Buyers Remorse And Cancelling Contracts Has Reached Epidemic Numbers
https://www.youtube.com/watch?v=HXLFdh80umI https://www.youtube.com/watch?v=_q73ZtosGDk https://www.youtube.com/watch?v=puAlVYclzF8 https://www.youtube.com/watch?v=IZsietlsuls
We Are Fighting For Fewer Customers, Everyone Is Competing To Be Cheaper
A report from the New York Post. "The median home listing price has plunged by more than 10% in Austin, Texas, since June, according to Realtor.com. That marked the steepest decline of any city in the US over that period.…
Not Only Are Bubbly Markets Shifting Fast, They Also Look Like Early-Inning Housing Busts
It's Friday desk clearing time for this blogger. "'We aren’t crashing; we’re leveling out,' said Becky Enrico-Crum, the president of Boise Regional Realtors. 'We’re just trying to find out what that level price is. That’s what everybody is trying to…
The Economy Is Now Like A Car That Has Lost Its Brakes
A report from CBS 8 in California. "'Sellers are getting a little spooked. They’d like to take their money off the table, take the risk off the table and as a buyer, if you can position yourself correctly you can…
Homes NOT SELLING!
https://www.youtube.com/watch?v=O6BTe3loeOI https://www.youtube.com/watch?v=9nIi6Y3ruBo https://www.youtube.com/watch?v=mVHuGbAbwv8 https://www.youtube.com/watch?v=4wWp_oI4crU https://www.youtube.com/watch?v=72MrQX-iBoM
The Final Meltdown Has Ceased To Be A Purely Intellectual Thought Experiment
A weekend topic starting with the Columbus Dispatch in Ohio. "The people behind the Issue 7 green-energy initiative on Tuesday's ballot have remained largely secretive. Two of their leaders have been mired in major personal financial problems that have dogged…
Awash In Price Cuts, Even Famously Successful Builders Are Seeing Red Ink
A weekend topic starting with CNBC. "The International Monetary Fund has raised concerns over commercial property and the risk it could pose to financial stability. Andrea Deghi, a financial sector expert at the IMF, explained that if a slew of…
Sellers Are Acquiescing Because Otherwise The Buyer Is Going To Walk Away
It's Friday desk clearing time for this blogger. "Nonbank financial firms spent years lobbying against tougher regulation and stricter capital requirements, arguing that their emerging dominance in mortgage lending didn’t pose a risk to the financial system. Now, many of…
Sellers May Have To Make Some Price Adjustments To Sell
A report from the Wall Street Journal. "The coronavirus has been sending shares of elder-care facilities into a tailspin over concern that any additional contagion in senior-care buildings could hurt operations and lead to occupancy declines. Shares of health-care real…
This Glut Of Real Estate Is Going To Have To Be Dealt With
A report from Bisnow. "A strong jobs report, the stock market performing at record highs and low interest rates continue to fuel U.S. commercial real estate’s prolonged growth cycle. But overall economic growth has fallen as the year progresses, raising…