What We Are Witnessing, We Will All Look Back At And Realize, Was The Slow Leak Of A Once Over-Inflated Real Estate Market Balloon
A report from the Times Leader in Pennsylvania. "'Home values in the region saw more growth from 2020 to 2021 than the entire previous decade,' said Jill Avery-Stoss, Director of Operations at The Institute for Public Policy and Economic Development.…
Why Home Prices Have Gone Down In A Shifting Seller’s Market
https://www.youtube.com/watch?v=_tmVnX-3f70 https://www.youtube.com/watch?v=dREqE8UGAO8 https://www.youtube.com/watch?v=oPIeSjMNAP0
A Little Sense Of Seller FOMO, Where They’re Like, Oh No, We’ve Missed The Top
A report from Fox 13 on Utah. "'Finally the madness has stopped,' said Steve Perry, president of the Salt Lake Board of Realtors. 'Finally the sellers are catching up with how the buyers need it to be. Buyers can now…
Discounts Coming!
https://www.youtube.com/watch?v=pTpHkwVsdDU https://www.youtube.com/watch?v=mApXHXNYEKk https://www.youtube.com/watch?v=24bFMBUIHKU https://www.youtube.com/watch?v=X3CJgg3dfvc
Wait A Minute, I Thought This Was A Seller’s Market
A weekend topic starting with Yahoo Finance. "BRIAN CHEUNG: Yeah, let's start off with Wells...Double digit decline in mortgage income for this company when you consider that it used to be an over $1 billion revenue line. It declined 79%.…
Time To Change the Stress Test?
https://www.youtube.com/watch?v=XrMNlcmep6M https://www.youtube.com/watch?v=zLfSycEjHI8 https://www.youtube.com/watch?v=39rUooeDTCY https://www.youtube.com/watch?v=wZ7hQbOeevY
The Whole Pyramid Is Collapsing Now
It's Friday desk clearing time for this blogger. "The Federal Reserve’s war on inflation and higher mortgage interest rates have hit Utah’s Wasatch Front housing market — hard. 'Like a wall,' said Steve Perry, CEO of the Salt Lake Board…
Houses Not Selling?
https://www.youtube.com/watch?v=ypOR_naMDgY https://www.youtube.com/watch?v=P-ggFFrhLEo https://www.youtube.com/watch?v=7w4TO61BsYg https://www.youtube.com/watch?v=YZahcYj8xgs https://www.youtube.com/watch?v=7BOfGvyG4jQ
Some Buyers Regret The Outlandish Bids They Made During The Early Spring Frenzy
A report from KVUE in Texas. "As Austin-area housing inventory rises, Realtors are seeing signs of the market cooling off a bit. 'Some sellers are doing more moderate price drops,' said Ian Grossman, Realtor at Douglas Elliman Real Estate. 'Some…