New Home Sales Crater!!
https://www.youtube.com/watch?v=3Y_JF8HajGI https://www.youtube.com/watch?v=FvrbvUFpLXQ https://www.youtube.com/watch?v=4ounEg5kNNE https://www.youtube.com/watch?v=UMZnLLgnti4
$100k Price Reductions & Lagging Indicators
https://www.youtube.com/watch?v=NvUEq-AVrVQ https://www.youtube.com/watch?v=ymVh0IC72SE https://www.youtube.com/watch?v=iHJ4fYEAnWY
The Pandemic Housing Bubble
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…
A Classic Case Of What Goes Up, Can Come Down
A report from NBC Bay Area in California. "Median home prices in San Francisco have fallen by more than $300,000 in three months, Compass reports. Experts said it is tough to buy a home now as prices are likely to…
Builders In Trouble
https://www.youtube.com/watch?v=9Ozrl_-3mco https://www.youtube.com/watch?v=IitltshgJVM https://www.youtube.com/watch?v=1dR3nAdDsCU https://www.youtube.com/watch?v=0HpyWkgAkgc https://www.youtube.com/watch?v=m_gvLoik3fQ
The Elephant In The Room Has Spoken
A report from the Orlando Sentinel in Florida. "'The normal day now, I wake up, look at the [multiple listings service for agents], see a hundred new listings and 400 price decreases,' said Jeremy Wood, an agent with Keller Williams…
Some Sellers Are In Big Trouble
https://www.youtube.com/watch?v=7035JHj10hM https://www.youtube.com/watch?v=1A2MTixTSK8 https://www.youtube.com/watch?v=CEeMLCZNBoA https://www.youtube.com/watch?v=hQMkodNQG3k https://www.youtube.com/watch?v=zu19nNmERao https://www.youtube.com/watch?v=92sv1pRd_a8
Builders Need To Sell
https://www.youtube.com/watch?v=ncxMjKibLZE https://www.youtube.com/watch?v=RNtHr94Vfjs https://www.youtube.com/watch?v=kQxp3HOS9Qw https://www.youtube.com/watch?v=RBMcVA5PUfk
If Home Buying Were Honest
https://www.youtube.com/watch?v=xWqiE5GY4LI https://www.youtube.com/watch?v=mgODew-Iwog https://www.youtube.com/watch?v=Y-i7cawhw8s
We’re Going To See A Lot Of People Jump Ship
A report from Business Insider. "'The uptick that we have seen in cancellations has really been in the last 30 to 60 days, and the leading driver has been buyers' remorse,' said Ryan Marshall, CEO of PulteGroup. 'I think a…