Builders Are Drastically Reducing Prices
https://www.youtube.com/watch?v=gqFPhsO-2W0 https://www.youtube.com/watch?v=ZU5-YtaZ788 https://www.youtube.com/watch?v=txFUlbMUyrk
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…
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%…
Workers Facing Or Experiencing Layoffs Abandoned The Housing Market
https://www.youtube.com/watch?v=Jd1vgrXaJcE https://www.youtube.com/watch?v=PVTIc3u0y3M https://www.youtube.com/watch?v=tnPp0OFhPQg https://www.youtube.com/watch?v=OcSn8W2RHvg https://www.youtube.com/watch?v=zYRoS9VUjus https://www.youtube.com/watch?v=E9uF1nK6Qjo
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…
They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
The Central Bank Is Quite Happy To See Those Prices Fall
A report from The Hill. "A series of layoffs at America’s major technology companies could put pressure on local housing markets. San Jose and San Francisco are among five U.S. metros that have already experienced year-over-year price declines. Prices fell…
If We Have The Everything Bubble, You’re Going To Have The Everything Bust
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
Builders Are Looking To Get Rid Of Some Inventory Before The End Of The Year
https://www.youtube.com/watch?v=ikVteistzFE https://www.youtube.com/watch?v=4ymdddRcUoA https://www.youtube.com/watch?v=vx87MaCh2MY
Builders Are Racking Up The Staggering Cost Of Inventory And A Possible Foreclosure Wave Could Hit
https://www.youtube.com/watch?v=0YT9_jVGdZo https://www.youtube.com/watch?v=6dFS_-T2hps https://www.youtube.com/watch?v=ZQgV3UrA0MY https://www.youtube.com/watch?v=IhsffEHi3LI