The Grinch That Stole Christmas
https://www.youtube.com/watch?v=CvpwDVzUijk https://www.youtube.com/watch?v=9UKPSBRVWpc
There Were All These High Hopes And Now Everything Is Stuck
A report from the Boston Globe in Massachusetts. "For the two decades Erika Patino’s parents owned their modest two-family in Hyde Park, the house was a rock for them, their ticket to economic stability. As federal and state rental assistance…
Historical Precedent Suggests The ‘Last Batch’ Of Buyers Often Become Resentful
A report from NPR. "'People are stuck,' says Lawrence Yun, chief economist with the National Association of Realtors. Yun and others describe the market as frozen, one in which home sales activity has declined for 10 months straight, according to…
The Number Of Chickens You Have To Forgo To Buy A House Is Unlikely To Keep Plummeting Forever!
A weekend topic starting with The Atlantic. "Timing isn’t the only external factor determining whether homeownership 'works' for Americans. Paying off a mortgage is a form of 'forced savings,' in which people save by paying for shelter rather than consciously…
New Home Liquidation Sale
https://www.youtube.com/watch?v=OtoNuW8iJRQ https://www.youtube.com/watch?v=WPw7XQ-7k3M
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
A weekend topic starting with the Los Angeles Times. "While it's hard to predict what comes next, economists said it's doubtful rates will fall back to 3% or below anytime soon. That's in part because such rock-bottom rates were the…
Don’t Catch A Falling Knife
https://www.youtube.com/watch?v=hs5N8ByRS5Y https://www.youtube.com/watch?v=jWYS1i0PE3M https://www.youtube.com/watch?v=f6MvGm6zmW4 https://www.youtube.com/watch?v=5Bo5-U1vO6g https://www.youtube.com/watch?v=mtdrSDRjtL0
The Craziness Will Go Down In History As A Once-In-A-Generation Boom That Was Not Sustainable
It's Friday desk clearing time for this blogger. "In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in…
Sellers In Panic!
https://www.youtube.com/watch?v=7Es2iv_j700 https://www.youtube.com/watch?v=6VB_ciulCCE https://www.youtube.com/watch?v=wL-wL-REmms https://www.youtube.com/watch?v=8Ou-JVGtxmE
The Days Are Gone Of Being Greedy And Just Throwing A Price Out There
A report from Money. "When Bob J. saw a model home he liked in a subdivision northwest of Dallas in October, a quick 24-hour negotiation with the builder netted him a savings of $125,000, free furniture and a fully decked…