Housing Market Homebuyer Demand
Housing Market Homebuyer Demand
Homebuyer demand in today’s housing market has plummeted!
Higher interest rates have caused both Home Prices and Stock Prices to begin declining again over the last month. Read more 
Real Estate Rents are DROPPING
Real Estate Rents are DROPPING
Landlords in the US Rental Market are being forced to cut the rent in cities like Las Vegas, Austin, and Phoenix due to declining demand and increasing vacancies.
The rent cuts could be the prelude to a selloff by these landlords later in 2023 and 2024 as some are now losing money on their rental property. Read more
Double-digit home price drops Ahead
Double-digit home price drops – Goldman Sachs
In data out from the giant investment banker Goldman Sachs, they feel the current housing slump will deepen as we get further into 2023. Read more
Home Sales Drop
Home Sales Drop
The National Association of Realtors reported today, that existing home sales drop for the 10th month in a row.
In November, existing home sales dropped to a two and a half year low. Read more
Real Estate Price Cuts are Here
Real Estate Price Cuts
Real estate asking price cuts are happening!
New construction always drop prices first. Then home owners follow suite. No one wants to be the first in their neighborhood to sell for less. But once it does, people understand that to sell they have to drop prices. Its why we are starting to see all these insane price drops. They dont understand that their houses are priced way to high, yet.
Phoenix Home Prices rise 32.6%
Phoenix Home Prices rise 32.6%
NEW YORK, MARCH 29, 2022: S&P Dow Jones Indices (S&P DJI) today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2022 show that home prices continue to increase across the U.S Read more
2022 MORTGAGE CRASH
2022 MORTGAGE CRASH
Many have been speculating what’s going to be the key factor to bust the residential real estate housing bubble. Well, it looks like we now have an answer to that, and that is . . . quickly rising home mortgage rates combined with the fact that in many local housing markets, local residents have been priced out of the housing market because of the surging home appreciation.
Here in Phoenix Arizona, a recent report out shows that just about 25% of the residents can afford the average residential home! Usually when there’s such an imbalance in affordability, it marks the top of the housing market. Read more
Home Prices Drop
Home Prices Drop
U.S. January 2022 home prices actually DECREASED from December 2021. In addition, home prices are now at the lowest levels since April 2021.
Also, Fannie Mae and Freddie Mac INCREASED their loan sizes by 18%, resulting in a maximum loan of $1 MILLION DOLLARS throughout over 100 high cost of living areas. Read more
Real Estate Prices and City Job Loss
Real Estate Prices and City Job Loss
5 U.S. CITIES, which could be on the edge of a massive Housing Market Crash.
Home prices in America keep up going up. Even as the underlying economy continues to struggle. Many cities across the US are mired in a DEEP RECESSION which record levels of job losses. Read more
Will Biden Mandates Crash the Real Estate Market?
Will Biden Mandates Crash the Real Estate Market?
Is the housing market is about to crash?
The real estate market is doomed. Housing prices are sky high and there is a frenzy in the housing market to buy single family houses. This is the first time in history, that the president has deliberately CAUSED mass unemployment, instead of trying to eliminate it. This guy needs to go. Like yesterday! Let’s go Brandon! Read more