Now Not Only The House Is Gone, But The Downpayment Is Also Gone And Owe A Lot Of Money To The Bank
https://www.youtube.com/watch?v=6JSMH7G5-H4 https://www.youtube.com/watch?v=1Fx6bDjH5x8 https://www.youtube.com/watch?v=eLywvF5jHdU
The Good, The Bad And The OMG!
https://www.youtube.com/watch?v=hUJafLOyRG0 https://www.youtube.com/watch?v=8U9rc53hwZU
A Lot Of It Is Just Evidence Of Failed Speculative Activity
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
A Disconnect Between Finance And The Real World Lies At The Heart Of All Great Bubbles
A weekend topic starting with the Real Deal. "For years, venture capitalists and tech firms from California descended on South Florida. But the industry’s foothold on the market began to falter last year. And now, in the aftermath of the…
Many Sellers Feel They Are Losing Profits Rightfully Theirs And Are Slow To Accept The New Realities
A report from Yahoo Finance. "To say home refinancing activity is a sliver of what it was two years ago is no exaggeration. 'Lenders are hurting. We still see layoffs on a monthly basis,' Jason Sharon, owner and broker at…
The Good, The Bad And Was The Painter Color-Blind?
https://www.youtube.com/watch?v=j7GfV6YFJoM https://www.youtube.com/watch?v=dCpLl_uO4cs
It Was Hard For Sellers To Realize That They No Longer Have That Price Escalation
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
Topping The Charts For Price Declines And The Worst Of It May Not Be Over
https://www.youtube.com/watch?v=230ZBW2zFZo https://www.youtube.com/watch?v=JZ1OElt5dCc https://www.youtube.com/watch?v=k7cQIpP0RDc
From Peak Optimism To Peak Pessimism
https://www.youtube.com/watch?v=Eaqqj68q_xA https://www.youtube.com/watch?v=3EiXWSTA4VQ https://www.youtube.com/watch?v=BPrQdTX1vhQ
Investors Who Were Planning On Flipping Are Now Feeling Fear And Panic
A report from the Montana Standard. "Home sales have slowed to Great Recession levels as the housing market adjusts to elevated mortgage rates, said John Kasperick, a longtime economist at NorthWestern Energy in Butte, and total mortgage demand has sunk…