Supply Is Increasing At The Wrong Time And It Cannot Be Absorbed
A report from the Coeur d’Alene Press in Idaho. "Jennifer Smock said she and her team at Windermere/Coeur d’Alene Realty are often asked the same questions these days: What’s going to happen with the housing market? While she said she…
Homes Down $388,000 In 5 Months
https://www.youtube.com/watch?v=Gv6Xzga16Mc https://www.youtube.com/watch?v=iD6nzYZEGCo
You Must Not Follow The Crowd In Doing Wrong
A weekend topic starting with Newsweek. "The rising cost of buying a house in America has been further emphasized by an unearthed advert from the 1950s showing the comparatively low prices of property in that period. Captioned: 'They really had…
Buyer’s Backing Out Of Deals
https://www.youtube.com/watch?v=k3WftNGETCQ https://www.youtube.com/watch?v=gzjIlAt2duA
When Money Is No Longer Free
It's Friday desk clearing time for this blogger. "Tacoma, Boise, Sacramento and other cities were listed among those seeing home listing-price declines. Provo and Tacoma saw the largest percentage of dropping prices, with 102 of 108 metros Redfin reviewed seeing…
Debt Sheep Are Scrambling Like Rats
https://www.youtube.com/watch?v=8V70YDYo9XA https://www.youtube.com/watch?v=JiSPWUuNp0Y https://www.youtube.com/watch?v=u3B65ej29xQ
The Real Horror Show Today
A report from KVUE on Louisiana. "There is a slight shift happening in the housing market. Realtors on the North Shore report a lot of homes returning to the market with reduced pricing, homes under $300k returning to the market…
Prices Fall $100K In One Month
https://www.youtube.com/watch?v=2K0jE5o6uog https://www.youtube.com/watch?v=5WCkcH4KIKI
Those Who Overstretched To Go All-In Could Soon Be Feeling Burned
A report from Fortune. "The regional housing markets seeing the most price cuts are in the very places that soared the most during the pandemic. As that pandemic housing boom fizzled out last month, things shifted quickly in Provo. In…