lot Of Horse And Buggy Loans Due
A report from Community Impact in Texas. "'I’ve been doing this for 23 years, and this year was the largest decrease in residential value we’ve ever seen,' said Williamson County Chief Appraiser Alvin Lankford. Since mid-2022, median market prices, or…