Multiple Reports Of An Increase In Homes Selling At A Loss
https://www.youtube.com/watch?v=YmC0HbDY7OA https://www.youtube.com/watch?v=r-BMjyxQNEM https://www.youtube.com/watch?v=NZZRoacDRXo https://www.youtube.com/watch?v=hvD3tOr88YA
We Hear The Words But No Longer Hear The Music
A report from KXTV in California. "'These homes we're in now... when they went up originally in 2018 just before the pandemic, they were running anywhere from high $300,000 to low $400,000,' realtor Dana Harward explained as she drove around…
F*@K Around And Find Out!
https://www.youtube.com/watch?v=qNWKWPAFoLg https://www.youtube.com/watch?v=4dLIJQ1YiZ8 https://www.youtube.com/watch?v=iWPtdAr4l1s https://www.youtube.com/watch?v=0KMguY5lHc0 https://www.youtube.com/watch?v=BQmKIDJgN-A
New Homeowners, Having Achieved Their Dream, Are Plagued By Shame And Fear Because They Bought Around The Market Peak
A report from Axios on Arizona. "A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley's real estate industry last week.The median Phoenix home sale price, which was…
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…