Homeowners Are Growing More Desperate As Foreclosure Notices Start To Arrive
https://www.youtube.com/watch?v=MHK0WldDGY8 https://www.youtube.com/watch?v=Vo5fIZB_6ZE
Pay Less Attention To, Or Even Ignore, What Sellers Are Asking For
It's Friday desk clearing time for this blogger. "'The phone’s barely ringing,' said real estate agent John Silva of John Silva Realty & Associates in Orlando. 'Those high, skyrocketing prices we saw months ago, they aren’t moving anymore. They’re just…
Why Do You Want To Buy Something That You Expect To Become Cheaper?
A weekend topic starting with the Atlantic. "This coming recession, if it does come, will largely be an artifact of policy, with a handful of unelected bureaucrats based in Washington choosing to increase unemployment and bankrupt businesses in order to…
What Worked In The Past Won’t Work Now
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
Homebuilders Are Now Stuck With A Bunch Of New Houses That Are Hard To Sell
A report from Yahoo Money. "About 270,000 homebuyers who bought during the red-hot housing market this year already owe more than their house is worth, a new analysis found. Among the 450,000 underwater borrowers in the third quarter, nearly 60%…
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…
An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
It’s More Important Than Ever For Motivated Sellers To Get Aggressive With Their Pricing
https://www.youtube.com/watch?v=Jxdvp4HEWn0 https://www.youtube.com/watch?v=-tTgroQ9fBw https://www.youtube.com/watch?v=gNGC6Hp26w4 https://www.youtube.com/watch?v=21DNIERoqrU
The Housing Market Continues To Soften
https://www.youtube.com/watch?v=jiPzm2yWi04 https://www.youtube.com/watch?v=iPJZB-gYwGo https://www.youtube.com/watch?v=ogD1Rbt9hkY
They’re Trying To Get Rid Of Them As Fast As They Can, It’s Just Sitting There Without A Buyer, They’re Losing Money
A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…