Home Price Drops – Top 10 Cities
Home Price Drops – Top 10 Cities
Latest data is showing a big crash in Home Prices in 10 Cities across America.
Cities like Denver, Los Angeles, San Francisco, and Austin had Home Value Drops in June 2022 according to the Zillow Home Value Index (“Raw Mid Tier”). https://www.zillow.com/research/data/ Read more 
2022 Real Estate Market Drop
2022 Real Estate Market Drop
Home mortgage rates jump to a 13-year High!
Home mortgage rates are now at their highest level since August 2009!
Yes, currently a 30-year fixed mortgage will cost you in the range of 5.27% which is up from 5.10% just last week! Home mortgage rates have jumped up about two percentage points just from the start of the new year! Read more
Real Estate Values – Zillow Stock Price
Real Estate Values – Zillow Stock Price
Zillow, a major player in the real estate market nationwide, just announced that it is pausing its homebuying part of the business at least through the end of the year. Read more
Mandates effect on real estate values
Mandates effect on real estate values
We are witnessing in real time the collapse of small business, small enterprise, real estate and peoples lives.
We are witnessing segregation being reborn in America. We are witnessing crime hit levels that we have never seen in our lifetimes and my fear is that this is just the beginning. Read more
Home Price Declines Ahead
Are Big Home Price Declines Ahead?
Large housing market corrections are due roughly every 11-12 years, so last year would have been 12 yrs. With the way its going, the markets are completely disconnected. So, when it happens, it will probably black swan type of event that is the trigger!
Home and equity prices always come down from tops. History always repeats. Problem all of us have is timing. fear of missing out can take us to even crazier home price levels. But it always happens. Cycles always reset, with different circumstances IMHO. I think that is what Shiller is saying. Read more
Banks See Housing Bubble
Housing Bubble
The housing market has had an absolutely crazy time over the last year.
When the virus hit, the world panicked, governments shut their countries down, real estate agents were banned from showing houses, millions lost their jobs and the consensus amongst pretty much everyone was that a housing market crash was imminent. Read more
Small Real Estate Landlord
Small Real Estate Landlord
It’s a lot worse for small landlords and mom and pop investors!
This should never have been pushed onto the shoulders of landlords. It is unconstitutional. I said before, but I guess I should say it again, what the government did here is pure socialism at work think about it, this is a welfare country, why put this burden on individual property owners, when renters who needed assistance could’ve just applied for a special welfare program where they would owe all the money back to the government instead of individual landlords having to try to collect after the tenants disappear!
There is a link to one of my first (March 20220) posts about these eviction bans. Real Estate is not easy and there really is no such thing as a quick deal flip. That quick flip that does happen is a byproduct of many years of experiences which account for many real estate disaster and nightmare stories. Unfortunately, we will have more and more of those landlord nightmare stories very soon. Read more
Top San Diego Real Estate Website for sale
San Diego Real Estate Website for sale
www.brokerforyou.com     *** This 23 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.
Over 33,444 average monthly unique visits to Brokerforyou.com in the last three months.
*NO you are NOT just getting a super San Diego URL, but, 23 years of great San Diego centered residential real estate content! Plus, great search engine rankings and most important, a HUGE amount of unique monthly visitors! If can’t see the very unique potential, perhaps you should save your time and NOT review the information below. Read more
Real Estate Market Downturn
1st signs of the Real Estate Market Downturn (Note published June 2021)
Real Estate Market Downturn
I’ve been in residential real estate for over three decades and I can tell you that major real estate market turns do not happen on a dime! If you study the residential real estate market, there are subtle signs of major market turns. Precisely because these are at first relatively minor moves, they are usually discounted or overlooked by the press and most real estate professionals. One should keep in mind that the residential real estate market professionals are not so much professional market timers – actually they probably are no better at market timing than your average dog groomer – but are just very good salespeople! Yes, the residential real estate market professionals are professional salespeople and nothing more. Read more
Real Estate Warning
Real Estate Warning
If the stimulus stops and the interest rates adjust for inflation, the stock market and the real estate market will both get hit hard for sure. We are deep into a stimulus driven economy.
it’s sooooo bad for the economy overall, and its not fair to young people starting out that have saved for a down payment. I understand they don’t want another housing bust, because housing feeds many industries – it feeds the trades-plumbers electricians etc, home improvement stores, building supply manufactures, etc. However, it seems that people have sprang right into travelling and spending money like before the Pandemic, so personally I feel they need to raise interest rates at least some, to reel in the consumer, and add some inventory to the housing market to slow down the price accelerations. A modern day epidemic of this magnitude has never been experienced – so economists just don’t know how to handle the fall-out.