Buyers Starting To Regret Purchasing Property in a HOT Real Estate Market
https://www.youtube.com/watch?v=SlNLidR_OKY
https://www.youtube.com/watch?v=SlNLidR_OKY
A report from the World Property Journal. "Based on a new report from Redfin, a fast-growing share of U.S. home-sellers are dropping their prices. 'The slowdown over the last two weeks has felt significant,' said Seattle-area Redfin real estate agent…
A weekend topic starting with Greenwich Time. "To much of the world, Greenwich is an enclave of the rich and powerful, the standard for Connecticut’s 'gold coast.' To satirists, it is a target for their humor. That was the case…
A report from Fox 5 New York. "It's news any seller would want to hear: offers on their home are pouring in, many above the asking price. 'The offers are coming in before the homes are even on the market,'…
It's Friday desk clearing time for this blogger. "So-called iBuyers purchased a total of 70,402 homes in 2021, more than doubling the number purchased in 2019, according to Zillow. The shopping spree led to Zillow’s implosion and a lot of…
A weekend topic starting with the Idaho Press. "The typical price for Idaho starter homes has increased almost 80% since 2019, from around $171,000 to $306,000 as of January 2022. The problem: Homes are where jobs sleep at night, as…
A report from the Sun Sentinel in Florida. "In the wee hours of Thursday morning, the folks who want a private 30-story condo built on a prized piece of taxpayer-owned beach in Hollywood went home without a deal. The project…
A report from Mortgage News Daily. "Locks are certainly not repeating 2021 levels for January, with initial anecdotal pipeline numbers down 30-40 percent. Are you reducing costs accordingly? When the residential lending market is good, owners think they’re the smartest…
A report from Buzzfeed. "Buying a home is not for the faint of heart. 21: 'Do your research on the neighborhood and street. Try to go to the home you plan on buying at different times during the day, and…
A report from Bloomberg. "No city exemplifies the mania of the Covid-era U.S. housing market better than Boise, Idaho. But in a sudden reversal, buyers are now the ones with power. Asking prices for houses are being slashed. Demand has…