Ugly Numbers On The Way
https://www.youtube.com/watch?v=8izVmvxxSLk https://www.youtube.com/watch?v=OWfqMd8VmXM
A Lot Of It Is Just Evidence Of Failed Speculative Activity
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
We Can’t Help But Ask The Question… What Happens Now?
https://www.youtube.com/watch?v=7DEqXKe58W8 https://www.youtube.com/watch?v=J19imlrGERY https://www.youtube.com/watch?v=6bExCByTdTQ https://www.youtube.com/watch?v=rS4r5yD2xQ4 https://www.youtube.com/watch?v=Sy6uSV_L5z8
We’re In The Middle Of A Housing Market Bust, So We’re Gonna Watch Prices Tumble
A report from Reuters. "A 'bull case' scenario for the shares of beleaguered First Republic Bank as it considers its options became more difficult on Wednesday after Treasury Secretary Janet Yellen said there is no discussion on insurance for all…
Avoid Being A Home Moaner
https://www.youtube.com/watch?v=YzuvloBoavM https://www.youtube.com/watch?v=aCZC5llXWSo https://www.youtube.com/watch?v=-pnCxGRNyGE
We Were Watching It Go Up And Up And Up And Up And Up And Up… And Then It Just Started Coming Down
A report from USA Today. "'Prices would not have fallen if the Federal Reserve did not raise interest rates so aggressively,' says National Association of Realtors’ Chief Economist Lawrence Yun. 'One casualty of the Fed’s policy, aside from the regional…
At The Beginning Of Another Downturn?
https://www.youtube.com/watch?v=iWg-m3Ycwaw https://www.youtube.com/watch?v=dqGS3CdQ_5M https://www.youtube.com/watch?v=vTF_RrhMaB4 https://www.youtube.com/watch?v=y9HE_PBm2x8 https://www.youtube.com/watch?v=SrjzrXd5SLk https://www.youtube.com/watch?v=M43GBGM9MxI
For 30 Years The Fed Has Merrily Fed Us Easy Money Policies, Then Expressed Shock – Shock! – That Those Policies Led To Disaster-After-Disaster
A report from the Seattle Times in Washington. "The failures of Silicon Valley Bank and Signature Bank have reverberated across Seattle’s housing market. Even as regulators rush to stabilize banks, some buyers may wonder if 'these are just sort of…
Prices Have Now Fallen From The Peak With Many Signs Pointing To Further Declines
https://www.youtube.com/watch?v=SjypnvY_bF0 https://www.youtube.com/watch?v=eBSvWwYcD8E
The Most Reckless Monetary And Fiscal Experiment In History
A report from NBC News. "Silicon Valley Bank is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the distressed bank to protect deposits, naming the Federal Deposit Insurance Corporation…