The Good, The Bad And The Where Did Everyone Go?
https://www.youtube.com/watch?v=36nVXwmgleo https://www.youtube.com/watch?v=kB1aXhHEv7E https://www.youtube.com/watch?v=3XYZRCviQTE
25% Below Asking In A Sellers Market?
https://www.youtube.com/watch?v=vAjgbXAgCoE https://www.youtube.com/watch?v=CiNz1kPoTDw
People Weren’t Making Great Decisions
A weekend topic starting with Fortune. "A new era of higher borrowing costs and more cautious lenders—coupled with slowing growth and recession fears—has frozen once-red hot segments of the U.S. economy. Logan Allin, founder of Fin Capital, a fintech-focused VC…
The Stars Are Aligned For A Bloodletting
It's Friday desk clearing time for this blogger. "Cooling real estate market trends continued into December 2022, according to reports from the Northern Virginia Association of Realtors and Virginia Realtors. The median sold price for a home also decreased slightly…
The Housing Market Is Unraveling As Prices Come Down From Their Peak
A report from the San Francisco Chronicle in California. "Ben Jiang retrieved a key from a lockbox and worked to untangle a mass of chains securing the front gate of his house. Inside, raunchy graffiti covered several walls and doors,…
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…
Some Agents Have Reported That Numerous Cheeky Offers Are Now Being Presented To Sellers
It's Friday desk clearing time for this blogger. "RE/MAX reported the median sales price in the Los Angeles metropolitan area, including Orange County, in Dec. 2022 was $810,000, a 4.7% drop from the previous year's $850,000 sales price. The San…
As The Fed Ends The Era Of Free Money, More Levered Speculators And Unscrupulous Behavior Get Exposed For What They Always Were
A report from Click Orlando in Florida. "Orlando resident Jeriah Owens is searching to buy her second home. She told News 6 that as a single mom especially, it’s been a little frustrating with the up and down interest rates…
The Over-Excited, Headless-Chicken Covid Market Has Disappeared
A report from Go Banking Rates. "In 2021, inflation pushed the housing market to record highs — but it wasn’t a bubble. 'It’s not like 2008, because the growth we have seen in the past few years wasn’t based on…
The Market Will Not Go Back To What It Was, Because What It Was, Was Insane
A report from the Salt Lake Tribune in Utah. "It’s just two weeks into 2023, and Utah real estate agents are already being told to look to 2024 for things to improve. Hundreds of them broke into a slow nervous…