What’s Known As A Ponzi Scheme
https://www.youtube.com/watch?v=9XES1IGINuk https://www.youtube.com/watch?v=idNDv3oDvw8 https://www.youtube.com/watch?v=VG4gElT1q7E
I See A Lot Of Panicking Happening, I’ve Seen People Lose Their Entire Life Savings
It's Friday desk clearing time for this blogger. "The National Association of Realtors’ index of pending home sales fell 5.2% to a reading of 78.9 in March, according to data released on Thursday. On a yearly basis, pending transactions plunged…
There Is A Bubble To Burst
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
I Just Never Dreamt I Wouldn’t Be Able To Sell It
A report from Deseret News. "More than a month after the failure of the Silicon Valley Bank, Moody’s Investors Service downgraded 11 investors. Moody’s research released on Friday suggests that the industry is experiencing greater instability from several bank failures…
Many Of These Investments Were Made During The Fed’s Money Printing Days
A weekend topic starting with Market Watch. "Home prices are falling, but the housing market is still too expensive for most Americans. The median price of a home in the U.S. was about $400,000 — about 5.6 times the real median…
Some People Are Hanging On By A Thread
A report from DS News. "'I was consistently busy in the fall, but things got really quiet in March after the collapse of Silicon Valley Bank,' said Boise Redfin Real Estate Agent Shauna Pendleton. 'That killed the buyer momentum that…
Fault Lines Have Emerged For Investors Who Paid Top Dollar
A report from the Hawaii Tribune Herald. "'I’m telling sellers that if they get an offer that’s even slightly acceptable, they should take it,' said Jen McGeehan, Realtor with Coldwell-Banker Island Properties. 'My sellers are starting to price themselves a…
I Was Previously Considered Wealthy
It's Friday desk clearing time for this blogger. "After predicting that the sluggish housing market had started to rebound in January, Redfin this week blamed real estate market conditions as part of the reason for its latest round of layoffs.…
Many Homes Advertise Just How Far Desperate Owners Are Willing To Go
A report from the Boston Globe in Massachusetts. "The median sales price of a single-family home in Greater Boston dropped nearly 8 percent year over year to $700,000 in February, according to the Greater Boston Association of Realtors. 'People who…
If You Sell, You’re Not Getting Any Money Out
A report from the Telegraph. "Brad Pitt is one of a number of wealthy Californians offloading property in LA in an apparent effort to save millions of dollars in tax. The rush of properties coming to market, and the tax,…