Realtors, Stay In Your Lane
https://www.youtube.com/watch?v=pFmEheQYRnU https://www.youtube.com/watch?v=7p-r0TUVR9s https://www.youtube.com/watch?v=HUzFSSBIYsM https://www.youtube.com/watch?v=X_NqbGSQwH8
Loans Become Bad From The Moment Of Creation
A report from Fox Business. "A year ago, business was booming for Touchstone Living Inc. The Nevada builder had a list of 639 qualified buyers who wanted homes in its development about 15 miles north of the Las Vegas Strip.…
A Governmental Fiefdom Of Alleged Philosopher-Kings Sowed The Wind And Are Now Reaping The Whirlwind
A weekend topic starting with the Colorado Sun. "Back in 2015, the median sales price for a house in Colorado was $285,000, according to the Colorado Association of Realtors. Between January and September, the median price averaged $575,000. 'As you…
We’ve Just Listed The Property And The Phone Hasn’t Rung Yet, What’s Going On?
It's Friday desk clearing time for this blogger. "Since the end of the Great Recession, home prices in the Rochester area have pretty much gone in one direction: up. In the last several years, they’ve soared. But could that change…
Falling Property Values Could Trigger A Domino Effect
A report from Click Orlando in Florida. "A market once saturated by bidding wars is now seeing fewer buyers closing deals. In Orlando, home sales dropped 18.3%, with the Orlando Regional Realtor Association reporting 2,717 homes had been sold in…
One Of The Greatest Policy Errors Of All Time
A weekend topic starting with WPTV in Florida. "Genide Nazaire has been house hunting for two years. The latest figures show mortgage rates have hit a 20-year high, forcing Nazaire to stay put. 'We have just renewed our lease, which…
Buyers Can’t Qualify Or Afford, And Probably Don’t Want To Catch Falling Knives Anyway
A weekend topic starting with the LA Daily News. "Q. Am I wrong to suggest that prices are already falling sharply, we just can’t see it? Wolf: I don’t think falling home prices are widespread yet, but there are absolutely…
There’s Losers Already Happening
A report from Market Place. "Kai Ryssdal checked in with Vivian Gueler, CFO at Pacific Trust Group, a mortgage lender in Los Angeles. You said then that business for you had 'come to a screeching halt.' And one can only…
Yes There’s Stress, Yes It’s Going To Get Worse, And Yes There’s Going To Be Failure
A weekend topic starting with the Dallas Morning News in Texas. "'A lot of builders are very worried right now,' said Phil Crone, executive director of the Dallas Builders Association. 'They pushed all their chips in to try to keep…
Death By 1,000 Slashes
A report from Deseret News on Idaho. "'The sky is not falling,' said TJ Pierce, a real estate agent in Boise. 'Everybody knew it wasn’t going to last. It’s just a matter of how long.' Hop over to a more…