Category: Home Supply
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+40% Markup after purchase? Why Not!
Sold for $400k on 2/14, goes back to market again 3 months later for $549k. And it doesn’t really look […]
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Weekly price drops in NYC
Jamaica, Queens – right next to JFK airport. Maybe not the fanciest neighbourhood, so should take with a grain of […]
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Active vacation rentals in the Seattle Metropolitan Area
This is a different aspect of the housing crisis… There’s high house purchase prices and there’s the potential effect on […]
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This is what a 1M house looks like in Los Angeles
https://www.zillow.com/homedetails/3256-S-Sherbourne-Dr-Los-Angeles-CA-90034/20495867_zpid/ Built in 1940, located in Culver City. It’s on Zillow since a few days, let’s see what happens in […]
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604k Price Cut in Costa Mesa CA
Bought at the peak in 2008 and it’s $5k cheaper now than it was back then. We should not take […]
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Canada bans foreign home buyers for two years, ignoring the actual root cause of the problem
The Canadian government will ban foreign homebuyers for two years, AP reported Monday. The ban is aimed at “[c]urbing unfair practices that […]
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Nearly One-Third of Homeowners Have a Mortgage Rate Far Below Today’s Level
About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%. About […]
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Homebuilder sentiment drops for fourth straight month
Confidence among U.S. single-family homebuilders fell to a seven-month low in April as surging mortgage rates and snarled supply chains […]