Sellers Are Having A Tough Time Accepting The New Prices
https://www.youtube.com/watch?v=oPLqyctxYTA https://www.youtube.com/watch?v=PYBgPJj4cz4 https://www.youtube.com/watch?v=DTdAKJVLjbo https://www.youtube.com/watch?v=dEqskFfrr-A
The False Sense That Real Estate Is A Readily Liquid Asset
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…
Investor Mania Has Been Replaced By Investor Panic
A report from CNBC. "'It is definitely a hard landing for housing,' said one homebuilder in the Denver area. 'There's this cliff that's happening in January,' said Gene Myers, CEO of Thrive Homebuilders in the Denver area. He predicted that…
It Is Not The Time For Panic
https://www.youtube.com/watch?v=gKPpm-Xb7ew https://www.youtube.com/watch?v=N-qrDgNzj_0 https://www.youtube.com/watch?v=pJc8M3JK9vI https://www.youtube.com/watch?v=MZ0uR_7Qq-I https://www.youtube.com/watch?v=5cpT7Xu2jT8 https://www.youtube.com/watch?v=1b46gDCqBis https://www.youtube.com/watch?v=l2ZJRhyD4jQ https://www.youtube.com/watch?v=OdAFo36RYxE
Death By 1,000 Slashes
A report from Deseret News on Idaho. "'The sky is not falling,' said TJ Pierce, a real estate agent in Boise. 'Everybody knew it wasn’t going to last. It’s just a matter of how long.' Hop over to a more…
New Wave Of Price Drops?
https://www.youtube.com/watch?v=BuXOfLnkCUw https://www.youtube.com/watch?v=swC2DSDYeMo https://www.youtube.com/watch?v=c1Hktty9Yts https://www.youtube.com/watch?v=J8N5hBOUg-8 https://www.youtube.com/watch?v=dh2bFzDPhIc
An Experiment That Failed Around The World
A report from Austin Culture Map in Texas. "In June, the city's median home price reached $615,000, a record for the month of June, but a drop from the May 2022 median of $667,000. The report highlights a 218 percent…
No One’s Been Thinking About What Happens When Things Go Down
A report from Vice Magazine. "Brent Rogol, an agent in New York, was recently selling an apartment to a buyer who was heavily invested in tech stocks, which dropped dramatically in value over the course of negotiations. 'It really reduced…
What We Are Witnessing, We Will All Look Back At And Realize, Was The Slow Leak Of A Once Over-Inflated Real Estate Market Balloon
A report from the Times Leader in Pennsylvania. "'Home values in the region saw more growth from 2020 to 2021 than the entire previous decade,' said Jill Avery-Stoss, Director of Operations at The Institute for Public Policy and Economic Development.…
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…