If Home Buying Were Honest
https://www.youtube.com/watch?v=xWqiE5GY4LI https://www.youtube.com/watch?v=mgODew-Iwog https://www.youtube.com/watch?v=Y-i7cawhw8s
If A House Is Old, Rundown And Small, We Say It’s Cozy And Has Lots Of Character
A weekend topic starting with the Tribune in California. "Convicted fraudster and former Atascadero Citizen of the Year Kelly Gearhart was released from federal prison Wednesday. Gearhart, a former real estate developer in San Luis Obispo County, pleaded guilty to…
Some Facts That Are Inconvenient For The REIC Narrative
A weekend topic starting with Yahoo Finance. "Fannie Mae Chief Economist Doug Duncan joins Yahoo Finance Live. 'We saw something on the order of 18% increase in house prices in 2021 following about a 15% increase in 2020. Our estimate…
They Probably Had Bigger Eyes Than Brains
A report from Mortgage News Daily. "Locks are certainly not repeating 2021 levels for January, with initial anecdotal pipeline numbers down 30-40 percent. Are you reducing costs accordingly? When the residential lending market is good, owners think they’re the smartest…
Investors Are Starting To Count Their Losses
A report from Mediafeed. "One longstanding guideline for property investors that has been the subject of countless articles is 'the 1 percent rule in real estate.' The 1 percent rule is a formula that says the monthly rental should equal…
The Exodus Appears To Be A Long-Term Trend
A weekend topic starting with the Washington Post. "After steadily growing for a decade and a half, the District of Columbia shrank this year by around 20,000 residents, or 2.9 percent. The sharp drop in the District’s population was no…
As Usual, An Exhilarating High Is Almost Always Followed By A Steep Fall
A weekend topic starting with Quartz. "The press has noted that more than 6 million homes may be sold this year, more than any time since 2006. For those familiar with real estate busts, this may be an ominous sign.…
The Perception That It’s A Good Investment Makes It A Good Investment
A weekend topic starting with the Northwest Florida Daily News. "The Crestview-Fort Walton Beach-Destin metropolitan area saw a massive increase in permits for new single-family homes in the past year. Alan Baggett, VP of The Building Industry Association of Okaloosa…
A Growing Percentage Of Sellers Quickly Learn That They’ll Have To Get Real
A weekend topic starting with the Staunton News Leader in Virginia. " According to the Greater Augusta Association of Realtors, there are 370 listings currently active. Previously, it was a challenge to sell over $350,000, but looking at the current…