When you get caught in the FOMO and pay $75k over ask, then need to sell 4 years later but the trend has changed.

Forget Redmond, it will follow. Bend is the story I have been talking about, but sometimes people still trust MSM more, so here you go.

Yes, it isn't important to have a credit history to buy a home...again. Guess when the last time was that didn't really matter? Paint it as a W! So much Winning for Pulte homes!

Big Island real estate is getting serious. Of the 17 price drops today, the top 3 were $200k, $300k, and $200k respectively.

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Adding to what I said last week, my VA group of appraisers have noted a significant uptick in LGI work and here is why. John is a great follow if you do not.

It's not "doomers", it's a fact.

$600k drop on this Big Island condo isn't likely going to get it done. With a monthly maintenance fee of $4400 and annual taxes of $67k, you're paying $10k a month before you add a mortgage.

Fucking PIGS

OAF- Overpay and FUCK! Paying over ask (ever) but especially in 2023 was dumb. Trying to list above that price in 24 was as dumb. Chasing price down below $40k OL over the course of 8 months is just retarded. OAF!

Last one for today, but 4 years, no equity. In fact, they will lose at least $25k in Realtor fees.

Total new single family homes for sale — highest since July 2009 #MacroEdge #RESights

We have been discussing this for years now and it was frankly inevitable. It is a very slow process, but be certain it is happening. Slowly, then suddenly.

Some people get it, others simply do not.

"The best thing about this graph is the easily visible orange-colored column, which sticks out above all the others for most years. It shows the second quarter, which is typically the highest closing quarter of the year. Only 3 times since 1995 has it not been -- in the 2007

Housing is increasingly likely to lead this recession too