Once In A While You Run Into A Sleazy Real Estate Agent
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All Sellers Are Expecting To Be Chipped
A report from the Real Deal on Arizona. "Two months ahead of hosting the 2023 Super Bowl, Arizona Cardinals owner Michael Bidwill sold his mansion in Paradise Valley at a loss for $5.3 million. Bidwill sold the property two months…
Winter Is Here For Investors
A report from 5280 in Colorado. "This past summer Point2 showed metro Denver homes, on average, increased in price $94 each day between 2011 and 2021. As interest rates increased and the economy started to slow in mid-2022, real estate…
The Hangover From Loose Monetary Policies
A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…
The Buying Binge Is Becoming A More Distant Memory Each Week
A report from News 4 Jax in Florida. "Jacksonville-based realtors are seeing some cases where buyers are pulling out of contracts. 'I had a friend of mine who’s also a realtor. He had buyers. They got into a contract and…
For Sellers Looking To Sell At The Top Of The Market The Reality Is It’s Already Too Late
A report from KING TV in Washington. "'Literally houses are staying on market a lot longer. House prices are dropping anywhere from $50,000-100,000. I've seen houses drop $300,000,' said real estate broker Ali Samael. Housing prices coming down are a…
Without Expectations Of Price Gains, Investors Are Gone
A report from the Post Star in New York. "'I showed a house the minute it came on the market, and I wrote an offer on the hood of the car, that’s how quick,' said agent Barbara Kenison with Coldwell…
It’s Getting Worse
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Even The Denialists Have Finally Come Around
A report from Money Wise. "Austin real estate agent Lilly Rockwell says the market has already started favoring buyers and that she just helped a client negotiate a purchase for under list price. 'It's fabulous. Finally. Tons of choices, very…