New Homes Are Taking A Hit!
https://www.youtube.com/watch?v=US1hhP88jP0 https://www.youtube.com/watch?v=uolRA-Avi2U https://www.youtube.com/watch?v=oPn78_LAHIw https://www.youtube.com/watch?v=Ya0ax7ldoSI
This Is A House With A Lot Of Smoke Alarms And They Are All Going Off
A report from Money. "If you bought your home in 2008 or 2009, selling in 2023 will still be profitable for you,” says Maureen McDermut, a real estate agent with RE/MAX of Cherry Creek in Denver. “If you bought in…
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
Speculators Are Now Willing To Accept Losses To Dispose Of Their Units
A report from CBS News. "The following is a transcript of an interview with JPMorgan Chase CEO Jamie Dimon that aired Sunday, Dec. 11, 2022. MARGARET BRENNAN: But in this moment we're in right now - you have mortgage rates…
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: %…