Back To 2021 Prices?
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Yes, You’re Down From The Peak, Which Was A Crazy Peak
A report from the Review Journal in Nevada. "Las Vegas high-rise closings set an all-time record during the first six months of 2022 but the condo market — like in the single-family home segment — has slowed with higher interest…
The Halcyon Days Of Multiple Offers And TBD Pricing Are Likely Ending
A report from Twin Falls KMVT. "In markets saturated with buyers, like many areas of Idaho, buyers backing away from the market should mean stronger negotiating power and, eventually, lower prices. According to mortgage expert GP Theriot, the market is…
Taking Air Out Of The Balloon
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Buyers Are Increasingly Feeling Less Rushed And Are Holding Off For Cheaper Price Tags
A report from Floor Daily. "'There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing they have listed their properties too late,' reports the Wall Street Journal. Homes that have…
Builders Need To Sell
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What Was Once A River Of Cash Has Turned Into A Trickle
It's Friday desk clearing time for this blogger. "A unit at new-development condo Central Park Tower, the tallest skyscraper on New York’s Billionaires’ Row, has sold for $43 million, a discount of 32.5% off its original asking price. 'They laughed…
Is It Finally A Buyers Market?
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How Are We Going To Get Out Of This Thing, I Might Have To End Up With Nothing
A report from Business Insider. "'To be expected, with rates rising as quickly as they have, we were going to see a slowdown in prices, but certainly we are now seeing the market slam on the brakes very quickly here…
The Crash of Flipping Homes With Algorithms
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