As Prices Are Reduced, Are Values Dropping?
https://www.youtube.com/watch?v=ePQUyFE6qEk https://www.youtube.com/watch?v=6pHfSjkrBl8 https://www.youtube.com/watch?v=vfGZrBe9oQE https://www.youtube.com/watch?v=9u_DD1o9hcs
People Who Were Putting In Stupid Prices, Now They Are Saying, The Market Is Going Down
A report from Money Wise. "'It’s becoming increasingly clear that the real estate markets are headed for a correction,' says George Ratiu, senior economist with Realtor.com. In Austin, for example, buyers are regaining bargaining power as sales last month fell…
Summer Storm
https://www.youtube.com/watch?v=aNgoDEJn1mo https://www.youtube.com/watch?v=EreRlnM7TUw
Buyers Have Disappeared And Sellers Are Shocked
A report from the Tribune in California. "When will the San Luis Obispo County housing market return to normal? Housing prices have seen 'enormous growth' in the past couple of years, Cal Poly finance professor Ziemowit Bednarek said, increasing as…
Supply Is Increasing At The Wrong Time And It Cannot Be Absorbed
A report from the Coeur d’Alene Press in Idaho. "Jennifer Smock said she and her team at Windermere/Coeur d’Alene Realty are often asked the same questions these days: What’s going to happen with the housing market? While she said she…
No Protection From The Bloodbath
It's Friday desk clearing time for this blogger. "The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William Dudley.…
Another Bloodbath In The Housing Market
A report from Deseret News. "Real estate firms Redfin and Compass both announced significant layoffs Tuesday. 'To all the departing people who put your faith in Redfin, I’m sorry we can’t keep our commitment to you,' wrote Glenn Kelman, Redfin’s…
Now Anger Meets Fear
A report from the News & Observer. "Summer has warmed up in South Carolina, but the same can’t be said for its housing market. To some realtors, the higher interest rates and the higher sales prices themselves have begun to…
Most Get Into The Ponzi Scheme Knowing It Is A Bubble
A weekend topic starting with Go Local Prov. "In Rhode Island, GoLocal reported that in March that Santander Bank was expected to lay off nearly 200 employees. The layoffs by Santander are taking place across the globe. 'What’s behind banking…