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
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
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…
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%…
https://www.youtube.com/watch?v=WX0FeBkNxP0 https://www.youtube.com/watch?v=PGalOYTrlM4 https://www.youtube.com/watch?v=26NF70lRkZE https://www.youtube.com/watch?v=j2Uf-kSJ_rA https://www.youtube.com/watch?v=W7BoFsKAgac https://www.youtube.com/watch?v=PFgknpd2Lio
A weekend topic starting with Fortune. "In 2005, Fed Chair Alan Greenspan told Congress that a 'bubble in home prices for the nation as a whole does not appear likely.' Of course, not only had a housing bubble formed, it…
A report from the Colorado Springs Gazette. "Sellers are slashing asking asking prices on hundreds of homes for sale in neighborhoods throughout the Pikes Peak region. Price reductions of thousands and even tens of thousands of dollars are common, Realtor.com's…
https://www.youtube.com/watch?v=lSLRIuphN-k https://www.youtube.com/watch?v=irkMs_F54jc https://www.youtube.com/watch?v=hq6RHygBN9I https://www.youtube.com/watch?v=39E1lFa5z4E https://www.youtube.com/watch?v=BUPb8k2xExo https://www.youtube.com/watch?v=4CMEHmusN1I
A report from Politico. "Lobbyists are scrambling to get help from Washington to goose the housing market as demand tanks in response to rising interest rates and high prices. 'Next year is going to be chaos,' said National Housing Conference…
It's Friday desk clearing time for this blogger. "Whenever the housing market slows significantly, layoffs in the mortgage industry follow. And that’s what happened Tuesday at Radian Group Inc., a Wayne firm that sells mortgage insurance and provides other services…
A report from NPR. "The housing market has already slowed to a crawl, as mortgage rates top 7% for the first time in two decades. Kansas City homebuilder Shawn Woods said his company has gone from selling a dozen houses…