Independent thinking for complex markets and current events
Nothing selling in my area for over a year except two lower priced units. The days of using your house as bank account are over. Flippers are fu**ed as well. WASHINGTON (TNND) — A recent report from Inman, a real estate publication, reveals a Redfin survey found that 71% of active real estate agents did …
Realtors' phones ringing off the hook as panicked New Yorkers ditch coveted area codes to flee Mamdani housing chaos https://t.co/FtsaI7FHNb — Daily Mail US (@Daily_MailUS) November 5, 2025 Real estate agents are being bombarded with calls this morning from panicked New Yorkers desperate to flee after Zohran Mamdani’s mayoral victory last night. Two desirable destinations …
“New Yorkers are taking a closer look at Florida’s no state income tax, especially as a potential tax hike looms. Raising taxes on the wealthiest New Yorkers has been of one of Mamdani’s key campaign promises.” “And it’s not just the realtors seeing the shift. Local officials say they’re feeling it too. The mayor of …
The US housing market is teetering — and buyers are running for the exits. Spooked by high mortgage rates, mounting insurance premiums, and growing fears of a shaky economy, an astonishing one in seven buyers are bailing at the last minute. In April alone, 56,000 home purchase contracts were canceled — equal to 14.3 percent …
by No-Department-6171 The more I interact with my realtor, the more I realize realtors are the leeches of society. They are one of the biggest reasons why house prices are the way they are (you can come at me with investors, rates, inflation, whatever). They give you “comps” in the name of strategy and competitiveness …
Top 10 Housing Markets with the highest price cut rate in May 2024. More price cuts mean more seller desperation. And a greater likelihood that prices drop in the future. 1. Tampa – 37% price cut rate 📉2. Austin – 36%3. Colorado Springs – 36%4. Denver – 36%5. Jacksonville… pic.twitter.com/F3mGea53MK — Nick Gerli (@nickgerli1) June …
Realtors across America are in for a tough year in 2024, with a new legal settlements likely lowering their fees and commissions. Something that could result in hundreds of thousands of realtors quitting. Many renters are being evicted from their homes due to the increasing cost of renting a house. With 35% of the U.S. …
The 6% commission, a standard in home purchase transactions, is no more. In a sweeping move expected to dramatically reduce the cost of buying and selling a home, the National Association of Realtors announced Friday a settlement with groups of homesellers, agreeing to end landmark antitrust lawsuits by paying $418 million in damages and eliminating …
The multi-billion-dollar real estate industry is being rocked by one of the biggest revolts in its modern history — multiple agencies have decided to quit the group that’s long set the rules for realtors.
by confoundedinterest17 Going down! The US housing market, that is! Federal Reserve Jerome Powell said at the luncheon in New York City that “Inflation is still too high”, meaning that rate cuts are on hold and maybe a rate hike or two may come. According to the National Association of Realtors, • Active inventory declined, with for-sale homes …
“Over 60,000 realtors have left the industry over the last 6 months, according to data from the National Association of Realtors” “Tens of thousands of real estate agents are giving up on the profession, thinning their pandemic-era ranks as the housing market comes back to earth. Why it matters: Realtors are on the ground floor of …
https://t.co/HuFqOgfd2e — Win Smart, CFA (@WinfieldSmart) September 7, 2023