If You Can Sell Now, Sell Now
A report from Denver 7 in Colorado. "A Nov. 2024 report from the Denver Metro Association of Realtors shows November was a good month to be a buyer in Denver. Of the homes sold, roughly 50% had at least one…
You Can Buy A Château For Nothing, Because Nobody Wants Them!
A report from Local 10. "Deadlines are looming for hundreds of thousands of South Florida condominium owners. 'We can’t afford it, we’re gonna go broke,' a local condo owner said. Florida House Speaker Daniel Perez, R-Miami-Dade said there will be…
It’s No Good Having A High Price If No One’s Going To Pay It
A report from the Wall Street Journal. "Randy and Robin Landsman had been trying to sell their Manhattan penthouse for over a year when they turned to the auction market this summer. First listed for $12.2 million, their triplex in…
We Went From Next To No Listings To A Flood Of Listings
It's Friday desk clearing time for this blogger. "'After every flood, we lose a few neighbors' said Trina Winter. Those losses mean changes for her community in Tampa’s Sunset Park neighborhood. 'Everybody is scrambling, in fact, to try to get…
It’s Definitely Hard To Accept That Your Most Valuable Asset Is Not Worth What You Paid For It
A report from 12 News in Arizona. "Michael and Danielle Tantone decided to divorce in August, but remained living in the same house for several months after. Although the couple said they felt separating was best for their relationship, the…
Would-Be House Sellers Think The Market Should Behave Like It Did At The Peak Of Frenzy
A report from the Wall Street Journal. "Danielle Tantone and her soon-to-be ex-husband, Michael Tantone, bought their Mesa, Ariz., area home in July 2022 with a mortgage of about $600,000 that carried an interest rate of 5.62%. Both planned to…
There Are No Funds Left And A Lot Of People With Pitchforks
A report from the Idaho Statesman. "Borrowers struggling with a low credit score, history of bankruptcy or limited savings who may not be eligible for a conventional loan are taking advantage of Federal Housing Administration loans instead, said Jared Olsen,…
Using Leverage When The Market Falls Is A Financial Nuclear Disaster
https://www.youtube.com/watch?v=LVUo5h5xtj8 https://www.youtube.com/watch?v=wN08Hqo8VZI https://www.youtube.com/watch?v=g9XsJbxuUJU
Is The Winner Really The Winner? Or Are You The Loser?
A report from Pagosa Daily Post in Colorado. "If you are a buyer who has been sitting on the sidelines for the last year, there is some good news for you. Prices are coming down across the board for homes,…
Asking Their Lender To Accept Net Proceeds Short Of Their Outstanding Mortgage
A report from the Record Courier. "A lack of inventory, low interest rates and eager buyers have sent Douglas County home prices into the stratosphere. Nevada Board of Realtors President Brad Spires said that the median price per square foot…