Housing Bubble Has Burst
Housing Bubble Has Burst
Homebuyers are cancelling home purchase contracts. The 2022 Housing Crash has started.
Homebuyers across the U.S. – especially in Housing Markets such as Phoenix, Las Vegas, and Los Angeles – are cancelling contracts and sending homes back on the market. Read more 
How the Government RIGGED the Housing Bubble
2022 Housing Bubble – Setup by the Government
By creating an Artificial Shortage of Homes over the last 2 Years,
the Government has RIGGED our current Housing Market!
Housing Inventory is at all-time lows while Home Prices are at all-time highs. Both home buyers and real estate investors are priced out of the Market and fear a Housing Crash. This problem was exacerbated by the Federal Government during the pandemic in 4 Key Ways:
Pending Home Sales Fall
Pending Home Sales Fall
The housing market just went negative yet again. Pending home sales in the US have DECREASED over the last 2 months in a row. I share all the details in today’s housing market update including a real estate update on home prices thanks to a brand new report from Corelogic.
This is a very good video with a lot of good information and statistics. But whether intentional or unintentional, no mention is made of the fact that the decline in pending home sales is occurring during the traditional strongest time of the year for real estate sales! 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
Real Estate Crash?
Real Estate Crash
I found this video does an excellent job of explaining what fundamental factors are going to come into play during the new 2021 real estate market crash. For those of you have not been following my blog, my first post where I called the real estate market top was June 15, 2021 (https://www.brokerforyou.com/brokerforyou/real-estate-market-downturn/ ) . On June 17 I had a follow-up post ( https://www.brokerforyou.com/brokerforyou/real-estate-market-bust/ ) where I added additional indicators, that to me showed that the market was in a topping phase right now! I put the links to each one of those prior post above, and would suggest if you’re interested, to reread those posts!
Lot’s of commentators like to bring up sub-prime (ARM loans in particular), as the leading culprit for setting off the last value crash, and how this time it’s different. However sub-prime lending does not fully explain decline disparity between cities. 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
Housing Market – Lumber Price Crash
Housing Market – Lumber Price Crash
This is a great informative video just published today. For my new readers, I’d like to note, that I pointed this out as one of my major red flags for calling a top in the U.S. housing market back on June 17, 2001 ( https://www.brokerforyou.com/brokerforyou/real-estate-market-bust/ ). As this current video points out, it’s the same factors that caused the huge spike in lumber prices and now the crash of lumber prices, that have affected our housing prices. Also, as I pointed out, housing prices move very slowly, they not like the lumber futures market or the stock market, where you can have major moves in a couple of hours or a day or two, housing price trends always takes a couple of months to reflect the real trend or change in direction.
Ever since I called the top of the real estate market last month I see absolutely no factors that would cause me to change my opinion. Actually, I put off my search for a retirement home up in Prescott Arizona, because I am convinced that a year from now prices will be substantially lower than where they are today!
Coming Market Crash?
 Coming Market Crash?
Democrats are basically buying votes with the extra unemployment money… Here in AZ, the governor has cut off the extra money thank God! This isn’t going to end well for anyone, if these socialist paychecks keep rolling out (except for the rich). This is going to finish off the middle class, make the rich richer and kill any hopes for the lower class breaking out of the lower class Trust me, take the medicine now folks, stop kicking the can down the road!
The Fed must keep on printing an unlimited amount of US$ to prop up Wall Street and the US Treasury until other countries refuse to exchange their goods and services with the US$. That day can’t and won’t be far away 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.
San Diego Real Estate Visits
San Diego Real Estate Visits
It’s great to have a site that’s color-coordinated, has useful information on it, and provides useful tips for both buyers and sellers of San Diego real estate. But, the key ingredient for success as far as business to the San Diego real estate broker or agent who has spent the time and money to create and maintain the website, really boils down to one thing . . . The amount of targeted San Diego real estate traffic to that site.
As far as San Diego real estate sites go, the truth is that it takes tens of thousands of unique visitors to a San Diego real estate website, to equate out the one possible actual lead, that ends up with a successful transaction. Read more