Are There Too Many Houses?
https://www.youtube.com/watch?v=9lE8tzbuDC4 https://www.youtube.com/watch?v=vpRHtsKYBrM https://www.youtube.com/watch?v=zFCMxwVMAMA https://www.youtube.com/watch?v=JMSGuKFIGnE https://www.youtube.com/watch?v=A8U-yh48gb0
A Lot Of These People Are Struggling Now Because They Couldn’t Really Afford It To Begin With
A report from the Denver Post in Colorado. "Metro Denver single-family home prices, after dancing between an annual loss and gain in January, crossed over to the dark side with both feet in February. The median price of a single-family…
Real Estate Has Entered A Cold Winter
https://www.youtube.com/watch?v=OJNr3Ns1Z-k https://www.youtube.com/watch?v=PLAlVpq1EoE https://www.youtube.com/watch?v=GkSBajLj4J4
The Main Mechanism For Wealth-Building Goes Into Reverse
It' Friday desk clearing time for this blogger. "A price chop this big might cast some doubts on the world’s tallest residential tower. Gary Barnett’s Extell Development has sold a sponsor unit at its Central Park Tower at 217 West…
A Nice Word For Busts
A report from the Wilsonville Spokesman in Oregon. "The market already has tapered a bit from its absolute highs a few months ago. 'We're seeing more price reduction come across the MLS (multiple listing service) than we've seen in over…
Real Estate Is Not Really Their Area Of Expertise, Loaning Make Believe Digital Money Is
A report from the Philadelphia Inquirer in Pennsylvania. "The deal was simple: Property mogul Chris Rahn got to buy a bundle of 22 vacant, publicly owned lots on the cheap. In exchange, records show he was expected to build homes…
It’s Kind Of Ironic, There’s This Panic Prices Might Fall
A report from the Toronto Star in Canada. "Over the last few months, the staggering scale of money laundering in the Toronto and Vancouver real estate markets has come into focus. Even though real-estate agents are technically required to report…