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https://www.reddit.com/r/realtors/comments/10p8ku8/buyers_want_to_make_a_ridiculously_low_ball_offer/
Buyers want to make a ridiculously low ball offer I don’t feel is justified. How to tell them without offending them? It’s low enough that I don’t think they are serious at all and may just be using me to throw a number at the wall. These people are acquaintances of mine and in our friend group.
They all got hoes mad and huffed and puffed, saying they already had a much better counter offer.
Would you buy a house where someone committed suicide?
https://finance.yahoo.com/news/blackstone-69-billion-real-estate-134542719.html
Blackstone’s $69 Billion Real Estate Fund Hit Monthly Redemption Limit in January
zzyzzx says
https://finance.yahoo.com/news/blackstone-69-billion-real-estate-134542719.html
Blackstone’s $69 Billion Real Estate Fund Hit Monthly Redemption Limit in January
What does that mean?
GNL says
zzyzzx says
https://finance.yahoo.com/news/blackstone-69-billion-real-estate-134542719.html
Blackstone’s $69 Billion Real Estate Fund Hit Monthly Redemption Limit in January
What does that mean?
Means that people want to get out of real estate, but can't because the fund limits redemptions to avoid a free fall.
For anyone who is interested in real estate, or where we are in the current housing cycle, bubble or not, etc…. Bruce Norris, who is considered the oracle of real estate by California real estate investors, will share his insights on it. Expect the event to be packed.
zzyzzx says
...and now we get to hear some bullshit Housing Expert story that flies into the face of data.
The average 30-year fixed mortgage rate spiked to 6.39% today, according to Mortgage News Daily, having bounced by 40 basis points in two days off the low of 5.99% on Thursday, giving up a month worth of declines in two days.
For anyone who is interested in real estate, or where we are in the current housing cycle, bubble or not, etc…. Bruce Norris, who is considered the oracle of real estate by California real estate investors, will share his insights on it. Expect the event to be packed.
https://www.reddit.com/r/RealEstate/comments/10vq9a8/do_hoa_dues_ever_go_down/
Do HOA dues ever go down?
This will help as far as government reported inflation (i.e., CPI).
It's the perceptions of those polled regarding owner equivalent rent that is used in the CPI. Don't expect much in terms of accuracy from the sheeple.
Rent is going down. This will help as far as government reported inflation (i.e., CPI). Stocks should fare better with a lower inflation report this month. Silver and gold may not fare as well unless dollar index (DXY) significantly retreats.
https://www.msn.com/en-us/money/realestate/us-asking-rent-cools-to-near-one-year-low-in-january-as-demand-wanes-supply-grows/ar-AA17kH1C
Do you see rental softness in your market?
https://www.reddit.com/r/REBubble/comments/10z2hf7/did_you_move_away_from_your_place_of_employment/
This happened to my neighbor. She moved out of the city and loved it but then a while ago her business said they had to come back 2 or 3 days a week. She moved a bit closer but the train was still pain so she would do 1-2 days? They laid her off in the first round.
This happened to my neighbor.
What company laid off your neighbor ?
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.