Did the Fed Create The Housing Bubble?
https://www.youtube.com/watch?v=ix3skM14s90 https://www.youtube.com/watch?v=-0a32bVGbZI https://www.youtube.com/watch?v=ehhjZG2WY-E
Everybody Saw This Coming Yet Nobody Saw This Coming
A report from the New Hampshire Business Review. "Sales have been down all year to some extent, but mainly due to shrinking inventory. In the last few months, something else is going on. 'Certainly, interest rates slowed things down,' said…
For Some, The Consequences Of Participating In That Bubble-Producing Market Frenzy Will Be Catastrophic
A report from the Los Angeles Times. "For the first time in a decade, Southern California homeowners, and those across the country, are seeing their equity fall en-masse. Justin Bragg and his wife stretched to buy a home in Boyle…
Are We Going To See Fire Sales?
https://www.youtube.com/watch?v=mLCQyoQZbhw https://www.youtube.com/watch?v=hgk8vLdTmys https://www.youtube.com/watch?v=1bB9bco8ZAc https://www.youtube.com/watch?v=2FCkByxbWAY
What Worked In The Past Won’t Work Now
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
Some Analysts Are Predicting The Market Will Come Roaring Back
https://www.youtube.com/watch?v=eViEgMlOGg8 https://www.youtube.com/watch?v=4CUCdt0b8b4 https://www.youtube.com/watch?v=lCctFwnSjMQ https://www.youtube.com/watch?v=kQ8Rnnkg7Jw https://www.youtube.com/watch?v=ziphPO7NlmE
Homebuilders Are Now Stuck With A Bunch Of New Houses That Are Hard To Sell
A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
Many Homeowners Owe More On Their Mortgage Than Their House Is Worth
https://www.youtube.com/watch?v=WX0FeBkNxP0 https://www.youtube.com/watch?v=PGalOYTrlM4 https://www.youtube.com/watch?v=26NF70lRkZE https://www.youtube.com/watch?v=j2Uf-kSJ_rA https://www.youtube.com/watch?v=W7BoFsKAgac https://www.youtube.com/watch?v=PFgknpd2Lio
Winter Is Here For Investors
A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…
It’s Worth Less Than What I Paid For It, Stuff You Guys I’m Doing A Runner
A report from NBC San Diego in California. "Gone are the days of 30 bids raising a home’s prices overnight. 'That market is done. It’s completely dead,' declared Miguel Contreras a real estate consultant. 'If you’re a seller, you have…