The Housing Bubble Blog

August (20)

• 22 It’s Tempting To Shoot High, But That Often Backfires
• 21 Any Slim Hope Of A Buyer’s Market Starting Would Be Hamstrung By The Fact There Aren’t Any Buyers
• 20 In 2020, You Didn't Even Have To Vacuum, And Your House Would Sell For $50,000 Over Price
• 19 People Are Calling Us Greedy Investors And Saying We Deserve To Suffer Like This
• 18 Unfamiliar Pangs Of Withdrawal After Having The Needle Of Untaxed Capital Gains Partially Removed From Its Arm
• 17 If You Want To Get Things Going, The Core Of What’s Wrong Is The Housing Market Is Going Down, Not Up
• 16 It Didn’t Last Because It Couldn’t Last
• 15 Sellers Have This Phantom Value Of Their Home That Was Yesterday’s Value And Not Today’s
• 14 Vendors Who Purchased Properties In The Strong Seller’s Market Are Struggling To Understand That Their Pricing Expectations Cannot Be Met
• 13 Sellers Seem To Want Last Year’s Prices And Buyers Want Next Year’s Prices
• 12 I Can't Sell It, So I Can't Win
• 11 Many Sellers Are Afraid To Continue To Wait, And They’re Afraid They May Be Exposed To Even More Egregious Market Conditions
• 09 People Were Thinking This Was Just A Little Blip, But Now They Realize There’s No End In Sight
• 08 You’re Now Looking At A Mega Loss
• 07 A Shift From Aspirational Pricing Toward Market Reality
• 06 Those Aren't Unreasonable Anymore, And They're Almost Becoming Expected By Sellers
• 05 Token Price Reductions Just Won’t Cut It
• 04 The Key Is To Ask The Sellers In Your Offer And Don’t Be Afraid To Push On Negotiations
• 03 Prices Going Up Because People Believe They Will Keep Going Up Is The Definition Of A Bubble
• 02 It’s Just Like In 2008 When The Market Tanked

July (32)

• 31 It’s Hugely Advantageous For Buyers Because They’re Getting Everything They Ask For
• 30 Driven By Hype, Hoarding, And Black Money
• 29 Buyers Are Taking Their Sweet Time And Being A Lot More Selective, As They Enjoy A Lot More Choice
• 28 We’re Trying To Make A Silk Purse Out Of A Sow’s Ear
• 27 To Compensate, The Arsonist Played Fireman
• 26 Don’t Be Afraid To Lowball
• 25 The Word Shortage Is Just Not Talked About Anymore
• 24 There Are Absolutely Some Still Hoping For 2021
• 23 Builders Have No Choice But To Meet This Demand By Bringing Down Their Prices
• 22 This Isn’t A Red-Hot Seller’s Market Or A Buyer’s Free-For-All, It’s A Transitional Season
• 21 Then, You Could Charge Whatever You Wanted, And Somebody Would Buy It Within A Day
• 20 It's Not A Retirement Savings Plan Anymore
• 19 The Absorption Rate Is Going Down, Down, Down
• 18 Some Sellers Are Finally Coming To Terms With The Fact That 2021 Pricing Isn’t Coming Back Anytime Soon
• 17 People Are Bitter – Especially If Their Retirement Depended On It
• 16 So They Walk Away And They Say, We’re Done, See You Later, Goodbye And Good Luck Suing Me
• 15 There Was This Belief The Market Would Only Go One Way
• 14 If It Doesn't Check 9 Or 10 Out Of Their Boxes, Then They Won't Pull The Trigger
• 13 We Had To Price It Ahead Of The Market, Not What Things Had Previously Sold For
• 12 If Their Home Is Not Selling At The Current Price, Then It Was Never Worth That In The First Place
• 11 Nobody Wants To Sell For A Loss Like That
• 10 They’re Listening – They’re Pro-active, They’re Trying To Mitigate Their Loss
• 09 Make Offers, Even If They’re Insultingly Low
• 08 There’s A Simple Explanation For The Stall: House Prices Were At Near-Historic Highs When Interest Rates Started To Rise
• 07 One Seller Won’t Negotiate? Fine, Go To The Next Seller
• 06 The Only Thing We Learn From History Is That We Learn Nothing From History
• 05 We Have Sellers That Are Lost And Don’t Understand Why Their House Isn’t Selling
• 04 They Feel Like, Even If They Don’t Get One House, It’s OK, Because Another Is Coming
• 03 No Way Out!
• 03 Sellers Who Are Serious Need To Align With Today’s Market—Hope Is Not A Strategy
• 02 Lots Of Choice And Thousands Of Motivated Sellers Who Are Ready And Willing To Make A Deal
• 01 Are You Going To Pay It Or Not?

June (30)

• 30 Some Homes Are Not Selling On The First Day As We Experienced In Preceding Years
• 29 Every Two Weeks They’re Lowering The Price, The Only Thing You Reach With That Is The Buyers Saying 'Oh I Wonder How Low They Will Go'
• 28 For Most Realtors That I Talked To, We’re All Like … Where Have All The Buyers Gone?
• 27 It’s Not Rocket Science: Too Much Supply, Not Enough Buyers, And Poor Affordability
• 26 This Is Absolutely A Market Where Price Matters And Time Kills
• 25 Today’s Dream Is To Make The Next Mortgage Payment Without Having To Borrow It
• 24 We Can No Longer Blame Supply
• 23 If You’re In A Position You Have To Sell, You Have To Take What You Can Get
• 22 Investing In Properties Is What We All Do Up Here
• 21 Sellers Know That Things Have Changed, But They Are Also Looking Back With One Eye
• 20 You Don’t Know How Far Down Things Will Drop, So Sometimes It’s A Race To The Bottom
• 19 We’ve Been Telling Sellers For Years And Years That It’s A Great Time To Sell, Maybe They Finally Listened
• 18 Feel Free To Toss A Lowball
• 17 Maybe I Missed My Opportunity To Sell
• 16 I Have An Asset But If It's Unsellable And Unaffordable It's Not An Asset
• 15 People Are Putting Their Houses On The Market And Just Can’t Sell Them - The Houses Are Lying Empty
• 14 Demand Is In The Gutter And Some People Just Desperately Need To Sell
• 13 Unless I Want To Take A Loss I Am Stuck
• 12 It’s A Tough Conversation To Convince Them That Their $10-million Investment Is Worth Zero
• 11 There Are No Buyers, And It Makes Sense To Me
• 10 Am I Going To Be Able To Afford The Four Homes That I Bought And The Three Kids In The Private School?
• 09 When Buyers See Dozens Of Other People Buying, They Feel Safe And They Feel Validated
• 08 More Investors Want To Sell What They Already Have
• 07 People Don’t Have The Benefit Of The Value Of Their Home Going Up To Try To Get Out
• 06 They Spent Quite A Bit Of Money When They Bought It And They’re Desperate
• 05 They Built The Wrong Type Of Stuff, And They Can’t Move It, People Are Walking Away All Over The Place
• 04 Sellers Do Recognize It’s A Different Time, You Have To Show Buyers You’re Motivated
• 03 Today’s Buyers Just Can’t Afford Yesterday’s Price
• 02 Sellers Who May Have Bought At The Top Of The Market And Need To Sell, Are Willing To Accept Less Money
• 01 We’re Seeing Price Reductions Across The Board Because Buyers Just Don’t See The Value

May (30)

• 31 Investors Are Not Going To Get Even Close To What The Top Of The Market Was
• 30 You’re Going To Burn Your House
• 29 My Whole Investment Is Being Threatened, I Am Terrified
• 28 Usually A Price Drop Is $10, $20, $30,000, But $130,000 $200,000 Drops, That’s Huge
• 27 The People Who Were Buying These Types Of Properties Were Investors, And We Don’t Have These Investors Anymore
• 26 It's More Of A 'Oh S…, We Couldn't Sell It' Thing
• 25 People Won’t Pay Yesterday’s Prices
• 24 Forget FOMO, The New Fear Is The Fear Of Not Selling At All
• 23 A Buyers’ Market Has Formed As Sharply Lower Sales Have Run Into A Wall Of Supply
• 22 Let Me Know When The Price Drops
• 21 We’re Seeing The Price Difference From Anyone That Had Bought In The Highs Of 2022
• 20 What If I Buy A Home Now And The Home Value Goes Down?
• 19 You Just Need To Take The Loss If You’re Selling And Move On
• 18 We Are Building Houses As Financial Assets
• 17 There Was A Basic Belief That Prices Could Go Up Forever, Now All The Chickens Have Come Home To Roost
• 16 All You Can Do Is Keep Reducing The Price Until It Moves, And That's What The Value Is
• 15 Sometimes The Seller Just Goes, ‘No, I’m Not Responding; This Is Way Too Low'
• 14 People Will No Longer Pay Whatever It Takes
• 13 It’s Like This Cascading Waterfall Of Bad News
• 12 Some People Were Spending A Million Dollars Over Asking, People Just Wanted In
• 11 They Definitely Do Not Have A Sense Of Urgency Right Now, And Nor Should They
• 10 That 'For Sure' Feeling Hasn’t Come Yet
• 09 It’s Almost Like Buyers Are Not Jumping In With Both Feet Because They Have A Lot To Look At
• 08 You’ve Got To Come Out At A Price That’s Too-Good-To-Be-True To Get Some Traction
• 07 A Buyer Might See A Home They Like And Then Have An Opportunity To Tour Five Or Ten More Just Like It
• 06 For Those Who Must Sell, Doing So Sooner May Help Preserve Equity
• 04 We Are Never Getting Yesterday Back
• 03 So What Changed In 2007-08?
• 02 It Was Dangerous, It Was Unsustainable, I Knew What Goes Up Must Come Down
• 01 I’ve Lost So Much Money, I Don’t Know What I’m Doing, This Was Supposed To Be A Safe Investment, What Went Wrong?

April (30)

• 30 They Didn’t Lose Money Because However Much Money They Could Have Made In The Past Is Hypothetical Money
• 29 In A Buyer's Market, Expect Cheeky Offers
• 28 Buyers Are Really In The Driver’s Seat
• 27 You Need To Change Your Attitude, You Need To Come Across As The Most Desperate Seller In The Market
• 26 The Story Is All About The Missing Investor – A Key Player In The Housing Market, And They’ve Run For The Exits
• 25 Buyers Are Trying To Steal Places
• 24 Unfortunately For Sellers, The Movement Is Slow And Steady In The Wrong Direction
• 23 This Is Just A Situation Where Some Debt Happened
• 22 It’s Turned Out To Be A Financial Disaster For Us, The Market Cratered
• 21 There Are A Bunch Of People Who Tried Selling And Didn’t Succeed, They Took The Home Off The Market And They Are Trying Again
• 20 This Ain't No American Dream, This Is An American Nightmare
• 19 High-Priced Houses Do Not Create Wealth; They Redistribute It
• 18 Buyers Are Lowballing, They Know They Have A Lot Of Leverage
• 17 Who Is Going To Pay The Mortgage?
• 16 Oh, Yeah, Why Would Houses Not Always Go Up By 10 Percent A Year?
• 15 If A Buyer Misses Out On A Property, They Can Easily Find A Similar One For Sale
• 14 What Used To Be A Nice-To-Have Is All Of A Sudden Becoming Must-Haves
• 13 We Haven’t Had A Bubble Like This Since The Bubble Prior To The 2008-2009 Market Collapse
• 12 There Are A Number Of Areas Where The Current Supply Isn’t Being Absorbed By The Current Market
• 11 If You’re Not Buying In The Same Market, Then It’s Tough To Swallow
• 10 If There’s A Specific Number You Need, Don’t Test The Market
• 09 We Are Still Doing The Wile E. Coyote Thing Where We’re Walking On Air And Holding Up A ‘Help Me’ Sign
• 08 You Don’t Have To Walk Very Far These Days To See A For Sale Sign
• 07 It’s A Very Good Lesson For People To Not Be Swayed By Friends And Think They Can Get More For A House
• 06 We’re Seeing A Disconnect As Sellers Remain Hesitant To Lower Their Prices Beyond A Certain Threshold
• 05 Everything We’re Looking At Is $100,000 Less Than It Was Last Year
• 04 Some People Get Away With Stuff For A Long Time And As A Result They Begin To Believe That’s Actually The Way The World Works
• 03 We Weren’t Insulted, But We Certainly Were Not Going To Give The Property Away
• 02 Who's Going To Blink First - Are Those Sellers Going To Capitulate To What The Market Is Actually Willing To Offer?
• 01 I Want To Punch A Wall, But There Are No Walls

March (31)

• 31 We’ve Become A Community Of Busboys And Billionaires, They’re Selling $25 Sandwiches
• 30 This Isn’t A Safety Net — It’s A Moral Hazard Factory
• 29 If You Are Planning On Selling Be Aware That Prices Have Already Peaked, And We Are On Our Way Back Down
• 28 I Was Chasing The Market Down
• 27 It’s Not Easy To Lose $200,000 Or $500,000, But They Have To Come To Terms With The Loss
• 26 These Days, Many Of Those Pandemic-Era Investors Are Dining On A Large Dish Of Reality
• 25 Maybe Next Month, I’ll Find Something Even Better
• 24 They’re Under Financial Pressure To Sell In A Down Market
• 23 Even Housing Designated As Affordable Is Out Of Reach For Many People, Yet Developers Say They Lose Money Building Them
• 22 I'm Struggling With The House, I Need To Sell The Property; I Can't Manage
• 21 I Give Up, I Want Out Of It, I’ve Had Enough And I Can’t Do This Anymore
• 20 Buyers Who Overpaid Wildly In Bidding Wars Must Face The Music
• 19 Those Paying Exorbitant Prices Now Will Be Bag Holders
• 18 The Spring Housing Market Is Dead On Arrival
• 17 It's All The Stages Of Grief — Anger, Resentment, Denial — Everything
• 16 If You Really Want To Sell This Property, You're Gonna Accept A Lower Price
• 15 These Guys Are Sharks, They Are Going To Make A Fortune
• 14 I Almost Feel Helpless, There's No Showing, There's No Offers
• 13 That Sweetener Is Now Triggering Diabetes For Many
• 12 The Third Guy Will Make Money, There Has To Be Bloodshed
• 11 They're All In, And They Can't Pay Any Bills
• 10 I Was About To Lose My Home And Everything, And It Was Like Nobody Cared
• 09 Perhaps The Values Being Paid Were Well Above True Value, Driven More By FOMO And A Desire To Get Into The Market At All Costs
• 08 If You’ve Got A Number In Your Head, You’ve Got To Get That Number Out Of Your Head And Focus On What’s Selling
• 07 When It Comes To Housing Prices, The Principle Of What Goes Up Must Come Down Historically Applies
• 06 The Problem Is That Nobody Wants To Buy Them, So That Inventory Is Almost Useless For Us
• 05 This House Was Supposed To Be My Dream Home, Now I Just Feel Like I'm Living In A Nightmare
• 04 Real Estate Has Been In A Bubble For Some Time Now, But No Realtor Will Tell You That
• 03 In The Blink Of An Eye, Profitable Deals Turned Into Loss-Making Trades
• 02 Now It All Feels Like A Fever Dream, And The Current Market Is More Like A Nightmare For Those Who Made Snap Decisions Five Years Ago
• 01 For A Long Time, The Market Was So Hot And Easy To Sell With A Significant Amount Of Profit That People Thought That Train Was Going To Continue To Roll Along

February (28)

• 28 The Crux Of The Issue Is The Misalignment Between Buyer Expectations And The Current Pricing
• 27 Oh My God, I Have To Sell A Product To Someone Who’s Actually Going To Live In It?
• 26 Am I Poor Now?
• 25 There Was A Whole Group That Thought, Trees Do Go To The Sky And Rates Will Always Be Low
• 24 They Will Look For A Seller That Has Their Home Looking Like A Cream Puff With A Reasonably Compelling Price Point
• 23 The Frenzy We Saw A Few years Ago Is Over, It Doesn’t Exist Anymore
• 22 Despite A Further Rate Cut, Excessive Inventory And Falling Prices, New Home Buyers Are Nowhere To Be Found
• 21 The Beauty Contest And A Price War
• 20 It’s Going To Cost People Their Homes, And Their Life Savings For Some Of Them
• 19 Oh God Again, Oh God It’s Happening Again, How Far Can This Go?
• 18 My Home Is Completely Gone, We Have Absolutely Nothing Left, I’m So Screwed
• 17 It Is A Case Of Make An Offer
• 16 They Tell Us No One Saw The Train Coming, So If Everyone Was Blind, No One Was Blind
• 15 People Were Making Decisions Very Quickly, So They’re The Ones That Are Likely To Feel That Financial Pressure
• 14 It’s Important For A Seller To Understand They Must Not Chase The Market With A Higher Price Right Now
• 13 The Sellers Are There, But The Buyers Are On The Sidelines
• 12 Sellers Have To Be A little More Realistic And Take A Lower Price Than What They Are Asking
• 11 Those Clinging To Past Market Values Tend To Linger On The Market And Risk Going Stale
• 10 It Comes Down To Simple Math, By Walking Away I Am Saving Money
• 09 In 2024 We Saw A Lot More Concessions And Price Cuts
• 08 A Lot Of People Are Selling And Unfortunately We’re Not Having Enough Buyers
• 07 They Knew They Might Take A Hit, Because It’s Never A Guarantee If You Buy Something, You Can Sell It Right Away
• 06 You Better Sell Now Before It Gets Worse
• 05 You Can't Bet The House On It Any More, Anyone Who's Doing That Has Probably Lost Money By Now
• 04 Some Correction In The Market Is Being Seen With Some Owners Offering Pasalo Sale
• 03 Some Investors Have Lost Their Entire Retirement Savings, It’s Heartbreaking
• 02 We Borrowed The Most Against Those Assets, So Of Course Those Assets Are More Expensive
• 01 If They’re Both Deflated, Then It’s Not A Big Loss

January (32)

• 31 You Realize You’re In A Situation Where The Equity’s Not There
• 30 There Can Be Several Reasons Behind A Price Reduction
• 29 The Ones Who Have To Sell Are At The Mercy Of The Marketplace
• 28 The Days Of Dizzying Price Highs Are Firmly Behind Us
• 27 The Seller Understood: If We Wanted To Sell, We’d Need To Adjust Our Price
• 26 Think Carefully And Calculate Wisely, Don’t Be Like Me
• 25 When You Present The Comps To A Seller, It Feels Like A Cold Splash Of Water
• 24 If You’re Not Hitting It Right, Then You Have To Adjust, Not Everybody Wants To Hear It
• 23 There's No Light At The End Of The Tunnel, You Can't Sell The Houses Either, So We're Stuck Here
• 22 Homeowners Are The Ones Who Get Taken To The Cleaners
• 21 The Market Sees Them As Overpriced, So They Sit There Until The Owners Are Willing To Reduce The Price
• 20 These Premium Locations Are Now Seeing The Deepest Falls
• 19 The Aberration In Human History Might Have Been The Period Between The Global Financial Crisis And The Pandemic
• 18 It Doesn’t Matter What The Home Was Worth Market Value
• 17 The Days Of Making A Quick Buck From Speculative Property Purchases Have Gone
• 16 There's People Going On Foreclosures Already And Homes Are Not Selling And If They Are Selling, They're Selling Very Cheap
• 15 The Dubious Bounty Of An Out-Of-Control Real Estate Market That Finally, And Predictably, Capsized
• 14 Demand Is Not Growing, It May Be Even Shrinking A Little Bit, But We Have All These Finished Units Out There
• 13 I Don’t Have The Money, I Can’t Live In The House, It’s Just A Horrible Situation
• 12 You Can’t Refinance And You Can’t Consolidate Because The Home Is Worth Less Than You Paid
• 11 There’s No One Here To Buy
• 10 They Need $4-Million To Get Out And They’re Not Worth $4-million
• 09 The Investors Were Apparently Attracted To Potential Profits Through High-Interest, High-Risk Lending Schemes That Ultimately Were Unsuccessful
• 08 This Has Crippled Me, And I Know I Can Speak For Dozens Of Owners Who Are Just At A Complete And Utter Loss
• 07 It Has Built Too Much, And Relied Too Much On Debt To Do That
• 06 Every Month, There Are More Listings Than The Last
• 05 You’d Wake Up At Night And Suddenly It Would Hit You, You Had Lost This Money
• 04 Those Expectations Can't Be There Anymore, The Market Has Come Back Down To Earth
• 03 Homes That Once Sparked Bidding Wars Now Struggle To Attract Attention
• 02 As Soon As We Gave Him The Money, It Became One Nightmare After Another
• 01 Bottom Line: Buying The Home Was A Disaster
• 01 HBB 20th Anniversary And New Year Predictions

December (29)

• 31 The Year Had Begun With Optimism, Transitioned To Pessimism And Ended With A Level Of Acceptance
• 29 Some Owners Figure They're Putting Money In That They Will Never See
• 28 Talk About Screwing A Homeowner
• 27 More And More Owners Are Willing To Take Less And Less Because They Just Need To Get Out
• 26 This Kind Of Stuff Can Ruin People
• 25 What We've Gotten Out Of It Is A Run-Up In Housing Prices
• 24 A Time When Homeownership Was Depicted In Popular Culture As A Smart Bet Or A Painful Mistake
• 23 They Were Getting Easy Credit To Build So They Built, Then The Bottom Fell
• 22 Maybe Desperation, Maybe Bad Management And Maybe Disbelief
• 21 Get Rich Quick Equals Lose Money Fast
• 20 Before, People Would Pay Anything, But Now That Bubble Is Gone
• 19 The Outlook Is Horrendous, We've Paid A Fortune For This House
• 18 Real Estate Websites Have Built Their Business Models At The Expense Of Homeowners By Showing Negative Insights On Their Listings
• 17 If You're Going To Sell, Sell Now!
• 16 Investing Looked Like A Slot Machine That Always Paid Off, Until It Didn't
• 15 It’s Almost Like Black Friday
• 14 Anyone Else Notice This Exact Same Story (With Slight Variations) Is Occurring With Seemingly Every County In The World Right Now?
• 13 A Sudden Feeling Of Remorse Has Fallen Over Me
• 12 Usually It’s Somebody Who Already Made Money And Wanted To Do It Again, They Are Sitting On Catastrophic Losses
• 11 The Housing Market Has Risks; Buy With Caution
• 10 There Is A Lot Of Buyer Regret Right Now
• 09 I Guarantee The Value Of Our Property Has Easily Halved
• 08 Now You Have A Situation Where Investors Are Fleeing
• 07 Inflation Is Not A Glitch In The Fed’s Manipulation Of Our Economy; It’s A Critical Feature, As Is Keeping You As Far In Debt As Possible
• 06 It May Already Be Too Late For Some Of Us Who – Sincerely, But Foolishly – Believed In The Dream
• 05 If You Can Sell Now, Sell Now
• 03 So Many Owners Are Still Trying To Sell Like It’s … 2021
• 02 The Days Of Buying For Financial Gain Are Gone
• 01 I’m Assuming It Was A Situation Where They Had To Sell, It Was Just Bad Timing

November (30)

• 30 People Are Obviously Open To The Idea That We Need To Throw The Bastards Out
• 29 A Bold Strategy For Sellers Struggling To Move Properties
• 28 They’re Sitting Around On The Market And Prices Are Dropping
• 27 I Was Willing To Sacrifice Unnecessary Purchases To Own A House, But What Have I Gained?
• 26 You Can Buy A Château For Nothing, Because Nobody Wants Them!
• 25 It's All About Selling And Buying In The Market You're In, Not An Imaginary Or A Fictional Market That You Want It To Be
• 24 In This Market, You Get Killed When You Start Too High
• 23 Sooner Or Later, This Bubble Is Going To Burst
• 22 The Influx Of Buyers Is Drying Up, And So Is The Big Money They Were Throwing Around
• 21 People Bought Investment Properties When Interest Rates Were So Cheap And They’ve Had To Let Properties Go
• 20 I Don’t Know How We’re Going To Get Rid Of It
• 19 If Investors Bought At The Peak Of The Market, They Haven’t Been Able To Recoup It
• 18 When You Look At What People Paid For Things In 2020, 2021, It’s Often You’ll Say: Oh Well That’s What It’s Worth Now
• 17 It Is Crickets, Buyers Have Checked Out, Nothing Happening
• 16 Creating Serial Speculative Booms To Sustain The Illusion Of Prosperity
• 15 The Sellers Bought At The Absolute Peak Of The Market
• 14 My Clients Were Hoping To Get More Money, But They Realized It Wasn’t Going To Happen
• 13 If You Lower The Price Enough, There Will Be Buyers
• 12 Hopefully A Turn In Fortunes Is Around The Corner Where Investors And Owners Can Offload Underperforming Assets
• 11 Investors Who Bought In Pre-Sales Are Finding The Units Are Worth Less Than They Paid
• 10 If This Was 2017, The House Would Be Sold By Now
• 09 Often If The Vendor Isn’t Playing Ball, Buyers Will Move On To The Next
• 08 Maybe You Shouldn’t Have Borrowed So Much In The First Place … Tisk Tisk, So Foolish
• 07 We’re Waiting For The Shoe To Drop, And It’s Just Not Dropping
• 06 Da Meddel Fanger!
• 05 It Can Be Like Catching A Falling Knife
• 04 Most Central Bankers Were Convinced They'd Beaten Inflation, They Shouldn't Have Been
• 03 At A Time When More People Have Been Confident About Selling Their Homes, Buyers Have Really Had Enough Of High Prices
• 02 Sellers In Some Towns Are About To Give Buyers A Windfall Chance At Low Prices
• 01 You Feel Defeated, And I've Done Nothing Wrong

October (31)

• 31 It’s No Good Having A High Price If No One’s Going To Pay It
• 30 The Investment Community Thought The Real Estate Would Never Become Obsolete, It Ended Up Being Wrong
• 29 Buyers Are Looking For A Good Deal, And They’re Willing To Wait Until Sellers Figure That Out
• 28 I Wonder If It Was A Good Investment, I Don’t Think I Could Get What I Paid For It Now
• 27 It Has Just Been A Nightmare, I Just Want To Put It Behind Me
• 26 Ushering In An Era Of Neoliberal Feudalism Under A New Class Of Finance Aristocrats
• 25 The Biggest Investment In Our Life Is Now Worth Nothing
• 24 It's Like I'm On A Freefalling Plane And When Are We Going To Crash?
• 23 They Can Reduce Their Price, But There Is No Guarantee They Can Get An Offer Because There Are No Buyers Looking
• 22 It's Still A Barren Land, So Where Did All The Money Go?
• 21 Now That There’s Not A Ton Of Bookings, They’re Like Well, Wait, I Don’t Want To Pay That
• 20 Many Of These Listings Were Repriced And Relisted As Sellers Become Increasingly Motivated To Attract Buyers
• 19 A Residential Portfolio Investment As A Quick And Easy Way To Make Money… The Foundations Of That Will Have Been Shaken
• 18 I’m Going To Take My Losses Now And Get Out With Whatever I Can
• 17 Prices Have Been Dropping As Sellers Are Forced To Compete With The Glut Of Other Listings
• 16 Sellers Are Realizing It Is Not 2020 Or 2021 Anymore
• 15 From Buydowns, Buydowns, Buydowns To OK—Wait A Second Here
• 14 When It Goes South, It Goes South Hard
• 13 Everyone Wins And No One Gets Hurt
• 12 Sellers Need To Cut Out Wishful Thinking And Get Realistic
• 11 A Lot Of Sellers Are Still Expecting 2021 Prices
• 10 Sorry, Keep My Deposit, Seek Legal Action
• 09 There May Still Be Some Disconnect Between Buyers' And Sellers' Expectations
• 08 I’d Say, Let’s Sell This Pig, All We’re Doing Is Throwing Money Down The Drain
• 07 A Combination Of High Prices, High Mortgage Rates And High Insurance Has Just Totally Collapsed The Market
• 06 They’re Left Stuck – And There Is Nothing They Can Do
• 05 All Of Our Money Is Tied Up In This Albatross
• 04 We Went From Next To No Listings To A Flood Of Listings
• 03 The Buyers Are Trying – Let’s See How Desperate They Are
• 02 Experiencing The Money Pit In Real Life
• 01 There Are A Lot Of Stressed Homeowners And Investors That Are Trying To Offload Their Properties

September (30)

• 30 When You Buy A Home, You Don't Expect To Lose Half Your Money When You Leave
• 29 Before Long, The Party Was Over
• 28 They’re Thinking About How Much Money They Can Make Off Of It
• 27 It’s Putting A Lot Of These Investors Potentially In A Difficult Situation Where They Were Forced To Close, And Now They’re Trying To Sell
• 26 It Was A Pipe Dream And It’s Cost Us All
• 25 We've Invested In Paradise And Found That Paradise Has Got Some Problems
• 24 Throwing Good Money After Bad
• 23 People Who Are Not Pricing Right Are Finding It Out Fairly Quickly
• 22 There Are Still Lots Of Dreamers Until They Figure It Out When It Doesn’t Sell
• 21 The Crisis Offered Life-Saving Lessons, Including That Arrogance Always Kills
• 20 The Only Way You’re Going To Entice Them On The Dance Floor Is Your Price
• 19 Nobody Wants To Buy Right Before A Sale
• 18 Disappointment, Discouragement And A Sense Of Failure Among Trapped Buyers
• 17 There’s Not The Pressure To Make A Quick, Irrational Decision
• 16 You Can’t Polish A Turd But You Can Put Glitter On It
• 15 That Building Bonanza Helped Bring Costs Back Down To Earth
• 14 It’s Price Cut After Price Cut After Price Cut, And Everyone’s Competing On Who Can Cut The Price Faster
• 13 They Got Into The Market At The Peak And Prices Have Now Cooled Off
• 12 People Who Purchased As Investors Are Really Disappointed With What They Paid
• 11 The House Is Just A Series Of Unfortunate Events
• 10 This Sounds Like A Diabolical Financial Position To Be In
• 09 Since The COVID Real Estate Bubble Burst The Market Has Been On A Downward Slide
• 08 The Dollars And Cents Aren’t Necessarily There For A Lot Of Investors Right Now
• 07 They’re In Too Far Over Their Head And It’s Getting Flushed Out
• 06 The Market Was Booming At That Time, There Might Have Been Some Slightly Irrational Prices Being Paid
• 05 For Sellers, If They Don’t Price It Right, They Will Get Shredded In This Market
• 04 It Was My Dream To Have A House, But It's Been A Nightmare
• 03 Their Real Estate Profits May Be Gone Baby Gone
• 02 A Lot Of Sellers Won’t Budge On Their Prices, So They Don’t Sell
• 01 It’s All About Money, Money, Money

August (30)

• 31 The Prices Haven’t Really Come Down, Except For When Houses Are On The Market For Months
• 30 Someone Will Do A Price Drop, It Might As Well Be You, So You Can Steal The Buyer And Get Off The Market
• 29 The American Dream, Now Turned Unexpected Nightmare
• 28 How Can A City Where People Can Afford Such Riches Also Be A City That Lets Human Beings Live Like This?
• 27 There Are A Ton Of Properties On The Market … And You Will Get A Deal
• 26 People's Life Savings Have Gone Into Them, And They'll All Have Whopping Big Mortgages
• 25 Speculators Frequently Lose Money, As Do Banks Careless Enough To Loan It To Them
• 24 They're Trying To Not Only Save Themselves But Hit The Jackpot, Sometimes That Doesn’t Work
• 23 We Feel Like Fools, This Is Just Killing Us
• 22 The Only People That Are Suffering Are People Who Have Invested Their Money Into These Properties, And They Are Now Worthless
• 21 People Are Saying, Wait A Minute, Do I Want To Do This?
• 20 No Buyer Wants To Take The Risk Of Walking Into A Black Hole In Space
• 19 Anything Was Selling Before And It Was Selling Instantaneously, Now Those Aren’t Really Selling
• 18 Buyers Are Making Offers Well Below The Asking Price, And Those Offers Are Getting Accepted
• 17 We Are Seeing An Unraveling Of That Bubble
• 16 Investors Have Largely Disappeared, And On Top Of That, We Have A Lot Of Investors Selling
• 15 I'm Essentially Stuck In A Loan That I Can't Get Out Of
• 14 I Have No Money In My Account Now, I'm Struggling
• 12 We’re Preparing Sellers, Telling Them People Are Starting Low With Offers And Not To Be Offended
• 11 We Lost The Market And Then We Were Chasing It Down
• 10 A Ponzi Scheme That Falls Apart When Prices Aren’t Increasing Rapidly
• 09 If We’re Going After Prices Of Previous Markets, We’re Stuck
• 08 I'm Not Going To Give You This Money…Your Money's Gone
• 07 I Just Bought Myself A Nightmare
• 06 We're Seeing People Who Are Living Off Packets Of Two-Minute Noodles For Their Family To Get By
• 05 It Was A Dream That's Subsequently Turned Into A Nightmare
• 04 If You Are A Buyer Right Now, The World Is Your Oyster
• 03 It's Not Surprising At All To See Vendors Having To Give Some Ground To Secure A Sale
• 02 You Can Probably Put In A Cheeky Offer And It Might Get Accepted Because It Is A Buyer's Market
• 01 Buyers Have The Power Right Now And They Know It

July (29)

• 31 Like So Many Other Investors, It Would Be Difficult To Mentally Reconcile This Kind Of Loss
• 30 Their Dreams Have Been Shattered, Leaving Them With A Substantial Financial Loss And A Profound Sense Of Betrayal
• 29 Because Of Way Too Many Listings For Buyers Out There, They Can Make Lower Offers
• 28 Akin To A Pyramid Scheme: It All Works Until It Doesn’t
• 27 An Extreme Hot Streak Of Price Growth That Could Not Be Maintained
• 26 What We’re Dealing With, If We’re Lucky, Is Half A Dozen Buyers For Over 120 Properties
• 25 It’s Frustrating For Sellers Right Now Because They Look Around And Say, What’s Wrong With Me?
• 24 If You’re A Buyer, Why Would You Jump In When The Meteor Hits The Earth?
• 23 Something Just Fell Off A Cliff
• 22 There Are Lot Of People Who Don't Want To Take The Risk Because The Market Is Turning
• 21 People Were Buying Properties At Outrageous Prices And Now They're Having To Take A Major Hit On The Price
• 20 Price Reductions Are The Norm As Sellers Try To Navigate What It Will Take To Sell
• 19 We’re Left As The Homeowners Pulling The Bag
• 18 People Understand You Have To Start Competitively – Otherwise You End Up Sitting Or Chasing The Market Down
• 17 It Seems Like Nobody Has Really Adjusted Their Expectations To A Market In Which They Aren't Going To Make A Profit
• 16 It’s A Painful Lesson
• 15 Will Prices Come Down Further?
• 13 Really, You’re Blinded By Greed, And That’s The Embarrassing Part
• 12 They Were Designed For Flipping, Now Many Speculators Are In A Bind
• 11 It Has Been Busy In Terms Of People Who Want To list Their Places
• 10 Owners Think, If We Don’t List Now, Prices May Fall In Six Months’ Time, This Might Be The Best Price We Can Achieve
• 09 A Moribund Result For The Broken Real Estate Dream That Has Become A Nightmare For So Many
• 08 People Have Probably Let It All Go Too Long, And There's A Lot Of Denial Around The Situation They're In
• 07 These Have Just Become A Burden For Us
• 06 Honestly, There Hasn’t Been A Lot Of Interest, Maybe It Is Too Expensive
• 05 Buyers Are Feeling That There’s Choice And There’s No Rush, They Don’t Feel Like They Have To Buy Right Now
• 04 Now You’ve Brought It Down 15 Per Cent And You’re Going To Have To Sell 5 To 10 Per Cent Below That
• 03 Mid-Year Housing Bubble Predictions
• 02 A Small Desire For Profit Has Turned Into A Big Loss

June (30)

• 30 The Fantastical Pricing Of A Few Years Ago Will Not Work In This Market
• 29 This Appreciation Leaves Homeowners With The Illusion Of Greater Wealth
• 28 It’s The Lemmings, They’re All Running Off The Edge Of The Cliff
• 27 Right Now There’s Downward Pressure On Price – They Don’t Want To Catch A Falling Sword
• 26 I Bought A F**king House, And Now That Is Where All My Money Goes, Every Single Cent
• 25 Buyers Know They’re A Shrinking Pool
• 24 If I Put This House On The Market And It Really Doesn’t Sell, I Will Know That I Have Nowhere To Go, It’s Despair Here
• 23 More And More, Buyers Prey On Desperation And Make Ridiculous Requests That You Can’t Afford To Turn Down
• 22 Maybe It’s Time To Ease Back On The Dreams Of Painless Real Estate Wealth
• 21 You Know What, I Don’t Want To Wait Any Longer For This Price, Let’s Just Unload It
• 20 Sellers Holding Out For Lofty Prices Are Seeing Their Ambitions Crumble
• 19 Now We Help Them With Selling, Selling, Selling
• 18 We Were Excited, We Were Trying To Provide A Future For Our Kids, Now We’re Just Hit With This
• 17 It's The Lowest The Price Has Been In The Last 10 Years, But We Want To Sell… That's Just How It Is
• 16 A Fast Track To Grim Reaper Stress
• 15 Property Owners Might Start Getting That Sinking Feeling Again
• 14 The House Is Worth Less Than We Paid For It, Putting Us Among The Buyers Who Have No Choices But To Pay Through The Roof For A House That Is Hardly Worth It
• 13 Everything I Came In The Game With, I Lost
• 12 That’s Not A Selling Feature Because Everything Is Down
• 11 If You Bought In 2021, Or Early 2022, Those People All Got Hurt
• 10 During A Massive Crash Like This, Nobody Is Able To Cover For Anyone Else – They Are All Cash Strapped
• 09 Every Day There’s So Many Listings Coming On The System And So Few Sales
• 08 We’re Tricking People Into Thinking Their Condo Is More Affordable Than It Really Is
• 07 Owners Have To Face Reality That Prices Might Not Be What They Thought They Were
• 06 Even Though I Say I Don’t Want To Lose Money, I Still Worry Sometimes That The Price Could Go Even Lower
• 05 It’s Clear Investors Are Rushing For The Exits
• 04 When The Market Is Softer, Price Becomes The Primary Lever For Sellers Wanting To Move Their Properties More Quickly
• 03 Inventory Is Finally Returning To A State Of Abundance
• 02 There’s A Lot Of People That Have A Lot Invested And They’re Going Bankrupt
• 01 A Prize-Winning Example Of That Insanity

May (31)

• 31 I Only Bought It Because The Loan Company Really Pushed That Interest Rates Were Going To Go Down
• 30 Those Who Stretched Themselves Financially To Get Into Homes, Their Payments Are Just Skyrocketing
• 29 This Is Too Good To Be True, I Gotta Get Out Before It Gets Bad
• 28 We Did Not Receive A Single Peso, We Feel Like Dogs Being Shooed Away From Our Own Investments
• 27 It's A Return To Reality After Dreams Of Speculation
• 26 We're Seeing A Lot Of Offers Come In Considerably Lower And Tons Of Price Reductions On Land
• 25 We Effectively Capitalised Zero Interest Rates Into House Prices During The Boom
• 24 We Just Have A Huge Inventory Right Now, A Lot Of People Are Leaving
• 23 During Open Houses It Was Like, Where's All The Buyers?
• 22 It Is A Buyers' Market And We Have The Bargaining Power
• 21 If You’ve Been Unrealistic With Your Pricing, You’re Not Going To Achieve It
• 20 Homes Are No Longer Being Appraised At Sky-High Prices
• 19 It Just Feels Like Highway Robbery Because That Is Our Equity
• 18 Rent Seeking And Moral Hazard
• 17 I’m Stuck In This House I Can Barely Afford
• 16 I Lost Everything I Ever Made While I Was Working, How Could I Have Been So Stupid?
• 15 It’s Hopeless, I Have No Way Of Getting Out Of This … My Credit Score Has Defeated Me
• 14 A Haunting Testament To The Pitfalls Of Speculative Investments
• 13 Who Could Have Thought The Market Would Change So Fast?
• 12 The Owners Are Not Making Anything, They Are Losing And Even Then We Are Not Getting Offers
• 11 What You End Up With Is Urban Sprawl Of Non-Affordable Housing With A Queue Of Citizens Still Waiting For Their Turn To Live Here Affordably
• 10 What Really Affects Demand Is That People Expect House Prices To Fall, There Is No Investment Value And They Can't Make Money
• 09 This Has All The Makings Of A Buyers’ Market – Except For The Fact There Are So Few Buyers
• 08 The Pandemic Made Us Panic About House Prices
• 07 You Broke Us, We’re Broke
• 06 Those Who Thought That Home Prices Would Rise Forever, And Got Stuck
• 05 This Is The Reality – This Is The New Pricing
• 04 To The Operators, The Buildings Were Cash Cows, Not Physical Assets
• 03 Sellers Hoping To Get The Same Price The Market Saw At Its Height May Be Chasing A Horizon That Never Comes
• 02 All Of Us Are Facing Bankruptcy, Are Facing Foreclosure, Short Sale
• 01 The Leading Cause Of Financial Anxiety Amongst Homeowners

April (30)

• 30 Where Some Percentage Of The Property Is Underwater, You Will See This Process Restart
• 29 Buyers Were Happy To Pay More For Property When Banks Were Handing Out Money Willy-Nilly
• 28 We Can’t Sell Up And We Can’t Rent Out, We’re Literally Being Held To Ransom
• 27 People Were Able To Borrow Way Too Much When Rates Were 2.5 Percent
• 26 The Worst Thing You Want To Do Is Panic And Take An Offer That You Just Never Thought You’d Take
• 25 This Has Made My Life Miserable, The Project, It's Not Even Moving Forward, I Need Money
• 24 Homeowners Desperate To Escape The Sinking Ship Are Offloading Their Properties At Losses
• 23 What Happens When The Train Hits The Wall And You Don’t Have The Cash
• 22 The Inconvenient Experience Of Buying During A Market Peak And Closing During A Market Dip
• 21 Those Who Have Tried To Sell Have Said There’s A Glut On The Market
• 20 Like Fool's Gold, Today They Are A Nearly Worthless Investment
• 19 They Have Got No Equity, There Is No Spare Money To Spend, It's Heartbreaking
• 18 It Was Almost Like You Could Barely Price It High Enough, At Some Point The Merry-Go-Round Stopped
• 17 It's All Gone, Everything Is Gone, There Is No Business Left And That's What It Is
• 16 If I Could Go Back I Would Definitely Do Some Things Differently
• 15 I'm Losing A Lot Of Money And All My Savings Are Gone, It's Not Worth It And I Don't Want To Take Any More Stress
• 14 The Difference Between Being Able To Pay Your Mortgage Or Not
• 13 Shifting The Motivations Of The Populace From Production To Speculation
• 12 I Thought I Had A Home, I Had Security, I Had A Plan For My Future, That Was All Ripped Away
• 11 These Sellers Are Losing Big
• 10 It’s Not Really Even A Buyer’s Market Right Now, It’s Actually A Bargain Hunters Market
• 09 They’re Selling And A Lot Of Them Are Selling Just To Get Out
• 08 Bang! A Builder Has Collapsed. Bang! There Goes $120,000 And It's Just Gone. That's It
• 07 They Bought An Expensive Place And Now They’re Trying To Leave And Can’t
• 06 The Distortion Is Deliberate
• 05 It’s Like We’re Living In An Abandoned Area
• 04 The Unexpected Has Come Up – Your Property Is Not Worth What You Paid For It
• 03 They Understand What Kind Of Disease They Contracted
• 02 It’s Time To Pay The Piper!
• 01 Fleeing The Communist Government Of XYZ

March (31)

• 31 Honestly, It's Making Me A Little Nervous
• 30 There's A Lot Riding On This New Economic Religion
• 29 It Is A Very Difficult Minefield And We Will Have Made No Money
• 28 More Time And Space To Ponder The Best Buy Means Negotiating Tools Are Here To Stay
• 27 Everyone Will Have Lost So Much Money, And Many Of Us Will Now Be Renting For The Rest Of Our Lives
• 26 Living Through The Worst-Case-Scenario Of Homeownership
• 25 When Rates Are Low And Financing Is Cheap, Developers Build
• 24 I Got My Ass Kicked Last Year, I Lost A Lot Of Money
• 23 I’m One Of Those People Who Bought At The Peak But I Have To Sell
• 22 Only A Fool Trips On Something That Is Behind Them
• 21 The Buyers Aren’t Going To Come In And Pay List Price
• 20 In Light Of The Exorbitant Rise In Prices For Over Ten Years, A Phase Of Price Correction Is Entirely Appropriate
• 19 Without The Buyer Loan, There Is No Sale, So There Is No Profit For The Seller
• 18 There’s Probably Still Too Much Money Floating Around
• 17 Amid The Rubble Of Collapsed Empires And Oceans Of Souring Debt
• 16 The Idea Of Houses As Investments Narrative
• 15 There Are More Investor-Owners Who Are Feeling The Pinch
• 14 It’s Been Hard To Find Buyers, I Can’t Get People To See It!
• 13 Hey, Maybe I Can Pick One Of Those For A Much Better Price Because Those People Have To Sell
• 12 A Lot More Listings Happening Than Sales Happening
• 11 Some Owners, Eager To Cash Out, Will Accept The Price
• 10 When Your Main Source Of Investment Falls
• 09 These ‘Special’ Deals And Rent Reductions Prove What We Have Always Known: The Pricing Of Housing Is Purely Artificial
• 08 It’s Crazy That Someone Bought This House At That Price
• 07 The Monopoly Game Came To An Abrupt End With The Turnaround In Interest Rates
• 06 Everything Was Going Well, And All Of A Sudden — Bingo
• 05 To Be The Chosen One, Buyers Were Overbidding And Waiving Contingencies
• 04 The Excesses Fueled By Investors Drunk On Cheap Money, And The Hangover They’re Now Facing
• 03 Sellers Who Are Stuck With Few Showings And No Offers Have Been Gearing Down Their Prices
• 02 The Housing Market Is A Key Channel Of Monetary Policy Transmission
• 01 Homeowners Often Find Themselves Grappling With Selling Their Properties During A Stagnant Or Falling Market

February (29)

• 29 Demand Is A Gazelle And Supply Is An Elephant
• 28 The Property Sector Is No Longer A Sunrise Business
• 27 You Can't Go Back Through In Time, Everyone's Got To Play Their Chips On The Board
• 26 During The Boom Time, Everybody's A Hero
• 25 This Is The End Of The Evil Real Estate Empire
• 24 The Real Estate Boom Creates A Temporary Illusion Of Prosperity
• 23 People Do Realize That That Was A False Sense Of Reality
• 22 It Was Our Dream Home - But That Dream Has Been Taken Away From Us
• 21 Even Though It Was A Great Price, The Buyer Was Still Expecting A Discount
• 20 They Couldn’t Have Foreseen What Was Going To Happen
• 19 Buyers Will Not Purchase Properties At Market Price Nowadays
• 18 The Financial Burden Of Lockdowns Laid Bare The Enormity Of The Bubble
• 17 Take Away Those Investment Type Buyers And The Market Is Dead
• 16 It Just Feels Like A Never Ending Nightmare
• 15 Sellers Became Much More Realistic About Giving Up The Fairy-Tale Pricing Of The Past
• 14 Many Are Being Forced To Sell At A Reduced Price And Losing Equity They Had Built Up
• 13 There's No Hope Left It Doesn't Feel Like A Dream Anymore
• 12 It Used To Be That Real Estate Was The Safest Investment, But 2023 Broke This Unwritten Rule
• 11 Nobody Should Be Complaining About A Lack Of Fresh Supply Any More
• 10 The Lazy Economic Ponzi Scheme Of Immigration
• 09 The Greatest Real Estate Crisis Since The Financial Crisis
• 08 There Was A Lot Of Exuberance That This Price Escalation Would Continue, Not Now
• 07 Just When You Think It Cannot Get Any Worse, It Can
• 06 I’ve Been Ruined, Our Life Savings Are Gone
• 05 The House Was A Huge Burden, We Needed To Sell No Matter What The Price
• 04 I Will Never Invest In This Place Again
• 03 The Predatory Real Estate Enabler
• 02 They Just Run Out Of Money
• 01 They Opened Up When Values Were At Their Highest And A Lot Of Their Books Are Underwater

January (32)

• 31 Mortgage Rates Said, Hold My Beer, And The Honeymoon Is Over
• 30 We're Going To Lose, We're Not Going To Get What We Paid For It
• 29 We're Left Holding The Carnage
• 28 A Formula For Grotesque Over-Capacity
• 27 We Don’t Really Have A Housing Supply Problem, We Have A Money Problem
• 26 No Choice But To Relist For Less
• 25 There Are Sellers Who Think This Is Not The Time To Give Away Their Property
• 24 They’re Set Up To Lose A Lot Of Money
• 23 There Will Definitely Be Room For Negotiation
• 22 The Era Of Cheap Money Is Firmly A Thing Of The Past
• 21 Homeowners Who Needed To Sell Softened Their Stance As Many Properties Languished
• 20 It Was All Based On A Belief That Land And Housing Prices Could Only Go Up
• 19 Many Had Been Built Without Consideration For Actual Market Demand
• 18 What We’re Seeing Here Is The Collapse Of Speculation
• 17 They Knew They Were Going To Have To Sell It For Less
• 16 An Investment That Shares At Least One Thing In Common With A Ponzi Scheme
• 15 When You’ve Got Something Like This, Buyers Are In Control
• 14 The Golden Days Officially Came To An End
• 13 I Feel The Rug Was Pulled From Under My Feet
• 12 Angry Buyers Rage Like Wildfire
• 11 There’s Just No Buyers
• 10 A Harsh Lesson On Buying At The Peak Of The Housing Market
• 09 My Dreams Have Been Ruined And Crashed
• 08 A Lot Of People Are Now Underwater
• 07 The Burden Of CRE Credit Became Unbearable For Borrowers And Lenders Alike
• 06 So How Exactly Does An Economy Recover To A Bubble?
• 05 That Kind Of Loss Is Distressing To Homeowners Who've Seen Equity Erode Big-Time
• 04 You Don’t Want To Catch A Falling Guillotine
• 03 The End Of Contentious Bidding Wars, With Sellers Often Being Forced To Accept The Only Offer On The Table
• 02 Builders Are Really Willing To Just Get Out With Their Behind
• 01 It's Grapes Of Wrath Stuff
• 01 Housing Bubble Predictions For 2024

December (29)

• 31 We Have People Who Are Overextending Themselves And They Can No Longer Use Their House As An ATM
• 29 What Started As A Housing Slump Has Escalated Into A Full-Blown Crisis
• 28 When You’re At The Very Tip-Top Of A Roller Coaster, There’s Nowhere Else To Go
• 27 Reckoning With Decisions They Made When Money Was Abundant And Rates Were Low
• 26 When You’re Handing Out Tents And Blankets, You’ve Reached Capacity
• 25 Dare One Wish For Housing Price Cuts?
• 24 A Phenomenon Most Didn’t See Coming When Demand Was Red-Hot
• 23 For Public Services And Public Spaces To Be Degraded – That Can Be A Doom Loop
• 22 There Was A Speculative Price Bubble, One Of The Biggest In The Last 50 years, Prices Have Been Falling Ever Since, The Bubble Has Burst
• 21 There Is An Oversupply Problem
• 20 We Couldn’t Sell Off Properties To Reduce Debt Quickly Enough
• 19 Using Various False Narratives To Cast Doubt On The System And The Path Of Socialism
• 18 It’s Definitely Hard To Accept That Your Most Valuable Asset Is Not Worth What You Paid For It
• 17 The Times May Feel Bleak For The Many Who Are Only Used To The Feast
• 16 The Way Money Disappears Could Rival Houdini
• 15 The Free Money Is At The Root Of All This History
• 14 There Is Clear Oversupply And Lower Prices Are In Store
• 13 You Can Only Kick The Can For So Long, At A Certain Point, You’ve Got To Pay The Check
• 11 When The Previous Purchase Took Place, We Were Experiencing A Busy Seller’s Market‚ That’s Different Than The Market We Are Experiencing Now
• 10 Paying The Overdue Price Of The Free-Money Era
• 09 Policies Aimed At Spurring A Housing And Credit Bubble Of Epic Proportions
• 08 People Are Chasing A Market That’s Long Gone
• 07 The Cascading Effect Of Less Credit And More Expensive Credit
• 06 Many Bought With Their Hearts Not Heads, And Got It Horribly Wrong
• 05 The Price Has Dropped So Much, I'm Speechless
• 04 We Expect There To Be A Lot Of Blood In The Water
• 03 The Myth Of Rising Prices Has Been Completely Destroyed
• 02 Artificial Booms Lead to Busts
• 01 The Property Slump Sweeping The Globe

November (29)

• 30 It's Definitely A Deer In A Headlight Kind Of Look
• 29 Would-Be House Sellers Think The Market Should Behave Like It Did At The Peak Of Frenzy
• 28 This Was An Era Of Extraordinary Speculation
• 27 What Was Once A Dream Has Turned Into A Nightmare For Many
• 25 The Madness Is Over
• 24 The People Who Are Losing Are Losing Really, Really Big
• 23 Struggling Homeowners Are Being Forced To Sell Properties They Bought Only Two Years Ago
• 22 Investors Are Now Wary Of Throwing More Money After What Can Look Like A Sinking Ship
• 21 There’s No One In The Market Wanting To Buy Them, At Whatever Terms
• 20 They're Other People Spending Other People's Money
• 19 A Floor Price This Month Could Be A Ceiling Price Next Month
• 18 Living With The Severe Consequences Of Faking It Until They Made It
• 17 Going From The Insane Numbers That We Had, People Think That The Market Is Really Starting To Suffer
• 16 A Rush Of Units Hitting The Market As Owners Try To Get Out Of Pricey Investments That Seem Destined To Plummet In Value
• 15 Things Continue To Go From Bad To Worse, Housing Is The Epicentre Of The Downturn, Nosediving At A Breakneck Speed
• 14 Low Rates Were A Self-Destructive Party That Went On For Far Too Long
• 13 Central Bankers Concluded That The Impossible Was Now Possible
• 12 The Thousands Of Airbnb Listings That Evaporated Overnight Had Always Been Illegal But Managed To Survive Because They Were Legitimized By This Multibillion-Dollar Internet Platform
• 11 The Interest Rate Hikes Triggered A Clear Downward Trend And The Bottom Is Not Yet In Sight
• 10 They Saw What Was Happening In The Gold Rush And Now They’re Realizing, Oh, Big Mistake
• 09 Artificial High Valuation And Hubris Preceded The Eventual Crash
• 08 For A Long Time It Was Considered Unthinkable That This Would Not Continue For A Long Time
• 07 It's Worrying, In The Future, How Are We Going To Sell It?
• 06 Go In Low, Put In A Cheeky Offer, If You're Not Embarrassed You Are Probably Too High
• 05 More And More, Buyers Prey On Desperation And Time Pressure And Make Ridiculous Requests That You Can’t Afford To Turn Down
• 04 If We Compare Pricing Now To The Wild Bidding War Sales During The Unicorn Years Then Yes, It Would Appear That Prices Are Reduced
• 03 We Feel Absolutely Stupid, We Feel Powerless
• 02 These Days, A Skambud May Not Actually Be Too Shameful
• 01 The Era Of Cheap Money Is Well And Truly Over

October (31)

• 31 First Came The Feast, Now Comes The Famine
• 30 The Values Of Housing Are In Free Fall, With Prices Fluctuating Crazily
• 29 Investors Will Be Walking Away With Empty Pockets
• 28 You Can’t Have Too Much Sugar And Not Expect A Crash
• 27 They’re Just Taking Huge Losses, Others Also Want To Sell But They Can’t Necessarily Afford It
• 26 Finally, The Penny Is Dropping
• 25 People Who Were Hoping To Date The Rate And Marry The House Are Going To Lose Their House
• 24 Buyers Are No Longer Willing To Pay Those High Prices And Offers Are Coming In Below The Asking Prices
• 23 Liquidity Is Still Limited, Leading To An Unreasonable Decrease In Selling Prices
• 22 Someone, Somewhere, Had Lost A Lot Of Money
• 21 The Once-Dismissed Possibility Of Rising Rates Is Now A Reality
• 20 A Lot Of Sellers Have Sour Grapes Because They’re Really Sorry They Missed The Peak
• 19 It Just Kind Of Seems Now, With The Stroke Of A Pen, Our Businesses Go Down The Tubes
• 18 The Equity That I’ve Worked So Hard For Has Vanished In A Day
• 17 Once Hot Commodities Now Sit Quietly, Their For-Sale Signs Rustling In The Wind
• 16 What’s Left After The Good Times End
• 15 If You're An Investor Holding Multiple Properties, You Can Only Sit There So Long And Wait
• 14 The Change In Price-Setting During The Pandemic Caught Central Bankers Off Guard
• 13 No One Wants To Be The Fool Catching Falling Knives
• 12 Agents Are Showing A Lot Of Price Reductions And Offers Below The Asking Price Are Becoming More Common
• 11 The Era Of Ample, Low-Cost Financing Ended Abruptly In 2022
• 10 It’s Not A Profit Center Any Longer, This Is A Loss Maker
• 09 Most Buyers Are Still Trying To Bargain Prices Down While Some Owners Have Realised They Were Over-Optimistic And Are Willing To Cut Prices
• 08 China's Current Economic Crisis Is The One It Refused To Have In 2008
• 07 Whatever The Asking Price Was, It Got Escalated. By Contrast Many Sellers Now Are Cutting Prices
• 06 Banks Are Now Open To Price Cuts Knowing That The Inventory Of Foreclosed Homes Will Only Increase
• 05 It’s Yet Another Blow To A Property Market That’s Reeling From The End Of The Cheap-Money Era
• 04 Now You Have The Same Pattern As Before, Working In Reverse.
• 03 The Greatest Gift We Were Given Is Also Somewhat Of A Curse
• 02 Some Housing Investors To Offload Condos Because Of The Financial Strain
• 01 There Are No Viewings And No Offers, Homes Are Just Sitting There

September (30)

• 30 So What's The Problem? The Same Thing It Always Is: Money
• 29 Buyers Now Understood There Was Little Room To Play The Residential Property Market As An Investment
• 28 We Would Have Been Insulted By That Not Long Ago
• 27 It’s Just Another Reason For Them To Panic
• 26 It’s Really Left Our Whole Life In Limbo
• 25 This House Was Everything To Us, We've Put All Our Money Into It
• 24 Having The Fireman Both Set The Fire And Extinguish It At The Same Time
• 23 These Questions Were Never Answered Because They Were Never Asked
• 22 You're Thinking You're Buying An Investment And To Sell At A Loss Is Heartbreaking
• 21 The Days Of Fast Offers And High Prices Are Now Largely Gone
• 20 The Stag-Flationary Housing Market Of 2023 Continues To Take Shape
• 19 Of Course, I Feel Sad — I Got Nothing From All Of This
• 18 Angry Investors Will Not Be Able To Get Back All Of Their Money
• 17 That Funny Money Has Turned Into Real Money And It Is Painful
• 16 It Seems Like The COVID Thing Really Brought It All Out
• 15 Some Owners Are Buckling Under The Financial Pressure And Feel They Have No Choice But To Sell
• 14 It Was A Strategy That Worked For Quite A While, And At Some Point The Music Stops And You Can’t Get Refinancing
• 13 Every Time I Drive By I See A Big Hole, I Just See My Money Is In The Hole
• 12 You Can’t Come Back From This, It’s A Life Sentence, We’re All Stuck
• 11 It's Gone, My Money Is Gone, I Don't Think … It's Coming Back
• 10 As Is Often The Case, Theory And Reality Are Two Very Different Things
• 09 Our Challenge Is Our Inability To Generate Prosperity In The First Place
• 08 I Was Sold A Dream But I Actually Bought A Nightmare
• 07 It’s Basically Ruined Us Financially
• 06 Where The Hell Did That Money Go?
• 05 Up Shit Creek Without A Boat
• 04 A Distraction Posing As An Innovation
• 03 The Great Wall Of China—Its Economy—Is In Tatters
• 02 An Example Of Government Mismanagement
• 01 The Grim Reaper Has Got A Firm Grasp On The Property Market

August (31)

• 31 Given The Heavy Discounts Developers Have Been Extending, Eager Second-Hand Homeowners Will Need To Further Reduce Prices To Complete Any Transaction
• 30 The Idea That You Must Buy Isn’t As Strong As It's Made Out To Be
• 29 Folks Are Selling Out, And They Have No Choice
• 28 A Ponzi-Style Inverted Pyramid Of Indebtedness Now Threatened With A Tsunami Of Bankruptcies, Deflation, And Oversupply In Everything
• 27 Relying On Capricious Luck Will Only Invoke Murphy's Law
• 26 The Things Formerly Known As Crimes
• 25 There Simply Is A Huge Oversupply Of Property
• 24 The One-Way Bet On Property Is Now Waning As The Myth That Prices Will Keep Rising Has Been Broken
• 23 It Feels Like You’re Paying Into Nothing
• 22 Property Empires Built On Cheap Credit Are Teetering
• 21 After A Period When Prices Have Defied Gravity, Sellers May Finally Be Getting A Dose Of Reality
• 20 Popping A Property Bubble Hurts
• 19 When Someone Shows You Who They Are, Believe Them The First Time
• 18 Buyers Feel That They Can Take Advantage Of Sellers
• 17 We’re Starting To See The Bubble Pop And Ponzi Schemes And Pyramid Schemes Failing
• 16 Everyone Is Worried And Nobody Will Be Able To Sell, Those That Have Tried Have Gotten Absolutely Nowhere
• 15 After A Period Of Buying, Buying, Buying, They’re All Looking For An Increase In Their Money And Not Getting It
• 14 There Are No Funds Left And A Lot Of People With Pitchforks
• 13 The Regular People Are Just Not Around Anymore
• 12 By Not Only Accepting But Helping To Troubleshoot The Current Order, Problem-Solving Theories Legitimize And Entrench The Status Quo
• 11 The Gravy Train Has Now Come To A Shuddering Halt
• 10 Markets Are Suffering From A Glut Of Eager Sellers Despite Plummeting Sales
• 09 No One Wants To Be The First To Blink And Drop Their Price, But Eventually Most Will
• 08 Just The Beginning Of A Price War
• 07 Brokers Said They Had Begun To Offload Non-Performing Assets For Underwater Owners
• 06 A Sharp Reversal Of Fortune After An Era Of Cheap Money Ended
• 05 People Did It During COVID So How Come It Can't Be Done Now
• 04 The Story Is That Demand Is Just Gone, Those Investors Made Losses On Their Properties
• 03 Homes For Sale With Prices That Have Taken A Real Nosedive Lately
• 02 When You Go Up, Up, Up, There’s Nowhere To Go But Down
• 01 We Are Paying The Price For The Property Bubble

July (29)

• 31 Look, We Need To Sell
• 30 A Growing List Of Things Central Bankers Underestimated Over The Past Few Years
• 29 A Billion-Dollar Industry Chasing Its Own Tail
• 28 The Bubble Deflated, Liquidity Fell Freely And Many Investors Face The Risk Of Heavy Losses
• 27 These Are Insolvent Firms Running Ponzi Schemes Of Titanic Proportions
• 26 The Seams Were Starting To Crack For Some And The Realism Of What Was Going On Started To Kick In
• 25 The Fear Of Missing Out Has Now Been Wiped Out By The Fear Of Making A Mistake
• 24 Everything Is Falling
• 23 I’d Like The Value Of My Home To Start Rising Again, I Wonder If The Good Days Are Over
• 22 Where It Can Go Horribly Wrong
• 21 A Major Change Of Fortune After An End To The Era Of Cheap Money That Fed A Decade-Long Property Boom
• 20 Cut Off From The Easy Money That Fueled The Boom, Many Began Floundering Under Accumulated Debts
• 19 The Question That Everybody Wants An Answer To
• 18 Many Markets Have Become Somewhat Overbuilt And There Is Additional Inventory Being Completed
• 17 The Market Can See Asking Prices Fall Like Raindrops
• 16 Some Of The Lessons From Previous Crises Have Been Forgotten
• 15 It’s Like A Race To The Bottom
• 14 Buyers Who Purchased At The Height Of The Market Are Now Facing Inevitable Market Realities
• 13 All Those People Thought They Would Become Millionaires And They Are Now With Something More Or Less Worthless
• 12 Sellers Always Think People Will Make An Offer, Well They Don’t Anymore
• 11 Henry Ford Came Out With The Car And We Had A Lot Of Horse And Buggy Loans Due
• 10 There Are Some That Refuse To Admit Defeat But These Are A Minority
• 09 Uh, Sorry, Y’all Go Fish Now
• 08 The Less They Can Borrow, The Less They Can Afford
• 07 Their Household's Largest Single Investment Is, In Many Cases, No Longer Worth What They Thought It Would Be
• 06 Sky-High Mortgage Rates And Slipping Prices Have Turned What Seemed Like Surefire Investments Into Money Pits
• 05 Many Vendors Still Believe It’s 2018, Whilst Buyers Think It’s 2008
• 03 Mid-Year Housing Bubble Predictions
• 02 Exasperated Neighbours Are Considering Packing Up And Leaving But Wonder Who Would Want To Buy Their House At Anywhere Near What They Paid For It

June (30)

• 30 By Hanging On It Will Only Get Worse
• 29 Like Many People, We Borrowed Based On The Idea That The Smartest People Were Making Those Decisions
• 28 We Are Broke And Scared And Feeling Helpless, Our Story Is But One Of Thousands
• 27 This Was My Entire Plan, And I’ve Just Kind Of Watched It Go Up In Smoke
• 26 The Unseen Hazards Faced By Wile E. Coyote
• 25 If You Had Purchased A Year Ago With Ideas To Sell Today, You Could Sell For A Loss
• 24 The Gold-Digger Mentality Is Gone, With People Buying Silly Things For Silly Money
• 23 Second-Hand Owners Have No Choice But To Take A Beating
• 22 Panicking Borrowers Screaming For Help
• 21 No One Wants To Be A Loser And Say, Oh Yeah, I Overpaid
• 20 Landlords Have Seen Their Simple, Modest Investment Spiral Into A Money Pit They Can’t Wait To Get Rid Of
• 19 Sometimes I Wonder If The Juice Is Worth The Squeeze
• 18 Some Sell At 75 Per Cent Of Value Just To Get Rid Of Them
• 17 Ever-Increasing House Prices Ensured The Cash Register Kept Ringing, What Will Happen If This Last Remaining Prop Gets Kicked Out From Under Us?
• 16 This May Have Been The Last Straw For Some Investors
• 15 Gone Are The Days Of A Seller Just Naming A Price Because Their Home Has Four Walls
• 14 The Golden Era Of Low Mortgage Rates Has Come To An End
• 13 We Assumed Interest Rates Would Stay Low, Hindsight Is A Wonderful Thing
• 12 A Level Of Destruction That Would Make The Four Horsemen Blush
• 11 Buyers Are Not Always Willing To Pay What The Seller Wants, It’s A Reality Check
• 10 What People Can Afford Has Dropped
• 09 A Large Number Of Mortgage-Holders Will Now Be Facing Terrible Pain
• 08 The Investor’s Bet On Boom Times May Just Go Bust
• 07 A New Round Of Forced And Panicky Selling
• 06 When Interest Doesn't Get Paid There's Nowhere To Hide
• 05 Because So Many Are Competing For The Same Group Of Buyers, Sellers May Find Their Properties Languishing On The Market
• 04 Maybe This Economy Was All A Charade To Begin With
• 03 A Lot Of People Just Can’t Afford Their Payments Anymore
• 02 Indulgences And Money Sinks
• 01 Your Investment Is Likely Underwater If You Bought Over The Past 12 Months

May (40)

• 31 The Glory Days Of Easy Returns And Cash Flow Are Likely Over
• 30 A Self-Fulfilling Speculative Strategy
• 29 They Don't Really Have Any Other Option But To Sell, Otherwise, The Bank Will Do It For Them
• 28 They Placed The Biggest Possible Bet On Something That Went Bottom-Up
• 27 Wow, This Is Huge! But Nobody’s Here
• 26 Some Buyers Are Asking Sellers For The Sun, The Moon And The Stars In Addition To Offering Below The Asking Price
• 25 It Looks Like A Flipper Bought That Beat-Up House Before Realizing This Is Not The Market For Flippers
• 24 Sellers Should Avoid Hanging On For A Higher Price And Learn To Accept They May Need To Sell Below Expectation
• 23 The Numbers Tell The Story, And The Story Is A Horror Story
• 22 A Growth Model Dependent On Stimulus And Debt Was Always Going To Be Unsustainable, And Now It Has Run Out Of Steam
• 21 A Wide Swath Of Once-High-Flyers Are Looking More Like The Walking Near-Dead
• 20 The Root Of All Evil Is The Cost Of Property, That Squeezes The Life And Soul Out Of Everything
• 19 In Today’s Market, The Only Path Is One That Leads To A Downward Price
• 18 Homeowners Trapped In Unsellable Properties, Forced To Accept Horribly Reduced Price
• 17 Now That It's All Gone, It's Like, Crap, Back To Reality
• 16 The Market Experienced A Temporary Exuberance, Maybe Detached From Rationality A Little Bit
• 15 Many Short-Term Investors Know Prices May Have More Room To Fall And Want To Cut Their Losses
• 14 While Sellers Might Be Hesitant To Accept A Below-List Price Offer, It Doesn’t Mean They Aren’t Open To Negotiating
• 13 The Cycle Of Wishful Thinking, Forbearance And Occasional Panic
• 12 This Is Just An Inevitable Correction From Absurd Pandemic Prices
• 11 An Investor’s Paradise That Some Thought Would Yield Ever-Increasing Returns
• 10 Buyers Are Thinking, There Must Be Some Pressure Now
• 10 Buyers Want To Pay Less And Expect More From A House Than They Would Have A Year Earlier
• 10 Things Are Starting To Break
• 09 We Are Seeing A Clear Oversupply Of Properties
• 08 This Final, Terribly Overheated Period Could Not Be Sustained And A Market Correction Ensued
• 07 The Lending Institution Wants To Dump The Property That Turned Out To Be A Bad Deal
• 07 The Reserve Bank of Australia Has Made An Ad
• 06 A Vicious Cycle In Which Troubled Lenders Need To Fail
• 06 Now Not Only The House Is Gone, But The Downpayment Is Also Gone And Owe A Lot Of Money To The Bank
• 05 It Was A Gamble, And The Odds Are Turning Against Them
• 05 Making A Decision To Buy Today Based On A Future Windfall
• 04 People Have Used Their Homes As ATM Machines
• 04 Ponzi Or Pyramid Scheme?
• 03 Prices Rose Too Drastically, So Now They’re Dropping, But They Still Haven’t Fallen Enough
• 03 Housing Prices Plummeted! Bubble Burst, No More Demand!
• 02 Why Don’t We Do A Couple Of These And See How They Go? Can’t Bankrupt The Whole Bank
• 02 The Biggest Risk To The Financial System
• 01 No One Ever Paid Attention Because It Was When Pigs Fly, Well Pigs Flew Last Year
• 01 An Abundance Of People Looking To Get Fleeced

April (57)

• 30 Almost Always The Root Cause Of Systemic Risks Is Monetary Policy
• 30 What's Known As A Ponzi Scheme
• 29 The Seeds Of A Bust Are Sown Throughout A Boom
• 28 All This Magic Is Kicking The Can Down The Road
• 28 I See A Lot Of Panicking Happening, I’ve Seen People Lose Their Entire Life Savings
• 28 We're Seeing Almost 20% Off
• 27 A Bellwether For The Value Destruction
• 27 Sometimes It's Best To Cut Your Losses
• 26 There Is A Bubble To Burst
• 26 All Those Big Spenders Disappeared
• 25 More And More Sellers Are Accepting The Realities Of The Current Market
• 25 Landlords Selling Due To Financial Stress
• 24 People Freak Out On The Downside Of The Roller Coaster
• 24 The Construction Sector Has Been One Of The Most Corrupt Industries In China
• 23 I Just Never Dreamt I Wouldn’t Be Able To Sell It
• 23 Price Can Fix Any Problem
• 22 Many Of These Investments Were Made During The Fed’s Money Printing Days
• 22 Realtors Are Lying To You!!!
• 21 It Was Clear That Negative News About The Housing Market Had Taken Over From People’s Emotional Decision To Buy
• 21 Just Because You Can Doesn't Mean You Should
• 20 Some People Are Hanging On By A Thread
• 20 Looking For The Biggest Price Drops In New Construction?
• 19 Enduring The Hangover Of The Excess Of The Past Decade Where Money’s Been Free
• 19 Selling At A LOSS, Below Original Purchase Price Seller Giving Up And Left
• 18 There Is A Glut Of Repossessed Vehicles, Land, Homes And Office Equipment Being Sold Off Cheaply
• 18 Sellers Were Overpricing Because They Could Get It
• 17 Fault Lines Have Emerged For Investors Who Paid Top Dollar
• 17 Real Estate Companies Are Experiencing Massive Losses
• 16 People Are Selling Because The Banks Have Told Them They Have To
• 16 Some Of These Towns Are Seeing Significant Price Drops
• 15 You Can Say Prices Are Plummeting, But What’s Really Happening Is They’re Finally Making Their Way Back To The Norm
• 14 I Was Previously Considered Wealthy
• 14 Sell Before It's Too Late
• 13 Evidence Of Properties Purchased Over The Last 18 Months Selling At A Loss
• 13 Get Ready For The MASSIVE Discounts You'll Find With Foreclosures
• 12 Many Homes Advertise Just How Far Desperate Owners Are Willing To Go
• 12 If They Lose The Gamble, They May Fall Into A Financial Trap From Which They Cannot Escape
• 11 The Unlucky Few Who Suffer A Loss
• 11 The Wall Of Worry
• 10 A Realization Amongst Sellers That There Isn’t Much Point In Waiting For The Market To Catch Up With Their Price Expectations
• 09 If You Sell, You’re Not Getting Any Money Out
• 09 Expect It To Get Worse Before It Gets Better
• 08 The Moment You Doubt Whether You Can Fly, You Cease Forever To Be Able To Do It
• 08 The Shoe Is On The Other Foot
• 07 The House Price Slip Has Become A Slump
• 07 The 2023 Housing Market Is Going Through Turmoil!
• 06 We Have More Loans Nationwide Ready To Foreclose Than We Did In 2007 And 2008
• 06 Is This Going To Crush The Market?
• 05 Everybody That Had A Deposit... It's Gone
• 05 You Realize The Market Has Changed?
• 04 They Blatantly Lied To Us, We Lose Everything, We Won’t Get Any Money Back
• 04 The Good, The Bad And The OMG!
• 03 They Thought They Could Never Go Wrong
• 02 Everyone Wants To Pay Tomorrow's Price
• 02 The Housing Market Just TANKED, Practically Overnight!
• 01 As With Every Financial Crisis, The Central Bank Sets The Stage For A Collapse
• 01 It Feels Like Our Spring Buying Season Hasn't Yet Kicked Into Gear

March (61)

• 31 There’s Just Not Enough Cake For Everyone
• 31 Many People Have Regret And Suffer The Pitfalls That Are Costly!
• 30 When You Control A Price And Loosen The Grip, It Can Be Challenging And Messy
• 30 Sellers Are Aware Of The Market
• 29 How Many Times Have We All Heard The Word Unsustainable?
• 29 Not A Whole Lot Of Buyers Out There
• 28 You’re Bleeding Money, Before It Was Free Money
• 27 Those People Who Saw The Extraordinary Capital Gains Were Thinking That They Might Miss Out On Growth, But Are Now Realising We’ve Come Back To A Normal Market
• 27 Those Looking To Purchase Can Now Get More House For Their Money
• 26 Central Banks Have Swung From Frenetic Money Creation To The Monetary Death March
• 26 Where Is Buyer Demand?
• 25 The Gargantuan Phalanx Of Flimflammers And Rug-Pullers
• 25 Ugly Numbers On The Way
• 24 A Lot Of It Is Just Evidence Of Failed Speculative Activity
• 24 We Can’t Help But Ask The Question… What Happens Now?
• 23 We’re In The Middle Of A Housing Market Bust, So We’re Gonna Watch Prices Tumble
• 23 Avoid Being A Home Moaner
• 22 We Were Watching It Go Up And Up And Up And Up And Up And Up... And Then It Just Started Coming Down
• 22 At The Beginning Of Another Downturn?
• 21 For 30 Years The Fed Has Merrily Fed Us Easy Money Policies, Then Expressed Shock – Shock! – That Those Policies Led To Disaster-After-Disaster
• 21 Prices Have Now Fallen From The Peak With Many Signs Pointing To Further Declines
• 20 The Most Reckless Monetary And Fiscal Experiment In History
• 20 Return Of The ZOMBIE BANKS?
• 19 A Disconnect Between Finance And The Real World Lies At The Heart Of All Great Bubbles
• 19 Will We Even Have a Spring Buying Season?
• 18 A Consistent Set Of Politics Based On The Ideology Of Home Ownership, Encouraging Us All To Buy As Strategic, Calculating Mini-Capitalists
• 18 Some Properties May Have Been Priced Too High, That's Why We've Seen The Discount
• 17 The Price Keeps Rising As Everyone Rushes To Grab A Piece Of The Pie, Until ... Poof! It's All Gone
• 17 Maybe Don't Sell Your Home
• 16 They Way Overbid Everybody Else, They’re Not Going To Get That Back
• 16 Sales SLUMP, Driving Prices Down And Inventory Up!
• 15 Were These Regulators Just Asleep At The Wheel?
• 15 Cities With The BIGGEST Price Crashes AND Neighborhoods Within Those Cities With Even BIGGER Price Crashes!
• 14 When Money Was Very Easy, Everybody Thought That This Was Going To Last Forever So They Did Stupid Things
• 14 What Can Happen If The Market Tanks
• 13 They Took A Risk As Owners Of Those Securities, They Will Take The Losses
• 13 Mortgage Nightmares
• 12 They Break Because That’s What Bubbles Have To Do
• 12 The Many Ways BUILDERS TRICK YOU And Play On Your Lack Of Understanding
• 11 People Are Waking Up To The Gravity That This Was One Of The Biggest Financial Euphoria Episodes
• 11 How Homeowners Can Actually Lose Equity While Still Making Payments
• 10 It’s Like The End Of Animal House
• 10 It's Going To Be A Price-Year Mortgage Reality
• 09 Many Sellers Feel They Are Losing Profits Rightfully Theirs And Are Slow To Accept The New Realities
• 09 How Extreme Is Our Current Decline?
• 08 Sliding Prices Can Create A Cycle Where Buyers Expecting The Downward Trend To Continue End Up Prolonging The Slump
• 08 Buyers Did Everything To Get An Offer Accepted And Now Many Are Regretting Those Decisions
• 07 We’re In A Buyers’ Market, The Price Being Asked Becomes Irrelevant
• 07 Are There Too Many Houses?
• 06 They Can’t Afford To Pay It All Back Because They Borrowed Too Much
• 06 The Good, The Bad And Was The Painter Color-Blind?
• 05 A Lot Of These People Are Struggling Now Because They Couldn’t Really Afford It To Begin With
• 05 Mortgage Balances Are Growing As Canadians Hope The Problem Will Resolve Itself
• 04 Still In The Grips Of The Planner's Conceit
• 04 Another Factor Contributing To The Decline Is The Exodus Of Residents
• 03 The Change In The Balance Of Power Is Bringing Out The Worst In Buyers
• 03 We Need This Train To Stop
• 02 When The Bids Were Over It Was, Congratulations, You Are Now Essentially The Biggest Loser
• 02 Hey, There Are Realtors Out Here Trying To Scare You
• 01 There Is A Bubble To Burst
• 01 Many Sellers Have Not Yet Accepted They Won’t Be Able To Sell For What It Was Worth A Year Ago

February (55)

• 28 It Has To Look Good, It Has To Smell Good And Expect That You’re Not Going To Get Your List Price
• 28 Almost 40% Of The Pandemic Pricing Boom Is Already Gone
• 27 You Are Effectively Trapped, And Your Bank Knows It
• 26 It Was Hard For Sellers To Realize That They No Longer Have That Price Escalation
• 26 Rates Peak? Inventory Hits Bottom? Prices in the Red?
• 25 Price Signals Have Been Broken
• 25 Could This Burst The Housing Bubble?
• 24 Accept Losses Instead Of Shouting For Help
• 24 Leverage Works Both Ways
• 23 It’s Robbing Ah Seng To Pay Ah Huat
• 23 The Default Cycle Is Just Beginning
• 22 I Thought I Would Be Just Fine As Long As I Could Get A Loan
• 22 The Biggest Housing Crash In Canadian History
• 21 At A Feverish Time, People Rush To Buy At Any Price, But When The Market Faces Doldrums No-One Cares Despite The Remarkable Price Discounts
• 21 Buyer's Remorse Is Rampant
• 20 If I Wait Six Months, Will The Price Be Lower?
• 20 Topping The Charts For Price Declines And The Worst Of It May Not Be Over
• 19 Whatever We Owe On It, Let The Bank Take It
• 19 News Of Rising Interest Rates Has Obliterated An Already Weak Housing Market
• 18 Coming Back Down To Earth Is Not A Bad Thing, Unless You’re A Seller, Then It Sucks
• 18 We Have Seen A Massive Increase Of Homeowners Needing Short Sales And In Foreclosure
• 17 If You Don’t Want To Get Stuck, Those Who Have Invested At The Top Should Boldly Cut Their Losses As Quickly As Possible
• 17 Many Developers And Investors Struggling To Stay Afloat
• 16 Some Buyers Who Got Caught Up In Fear Of Missing Out Are Now Feeling Remorse
• 16 Homeowners Struggle Finding The Perfect Number
• 15 The Soft Landing Island Is Looking Really Crowded
• 15 Analyzing The Propaganda To Make Some Sense Of It All
• 14 The Grim Reaper Could Be Coming For The Careers Of Real Estate Agents This Year
• 14 Sell Or Bust
• 13 Demand Has Significantly Slowed Down, And Homes Are Getting Zero Or One Offer
• 13 From Peak Optimism To Peak Pessimism
• 12 That Feeding Frenzy We Had Before Is Gone
• 12 Housing Market Is RED HOT?
• 11 This Isn’t A Game Of Monopoly For The Faint Of Heart
• 11 A Developer Says It Can’t Pay Its Debt
• 10 If You Wait Another Month, You Might Not Even Get This Price
• 10 Values Took A Nosedive, Does This Mean The Market Is Crashing?
• 09 It Hurts Coming Out Of A Fireworks-Everywhere Market
• 09 Stats Show A BAD Start To The Year For Real Estate
• 08 When The Market Swung, Some People Get Caught In The Crossfire
• 08 We Have Already Dropped 50%, So Why Are The Headlines Predicting This Again?
• 07 Dear Real Estate Professional, You’ve Been Forced To Transition From Abundance To Scarcity
• 07 Home Were Selling Way Above The List Price, But Lately The Reverse Is Happening
• 06 If I’m Losing Money, What Am I Gaining By Losing?
• 06 Even For The Biggest Discount Shoppers?
• 05 We Are In The Soup
• 05 Foreclosure Is Not The Only Option
• 04 Investors Are Now Faced With The Reality That They’re Going To Have To Come Up With Extra Funds
• 04 Multiple Reports Of An Increase In Homes Selling At A Loss
• 03 Many Who Chose Mortgages With Cheap Money Are Now Being Forced To Sell At A Significant Loss And Potentially Face Financial Ruin
• 03 Can We Lowball To Get A House Now?
• 02 I Don’t Want To Give My Place Away, Is A Common Refrain
• 02 Your Home Is Not Selling
• 01 We Hear The Words But No Longer Hear The Music
• 01 F*@K Around And Find Out!

January (63)

• 31 New Homeowners, Having Achieved Their Dream, Are Plagued By Shame And Fear Because They Bought Around The Market Peak
• 31 The Good, The Bad And The Where Did Everyone Go?
• 30 Not Quite A Record Level Of Decline, But It's Probably A Matter Of Time
• 30 25% Below Asking In A Sellers Market?
• 29 If You're A Seller, You Have To Wrap Your Mind Around The Idea You're Not Going To Get The Price That You Thought It Was Worth
• 29 Once In A While You Run Into A Sleazy Real Estate Agent
• 28 People Weren’t Making Great Decisions
• 28 We Are Seeing Houses Going Below Asking Price By Significant Amounts
• 27 The Stars Are Aligned For A Bloodletting
• 27 Costing People Small Fortunes
• 26 The Housing Market Is Unraveling As Prices Come Down From Their Peak
• 26 Ownership Becoming A Nightmare
• 25 It Is Better To Sell At A Loss Than To Have A False Expectation Of Profit And Then Drown And Lose All Your Assets
• 25 Year-Over-Year Declines Starting To Become More Apparent
• 24 Starved Of Buyers, Sellers Are Having To Come To Terms With The Reality That Their House Price May No Longer Be Worth What It Was Six Months Ago
• 24 Crash In 2023..Some Buyers Think So
• 23 Investors Who Were Planning On Flipping Are Now Feeling Fear And Panic
• 23 Sellers: One Step Behind The Market
• 22 It Was Quite Irresponsible For The Bank To Lend Us This Much, And They Would Have Lent Us More
• 22 Think The Housing Market Is Going To Crash?
• 21 Responding To The Shock Of The Cost Of Money
• 21 Sellers Are Lowering Prices Left And Right And Also Paying Concessions And Closing Cost Again
• 20 Some Agents Have Reported That Numerous Cheeky Offers Are Now Being Presented To Sellers
• 20 Job Loss Could Lead To More Listings And Potentially Lower Prices
• 19 Staying With Your Cheapest, Most Uptight Friend – And Paying Them For The Privilege
• 19 What Goes Up, Must Sometimes Come Down
• 18 As The Fed Ends The Era Of Free Money, More Levered Speculators And Unscrupulous Behavior Get Exposed For What They Always Were
• 18 There Is Trouble Brewing In The Housing Market As Inventory Is Pilling Up
• 17 In The Past, Kicking The Can Down The Road Has Worked, It's Not A Solution For 2023
• 17 I Have Listings That Get Offers And They're Low - Insultingly Low
• 16 The Over-Excited, Headless-Chicken Covid Market Has Disappeared
• 16 Buyers Are Pricing In Future Decreases And They Are Submitting Really Low Offers
• 15 The Market Will Not Go Back To What It Was, Because What It Was, Was Insane
• 15 The Disaster Unfolding For Sellers
• 14 An Annus Horribilis, A Bargain Hunter’s Paradox, Planting A New Garden
• 14 Buyers Are Pulling Out, FEAR and PANIC Set In
• 13 There’s Nothing Quite As Impactful On A Marketplace As Too Many People Who Have To Sell
• 13 Homebuilders Are Driving The Decline In Prices
• 12 Investors Swimming Naked And Carrying Big Liabilities
• 12 Some Sellers Can't Afford To Sell
• 11 The Sharknado Of Real Estate: No One Saw It Coming, No One Believed It Was Happening, But We're Never Going To See Numbers Like That Again
• 11 The Exploding Housing Prices We Saw The Last Two Years Are Behind Us
• 10 All Sellers Are Expecting To Be Chipped
• 10 Prices Fall The Furthest They Have In Decades!
• 09 Sellers Worry They Missed The Top And It Is Going Down, They Want To Get Out
• 09 Getting Ahead Of Buyer's Remorse
• 08 For Those That May Have Overpaid The Last 2 Years The Question Will Be, How Low Will They Go To Get Out Of A Mortgage?
• 08 As The Houses For Sale Pile Up, Builders And Sellers Are Drastically Reducing Prices
• 07 Are We Just Simply Hoping That The Scaffolding Put Up There Is Going To Protect People From Themselves?
• 07 Is Buyer's Remorse The New Normal?
• 06 The Media And The Public Will Think The Sky Is Falling, The Truth Of It Is The Sky Actually Fell Last June And Kept Falling
• 06 Will It Drop Another 20%?
• 05 Increasingly Anxious Sellers Went Through The Five Stages Of Real-Estate Grief
• 05 Crashing Into 2023
• 04 The Pressure To Pay Interest Every Month Has Turned Our Hope For A Big Profit Into A Time Bomb
• 04 Price Drops Galore
• 03 The Music Stopped, The Party Was Over, The Rates Hit And They Were Left Holding The Bag
• 03 How Bad Will The Market Get In 2023?
• 02 If The Property Price Falls Then I’m B-----ed
• 02 Massive Price Cuts Happening Each Day
• 01 Are We On The Same Trajectory If 2020 Didn't Happen, If 2021 Didn't Happen, If 2022 Didn't Happen?
• 01 Housing Bubble Predictions For The New Year
• 01 Risks Of Buying Power Of Sale/Foreclosed Properties

December (58)

• 31 2022 Did Not Disappoint
• 30 With Fear That Real Estate Prices Will Drop Without Stopping, Investors Can Tell Themselves To Sell Quickly To Cut Their Losses
• 30 This Is How The Year Is Ending
• 29 Modern Monetary Theory Is True, As Long As Nobody Believes It’s True
• 29 Sad After Buying A House?
• 28 The Times Of Too High Price Mean Almost Everything Will Be Believed For A Little While
• 28 The Grinch That Stole Christmas
• 27 There Were All These High Hopes And Now Everything Is Stuck
• 26 Historical Precedent Suggests The 'Last Batch' Of Buyers Often Become Resentful
• 25 The Number Of Chickens You Have To Forgo To Buy A House Is Unlikely To Keep Plummeting Forever!
• 25 New Home Liquidation Sale
• 24 Over-Eager Investors Who Took Advantage Of Low Interest Rates Bought Houses At A Premium Under The Impression It Was Going To Be Like That Forever
• 24 Don't Catch A Falling Knife
• 23 The Craziness Will Go Down In History As A Once-In-A-Generation Boom That Was Not Sustainable
• 23 Sellers In Panic!
• 22 The Days Are Gone Of Being Greedy And Just Throwing A Price Out There
• 22 Defaults On The Rise, Buyers Can't Close
• 21 The Latest Sign That The Climate Of FOMO Has Swiftly Turned To Regret
• 21 Homebuyers Struggle To Close
• 20 There Was A Shift Where People Stopped Thinking Prices Would Just Keep Rising
• 20 Home Prices CRATER In 11 Months
• 19 If You Sign On That Dotted Line And Prices Have Declined, You're On The Hook
• 19 Buyers Remorse And Cancelling Contracts Has Reached Epidemic Numbers
• 18 When People Were Looking To Sell At The Peak, The Decision Got Put Off, Now They’re Stuck In A Different Market
• 18 Homeowners Are Growing More Desperate As Foreclosure Notices Start To Arrive
• 17 The Allure Of Easy Money Never Fades, Especially For Those Who Benefit The Most
• 17 What They Don't Want You To Know
• 16 Pay Less Attention To, Or Even Ignore, What Sellers Are Asking For
• 16 New Homes Are Taking A Hit!
• 15 It’s As If A Chunk Of Their Nest Egg Has Suddenly Been Snatched From Underneath Them
• 15 Are 2015 House Prices Possible?
• 14 This Is A House With A Lot Of Smoke Alarms And They Are All Going Off
• 14 Did the Fed Create The Housing Bubble?
• 13 Everybody Saw This Coming Yet Nobody Saw This Coming
• 13 Short Term Rentals Are No Longer Viable
• 12 Speculators Are Now Willing To Accept Losses To Dispose Of Their Units
• 12 Builders Are Drastically Reducing Prices
• 11 For Some, The Consequences Of Participating In That Bubble-Producing Market Frenzy Will Be Catastrophic
• 11 The OpenDoor Fire Sale
• 10 Why Do You Want To Buy Something That You Expect To Become Cheaper?
• 10 Are We Going To See Fire Sales?
• 09 What Worked In The Past Won't Work Now
• 09 The Housing Market Collapse
• 08 Before Even Accepting An Offer Below Asking Price, Many Sellers Are First Finding They Are Having To Drop The Price To Attract Buyers
• 08 Some Analysts Are Predicting The Market Will Come Roaring Back
• 07 Homebuilders Are Now Stuck With A Bunch Of New Houses That Are Hard To Sell
• 07 Many Homeowners Owe More On Their Mortgage Than Their House Is Worth
• 06 A Result Of Sellers Coming Down From The Moon To The Earth Where The Buyers Are
• 06 Workers Facing Or Experiencing Layoffs Abandoned The Housing Market
• 05 Winter Is Here For Investors
• 04 An Asset Which Produces Nothing
• 04 Pandemic Housing Boom Caused Major Buyer's Remorse
• 03 The Biggest Drawback Of Helicopter Money
• 03 It's More Important Than Ever For Motivated Sellers To Get Aggressive With Their Pricing
• 02 If A Person’s Equity Falls Into Negative Territory, Lenders Are Unlikely To Take Them On At All
• 02 Buyers & Sellers On Different Planets
• 01 It’s Worth Less Than What I Paid For It, Stuff You Guys I’m Doing A Runner
• 01 The Housing Market Continues To Soften

November (59)

• 30 They're Trying To Get Rid Of Them As Fast As They Can, It's Just Sitting There Without A Buyer, They're Losing Money
• 30 No Neighborhood Is Immune And The Numbers Clearly Illustrate What Is Coming
• 29 We’re Helping Sellers Come To Terms That They Have Lost Out
• 29 Massive Bubble?
• 28 The Central Bank Is Quite Happy To See Those Prices Fall
• 27 If We Have The Everything Bubble, You’re Going To Have The Everything Bust
• 27 Prices Crashing Right Now!
• 26 Real Estate Is The Biggest Mafia
• 26 Banks Giving Mortgage Life Preservers To Clients
• 25 There’s A Very Good Chance They’ll Be Left With Nothing
• 25 Builders Are Looking To Get Rid Of Some Inventory Before The End Of The Year
• 24 The Great Financial Bubble Of Every Bubble Being Pricked By The General Move To Somewhat Greater Degrees Of Financial Sanity
• 24 Builders Are Racking Up The Staggering Cost Of Inventory And A Possible Foreclosure Wave Could Hit
• 23 If The Price Isn’t Compelling, The Home Is Not Selling
• 23 The People Who Told You Inflation Was Transitory Are Trying To Get A Soft Landing
• 22 Any Action To Stop A Bubble Bursts A Bubble
• 22 I Got More Money In My Right Pocket Than Your Net Worth
• 21 Did The Market Really Drop, Or Did The Market Just Quit Having Over-List Price Offers?
• 21 The Price Of Resale Homes Exceeds That Of New Homes
• 20 This Home-Loan Crater Is Deeper Than Anything We Witnessed During The Bubble-Bursting Housing Meltdown Of The Mid-2000s
• 20 It Sucks To Have Your Home On The Market
• 19 A Zero-Rate World Has Drifted Into The Land Of Excess
• 19 Resale Sellers Struggling With New Construction Comps Dropping Prices
• 18 It Didn’t Matter Whether You’re Priced At Yesterday’s Price Or Today’s Price, So Many Buyers Are Still Making Offers Much Lower Than Asking
• 18 Will The Bubble Burst?
• 17 They Lost Their Shirts And They Don’t Have A Shovel In The Ground
• 17 How Much Lower Can Prices Go?
• 16 Realtors Have Had To Slash Selling Prices Because They Need Cash
• 16 Stop Listening To These Tiktok Gurus That Know Nothing About Money
• 15 Buyers And Sellers Are Getting Used To A New Reality And They Are Leaving The Craziness Behind
• 15 House Prices are DROPPING LIKE CRAZY!
• 14 There Are Some Really Frustrated Sellers, Because Some Feel Like They Have Missed The Market
• 14 Bubble Bath Time
• 13 We Laugh At The Sellers On The Phone About It
• 13 These Stats Are Eye-Opening For Current Sellers
• 12 Traders Now Openly Talk About The Approaching ShitCo Reckoning
• 12 Sellers Are Having A Tough Time Accepting The New Prices
• 11 I Don’t Think It’s Set In Enough To People That The Party’s Over For Super-High Prices
• 11 With Prices Dropping $100,000, Did The Market Crash?
• 10 The Reality Of Living Through It Is Something Sellers Are Not Prepared For
• 10 Using Leverage When The Market Falls Is A Financial Nuclear Disaster
• 09 Properties With Blemishes Need To Be Discounted Below The Discount For Good Properties
• 09 How Do You Buy A Foreclosure?
• 08 The Property Market Has Seen Gargantuan Price Growth, When That Happens, The Wheels Invariably Come Off
• 08 The Real Estate Market Is A Dumpster Fire Thanks To The iBuyers
• 07 Obviously FOMO'd In And Wearing The Consequences Of That
• 07 It Just...Stopped!
• 06 There’s Going To Be Some Form Of Payback For All The Cheap Money
• 06 A Price War And A Beauty Competition
• 05 We're Doing Sticker Shock In Reverse Now
• 05 Prices For Detached Homes, Townhouses And Condos Keep Dropping Every Single Month
• 04 The False Sense That Real Estate Is A Readily Liquid Asset
• 04 Builders Are Feeling The Stress Of The Housing Crash And Can't Drop Prices Fast Enough
• 03 I Don’t Think It’s A Good Idea To Buy When The Knife Is Falling
• 03 Builders Are Willing To Reduce Prices Heavily To Free Up Capital To Continue Building
• 02 Panic Has Set In, And The Band’s Striking Up Nearer My God to Thee
• 02 The Real Estate Market Is Only Getting Worse For Sellers
• 01 Investor Mania Has Been Replaced By Investor Panic
• 01 Appraisals Did Not Really Matter A Couple Of Months Ago, But Now They Are KILLING Deals!

October (62)

• 31 The Housing Market Hit Kind Of A Brick Wall
• 31 If You Are A Seller The Price Is Critical And You Also Have To Pack Your Patience
• 30 The Crumbling Totems Of Hubris, Greed And Folly Will Become Scars On The Once-Joyful Hills
• 30 The iBuyer And Short Term Investor Market Has Made A Mess Of Things
• 29 How Little They Really Know About What They Imagine They Can Design
• 29 The Housing Market Appears To Have Officially Crashed
• 28 They’re Like Sharks That Can Smell Blood In The Ocean 10 Miles Away
• 28 Some Will Win, Some Will Lose
• 27 It’s Like A Tide, And At The Moment It’s Sinking All The Boats
• 27 The Housing Market Appears To Be In Free Fall
• 26 It’s Possible The Global Housing Boom Is Coming To An End
• 26 Realtors, Stay In Your Lane
• 25 Loans Become Bad From The Moment Of Creation
• 25 A Housing Market Stagnation
• 24 Sellers Are Going Through The Five Stages Of Grief
• 24 The Builders Are Running Scared And The Inventory Has Them Freaked Out
• 23 Sellers Have Increasingly Slashed Their Prices, Faced A Glut Of Competition And A Shrinking Pool Of People Who Can Afford To Buy
• 23 This Type Of Fraud Is Becoming More And More Common
• 22 A Governmental Fiefdom Of Alleged Philosopher-Kings Sowed The Wind And Are Now Reaping The Whirlwind
• 22 The Brampton Loan
• 21 We’ve Just Listed The Property And The Phone Hasn’t Rung Yet, What’s Going On?
• 21 Reasons Why You Should Buy Right Now!
• 20 Undergoing A Long-Awaited Transition After An Era Of Over Exuberance
• 20 New Build Market Will Be The First To Crash
• 19 Falling Property Values Could Trigger A Domino Effect
• 19 Prices Not Far Off From 2018 Levels
• 18 The Fear Is Compounded By The Fact That There Isn’t An Easy Exit From Homeownership Right Now
• 18 Selling Off UNFINISHED Properties
• 17 More Distress, Some Panic Selling, And Potentially More Downward Pressure On Prices
• 17 Delusional Sellers
• 16 One Of The Greatest Policy Errors Of All Time
• 16 Silver Linings Of The Housing Market Crash
• 15 Buyers Can't Qualify Or Afford, And Probably Don't Want To Catch Falling Knives Anyway
• 15 Media Vampires Celebrate A Housing Crash
• 14 Values Are Coming Down Because They Have To
• 14 It Is Not The Time For Panic
• 13 There’s Losers Already Happening
• 13 Fear Mongering The Housing Crash
• 12 Folks Who Bought At The Top Now Find Themselves Trapped
• 12 How Much Have House Prices Dropped?
• 11 We Are Fighting For Fewer Customers, Everyone Is Competing To Be Cheaper
• 11 Real Estate Has Entered A Cold Winter
• 10 There’s So Much Uncertainty Driving The Panic
• 10 Compare To The Same Time A Year Ago, A Lot Has Changed
• 09 Yes There's Stress, Yes It's Going To Get Worse, And Yes There's Going To Be Failure
• 09 The Market Crash You're Waiting For Is Already Here
• 08 A Typical Pattern Of Panic, Fear, And A Mad Scramble By Central Bankers
• 08 The Numbers Are Painting Our Future
• 07 What Began Imperceptibly Is Now Unmistakable
• 07 The Correction Phase Of The Housing Market Has Started
• 06 Death By 1,000 Slashes
• 06 Completely Different World From Even 6 Months Ago!
• 05 A Wave Of New Supply Is Leaving Some Sellers With Little Choice But To Accept Less Than They Paid
• 05 Real Estate Market Continues To Struggle
• 04 The Window Is Long For Things To Go Wrong, And They Have Gone Wrong
• 04 The Real Estate Market is Crashing
• 03 If You Bought At The Peak, You're Probably Kicking Yourself Right Now
• 03 Prices Have Been Dropping Around The Country
• 02 The Speed At Which This Has Happened Is Like An Icy Fear
• 02 There Is PAIN In The Markets!
• 01 Values Have Fallen So Much Even Selling Won’t Bail Them Out
• 01 Sellers Giving In..Low ball OFFERS Accepted

September (58)

• 30 Not Only Are Bubbly Markets Shifting Fast, They Also Look Like Early-Inning Housing Busts
• 30 Price Reduction Death Spiral
• 29 Hey, This Party Feels Like It’s Going To Keep Going, And There Is No Reason For It To Stop, And Then The Music Stopped
• 29 Interest Rate Hikes Pump Brakes On Fall Market
• 28 People Who Vastly Overpaid Could Have A Slight Loss In Equity
• 28 You Have Nothing But A Gut Feeling You're About To Be Robbed
• 27 Offers Being Made Now Feel Much More Grounded In Reality
• 27 Hidden Home Inventory
• 26 The Biggest Financial Bubble In The History Of Bubbles Continues To Deflate
• 26 Are High Interest Rates Starting To Tank The Average Sale Price?
• 25 The Values Tick Down, That Changes The Appraisal On The Next Contract, And Little By Little Each Property Starts Coming In Lower
• 25 How Long Will Prices Keep Dropping?
• 24 The Hangover From Loose Monetary Policies
• 24 What’s Left On The Market Are Have To Sell
• 23 Prices Are Falling As A Direct Result Of Sky-High Supply Paired With Comparatively Low Demand
• 23 There Are Tons Of Price Decreases Going On Right Now!
• 22 It’s A Stink Bid – They Are Trying To Steal The Place
• 22 Appraisals Are Coming In Lower Than The Purchase Price
• 21 Prices Went Up Too Fast
• 21 Sellers Lose Leverage
• 20 Many Owners Are Open To Taking A Loss To Sell As Soon As Possible
• 20 Beginning Of The End?
• 19 The Market Has Quickly Reversed From Excess Demand And A Shortage Of Inventory To 'We Have Inventory, But Demand Is Gone'
• 19 Revenge Of The Buyers
• 18 The Economy Is Now Like A Car That Has Lost Its Brakes
• 18 The Banks And Lenders Are Lying To Us
• 17 An Endless Money Pit Into Real Estate That Kills People
• 17 Oh That Real Estate Bubble
• 16 The Post-Covid Bubble Is Unraveling
• 16 Market Crash Or Market Correction?
• 15 The Concept Failed, Nobody Showed Up To Buy Any Lots Or Any Houses
• 15 New Wave Of Price Drops?
• 14 A Showcase Of Economic Malaise And Broken Dreams
• 14 Is This The Calm Before The Storm For Prices?
• 13 Panicked Sellers Have Emotionally Spiraled Into A Dark Place Thinking They Have Missed The Boat Forever And It Will Be Impossible To Sell
• 13 Prices Are Dropping Like Crazy Here!
• 12 Housing Inventory Levels Are Alarmingly High And Sales Are Cratering
• 12 How Fast And Abrupt The Downfall Was
• 11 Some Ran Away With The Money After They Failed To Sell All The Units
• 11 Is It Good, Bad, Or Just Downright Ugly?
• 10 This Sounds Like A Bad Science-Fiction Movie
• 10 How Much Have Prices Dropped?
• 09 It's Like Somebody Flipped A Switch
• 09 Months Of Price Gains Erased
• 08 Once You Sign The Dotted Line, There’s No Going Back
• 08 It's Going To Hurt
• 07 Folks Are Nervous And They’re Taking A Pause In Spite Of Having So Much Inventory In The Market
• 07 What In The World Is Opendoor Doing?
• 06 You Don't Need To Be A Statistical Giant To Know A Ghost Town When You See One
• 05 It's Making People Poor
• 05 BIG Price Declines
• 04 The Frenzy That Took The Market To Unprecedented Heights Is Completely Gone
• 04 There's Not A Crash?
• 03 The Original Conversation Was: 'You’re Out Of Your Mind'
• 03 Sellers Iron Grip Loosens As Bidding Wars Ease, Price Cuts Rise
• 02 What Was Common Just Months Ago Is Now Passe
• 02 NEW BUILD Nightmares
• 01 There’s No Point Digging In Your Heels For 2021 Prices Because They Don’t Exist Any More

August (60)

• 31 If At First You Don’t Succeed, Slash, Slash The Price
• 31 More Terrible News For The Housing Market
• 30 You're Either Going To Get A Lowball Offer, Or You're Just Going To Sit There
• 30 New Construction SLASHES Prices
• 29 It Has Come To A Grinding Slow-Down, With Price Reductions Every Day On Inventory That Is Not Selling
• 29 Time To Buy? Scared Sellers?
• 28 The Buying Binge Is Becoming A More Distant Memory Each Week
• 28 Goodbye Seller's Market
• 27 The Bubbles In Assets From Stocks To Coins To Real Estate Are Fizzling Out
• 27 Prices Singing A Sad Tune
• 26 Growing Price Cuts Are A Sign That Sellers Are Getting The 'It’s NOW Different' Message
• 26 Prices In North Texas Are Dropping
• 25 It’s Evident That Sellers Are Trying To Catch The Tail End Of The Frenzy … But They Just Missed It
• 25 Sell Now Or Wait?
• 24 Similar Stories Of Loss And Pain
• 24 How Much Have Home Prices Declined?
• 23 We Increase Prices Without Understanding That It Will Backfire On Every Single Part Of The Industry
• 23 Homes NOT SELLING!
• 22 The Frantic Pace Of Activity Seemed To Evaporate Overnight
• 22 New Home Sales Crater!!
• 21 The Last Two Years, We’ve Been Living In A Fantasy Land
• 21 Is The Housing Market Cooling Off Too Fast?
• 20 A Crazy Real Estate Market For Too Long Is A Formula For A Crash
• 20 $100k Price Reductions & Lagging Indicators
• 19 Investors Are Aggressively Pitching Lowball Offers And Prices Have Already Fallen Steeply
• 19 Seller FOMO Is Real
• 18 The Pandemic Housing Bubble
• 18 Scary Situation For Sellers
• 17 A Classic Case Of What Goes Up, Can Come Down
• 17 Builders In Trouble
• 16 The Elephant In The Room Has Spoken
• 16 Prices Just Got CUT AGAIN
• 15 What Was Once A Virtuous Cycle Has Turned Vicious
• 14 For Years, People Worshiped At The Altar Of Property
• 14 Thinking of Selling? Better Do It In August
• 13 What Happens When Central Banks Fall Behind The Curve
• 13 The Mortgage Trigger Point
• 12 Sellers Were Expecting Yesterday’s Price And Buyers Were Wanting Tomorrow’s Price
• 12 A Shocking Look At Bank Owned Homes
• 11 Most Buyers These Days Prefer To Wait For The Next One Rather Than Overpay
• 11 Some Sellers Are In Big Trouble
• 10 The Exuberance That Permeated These Markets Is Being Replaced By Fear
• 10 Downtown Down The Most?
• 09 Is The Winner Really The Winner? Or Are You The Loser?
• 09 Back To 2021 Prices?
• 08 Yes, You’re Down From The Peak, Which Was A Crazy Peak
• 07 The Halcyon Days Of Multiple Offers And TBD Pricing Are Likely Ending
• 07 Taking Air Out Of The Balloon
• 06 Buyers Are Increasingly Feeling Less Rushed And Are Holding Off For Cheaper Price Tags
• 06 Builders Need To Sell
• 05 What Was Once A River Of Cash Has Turned Into A Trickle
• 05 Is It Finally A Buyers Market?
• 04 How Are We Going To Get Out Of This Thing, I Might Have To End Up With Nothing
• 04 The Crash of Flipping Homes With Algorithms
• 03 Sellers Are Trying To Get Yesterday’s Prices
• 03 Terminated Contracts & Plunging Demand
• 02 We’re Coming Out Of A No Rules Era
• 02 This House Won't Sell
• 01 For Sellers Looking To Sell At The Top Of The Market The Reality Is It’s Already Too Late
• 01 If Home Buying Were Honest

July (59)

• 31 Without Expectations Of Price Gains, Investors Are Gone
• 31 How Far Did Prices Drop?
• 30 An Experiment That Failed Around The World
• 30 As Prices Are Reduced, Are Values Dropping?
• 29 It Becomes A Bit Like A Ponzi Scheme
• 29 The Dave Ramsey Double Speak Lead Generator
• 28 We’re Going To See A Lot Of People Jump Ship
• 28 How Low Will Prices Go?
• 27 Now The Whole Industry Is Panicking
• 27 Cancelled Listings SPIKE!
• 26 On The Wrong Side Of A Speculative Bet
• 26 It's Getting Worse
• 25 All Along It Was Out-Of-Control Speculative Demand That Was The Real Issue
• 25
• 24 People Who Were Putting In Stupid Prices, Now They Are Saying, The Market Is Going Down
• 24 Inventory Up 193%!
• 23 No One’s Been Thinking About What Happens When Things Go Down
• 23 Why Opendoor Will Close
• 22 When You’re A Fruit Picker Loaned 50 Times Your Salary, It’s Little Trouble To Walk Away
• 22 CCP Is Worried For The Growing Storm
• 21 Sellers Are Not Getting The Prices They Want, And They Are Incredulous At The Change
• 21 How Far Will Property Prices Drop?
• 20 Once The Music Stops And The Buyers Stop Coming Out, That Price Looks Ridiculous
• 20 The Manufactured Housing Bubble Finally Popped
• 19 Today's Sellers Feel They've Missed Out On The Hot Sellers' Market And In Some Ways They Have
• 19 Is China On The Verge Of Economic Collapse?
• 18 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
• 18 Why Home Prices Have Gone Down In A Shifting Seller’s Market
• 17 A Little Sense Of Seller FOMO, Where They’re Like, Oh No, We’ve Missed The Top
• 17 Discounts Coming!
• 16 Wait A Minute, I Thought This Was A Seller’s Market
• 16 Time To Change the Stress Test?
• 15 The Whole Pyramid Is Collapsing Now
• 15 Houses Not Selling?
• 14 Some Buyers Regret The Outlandish Bids They Made During The Early Spring Frenzy
• 14 Inventory Surges And Prices Decline
• 13 The Market’s Sugar High Is Over
• 13 The Market Popped!
• 12 Before We Were Doing All These Ridiculous Things
• 12 Summer Storm
• 11 Eye-Popping Price Increases And Bidding Wars Suddenly Seemed To Be A Thing Of The Past
• 11 Flippers Are Flopping!
• 10 It Is As If Increase Of Appetite Had Grown By What It Fed On
• 10 Where Did The Buyers Go?
• 09 The Sellers Are Hanging On For Dear Life
• 09 The Fall Is Happening
• 08 Low Ball Offers Are Coming In Hundreds Of Thousands Of Dollars Lower Than The Asking Price And As A Seller You Can’t Get Offended
• 08 Signs Point To A Crash - GET READY!
• 07 A Frank Message For Sellers Who Wonder If They Missed The Peak: Yes You Did
• 07 Prices Plummeting Back To Earth
• 06 They're Sitting On The Market For A Few Weeks To A Few Months And People Are Not Touching It
• 06 Buyers Are In Charge In Toronto
• 05 A Global Phenomenon Due To Monetary Policy Errors Repeated Across Multiple Advanced Economies
• 05 Mid-Year Housing Bubble Predictions
• 04 We’re Giving Away Our House At This Price
• 03 Even The Denialists Have Finally Come Around
• 02 Buyers Have Disappeared And Sellers Are Shocked
• 01 For Several Decades, We Have Traded Houses Among Ourselves At Ever-Increasing Prices In The Belief That We Were Creating Prosperity
• 01 Home prices are FALLING FAST

June (56)

• 30 This Is Not Money They’ve Lost – They Never Had It
• 30 Shocking Numbers Just Released For The Florida Real Estate Market
• 29 A Wintry Summer Is Brewing While Sellers Clamber For Yesterday’s Prices
• 29 Toronto Real Estate Is A Mess Right Now
• 28 I Think We've Hit The Ceiling, And You Know, It's A Really Big Ceiling
• 28 Park City, UT
• 27 The Deals From The Era Of Frenzy Continue To Result In Astronomical Losses
• 27 Nashville Sales Price Just Dropped
• 26 Supply Is Increasing At The Wrong Time And It Cannot Be Absorbed
• 26 Homes Down $388,000 In 5 Months
• 25 You Must Not Follow The Crowd In Doing Wrong
• 25 Buyer's Backing Out Of Deals
• 24 When Money Is No Longer Free
• 24 Debt Sheep Are Scrambling Like Rats
• 23 The Real Horror Show Today
• 23 Prices Fall $100K In One Month
• 22 Those Who Overstretched To Go All-In Could Soon Be Feeling Burned
• 22 These Prices Are Coming Down
• 21 A Glut Of Listings Are Being Met With Less Fervent Demand
• 21 BOISE HOUSING MARKET RESET
• 20 Buyers Made Snap Decisions With Huge Sums Of Money That — In Some Cases, They Never Actually Had
• 20 Listings Cancelled In Halton & Peel
• 19 When Everything’s Going Up, It Hides A Lot
• 19 Record Price Drops In The Phoenix Real Estate Market!
• 18 The Great Disinflation Of The Housing Market Is Clearly Underway
• 18 Home Builders Not Building? Holy Shift?!
• 17 No Protection From The Bloodbath
• 17 The Crash Is Here
• 16 How Do You Pull Money Out If You Just Lost It All?
• 16 Las Vegas - Turning Into A Buyer's Market With Slashed Prices?
• 15 Another Bloodbath In The Housing Market
• 15 SELL NOW
• 14 There's Panic In The Air
• 14 Buyers Starting To Regret Purchasing Property in a HOT Real Estate Market
• 13 Shock, Devastation And Embarrassment Over What Appeared To Be A Glorified Ponzi Scheme
• 13 Orange County Anaheim Hills 2022 Crash
• 12 It’s Not Complicated — It’s Interest Rates, And Now The Party Is Over
• 12 Panic In The Canadian Mortgage Market
• 11 They’re Taking More Time, Causing Sellers To Panic A Little
• 11 Things Are TURNING... but for who? Arizona
• 10 When Interest Rates Were Down, People Could Borrow More Than They Expected, Now The Reverse Is Happening
• 10 The Death Of Bidding Wars For Florida Real Estate
• 09 Agents Often Credit Motivated Vendors As The Reason For The Price Drop
• 09 New Lows For Home Prices In Brampton, Mississauga & Durham Real Estate
• 08 It Took A Few Months For Sellers To Realize The Demand They Counted On Was Not There Anymore
• 08 Housing Market In The GTA Is Starting To Crash
• 07 Sellers Are Having To Appreciate That The Joyride Is Over
• 07 Where Did The Buyers Go?
• 06 A More Striking Reversal Than We Experienced In 2005
• 06 Is the Jacksonville Real Estate Market Shifting?
• 05 For A Lot Of Buyers, That's Where The Rubber Meets The Road
• 05 Huge Price Drops For Homes In Brampton
• 04 There Isn’t One Mathematically Correct Answer To 'What Is Value'
• 03 There Is Panic In The Market
• 02 Buyer’s Remorse Kicked In The Minute The Papers Were Signed
• 01 Buyers Are Saying I’ve Had Enough And Sellers Are Starting To Freak Out

May (31)

• 31 Now Anger Meets Fear
• 30 Home-Buyers Have Become Hard To Find
• 29 The Safety Valve Of Being Able To Sell In A Rising Market Is No Longer There
• 28 Once The Hype Was Exposed, The Selloff Was Unforgiving
• 27 It’s A Very Different Conversation In February Than It Will Be In June Because The Market Has Completely Changed
• 26 The Once Ubiquitous Sold Over Asking Is Giving Way To Bought Under Asking
• 25 The Buyers Just Stopped Buying
• 24 We Thought These Would Fly Off The Shelf, Even After Cutting Prices, We Can't Even Give Them Away
• 23 It’s Painful To Get Back To Normal After Being In A Fantasy World
• 22 Unable To Sell For Even Close To The Price In March When They Bought
• 21 We're Hearing People Can't Qualify Now
• 20 The Economics For Investors Have Completely Blown Out
• 19 We Went From Everybody Freaking Out To Hey, Maybe I Should Walk Away From A Deposit
• 18 A Wave Of Buyer's Remorse Is Taking Shape
• 17 Nobody Saw A Lot Of This Stuff Coming
• 16 You’d Be Surprised What You Can Negotiate Down Right Now
• 15 The Reality Check Of Sugarcane Economics Starting To Hit Home
• 14 Most Get Into The Ponzi Scheme Knowing It Is A Bubble
• 13 If You Need To Sell, Sell Now, Because The Market’s Going Down
• 12 Everything That Has Been True In The Last Two Years Is Suddenly Not True
• 11 Some People Are Feeling A Little Remorse For Buying When Things Were Super Crazy
• 10 If They're Not Priced Right, You're Going To Start Seeing Reductions, Reductions, Reductions
• 09 Buyers Are Looking For Reasons Not To Pay So Much
• 08 This Had To Happen Sometime And It Seems That Time Is Now
• 07 Nobody Else Was Bidding, Did I Pay Too Much?
• 06 A Lot Of These Sellers Are Not Accepting The Reality Of What's Happening
• 05 Prospective Buyers Are Saying, I Don’t Have To Buy Today, Maybe I Can Get Another $50,000 Off
• 04 Inquiries From Buyers Collapsed And Prices Are Going In The Same Direction
• 03 No One Buys Because They Think The Prices Will Drop, So They Drop
• 02 I'm Up Shit Creek, I Never Thought They'd Give Me As Much Money As They Did
• 01 Officials Continually Spout Unsubstantiated, Possibly Phony, Estimates Of Housing Need

April (30)

• 30 Sellers Must Brace Themselves For Those Dreaded Words: The Market Has Spoken
• 29 I Was Misled, I Can’t Sell My House, It’s The Classic Tide Going Out Thing
• 28 It Feels Like Someone Turned The Lights Out
• 27 Advice For Other Sellers: Don’t Wait, If You’re Gonna Do It, Do It Now
• 26 The Risks Of Real Estate Bubbles Caused By Rumors And Herd Instinct
• 25 Some Guilt-Free Schadenfreude For You
• 24 Surrounded By Unfinished Buildings Constructed By Distressed Builders
• 23 Overnight, The Bottom Dropped Out On Us
• 22 There’s Going To Be A Drop In Their Expectations
• 21 A Familiar Script For Long-Time Observers Of The Boom-And-Bust Cycle
• 20 I Really Don’t Want This Property Anymore, I Don’t Want To Suffer
• 19 The Property Sector Is Now In The Darkest Moment With Lots Of Defaults And Consolidations
• 18 You Are Gonna See Some People In A Need-To-Sell Situation
• 17 That Gusher Of Essentially Free Money Is Now Dry
• 16 The Risk We Didn't Want To Look In The Eye Before – Is Now Here
• 15 No Matter The Acronym, Animal Spirits Have Changed Direction
• 14 There’s A Certain Amount Of Schadenfraude To All Of This
• 13 A Front-Row Seat To The Cracks Starting To Show In The World’s Hottest Markets
• 12 I Want To Be Done And Put it Behind Us!
• 11 More Supply Than Demand, With Frenzied Sellers Coming Late To A Dying Party
• 10 Many Sellers Realize That The Best Time To Sell Was Last Year
• 09 The Deja Vu Is Redolent
• 08 A Model Based On Aggressive Investments With Over-Optimistic Judgment Of The Market
• 07 If They Wait Two Months From Now, Is This Going To Be A Better Deal?
• 06 The Angry Investors Lamented Losing Their Hard-Earned Money
• 05 Buyers Are Ending Up In A Stronger Position, With More Time, Choice And Leverage
• 04 The Peak Of Rising Property Prices Was Fast Becoming A Distant Memory
• 03 It's A S--t Sandwich And Investors Are Scrambling To Find Out What Happened To Their Money
• 02 Paying The Price For That Long-Term Period Of Accommodative Lending
• 01 All Of A Sudden Sellers Are Realizing, Damn, I Kind Of Missed The Boat

March (31)

• 31 A Lot Of Sellers Are Saying, Hopefully I’ll Be Able To Get In Right At The Very End
• 30 Savvy Investors Will Walk Away When They Deem The Value To Be Less Than The Mortgage Balance
• 29 Everything Is Gone, Everything Is Bankrupt, It's All Gone
• 28 They Think They're Going To Make A Certain Amount Of Money, And They're Not
• 27 Investors Might Get FONGO As They Have Missed Their Chance To Cash Out
• 26 This Will End A Strange 7-8 Year Experiment
• 25 Plunging Sales, A String Of Defaults, Broken Promises To Investors And Revelations Of Previously Hidden Debt
• 24 It’s A Shock For Sellers When There’s A Sudden Shift
• 23 Buyers Are Getting Screwed Every Day
• 22 Too Many People Wanting To Sell And Not Enough Buyers To Go Around
• 21 When No-One Is Interested, Or No-One Thinks It’s Worth What The Seller Thinks It’s Worth
• 20 Ethically Challenged Humans Getting Impaled On The Horns Of Their Own Unicorns
• 19 The Potent Fuel That Propelled Markets Is Evaporating
• 18 A Vicious Cycle Of Panic Selling And A Collapse In Price
• 17 Central Banks Have Left The Barn Door Wide Open
• 16 You’re Going To See Some Bloodbaths Going On
• 15 The Math Favored Handing The Keys Back To The Lender
• 14 Some Owners Selling Their Homes In Desperation
• 13 The Power Of Bubbles To Deceive
• 12 The Herd Piles In At The Point Of Peak Excitement And Overpays Horribly
• 11 With The Increase In Supply, Purchasers Are Wary Of Paying Too Much
• 10 A Common Denominator In These Financial Calamities Is Timing
• 09 Unless Demand Increases, Prices May Fall Further And Faster If Listings Volumes Continue To Build
• 08 Widespread Reports Of Weakening Sales, Falling Prices, And Inability To Get Credit
• 07 People Are Getting A Grip And Saying, These Numbers Are Ridiculous
• 06 If A House Is Old, Rundown And Small, We Say It’s Cozy And Has Lots Of Character
• 05 Central Bankers Are Firemen Who’ve Arrived Late To An Inflation Fire
• 04 A Reality Investors And Sellers Alike Would Have To Accept
• 03 Sentiment Is Changing Rapidly, With Sellers Unable To Achieve The Prices Of 2021
• 02 Prices Are Falling And The Market Is Weakening Quickly As A Glut Of Properties Appeared
• 01 The Fear Of Paying Too Much Is A Difficult Proposition For Vendors, All Of A Sudden

February (28)

• 28 There’s A Huge Supply But No Demand
• 27 Serious Problems That May Have Been Covered Up By The Huge Abundance Of Liquidity
• 26 Buyers Have Poured Their Saving And Earnings Into Their Homes, They Are Betting They Will Recover Both
• 25 Some Owners Have Had To Sell Very Much Below Their Expectations
• 24 Some Desperate Owners Have Sold At A Loss
• 23 The Same People Who Are Always At Risk When Rates Start To Climb: They Just Bought A House, They Paid Too Much
• 22 The Unpleasant Scenario Is They'll Be Stuck With A House They Overpaid For
• 21 An Industry Reeling From An Unprecedented Stretch Of Defaults
• 20 Because Everyone Made The Same Bet Everyone’s Balance Sheet Starts Unraveling At The Same Time
• 19 Those Bubbles Have Been Premised On The Assumption That Interest Rates Would Stay Low Forever
• 18 The Concept Of Too Big To Fail Obviously Has Been Proven Wrong
• 17 Higher Rates, Tighter Credit And Rising Supply Are Now All In Play
• 16 The Price Drop Might Be Coming From Appraisers Putting The Kibosh On Overzealous Sellers
• 15 The Upwards-Spiral Era Of Home Prices Is Gone
• 14 The So-Called Golden Age, When Prices Only Went Up, Had Come To An End
• 13 You Guys Seem To Believe That You Actually Controlled Inflation
• 12 A Series Of Bad Decisions That Are Constantly Being Patched Up And Made Even Worse
• 11 Despite Winning The Bid, None Of Them Paid
• 10 He’s Got No Hope Of Selling, He Couldn’t Give It Away
• 09 One Home Builder After Another Defaulted On Their Debts Or Pleaded With Creditors
• 08 Are Investors, Like Wile E. Coyote, Just Starting To Look Down?
• 07 Forced To Sell Out Once-Grand Visions
• 06 People Get Hurt Believing In Stuff That Defies Rational Thought
• 05 Some Facts That Are Inconvenient For The REIC Narrative
• 04 The Late Stages Of A Speculative Fever
• 03 They Probably Had Bigger Eyes Than Brains
• 02 The Proverbial Tide Went Out
• 01 The Great Global Experiment On Free Money Is Drawing To A Close

January (31)

• 31 We Thought It Was Here To Stay, But Maybe It’s A Golden Age That’s Come To An End
• 30 Sellers Will Not Be Able To Simply Wait It Out Till They Get The Price They Want
• 29 Does Anyone Benefit?
• 28 Prices Are Likely To Peak And Then Go Into Reverse, As Potential Buyers Will Be Able To Borrow Less
• 27 If Lending Criteria Stays As It Is, It Is Expected That Properties Will Continue To Sit
• 26 Prices Are Falling And The Property Market Craters
• 25 Investors Tend To Be Leveraged Up To The Eyeballs
• 24 The Runaway Prices Have Come To An End
• 23 Trees Don’t Grow Tall Forever
• 22 A Massive Amount Of Credit Has Been Loaned To Borrowers With Questionable Ability To Repay
• 21 Everyone Thought The Housing Binge Would Last And The Only Direction For Prices Was Up
• 20 Events Of Default Will Occur Or Have Occurred
• 19 We've Seen The Mother Of All Booms, It's Pretty Much Ended
• 18 Investors Are Starting To Count Their Losses
• 17 Consumers That Were Previously Approved Are No Longer
• 16 Unprecedented Levels Of Stress Threaten To Drag Good Credits Down With Bad
• 15 Carrying A Monetary Policy Nuclear Football
• 14 If We Call The Past Decade A Golden Age, It Is Now Trapped In The Age Of Rust
• 13 The Debacle Adds To A String Of Defaults And Distress
• 12 It’s Unclear That We Have Learned The Lessons Of 2008
• 11 Wishing For A Pony, And A Unicorn To Boot
• 10 Any Investor Willing To Take On That Loss Would Be Gambling
• 09 The Belief That The Value Will Only Go Up Can Turn Into Bubble Behavior
• 08 Chained To The Cost Of Money That Could Become A Noose For Some
• 07 The Right Plane But The Wrong Airport
• 06 A Train Wreck That Everyone Saw Coming
• 05 Not Every Borrower Can Be Helped
• 04 Members Of The Crowd Shouted Return Our Money!
• 03 A Parade Of Unfavorable Media Headlines Threatens To Keep Potential Buyers At A Distance
• 02 Living In A Collective Delusion Of Money
• 01 Housing Bubble Predictions For 2022

December (31)

• 31 Investors Fear They Will Never Get Their Money Back
• 30 The Writing Appears On The Wall
• 29 Cash Flows Suddenly Dried Up As Overexposed Investors Struggled To Meet Repayments
• 28 It Will Be Shocking To Many People Who Have Only Experienced Rates Falling
• 27 The Lending Environment Got Much Tighter And A Credit Crunch Is Now Under Way
• 26 The Exodus Appears To Be A Long-Term Trend
• 25 Football Fans Refer To This Strategy As A Hail-Mary Pass
• 24 A Situation Where There’s Artificial Scarcity And A Risk That You Overpay
• 23 Everyone Is Trying To Time The Top Of The Market
• 22 There Will Still Be Somebody Getting Screwed By Somebody Somewhere
• 21 Many Need To Sell Their Flats And Other Assets At Big Discounts
• 20 Homeowners Are Heavily In Debt, Maxing Out The Equity On Their Over-Priced Homes
• 19 To Kill The Golden Goose
• 18 The More Prices Detach From Long-Term Fundamentals, The Harder They’ll Fall
• 17 It Remains Unclear Just How Many Joe Schmo Buyers Went Down With The Ship
• 16 Alright, Pack Up Ship And Then Cut The Fat
• 15 Once The Herd Has The Perception That The Rocket Ride Is Over, It Can Rapidly Become Self-Fulfilling
• 14 For House Values To Come Back That Much Would Be Catastrophic
• 13 Many Who Bought Earlier Are Aghast
• 12 The Losses Reflected The Reckoning
• 11 A Case Of Golden Promises Or Just Fool’s Gold?
• 10 It Means Another Lost Decade
• 09 That Model May Not Be Working
• 08 The Party Is About To End As Central Banks Look To Take Away The Punch Bowl
• 07 Every Roller Coaster Eventually Returns To The Station
• 06 Almost All Will Be Lost
• 05 They Were Slow To Reduce Their Price And They’re Having A Hard Time Selling
• 04 In The Twilight Of An Incredible Boom
• 03 Piling Downward Pressures On Home Prices
• 02 The Juice Isn't Worth The Squeeze
• 01 They're Waiting For The Price To Adjust And It Takes Sellers A Couple Of Months To Figure That Out

November (30)

• 30 To Put It Simply, This Is A Bottomless Hole
• 29 A Sign That Speculative Buying Could Become A Thing Of The Past
• 28 It’s Whatever Works At The Time, And It Keeps Changing
• 27 As Usual, An Exhilarating High Is Almost Always Followed By A Steep Fall
• 26 Another Horrible Deal, With The Glittery Promises Clearly Anything But Gold
• 25 Get Real, Average Turkey
• 24 Cutting Its Losses, Leaving Sellers Holding The Bag
• 23 When The Market Cools, Investors Actually Become The Pessimists
• 22 Million-Dollar Condos With Ten-Dollar Views
• 21 Entities Who Are Currently Attempting To Stave Off Their Creditors
• 20 We Caused A Boom, And Now We’ve Got To Try To Avoid A Bust
• 19 Some Folks Just Stepped Back And Said, What Are We Doing?
• 18 It's Been One Wild House Party -- That Might Be Over Now
• 17 People And Companies Have Never Been So Leveraged
• 16 Previous Investment Logic Has Collapsed
• 15 Clearly On The Brink And Sleepwalking Into Disaster
• 14 You Are Starting To See Some Sellers Get Pinched
• 13 It Seems They Are Clearly Lying
• 12 Investors Will Likely Have To Absorb Some Losses Now That The Music Has Stopped
• 11 The Housing Market Is Well And Truly Past Its Peak
• 10 Welcome To The Real World Where They’re Always Too Slow To Act
• 09 Developers Are Making The Situation Worse By Rapidly Selling To Raise Cash
• 08 Reality Always Strikes!
• 07 Not On Shaky Ground — But In Quicksand
• 06 An Image Of Cheerful Helpers Letting You Stay In Debt Indefinitely
• 05 If They All Suddenly Wanted To Exit At The Same Time, They Couldn’t
• 04 Sliding From Boom To Bust In Spectacular Fashion
• 03 As Winter Has Come, Everyone Feels Cold
• 02 Many Sellers May Have Waited Too Long
• 01 Angry Homebuyers Are Chanting, Give Us Our Money Back

October (31)

• 31 2021's Version Of June 2013 Already Happened
• 30 The Final Meltdown Has Ceased To Be A Purely Intellectual Thought Experiment
• 29 Some People Made A Stupid Bet That They Could Borrow Money For Nothing Forever
• 28 The Whole Housing Market Is On The Skids
• 27 It Will Deal A Blow To Speculators
• 26 The Daily Increase Of Reductions An Indication Of A Price Threshold
• 25 Investors Might Need To Offer Steep Discounts If They Want To Sell Fast
• 24 It Is Far From A Given That The Wheels Will Stay On The Bus
• 23 Demand From Ordinary Buyers Is Subdued, No Matter What The Media Might Be Telling You
• 22 The Era Of Blind Property Worship Is Nearing An End
• 21 They Have Been Left Holding The Bag
• 20 If Property Prices Stop Growing, We Won’t Buy
• 19 This Could Send Housing Prices In A Downward Spiral
• 18 Owners Trapped Paying Ongoing And Often Growing Expenses For An Asset They No Longer Want
• 17 Economic Pain To Alter Expectations That Prices Will Always Rise
• 16 The Perception That It's A Good Investment Makes It A Good Investment
• 15 When You Take Risk Out Of The Equation, Investors Make Even Worse Decisions
• 14 It Was The Place To Buy, Until It Wasn’t
• 13 Buyers Are Starting To Say Whoa, Wait A Minute, What Are We Doing Here?
• 12 Greedy Sellers Are Chasing Ghosts Of Months Past
• 11 A Pig Moving Through A Python
• 10 The Value Of Their Biggest Asset Could Drop Through The Floor
• 09 A Striking Resemblance To Japan In The Late 1980s
• 08 You're Gonna See Some Sellers Panicking A Bit
• 07 Desperate Investors Being Left High And Dry
• 06 The Twilight Zone Between Illiquidity And Insolvency
• 05 Unsustainable And Illusory
• 04 Monsters Lurking Just Under The Waves
• 03 Everyone Wants In On This Rocket To The Moon, Which Is Why The Clampdown Is Coming
• 02 It Was Always What Nobody Thought Of Or Everybody Figured Couldn’t Possibly Happen
• 01 The Main Mechanism For Wealth-Building Goes Into Reverse

September (30)

• 30 When The Music Stops, There’s Nothing To Distribute
• 29 Investors Threatened To Jump From A High-Rise Building To Protest Rapidly Declining Value
• 28 Excessive Indebtedness Without Real Income Or Assets To Support It
• 27 A Wonder Drug That Cures The Macroeconomic Diseases It Causes
• 26 Imaginary Wealth That Exists Only On Paper
• 25 A Growing Percentage Of Sellers Quickly Learn That They’ll Have To Get Real
• 24 A Ponzi-Like Scheme In Which Investors Were Taken For A Ride
• 23 Sellers Realize The Window For Cashing-In Appears To Be Closing
• 22 The Money Has To Come From Somewhere
• 21 No Question, More Pain Is Coming
• 20 A Win-At-All-Costs Attitude May Have Contributed To The Sense Of Regret
• 19 Many Sellers Regret Becoming Unsatisfied With The Offers They Declined
• 18 A Pack Of Fools
• 17 This Is A Feature Of Fiat, Not A Bug
• 16 A Nice Word For Busts
• 15 More Sellers Start To Realize They Can’t Sell Their Distressed Properties At Market Rate
• 14 Sellers Who Were Hoping For Top Dollar Are Suddenly More Realistic And More Motivated
• 13 People Are Having To Get A Little More Realistic About Their Pricing
• 12 You Get Crashes After Unbelievable Price Growth
• 11 The Financial Heist Is Its Faith, A Religion Of Greed
• 10 A Lot Of Overpriced Homes On The Market And They Are Sitting
• 09 We Had This Big Influx All Of A Sudden
• 08 You Don’t Expect It To Go Down, That’s Heartbreaking
• 07 The Buying Frenzy Is Like So Yesterday
• 06 A Highly Obvious Yet Ignored Threat
• 05 There's A Lot Of, Hey, Homes Only Go Up In Value
• 04 A Market Value Based On The Greater Fool Syndrome
• 03 Rising FOMO Among Sellers Could Help The Trend Continue
• 02 Accumulating More Days On Market And Numerous Price Reductions
• 01 The Sky Is No Longer The Limit

August (31)

• 31 I’ve Cried Many Nights, Thinking, Where’s My Money?
• 30 We’re Going To See People That Want To Panic Sell And Just Get Out Of The Market
• 29 It Became More Trouble Than Profit
• 28 Sanity Is Returning And Competition Is Softening
• 27 Don’t Be The Last One Off The Ship When It Springs A Leak
• 26 You Chose To Buy A Home That You Can’t Afford
• 25 The Dystopian Nightmare Was Part Of The Reason For The Price Reduction
• 24 Sellers Dropping Their Asking Prices Can Ring Alarm Bells
• 23 Let's Cut Our Losses, Just Get Us As Much As You Can For This
• 22 Investors Are Selling At Losses, They Are Getting Out Period
• 21 The Only Way Out Is Up
• 20 People Borrowed Activity From The Future, And Now It Seems The Future Has Arrived
• 19 Obviously The 2009-2010 Numbers Are Gone, They're Out The Window
• 18 I Can Accept That Prices Do Fall, And Have Fallen, I Was Shocked That It Was By So Much
• 17 Getting The Calls From SELLERS Who Feel The End Of The Good Times Is Near
• 16 We’ve Trained Them To Believe That It’s Red Hot With No End In Sight
• 15 The Market Appears To Be Going On A Poseidon Adventure, Sailing Into A Tsunami
• 14 Getting In On The Housing Bonanza, Investors Willing To Take A Loss
• 13 I Won't Get Out, It's Very Hard For Us To Find Another Purchaser
• 12 They Aren't Getting Any Offers And Are Panicking
• 11 It Could Even Be That Time Has Already Run Out To Sell For A High Price
• 10 Asking Their Lender To Accept Net Proceeds Short Of Their Outstanding Mortgage
• 09 Speculators Looking To Leave Their Developments Behind At Bargain Prices
• 08 A Very Bad Diet Of Cheap Money And Delusional Thinking
• 07 There’s Still No Need To Panic
• 06 It’s Not A Matter Of If But When This Housing Bubble Will Burst
• 05 The Question At The Forefront Of Everyone’s Mind
• 04 We’re Seeing A Little Bit Less Interest, That’s Reflected In The Prices
• 03 The Mania Is Now In The Rear View Mirror
• 02 Betting That Property Prices Will Never Fall
• 01 Sellers Are Choking The Proverbial Goose That Laid The Golden Eggs

July (31)

• 31 Buffoonery, Horseplay, Crude Characterization And Ludicrously Improbable Situations
• 30 The Higher Markets Flew During The Boom, The Harder They Will Fall
• 29 A Vicious Cycle Where High Discounts Can Result In Massive Losses
• 28 The Suddenness Of That Shift Was Difficult For Sellers To Manage After A Red-Hot Market
• 27 The Final Nail In The Coffin Of The Housing Boom Narrative In The Media
• 26 Investors Lose Money Because They Adopted The Herd Mentality And Bought At The Top
• 25 The Most Ignorant People On A Subject Will Be The Least Aware Of Their Own Ignorance
• 24 We Are Seeing This Crazy, Insane Market Soften
• 23 If We’ve Reached The Top, I Don’t Want To Be The Last One To Pay The Highest Price
• 22 We Certainly Are Taking A Haircut
• 21 Some Sellers Are Getting A Little Frantic
• 20 Everyone Who’s Willing To Overpay For A House Already Has
• 19 What Happened To The Red-Hot Market?
• 18 We Are Actually Seeing Price Reductions On Homes That Haven’t Sold
• 17 The Political Establishment Have Sold Their Souls To The Devil
• 16 Fear Of Missing Out Fades Into A Prevailing Sense Of Wait And See
• 15 Sellers’ Normal First Reaction Will Be Denial
• 14 Great, I Have To Give Away Six Months Free, Well Then Why Am I Buying This Now?
• 13 A Reminder That Property Is An Illiquid Asset With Monthly Holding Costs That Need To Be Serviced
• 12 People Are Going To Try To Hold Until They Can't And Then We Get Defaults And Foreclosures
• 11 They’re Not Even Getting The Price They Would Have Two Months Ago
• 10 We’ve Seen This Movie Before
• 09 Can You Fog A Mirror?
• 08 Someone Got Hosed
• 07 It’s The Same Shit Now
• 06 It Is Time For Real Estate Speculators To Give Up Their Fantasy
• 05 Mid-Year Housing Bubble Predictions
• 04 A Long, Flatulent Sound Of Air Being Let Out Of A Big Party Balloon
• 03 Progressive Intentions With Feudal Results
• 02 A Lot Of Buyers Are Becoming Disillusioned With The Market And Are Waiting For Prices To Fall
• 01 Buyers Only Want To Buy During A Sellers’ Market

June (30)

• 30 My Investments Are To Make Money, Not Toss It To The Wind
• 29 It Is Disastrous For Investors Who Purchased At The High Prices
• 28 It Is A Mistake To Bank On The Alchemy Because There Are No Guarantees
• 27 While Supply Rose, Demand Plummeted
• 26 Determined To Make An Economy Out Of Trading Non-Productive Assets Between Each Other At Higher And Higher Prices
• 25 Lenders Are Worried This Runup Will End The Way The Last One Did
• 24 They Are So Deep In The Hole
• 23 There's Going To Be A Lot Of Owners Holding The Bag On This Thing
• 22 How Many People Have Gone To Jail As A Result Of The Panama Papers?
• 21 It’s Possible The Market Overshot And Is Now Settling At A New, Higher Plateau
• 20 Escaping All Proper Control
• 19 The Same Force Leading To New Supply Reduces The Ability Of Buyers To Keep Interested
• 18 A Reversal Of The Unsustainable Spike Is Unfolding
• 17 The Frenzy Is Not There
• 16 Ownership Is The Dream…And The Devil's Bargain
• 15 The Seller Said Obviously The Market Was Speaking
• 14 We're Stuck, We Can't Sell, And We Can't Leave
• 13 Ambitions Not Aligning Directly With Reality
• 12 This Was Never Part Of The Plan
• 11 This Is Known As A Buyers Market, It's Rock Bottom And Can Never Go Lower Than These Prices
• 10 All Hell Will Break Loose If We Start Doing That!
• 09 A Shack Isn’t A Veblen Good
• 08 Buyers Are Finally Saying, I'm Not Going To Pay It
• 07 Let Me Get Out Of This Before It’s Too Late
• 06 Sellers Will Just Have To Accept A Lower Price
• 05 Frenzies Come And Go, Beanie Babies Did, So Did Pet Rocks
• 04 What’s Changed Is Supply
• 03 A Brief Squint At The Sun Before Falling Back Down To Earth
• 02 All Of These Disasters Brought To You By The Total, Self-Assured Unanimity Of The Highly Educated People Who Are Supposed To Know What They’re Doing
• 01 Horror Stories Being Driven By Stupidity And Greed

May (31)

• 31 Leveraging Works Both Ways, Mate
• 30 Owners Were Ready To Sell And Cut Their Losses
• 29 Of Course, Everybody Wants To Live In The Most Beautiful, Desirable Place, And We All Know What Happened
• 28 Left Holding The Bag, They May Walk Away Or File Bankruptcy
• 27 For Many People, These Just Become A Noose Around Their Neck
• 26 Extrapolated Expectations Eventually Hit A Wall
• 25 A Brick-And-Mortar Sitting Duck
• 24 We Thought Our Nightmare Was Over, But It Was Just The Beginning
• 23 Emotional Arguments Are Further Proof That Buyers Are Essentially Gambling
• 22 The Dutch Had A Similar Lolly Scramble Didn’t They?
• 21 Oh! Somebody Wants Our Money! Please Take It From Us
• 20 This Is Not Showing Enthusiasm From Vendors Who Are Capturing Hot Prices, It’s Them Wanting To Get Out Of A Market That’s In A Lot Of Trouble
• 19 It’s Gut Wrenching To Think You Fork Out All This Money
• 18 It's Still A Long Way Back From The Moon
• 17 A Sense Of Deja Vu That It Is 2006 All Over Again
• 16 Owners' Last-Ditch Attempts To Recoup Their Losses
• 15 What Changed, Predictably, Was Everything, But Not All At Once
• 14 The Prospect Of Being Under Water On Day One
• 13 Sellers Are Watching A Couple Of Lowball Bids – Or None At All
• 12 Some People Think There Could Be Huge Losses If There Is A Decline In House Prices
• 11 Confirming The Age-Old Saying: What Goes Up, Must Come Down
• 10 As Long As These Units Remain Unsold, Their Cash Is Stuck In The Ground
• 09 You Can See This Isn’t Sustainable For Anyone
• 08 Is It Simply Madness And This Is Another Real Estate Bubble?
• 07 The Incredible Froth Is Settling Down
• 06 It's Strange, People Aren't Offering Less, They're Just Deciding To Watch It And See If It Comes Down
• 05 Is This The Last Hurrah For A Market That Has Been Having A Spectacular Run?
• 04 A Homebuyer Who Has A Modest Down Payment Could Be Stretched To The Point Where The Sale Just Doesn’t Work For Them
• 03 Owners Were Advised They Should Expect To Take A Loss, But It Was Their Best Hope
• 02 It's Going To Leave Us All Wondering What Kind Of Value Does It Have?
• 01 What Makes It A Bubble Is These Crazy Outliers Are Becoming The Norm

April (30)

• 30 Holding On Is A Horrible Thing When The Market Is Going South
• 29 The Buyers That Are Winning The Bids After All That Frenzy Are Getting Some Type Of Buyers Remorse
• 28 The More Likely Source Of Risk Comes Down To Leverage, As It So Often Does
• 27 That Was My American Dream, Now It Looks Like We Might As Well Let It Go
• 26 As Soon As A Home Becomes An Excellent Return On Investment, It Grows Out Of Reach For What Locals Earn
• 25 Our Governments Have Left The Masses Of Available Money To Create Illusory Wealth, And To Borrow Against That Wealth
• 24 The Real Culprits Are The Ones Doing The Inflating
• 23 The Crazy Froth In The Market Is Ending
• 22 If You Want To Hear Horror Stories, You Can Find Them
• 21 They Are Distressed And They’re Prepared To Sell At A Loss, If They Can Find A Buyer
• 20 Oversaturated With Inventory, Slow Sales And Dropping Prices Is The Norm
• 19 The Reality Is People Have More Options Because More Housing Is Being Built
• 18 That Golden Sunrise Ahead Turned Out To Be An Oncoming Train
• 17 Since The Fuse Is So Short, There Is A Lot To Lose
• 16 Investors Will Be The First To Regret They Gambled On The Continuation Of The Housing Ponzi
• 15 The Projects That Have Sold Are Often Accompanied By Rumours Of Widening Discounts
• 14 The Poor Chap Who Signs On The Dotted Line Is Always At The Losing End When It Comes To Default
• 13 People Who Suddenly Find Themselves Underwater Will Start Walking Away
• 12 If You’ve Already Purchased A Home That You Regret, There’s Still Hope
• 11 In The End There Will Be A Catastrophic Event And We'll Say Why Didn't We See That Coming?
• 10 This Mass Exodus Has Left Owners And Landlords With An Accumulation Of Vacancies And Not A Lot To Stand On
• 09 Many Of Them Are In Really Tough Situations, They’re Living Hand To Mouth
• 08 If They're Not Getting Rent, They Can't Pay Their Mortgage So They're Facing Foreclosure
• 07 There Is A Saying That Goes, Never Catch A Falling Knife
• 06 We Are Going To Have To Sell, It’s Devastating
• 05 If They're Not Going To Get A Deal, They're Not Going To Buy
• 04 A Life-Long Debt Trap To Buy A Place To Call Home
• 03 Awash In Price Cuts, Even Famously Successful Builders Are Seeing Red Ink
• 02 Many Of Them Indulged In Unbridled Borrowing Amid A Red-Hot Market But Now Find Themselves Grappling With Sharply Weaker Demand
• 01 Buyers Are Throwing Out These Ridiculous Offers And They're Getting Uncomfortable

March (29)

• 31 Prices Will Come Under Significant Pressure If Everyone Heads For The Exit At The Same Time
• 30 Many Of Them Are Facing Foreclosure And Have Exhausted Their Savings To Keep Their Investment
• 29 The Moral Hazard Has Created The Belief You Can’t Lose
• 28 When Do I Get My Comeuppance?
• 27 Howls Of Protest From These Parasites Deserve Little Sympathy
• 26 It Seems That The Misery Is Far From Over
• 25 Overleveraged Mortgagers Might Be Facing A Hint Or Even A Significant Sense Of Buyer's Remorse
• 24 The Question Is, Will There Be Some Assets For The Victims?
• 23 Investors Have To Think: Am I Going To Be Able To Pay That Back?
• 22 The Market Cooled, Values Fell, The Bubble Had Burst
• 21 The Fever Rages Until The Sky Is Falling, Sell, Sell, Sell
• 20 This Financialisation Of Housing Is A Worldwide Trend
• 19 A Vicious Cycle, In Which Each Price Cut Increases The Chances Of Another Price Cut
• 18 Leaving Many In A Vicious Cycle Of Growing Debt, Asking Where’s The Money?
• 17 For Investors, Negative Equity Is Just One Part Of The Problem
• 16 Many Balk At The Deep Discounts Would-Be Buyers Are Seeking
• 15 I Can Afford It, So How Am I Going To Get My Hands On More Money?
• 14 They’d Rather Overspend Today To Ensure They’re Not Priced-Out Tomorrow
• 13 The Losses Are Heavy, But What I Want Now Is To Lose As Little Money As Possible
• 12 Where There Is A Glut And Supply And Demand Are Out Of Balance
• 09 We Couldn’t Have Seen Excessive Price Rises Without A Permissive Debt Market
• 08 The Market Became Insane To The Point Where Anything That Was Built Sold
• 07 A Market Where Units Are Piling Up Amid Near-Record Vacancies
• 06 A Discount Isn’t Unusual In An Entrenched Buyers’ Market
• 05 A Key Issue To Be Resolved Will Be Which Parties Take The Loss
• 04 They’re Not Going To Be Throwing Good Money After Bad
• 03 Owners Are Losing Interest, Losing Money Or Losing Hope, And Are Now Considering Transacting
• 02 Construction Is Booming Alongside Falling Prices And Excess Inventories
• 01 The Difficulty In Selling Stems From Its Price Point

February (28)

• 28 It’s A Big Drop From What You’ve Been Sold
• 27 Right Now It’s A Screaming Good Deal, Why Not Have Two Of Them?
• 26 The Gravy Train Is Well And Truly Over
• 25 A Growing Number Of Somewhat Sketchy Lending Practices
• 24 Sellers Are Getting More Flexible As Their Once-Unwavering Trust Falters
• 23 Too Many Real Estate Businesses Are Living In A Fool’s Paradise
• 22 It Crushes Some Dreams At Times, But There's No Time For Hopes
• 21 This Glut Of Inventory Means Prices Have Even More Room To Fall
• 20 Buyers Are Looking For Better Deals And Sellers Thinking, Why Do I Give My Property Away Now?
• 19 There’s Currently No End In Sight When It Comes To Falling Prices
• 18 This Was A Great Business But We Would Like To Get Out
• 17 All This Product Is There Because Of What The Demand Used To Be
• 16 The Tide Has Gone Out For A Lot Of People
• 15 There Are Implications To Our Ability To Create Wealth If Our Houses Appraise For 50% Less Than Its Value
• 14 If Sellers Keep Dropping Their Prices, It Can Start A Downward Spiral
• 13 Turning Obfuscation Of Profit Into An Art Form
• 12 The Largest Surplus Of Properties Since The Advent Of Democracy
• 11 They Finally Decided They Didn't Want Our House So We're Going To Lower The Price Even More
• 10 We Wish That New Owner The Best Of Luck
• 09 There’s A Lot More Pricing Discovery Today
• 08 Another Owner Simply Walks Away From A Struggling Property
• 07 The Return Of Investment Is Not Looking Good
• 06 We’ve Got Way Too Much Supply, It’s Hand-To-Hand Combat
• 05 After Years Of Speculative Buying And Hoarding, Investors Have Found Themselves Stuck
• 04 The Best Day For A Lender Is The First Day, After That Stuff Can Go Bad
• 03 Reminders To Home Sellers That The Sky Is Not The Limit
• 02 Investors Started To Realise That They Might Have Bought Into A Mirage
• 01 It Was A Bad, Perfect Storm

January (31)

• 31 There Is Only So Long Some Investors Will Be Able To Keep Their Investment Going
• 30 Bull Markets Have A Way Of Masking The Risks
• 29 Now This Illusion Is Faltering
• 28 It's On My To Do List To Try Another Price Cut
• 27 There Will Be Banks That Go Under
• 26 Valuations Are On An Untethered Space Walk Away From Few Private Market Comparables
• 25 Its No Wonder That Sellers Are Slashing Prices In A Bid To Make Them Stand Out
• 24 Now We're Just Trying To Stay Afloat
• 23 At Some Point, They Just Have To Wait For People To Show Up
• 22 If I Had Known Then What I Know Now, I Wouldn’t Have Bought Into This
• 21 Investors Are Weakening
• 20 What Seemed Like A Surefire Investment Now Weighs On The Wallets Of Owners
• 19 The Very Issue That Was Meant To Be Different This Time Around Will Be Repeated
• 18 The Sky’s The Limit, But That Sky Came Crashing Down
• 17 The Dream Has Been Fading For A Long Time, And People Have Been Voting With Their Feet
• 16 There Is A Lot Of Hurt Coming
• 15 They're Talking About Just Turning Their Property Over To The Bank
• 14 It’s Not Like We Just Sit On Our Piles Of Gold And Run Our Fingers Through It
• 13 A Softer Market Environment With Abundant Inventory, Slower Sales And In Quite A Few Cases, Reduced Prices
• 12 There's A Willingness To Negotiate Because You’d Rather Get Something Than Nothing
• 11 We Are Now Seeing A Lot Of Lenders Saying, You Owe Me Money
• 10 Not Part Of The Conversation
• 09 A Similar State Of Free Fall
• 08 The House Was An Investment As Well As An Assured Source Of Income, It Has Instead Become A Liability
• 07 A Downturn Could Lead To Panic Selling By Some Investors
• 06 The Developers Need Money And We’re Starting To See Headlines About Banks Trying To Foreclose
• 05 It’s A Story That Never Gets Old
• 04 Asset Classes Have Spent The Last Nine-Plus Months On A Skyscraper Elevator In Freefall
• 03 If They Haven’t Been Able To Find Employment, And Haven’t Been Able To Sell, Foreclosure May Be The Unfortunate Circumstance
• 02 Housing Bubble Predictions For 2021
• 01 It's Quite A Big Leap To Consider That Now You May Not Get Back What You Paid For From Your Beloved Home

December (31)

• 31 A Whole Bunch Of First-Time Buyers From Five Years Ago, Now They’re Stuck
• 30 It’s A Bifurcated World, But That’s How The Cookie Crumbles
• 29 They’re Afraid They’re Going To Lose Their Property
• 28 Real Estate Is Not Really Their Area Of Expertise, Loaning Make Believe Digital Money Is
• 27 Buyers Want Their Pound of Flesh
• 26 From A Volume Correction To A Value Correction
• 25 Investors Have Been Scrambling To Sell And Prices Have Diminished When They Manage To Do So
• 24 Hey, Where Do You Want To Live?
• 23 This Demand Shift Can Manifest In Price Changes As The Market Finds A New Equilibrium
• 22 A High-Profile Implosion Full Of Intrigue, Excess, And Downright Foolishness
• 21 It’s The Musical Chairs Of Different Ownership
• 20 We Can Use The Word Bubble For This, As Long As We Don't Then Assume It Has To Pop
• 19 When A Business Closes, It Sets Off A Chain Of Reactions That Ripples Through The Economy
• 18 Many Owners Have Just Left Their Keys And Walked Away
• 17 There Will Be A Period Of Tremendous Pain, Properties Will Go Into Foreclosure Or They’ll Be Forced To Sell
• 16 Where You Have Very Difficult Pricing Discovery
• 15 The Biggest Misconception People Have Right Now
• 14 Investors Are Now Having To Accept Losses On Rent Or A Loss When They Sell
• 13 Some Perspective On The Real-Life Market Mania
• 12 Now, The Bottom Is Falling Out
• 11 Were We Overpriced That This Was Needed To Correct Itself?
• 10 A Reality Check On Real Estate Investing
• 09 The Vast Majority Of The Carnage Has Not Really Started Yet
• 08 You Will Take Much Less In A Few Months
• 07 When You Think There Is No Risk, Then People Take Very Risky Positions
• 06 Nothing Says Desperation More Than Dropping Your Price
• 05 Checks And Balances Are Supposed To Be In Place, But A Lot Of Them Don’t Work
• 04 The Intensity Of Competition Can Lead To Buyer’s Remorse
• 03 It Starts Like This
• 02 The Hands Of Some Sellers Will Be Forced
• 01 Rents Have Fallen Across The Board, And Landlords Are Reluctantly Accepting It

November (31)

• 30 No One Wants To End Up Holding The Bag
• 29 The Dirty Not-So-Little Secret Of The Entire Issue
• 28 Markets That Previously Commanded Expensive Rents Are Now Thick With Supply
• 27 One Morning, You Wake Up And It's All Gone
• 26 As Rents Plummet, We Are Reminded That PR Talks But Money Walks
• 25 Frothy Predictions Could Be Glossing Over Pending Financial Stress
• 24 For The Time Being, The Premium Is Not Being Realized
• 23 Why Does Every Downturn Feel Like The First Time?
• 22 Sellers Are Adjusting Their Expectations, And Price Reductions Are Becoming More Common
• 21 Real Estate Stopped Being An Investment Opportunity A Long Time Ago
• 20 The Only Thing In Dispute Is By How Much House Prices Will Be Going Down
• 19 They Are Certainly Looking At Selling
• 18 A Lot Of Come To Jesus Moment Conversations
• 17 It's A Common Conversation
• 16 For Owners, Just About Everything That Could Go Wrong Is Going Wrong
• 15 They Don't Have That Much Equity, And They Can't Sell It
• 14 There Is Simply A Lack Of Demand That Can’t Easily Be Increased, Even By Drastic Changes In Price
• 13 Buyers Have A Freedom Of Making Offers, Negotiate, Pick While Sellers Are Listening To The Offers As Never Before
• 12 The Price They Are Refusing To Accept Today Could Be Lower In February
• 11 A Collection Of Cut-Price Listings Illustrates How Crazy Frenzied Markets Had Become
• 10 Where The Dominoes Start To Fall
• 09 They Have So Many Empty Apartments, They’re Desperate
• 08 Now, There's No One
• 07 A Typical Owner Has About 4 Boxes Of OREOs Worth Of Equity
• 06 Money Is Almost Free But Trying To Get It Is Another Thing
• 05 The Bigger The Bubble, The Bigger The Bust
• 04 We Saw The Market Shifting Beneath Our Feet, My Investors Were Caught
• 03 Da Meddel Fanger!
• 03 Dreams Are High, It Will Sit On The Market, And They Come To The Realization They’ve Got No Offers Or Significantly Lowballed Offers
• 02 The Real-Estate Market Is Awashed With Supply
• 01 They're Getting So Desperate, They're Starting To Offer Huge Incentives To Entice Buyers To Make Offers

October (37)

• 31 Cash Is King Because Nobody Can Deny You
• 30 Real Estate Became So Crazily Inflated That This Is The New Reality
• 29 There Was A Feeling Of Déjà Vu
• 28 If One Person Drops Their Price, It’s Kind Of A Race To The Bottom
• 28 Inventory Has Been Growing Faster Than Sales, And Price Reductions Have Hit Very High Numbers
• 27 Saddled With Securities That Are Akin To Museum Pieces That No One Is Interested In Buying
• 26 It's The Road Runner Dynamite Scenario
• 25 A Sort Of Monomania
• 24 We Are In A Period Of Price Discovery
• 23 The Perfect Breeding Ground For The Winner’s Curse
• 22 As Loans Get More Delinquent, That’s When The Real Costs Come Into Play
• 21 Long Term Will Catch Up To You, And That’s What Happened
• 20 Money Was Something Of A Poisoned Chalice
• 19 We Have Got It Starting To Show Its Face
• 19 You Know What, I’ve Seen Enough, I’m Outta Here
• 18 Not All Sectors Of Our Housing Market Are Living Up To The Media Hype
• 17 Now That Price Appreciation Isn’t There, Investors Are Saying, Oh Wait A Sec, There’s Some Risk In There
• 16 The Real Estate Debt Cycle Has Entered A New Phase
• 15 What We’re Seeing Is A Pig In Python Effect
• 14 Emboldened By Their Returns, Investors Bought More Units, Now They’re Flooding The Market
• 14 It Is Not A Maybe, It Is When And How Much
• 13 Absorption Of Brand-New Units Are Stalling, And The Effective Price Is Dramatically Reduced
• 12 Perhaps The Love Affair Has Finally Met The Bullet It Can’t Dodge
• 12 The Downturn Started In 2013, And No One Noticed
• 11 Owners Are Holding Onto An Asset That's Underperforming, And They Can't Do Anything About It
• 10 The Old Model Is Dead, And Not Coming Back
• 09 They Thought They Could Get In Early And Get Out Early, But These Out-Of-Towners Got Snookered
• 08 Every Other Day After This, The Price Is Going To Keep Going Lower And Lower And Lower
• 08 There Is A Butterfly Effect Happening In The Wake Of These Rental Market Corrections
• 07 A Housing Crisis That We Knew Was Coming
• 06 It’s Coming, It’s Just A Question Of How Bad Is It Going To Be
• 05 The Sudden Bountiful Supply Is Putting Pressure On Prices
• 04 The Discrepancy Illustrates That Buyers Are Seeking More Space For Less Money
• 03 Many Investors Who Bought Multiple Units Near The Peak Will Be Forced To Sell At A Loss
• 03 The Simple Truth Is That Housing Is Not Investment
• 02 There Are Investors That Are Trying To Dump Their Real Estate, But The Buyers Think It’s Armageddon
• 01 There Is Blood On The Streets

September (42)

• 30 I Lost Everything
• 29 Preparing For The Borrowing Bubble To Burst
• 29 Pay Attention To What It Takes To Get To The Next Lower Price
• 28 More Units Are Coming Onto The Market, And We’ll Have An Excess Of Inventory Well Into Next Year
• 27 Vancouverism Is Actually Failing
• 27 Stay Tuned For More Price-Cut-A-Palooza
• 26 There’s Blood In The Water, And That’s When Sharks Feed
• 25 The Ponzi Scheme Refrain Came Through Loud And Clear
• 24 When The Money Is Almost Free, Sometimes The Market Gets A Little Bit Ahead Of Itself
• 23 Now The Record Scratches And The Music Stops, From Here We Go In A Different Direction
• 22 How Do We Stop Bleeding Money Before It Gets Worse?
• 21 Some Investors Are Holding On By The Skin Of Their Teeth
• 21 Property Owners Are Left Holding The Bag
• 20 Inventory Of Properties For Sale Is Rising And Buyers Figure They May Get Better Deals If They Hold Off
• 20 Bond Raters Saw Virtually No Risk Of Taking Losses Just Two Months Ago
• 19 A Dramatic Price Cut, Reflective Of The Current Slow Market
• 18 This Could Be A Serious Problem For Some Cash-Strapped Buyers
• 17 I’m Going To Have To Contact The Bank And Something Is Going To Have To Give
• 17 There’s Just Not Enough Money In The Real Estate Ecosystem To Make Anything Work Right Now
• 16 Some Of That Exuberance Is Starting To Look Irrational
• 15 Ten Out Of 10 Investors Do Not Want To Buy Unless Owners Are Willing To Give Massive Discounts
• 15 We Have So Much New Product, And The Timing Of That Just Couldn't Be Worse
• 14 Tomorrow Isn’t Yesterday
• 13 Sometimes It’s Helpful To Point Out That The Emperor Has No Clothes
• 13 The Tables Turned
• 12 This Is Not About Reform, It Is About Revolution
• 11 Stubbornly High Unemployment Has Crushed Many Family Finances And Made House Payments A Challenge
• 10 No One Knows What Pandemic-Type Economics Are
• 09 With Sellers Frantically Trying To Get Out, They Have Been Incurring Huge Losses
• 09 There Is A Great Shakeout Coming
• 08 Now It’s More Prevalent Than Ever, Do You Prefer To Sell Or Do You Need To?
• 07 The Climb-Down Isn’t Restricted To Landlords
• 07 Some Experts Are Starting To Drop The F-Bomb
• 06 Even Those Who Staked A Claim In The Boom Are Finding Themselves Unable To Survive The Bust
• 05 It Looks Like Lots Of People And Businesses Are Voting Early — With Their Feet
• 05 The Concept Of Lending Into A Problem
• 04 Some Very Tragic And Difficult Stories Of Property Owners Who Are In Extreme Financial Distress
• 03 There’s A Lot Of Fear Of That 2009 Scenario
• 02 A Growing Pile Of Unsold Homes
• 02 While Rents May Be Tumbling, Neighborhoods Are Still Filling Up With Moving Vans
• 01 Panicked Investors Are Offloading Homes At Heavily Discounted Prices
• 01 2008-2009? It's Going To Dwarf That

August (43)

• 31 When They Stopped Paying, I Was Really Shocked
• 31 Homeowners Are Selling Up Like Never Before
• 30 A Built-In Bias For More Financial Manias, Panics And Crashes
• 29 Stuck Like Dummies, Holding The Bag
• 29 All Roads Lead Out Of Rome, Too
• 28 A Lot Of Buyers Make Lowball Offers That Get Rejected, But Then They Get A Call Back
• 27 Either Way, I’m Losing, But Do I Want An Ongoing Loss, Or A One-Time Loss?
• 27 There Was An Acknowledgment That 'Hey, There’s A Big Problem Here'
• 26 It’s Hard To Miss The For Lease Signs And Plywood On Windows
• 25 We Could Have A Significant Problem On Our Hands
• 24 Evaporating Interest Is A Sign Of Glut
• 24 Either Unsellable Or Deeply Discounted To The Point That Our Investment Is Virtually Lost
• 23 What If Fannie And Freddie Are Once More Circling The Financial Drain?
• 22 What Would You Expect Us To Do, Just Let The Whole Thing Collapse?
• 22 The Reality Is Not Everyone Is Going To Come Out The Other Side Of This
• 21 Sellers Who Want To Do Deals Need To Add On Another Layer Of Discount
• 20 Owners Have Understood That Times Have Changed And Conditions Must Be More Flexible And Prices Lowered
• 20 Looming Evictions And Landlord Mortgage Defaults Are Going To Be Significant
• 19 This Flood Of Units Has The Potential For A Negative Impact On A Market Struggling To Maintain The Status Quo
• 18 Reckless Endangerment And A See No Bubble Mentality
• 17 Lenders Are Simply Left Holding The Bag
• 16 It Turns Out Lenders Aren’t Your Friends
• 15 There Is An Unforgivingness To Being Overpriced
• 15 This Dwarfs The 2008 Recession
• 14 It’s A Rookie Error To List It Higher And Hope That It’s Going To Get There
• 13 This Is A Zero-Sum Game, Someone Is Going To Bear This Loss
• 13 It Is Not Just Talk Or Fears, It Is Happening
• 12 There’s A Break-Even Point, And Then There’s A Losing-Money Point
• 11 Demand In Terms Of Price Has Cratered Significantly
• 10 The Loss To Landlords Is Insane
• 09 Both Speculative Investors And Ordinary People Are Walking Away From Their Mortgages
• 09 Cutting Losses Appears The Right Move To Make
• 08 A Feeling Of Getting Revenge For All Of Those Years
• 07 There's A Lot Of People In The Property Industry Who Are Burying Their Heads In The Sand
• 06 The Inevitable Will Likely Be A Deluge Of Residential Evictions And Foreclosures
• 05 You Have Developers In The Mood, They Want To Close ‘Em Out
• 04 The Industry Faces A Liquidity Crisis
• 04 We Could Have Cut The Prices By 20%, We Just Want To Move Forward
• 03 Some Of Them Already Paid Deposits, But They Had A Change Of Heart
• 03 An Extension Of What Happened In 2008 And 2009
• 02 We Can't Make Homeownership Profitable And Make Housing Affordable At The Same Time
• 01 You’re Not Going To Be Able To Re-Sell
• 01 We're Going Back To 2009

July (41)

• 31 There Is No Such Thing As Magic In Finance
• 30 Why Can’t This Dream Home Sell?
• 29 Many Investors Will Have No Choice But To Cut Their Losses Before They Dig A Deeper Hole
• 29 They’re Worried That Banks Will File Foreclosures On Them, We’re Like Dogs Chasing Our Tails
• 28 You Have No Way Out, I Don’t Know If I’m Going To Lose Everything I’ve Worked So Hard For
• 27 For Some, The Alternative Is Defaulting On Their Mortgage, Walking Away With No Money And A Bad Credit Rating
• 27 Developers Are Hurting Right Now, And Are Willing To Get Creative
• 26 A Cascade Of Loss Upon Loss
• 25 More And More People Are Seeking To Sell And Move Out
• 24 For Investors, It Is A Painful Experience
• 23 It’s Becoming Clearer That A Three-Month Forbearance Is Not Really Going To Satisfy The Situation
• 22 More Sellers Are Having To Cut Asking Prices To Garner Interest
• 21 A Bridge To Nowhere Is An Upward-Sloping Pirate’s Plank
• 21 We Saw This Exponential Run-Up, It Was Irrational Exuberance
• 20 The Question Is: What Breaks First, And How Hard Does It Break?
• 20 A Fear Of Overpaying For A Depreciating Asset
• 19 That Eats All Your Cash Flow, Sometimes It Puts You In A Negative Situation
• 18 What’s Happening Now Is Reminiscent Of What Happened Ten Years Ago
• 18 Urban Chinese Have Bet Everything On Their Homes
• 17 The Losses Were Devastating Because Speculating Had Been So Popular
• 16 While Predicting A Slump Is A Guessing Game, There Are Some Telltale Signs
• 15 Many Are Coming To The Same Conclusion — Real Estate Is Not A Worthwhile Expense
• 14 It’s Not A Good Place To Be
• 13 The Emotional And Financial Strain Might Cause Them To Pull The Pin
• 13 In Distress And May Have To Sell, But It’ll Be At Fire-Sale Prices
• 11 What Can You Do To Staunch The Haemorrhaging Of Cash?
• 11 What Will Happen With That Excess Inventory?
• 10 This Really Feels Like A Historic Moment
• 09 Increased Supply Is Occurring When We Have Weakened Demand
• 09 Not Having The Demand Estimated
• 08 Turning A Long-Running Housing Shortage Into A Glut
• 08 It’s Basically A Mass Exodus
• 07 Here You See A Cliff
• 06 No One Will Make Buyers Unhappy On The Price
• 06 The Normal Waterfall Of Events
• 05 Mass Foreclosures And Permanent Job Losses Will Snowball Into A Larger Crisis
• 04 Pre-Foreclosure
• 04 Mid-Year Housing Bubble Predictions
• 03 Some Will Just Exit The Market, While Others Will Go Bust
• 02 Vacant Units Have No Value
• 01 Some People Are Just Not Going To Get Mortgages

June (42)

• 30 It’s Literally A Race To The Bottom
• 30 The Rapidly Expanding Volume Of Troubled Debt
• 29 This Loan Should Not Have Been Approved
• 28 The Smart And Patient Buyers See What's Happening
• 27 This Is The Big Bad Wolf
• 26 It’s Like Parachuting In The Dark, We Don’t Know How Fast We Are Falling
• 25 Just Another Boom-And-Bust Cycle, Although The Bust Is Happening At Lightning Speed
• 24 There’s Been A Lot Who Have Just Kind Of Disappeared, Mailed In The Keys, And Just Vacated
• 23 They Didn’t Want The Faucet Of Money To Get Turned Off
• 22 What Are Overripe Bananas Worth? Nothing
• 21 We Were Living In A Time Of Superlatives, Sailing Freely On The Wind Of Tourism
• 20 The Overabundance Of Vacant Foreclosed Residential Properties
• 19 There Are A Lot Of People Who Would Love To Sell But They Are Too Exposed Financially
• 18 Many House Owners Are In Trouble As They Cannot Find Tenants To Fill Their Vacant Flats
• 18 What We’re Talking About Is Almost 70% Discount, It’s Almost Like A Sample Sale
• 17 The Good Days Have Come To An End And The Promises Have Turned Into A Nightmare
• 17 No One Walks Around Saying, Great, I'd Love To Pay The Full Price
• 16 It Was Dead Before, And We Just Kind Of Roll With It
• 15 The Question Would Have Been Laughable A Few Short Years Ago, But Not Many Are Laughing Now
• 15 The Business-As-Usual Idea Is: It’s A Hot Market, I’ll Just Replace You, Is That Going To Be True?
• 14 A Question That Haunts Every Speculative Episode
• 13 Investors Are Selling Up Because Financial Stress Is Rising
• 13 Maybe The Days Of So-Called Easy Money In China Are Gone
• 13 They're Having To Reduce Prices In An Attempt To Garner The Remaining Demand
• 12 Investors Face A Further Cash Flow Crunch As Empty Homes Languishing On The Market Starts To Surge
• 11 The Inventory Was Never Flushed Out From The 2008 Recession
• 10 It’s Constant, We’re Not Getting Rid Of Them Fast Enough
• 10 The Dislocation Is So Widespread It’s Almost Like The Entire Country’s For Sale Right Now
• 09 They Are Going To Sell At Whatever Price To Get A Buyer
• 09 They Feel It’s A Buyer’s Market And They Can Dictate The Pricing
• 08 In Addition To Having More Realistic Expectations, Some Sellers May Give Great Deals Out Of Desperation
• 07 Some Sellers Are Reaching The Point Of Realization They May Have To Entertain Less Than What They Expected
• 07 Many Investors Who Overextended Might Not Be Able To Hold On
• 06 Issues Similar To Those Faced By Investors In The Years Leading Up To The Housing Bust
• 06 As Much As It’s A Seller’s Market, Buyers Are Directing The Show
• 05 This Hollow, Asset-Led Growth Model Was Steering Us Into Dangerous, Unstable Territory
• 04 A Particularly Weak Time For Sellers Who Struggled To Sell At Their Desired Price
• 04 Price Cuts Are Becoming More Common As Some Sellers Try To Cut Short Their Losses
• 03 A Cursory Glance Reveals Major Price Cuts, With Landlords All But Begging You To Sign A Lease
• 02 I Thought I Was In The Box Seat, And Now The Buyer's Got Most Of The Power
• 02 We Have No More Neighbors, We Feel Alone On An Island
• 01 Lenders Are Tightening The Screws And The Number Of Qualified Buyers Is Really, Really Small

May (55)

• 31 Basing Decisions On Future Possibilities Is Always A Gamble
• 31 To Walk Away And Not Make Anything, It’s Devastating
• 30 We Do Not Want To End Up With A White Elephant
• 30 The Housing Market Has Seen The Bottom Fall Out
• 29 Some Vocal Real Estate Advisors Are Whistling Past The Graveyard
• 28 The Three Fs' Of How Homeowners Typically Deal In A Crisis
• 27 In Many Cities Around The World, Owners Are Feeling Pressure To Somehow Off-Load Their Homes
• 27 It’s A Metric That Apparently People Really, Really Want To See
• 26 There’s No Rush To Lock In Rents, The Depression Will Be With Us For Some Time Yet
• 26 Forbearance On Terms Which No One Can Accept
• 25 Some Vendors Are Agreeing To Slash Asking Prices And Experts Say More Bargains Could Be On Offer
• 25 If You Have Inventory, You’re Cutting Deals
• 24 At First, I Thought This Would Be Temporary
• 23 We Are Going To Run Out Of Money And We'll Have To Sell Everything And We'll Have Nothing Left
• 23 How Desperate Are Your Sellers And Can My Buyers Steal The House?
• 23 People Are Going To Offer Fractions Of What They Offered Before
• 22 If You’re Not Slightly Embarrassed By Your Offer Then You’re Probably Not Going Low Enough
• 21 A Number Of Properties Are Now Listed With 'Urgent Sale' And 'Priced To Sell' Descriptions
• 21 Sellers Are Worried About Taking A Big Hit
• 20 You Will Get A Better Price Today Than The Next Year Or Two
• 20 The Reason Banks Can’t Lend Is Because There Isn’t Equity To Lend On, It’s A Chicken And Egg Scenario
• 19 The Whole Idea Was We Would Create Our Own Wealth, But It Hasn't Worked Out That Way
• 19 The Buyers Want 50 Cents On The Dollar, And Sellers Are Still Remembering Prices From Nine Weeks Ago
• 18 A Buyers’ Market, As Investors Hold Out For The Best Deals Amid A Glut Of Choices
• 18 Owners Could See The Writing On The Wall
• 17 For Some Who Bought When Prices Seemed On An Endless Upwards Trajectory, The Bubble Has Burst
• 17 Forbearance Is Not Debt Forgiveness, Nobody's Giving You Any Money
• 16 They’re Very Much Under Water Right Now
• 15 Some Homeowners Seem To Be Facing Economic Reality — And Trimming Their Prices
• 14 That Level Of Desperation
• 14 It's Clear There Is Going To Be A Lot Of Distressed Real Estate Over The Next Four To Five Years
• 13 The Longer You Wait, The Lower The Price That You May Need To Settle For
• 13 It Comes Down To Whether A Home Is Priced To Sit Or Sell
• 12 They Are Facing An Apocalypse, We're Happy To See The End Of Them
• 12 A Lot Of Folks Put Their Life Savings Into Their Property, Is It A Gamble? Sure
• 11 Lenders Worry A Borrower Could Default At The Same Time Values Are Decreasing
• 11 We’re In Tears About This Every Week, It Just Sucks
• 10 At The Moment It's A Train Wreck
• 10 Turn Out The Lights, The Party’s Over, But What About The Hangover?
• 09 Recessions Bring Motivated Sellers Out Of The Woodwork
• 09 Unless They Have Debt Breathing Down Their Neck, They Don’t Say, Fine, Give It Away
• 09 The Structure Of The U.S. Mortgage Market Is Much The Same As It Was Before The Crisis
• 08 There's Going To Be Sectors That Are An Absolute Bloodbath
• 07 For Properties That Were Purchased Two Months Ago, What Are They Worth Today?
• 07 Dear Homeowners, Your Mortgage Payment Is Now Past Due And Your Loan May Be Referred To Foreclosure
• 07 I’ve Got This Impending Date, I Keep Looking At It, Then Not Wanting To Look At It, We’re In This Black Void
• 06 We’ve Seen This Scenario Before
• 05 A Lot Of Property That People Need To Sell And Will Be Ready To Make Discounts
• 05 Sellers Want Yesterday’s Pricing
• 04 Almost All The Major Drivers Of Price Increases Have Fallen In Unison
• 04 You’re Not Going To Have As Many Overpriced Listings Out There
• 03 A Massive Oversupply When Demand Is Simply Not There
• 02 They’re Not Going To Be Nice, And They’re Not Going To Pay You What You Think It’s Worth
• 02 Owners May Be Forced To Sell For Less Than Market Value
• 01 Economic Downturns Are Called Corrections For A Reason

April (57)

• 30 Suffering Unprecedented Losses, Sellers Need To Unload Homes That Are No Longer Producing Income
• 29 Some Are On The Edge With Their Credit
• 29 There Are Many Opportunistic Buyers Who Are Going To Price Gouge
• 28 Holy God, We’re About To Lose Everything
• 27 Rental Prices Were Dropping As Landlords Needed To Get A Return On Assets They Were Mortgaged To The Hills On
• 27 We Were Expecting 2020 To Be A Really Great Year, And Then — Boom! — This Happens
• 26 It Is Easier To Ignore The Facts Than Face Reality
• 25 Desperate Owners Are Letting Go Of Their Property With Discounts And Losses
• 25 The Prices We Saw In 2018 Are No Longer Relevant
• 24 That Program Is In Case People Are Concerned About, Jeez, Are The Prices Going To Fall
• 23 While There Were Some Vendors In Denial, Most Were Acting Swiftly Due To Concerns Of Further Falls
• 23 Moving The Terms Of The Loans To Places Where It Might Not Be Tolerable For Borrowers
• 23 Demand Is Already Evaporating And With That, Prices Will Absolutely Decline
• 22 The Mortgage Companies Are Continuing To Ask Very Difficult Questions
• 22 Investors With Vast But Flimsy Rental Empires Now Face Financial Ruin
• 22 More People Jumped On The Not-Paying Bandwagon
• 21 More Vendors Selling At Bigger Discounts
• 21 Nowhere To Go But Down
• 20 Like Eight Elephants Trying To Fit Through Three Small Doors
• 20 People Trying To Sell Want To Do It Quickly But Buyers Have Really Dried Up
• 19 They Might Find Themselves In A Position Where They Can’t Make The Repayments
• 19 There's Going To Be A Culling Of The Herd, But That Was Due Anyway
• 18 Suddenly Investors Have Unrentable Units To Carry, Many Will Find They Have No Alternative But To Offload
• 18 Participants Saw The Growing Economic Calamity And Realized The Assumptions They Had No Longer Worked
• 18 You Need To Drive Money Into The Housing Market — It’s Really Their Only Purpose
• 17 Jackals And Vultures: A General Get Me Out Of Here Response
• 16 Sellers Are Realizing, This May Be My Only Buyer, I May Need To Come To The Table And Negotiate
• 16 Real Estate Needs Their Toilet Flushed Of Some Of The Realtors
• 15 Feelings Of Buyer’s Remorse Surface When People Who Purchased During The Frothy Days Wonder If They Paid Too Much
• 15 A Deluge Of Loan Defaults Is Expected Once Courts Lift Foreclosure Moratoriums
• 15 What A Buyer Knows Is, They Have To Sell
• 14 They Just Had To Sell And Be A Price Taker
• 14 When Housing Collapses, As It Just Did, It's All But Impossible To Find Buyers
• 13 The More Astute Operators In The Mortgage Industry Knew There Again Would Be Problems With The GSEs When The Bull Market Ended
• 13 You Don’t Want To Be The Tree That Falls In The Forest That No One Hears
• 12 All It Takes Is One Fire Sale Of A Comparable Home In Your Neighborhood
• 12 A Combination Of Anxious Sellers And Not-So-Anxious Buyers Looking For Bargains
• 11 I Can’t Help But Wonder How A Buyer Who Purchased For The Full Price Last Year Is Reacting
• 11 A Reminder That Credit Risk Is An Actual Thing In The Mortgage Market
• 10 What May Look Like A Bargain Today May Actually Be Too High
• 09 Homeowners Have Been Quick To Offload Units At Steep Losses
• 09 Buyers Were Already Catching A Falling Knife, Now They’re Catching A Falling Sword
• 08 A Sudden And Precipitous, Unprecedented Drop In Net Income In A Lot Of The Property Types
• 08 This Is What A Market Not Frenzied Looks Like
• 07 Forbearance Is Not Forgiveness
• 07 There Is Going To Be Calamity On The Payment Side
• 06 A Spectre That’s Loomed For Years—An End To The Wealth-Creation Machine Known As The Housing Market
• 06 We Were Relying On This For Our Income, As Well As Our Retirement Plan, Now That’s Completely Died In The Arse
• 05 Every Property On The Market Right Now Is In A Critical Situation To Sell
• 05 A Cascading Series Of Events Threatening Our Basic Economic Structures
• 04 At Some Point In The Not-Too-Distant Future, Banks Will Need To Recoup At Least Some Of What They've Lent
• 04 A Lot Of People Will Be Unable To Sell Or Rent Those Homes
• 04 Just Not Something Investors (Or The Lenders Who Sell To Them) Are Interested In
• 03 Sellers Are Acquiescing Because Otherwise The Buyer Is Going To Walk Away
• 02 Overnight We Had No Negotiating Power Because Our Clients Need To Sell
• 02 Anything Left On The Market Now, The Price Is Just A Suggestion
• 01 How Many People Are Desperate To Sell And Are They Willing To Accept A Lower Price?

March (35)

• 31 People Familiar With The Matter Say The Problems Predate The Spread Of The Virus
• 30 There’s A Mass Scramble … It’s Like A Race To The End
• 30 If This Lasts, Folks Are Going To Need To Sell
• 29 It Feels Like 2008, Where Banks Did Not Understand The Risks
• 28 The Gains From The Past 13 Years Will Be Wiped Out
• 27 If I Were To Sell, I Would Sell Now, Like Tomorrow
• 26 We’re Almost Back To 2007
• 25 We're Stuck With Properties, The Prices Are Very Low, Because The Market Is Being Flooded
• 24 Loans That Looked Great Two Weeks Ago Don’t Look Great Today, They All Just Evaporated
• 23 A Chain Reaction Of Margin Calls, Mass Foreclosures, Evictions And, Potentially, Bank Failures
• 23 Sellers Have Started To Panic A Little
• 22 The Lucrative Boom That Looked Nearly Invincible Could Evaporate
• 21 No One Can Say What A Fair Price Is Right Now
• 20 People Are Detaching From What They Paid And Looking At What The Market Is Like Now
• 19 The First Two Of The Seven Stages Of Grief
• 18 This Is The Meteor
• 18 Sellers May Have To Make Some Price Adjustments To Sell
• 17 Buyers And Sellers Cancel Deals Due To Fear Of Job Security And, Just The Unknown
• 16 People With Proclivity For Greed Continue Counting Their Losses
• 15 A Market That’s Already Struggling With An Oversupply Of Homes And Falling Prices
• 14 The Net They Thought Policymakers Were Holding Out For The Market Wasn’t There At All
• 13 This Is Getting Real In A Hurry, I Wonder If It’s Too Late?
• 12 For Many, The Question Might Better Be Asked, Will My Home Sell In The Current Market?
• 11 This Building And Buying Binge Looks Poorly Timed Today
• 10 The Addictive Drug That Everybody Thinks Is Okay, Until It’s Not
• 09 Although Sellers Do Not Love The Buyer’s Market, They Accept What Is
• 08 The Massive Asset Bubbles That Ultra-Loose Monetary Policy Has Already Bestowed Upon Us
• 07 Most Developers Just Need To Cut Prices, Waiting On The Market Doesn't Get You Anything
• 06 You Price Things To Market And The Market Goes Against You…And You Sort Of Look Like A Schmuck
• 05 You’ll See A Lot Of Complete Houses But No Curtains
• 04 Housing Bargains Can Scare Off Shoppers Who May Fear They’d Be Buying At Another Market Peak
• 03 The Downward Spiral In House Prices Will Continue, With Oversupply Remaining The Biggest Risk
• 02 Companies Are Chasing Fees In Today’s Frothy Environment, With Capital Flooding In
• 01 It’s Below Cost And Below Investment, It’s Time To Move It
• 01 New York Is A Well-Evolved Luxury Market, But There Has Been A Lot Of Unsold Stock

February (30)

• 29 All Such Crises Are Hardly Black Swans
• 28 Buyers Did Not Ask What The Catch Was For All This Apparently Free Money
• 27 There Was A Lot Of Easy Financing And Everything Worked Towards An Easy Purchase Even If You Had No Money
• 26 The People Who Put Up The Money At Times Just Want Out
• 25 Buyers Just Said, Hey Guys, You’re Trying To Get Too Much Money Now
• 24 How Comfortable Are You Catching A Falling Knife?
• 23 The Hall Of Mirrors, In Which Policymakers Read Asset Prices While Simultaneously Trying To Guide Markets
• 22 What’s Up With The Vacancies?
• 21 It's A Bloodbath
• 20 Back On The Market, This Time At An Even Lower Price
• 19 Prices Have Come Down Considerably, Sellers Are More Realistic And Inventory Is High
• 19 The Buyers Get Huge Discounts And Have Been Using Lower Values To Negotiate
• 18 They Were Fine, They Were Luxury, They Were Great, But Look At Them Now
• 17 Buyers Begin To See Your Home As Stale Inventory And Think They Can Get A Discount
• 16 Snapped Up Like Hotcakes By Investors In Previous Years, The Housing Sector Remains Poor
• 15 There Has Been A Concern That Many Markets Are Oversupplied
• 14 The Expectation Several Years Ago Was That – Even In A Short Period Of Time – A Home Might Be Worth Considerably More Than You Paid, That Is Not The Case Now
• 13 Buyers Would Pay Those Numbers Because They Were Confident It Would Be Worth More Next Year
• 12 Maybe What We Thought Was More Conservative Wasn’t
• 11 When There Is A Queue Investors Often Feel They Have To Get In Line So They Aren’t The Last Ones Left To Turn Off The Lights
• 10 These Banks Are Lending Millions Of Dollars Without Doing Due Diligence
• 09 In The Boom, Homes Sold Quickly, That's Unlikely To Happen Now
• 08 Many Sellers Ended Up Accepting Offers Below Prices Dreamed Up During The Height Of The Frenzy
• 07 Wishful Thinking And Delusional Behavior Worthy Of A Stay At A Facility With Tall Walls
• 06 A Buyer’s Market Means There Is A Plentiful Supply And Not So Much Demand
• 05 This Negative Feedback Loop Has Led To Price Rediscovery In Favour Of A Downward Correction
• 04 The Price Dropped And That Could Be A Reflection Of There Being Less Demand
• 03 What’s Happening Is The Hangover Effect
• 02 There Is So Much Inventory, Sellers Have To Act Fast Or The Buyer Will Move On To Another Option
• 01 Cheap Money Caused The Last Crisis And Is Storing Up The Next

January (33)

• 31 We’ve Been Behind The Market And Chasing It Downward
• 30 Some Of Those Lending Decisions Were Bad From The Start
• 29 Sellers Tend To Wake Up At Around 6 Months And Consider A Price Reduction After They’ve Already Languished On The Market
• 27 The Cost Of Capital Was Very Low, The Green Light Was On, Then We Hit The Wall Of Oversupply
• 27 When It Busts, It Busts
• 26 There’s A Lot Of Inventory Hitting The Market Right Now
• 25 Many Of The Same Warning Signs Have Been Reappearing
• 24 With So Much Construction Saturating The Market, We Were Bound To See Prices Start To Sink At Record Paces
• 23 Buyers Rather Than Sellers Are Dictating Price
• 22 What Is Wrong With That Property That Is Causing All These Price Reductions?
• 21 You Have To Discharge The Flood Somewhere
• 20 Now They’re Stuck Having To Peddle Them One By One
• 19 The Supply Thesis May Be A Major Misdiagnosis
• 18 Prices Are Under Pressure Amid A Surge In Inventory
• 17 The Straightforward Way To Clear Out The Overhang Is To Reduce The Price
• 16 It Is Like Throwing Money Down The Drain
• 15 The Days Of Buying A House And Selling It For A Tidy Profit Five Years Later Aren’t Coming Back Anytime Soon
• 15 Everyone Knows Prices Are Tumbling
• 14 The Downward Trend Stems From Inventory Growth Which Has Exceeded Net Demand
• 13 Sellers May Take A Loss But Their Need To Move On Is Stronger Than Their Desire To Achieve An Unattainable Number
• 12 California’s History Is Of Boom And Bust
• 11 The Only Way Out Is Through The Door
• 10 There Is A Tangible Risk If You Buy Properties With Inflated Values
• 09 Making Big Bets On Higher-Priced Homes A Poor Choice
• 08 I Don’t Think This Overbuilding Is Going To Go Away As Fast As People Think
• 07 Everybody Had The Same Idea At The Same Time
• 06 We're Experiencing A Little Bit Of A Plateau
• 06 Really, Are You As Rich As You Think You Are?
• 05 Everybody Is Trying To Avoid The Impression Of Desperation And A Fire Sale
• 04 The Problem With Saying That 2020 Will Mark The Bottom Is That It Suggests It Will Go Up After That
• 03 Now In The Camp That Have Gone From Hot To Not
• 02 A Once-Unthinkable Turn In The Market
• 01 New Years Housing Bubble Predictions

December (31)

• 31 This Is Hauntingly Familiar Of Legacy Agency Behavior Precrisis
• 30 Second Half Of 2019 In Review
• 28 First Half Of 2019 In Review
• 27 The Dramatic Decrease In Value Has Hit Investors Hard
• 26 We Have This Expanding Inventory And There Just Aren’t Enough Buyers
• 25 Nothing Scares Off House Hunters More Than The Prospect Of Price Losses
• 24 A Sustained Uptick In Sales Can Not Be Realized Until The Market Resets Its Prices
• 23 The Supporting Vertebrae In The Housing Market Backbone
• 22 When It Comes Time To Sell, The Market Is Often Unforgiving
• 21 Money Poured In, Prices Soared, Followed By Building And Oversupply
• 20 The Dream Should Not Cost More Than The Reality
• 19 Headlines Always Said There’s No Bubble, Until There Was
• 18 What Was Clearly Not The Expectation That People Had, That's Maybe Part Of What Happened In The End
• 17 Walking Away From Obligations That Didn’t Make Economic Sense
• 16 Pointing To A Glut Of Unsold Properties On The Market
• 15 Central Bankers Fail To Admit Their Mistakes
• 14 Prices Are Stuck In The Snow And The Wheels Are Spinning
• 13 Rather Than There Being A Housing Shortage, It Increasingly Looks Like The Pendulum Is Swinging In The Other Direction
• 12 The Rock Stars Of The Real Estate Recovery And The Emerging Third Wave Of Distress
• 12 Their Choice Now Is, How Do I Unravel My Holdings Without Taking A Bath?
• 11 There Are Major Holes In All The Buildings, Where’s The Demand?
• 10 There’s A Lot Of Evidence That We’re Near The Top
• 09 Some Are Selling For Less Than What They Paid Several Years Ago
• 08 An Unhealthy Attachment To An Obviously Dead Bird
• 07 It’s Sick Because It’s Done By Design
• 06 There’s A Real Theme Here Of People Losing A Lot Of Money
• 05 Many Of These Boondoggles Have Already Been Built, And Many More Are Now In The Pipeline
• 04 If A Property Is Listed Too High Today, It Won’t Take Too Long To Sell, It Simply Won’t Sell At All
• 03 The Rationale With A Lot Of These Investors Is That Prices Will Keep Going Up
• 02 Supply Outstrips Demand And Sellers Have Yet To Acknowledge That Fact
• 01 Five Percent Is Too Little And 50 Percent Is Stupid

November (32)

• 30 Experts Say Now Is A Good Time To Buy Before Prices Surge Again
• 29 A Financial Bubble That Began Inflating Nearly Three Decades Ago Is Finally Fizzling Out
• 28 Do Not Let The Investment Mirage Misguide You
• 27 The Building Boom Made Possible By A Gold Rush Mentality Among Investors
• 26 We’ve Been In The Middle Of A Rollicking Party And Someone Has Snapped On The Light Switch
• 25 The Pricing Is Night And Day To What It Was
• 24 If You Want To Crash A Real Estate Market, Feeding Debt Is Exactly The Way To Make It Happen
• 23 In the Rush To Make Loans, Some Lenders May Have Lent Too Much
• 22 The Grey Rhino Is Panicking
• 21 If Somebody Has To Sell Today, They’re Probably In Panic Mode
• 20 Signs That Sellers Are More Willing To Capitulate To Market Conditions
• 19 Why Are First-Time Home Buyers Struggling To Make Mortgage Payments?
• 18 The Signs Are Everywhere Of The Weak Market
• 17 Offering Token Slivers Of Price Reductions Won’t Do The Trick
• 16 Prices Have Come Down Because There Is More Supply Than Demand
• 15 Prices Are Down And Sellers Are Dispirited
• 14 An Influx Of New Housing Supply Has Hit Various Markets Hard
• 13 They Have No Other Option Except To Walk Away
• 13 A Lot Of These Risky, Expensive Mortgages Are Being Issued To Debt-Strapped Borrowers With Very Little Financial Wiggle Room
• 12 We’ve Weathered The Storms, But This One’s Gonna Be The Hardest Of All
• 11 We Had The Best Business In 2016 And 2017, Now Those Days Are Gone
• 10 The Slowdown In The Once Red-Hot Real Estate Market Is Palpable
• 09 There’s No Law Of Supply And Demand
• 08 If This Oversupply Continues It Will Be A Disaster
• 07 This Glut Of Real Estate Is Going To Have To Be Dealt With
• 06 These Reductions Are Only Just The Beginning
• 05 Short-Term Debt Is Tenuous And Can Disappear At The Moment It Is Needed Most
• 05 Homeowners Are Now Finding It Wasn't The Sure-Bet Investment They Thought
• 04 The Intense Suspicion That Met Mortgage Bonds Is Starting To Slowly Fade
• 03 Buyers Simply Aren’t As Willing To Pay Something Unrelated To Reality
• 02 People Are Cannibalizing Each Other, To Usurp A Buyer From One Another
• 01 People Tend To Buy In An Inflated Market

October (38)

• 31 If It Is Priced Too High, It’s Not Going To Sell, And You’ve Got To Take It Down
• 30 The Extent To Which Values Have Fallen Is Yet To Be Determined As It Is Too Early To Know
• 29 No One Wants To Admit The Shift Happened
• 28 Everything On-Market Right Now Is Overpriced
• 27 The Runaway Train Will Stop, Eventually — Abruptly
• 26 There’s A Disconnect Between Supply And Demand
• 26 Through Its Biggest Ever Property Boom, Plenty Of People Have Lost Money
• 25 A Lot Of Sellers Are Forced To Become Realistic And Many Times They're Selling For Less Than They Paid
• 24 Conditions Have The Realtors Suggesting The Once Unthinkable
• 23 They Don’t Want To Get Stuck In Something They Paid Too Much For
• 22 Hindsight Is An Amazing Thing
• 21 The World Is Changing, It's The End Of The Boom
• 20 The Situation Is Insane, But It’s Entirely Man-Made
• 19 So Long As You’re Not The Last One Without A Seat When The Music Stops, You’ll Make Out OK
• 18 The Buffer That This Equity Provided May Have Disappeared
• 17 Developers Biting Their Nails And Offering Fantastic Concessions Just To Seal The Deal
• 16 Homes That Are Overpriced Sit On The Market For Quite Some Time Without Getting Any Offers
• 15 Very Aggressive Price Drops Happening More Often Lately
• 14 A Boom That Never Was
• 14 Stress In That Marketplace Is Just Beginning
• 13 It Could've Been A Slam-Dunk, But People Got Greedy
• 12 If The Big Guys Can’t Pay The Rent, Who Will Move In?
• 11 Too Many Made A Lifestyle Based On An Economy That Wasn’t Sustainable
• 10 They Decided To Take A Loss Now Rather Than A Bigger Loss Later
• 09 What Are We Going To Tell Our Sellers?
• 09 Speculators Of Properties Are Beginning To See Them As A Possible Financial Ruin
• 08 There Continues To Be A Glut Of Inventory
• 08 A Large Number Of Hard-To-Sell Homes That Are Overvalued, Expensive, That The Owners Don’t Want To Take A Loss On
• 07 By Trying To Make A Profit, They Took A Hit On The Deal
• 07 A Lot Of The Time Homeowners End Up Settling For Less
• 06 Measures That Facilitate Speculative Activities That Caused The Problems We Are Facing Now
• 05 Sellers Have Accepted That Buyers’ Assessment Of Value Is Not Equal To Their Total Investment
• 05 When Repo Rates Jumped In September, Was That A Warning Sign?
• 04 We Call It The Real Estate Casino
• 03 The Narrative Is That Prices Are Down And Inventory Is Up
• 02 Miami, Florida
• 02 This Market Is A Bloodbath For Some
• 01 All Of A Sudden, Investors Were Left Wondering What Other Changes Were In Store