Monday, October 29, 2018

All You Can Do Is Laugh



Did She Trump Herself?

We start with the Carmichael, CA, woman that gave her real estate agent specific instructions inform all buyers that she would absolutely NOT sell her house to a Trump supporter. Talk about a seller from left field.  In the end, she had to switch agents and reduce her price by $130,000 before she could get a suitable buyer.  We would have loved to take a peek at the TDS on that one… CLICK HERE . The Donald was not available for comment.




Real Estate Follies
Sometimes even the most important investment vehicle to our economy and the very shelter that we live in can be MESSED UP!   Bias, mixed messages, market bellwethers pointing in all directions – sometimes all you can do is laugh.



Realtor.com Covers All Bases on Market Prediction

Realtor.com features BOTH of these articles sharing its front page.  Wait, what?  The optimist says the glass is half full. The pessimist says the glass is half empty. The project manager says the glass is twice as big as it needs to be. The realist says the glass contains half the required amount of liquid for it to overflow.  The rest of us, well, the best we can do is to stay hydrated and try not to perspire.

Mortgage Rates Tick Down More Home Buyers Choose to Wait It Out

Interest rates for home loans decreased as trade tensions kept investors flocking to bonds, even as more would-be home buyers begin giving up.

Mortgage Rates Climb as Housing Market Loses Its Mojo

Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing market growth falters.
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Did you hear about the guy that traded a paper clip up to buy a house?  Or perhaps that Warren Buffet, one of the richest men in the USA, still lives in the house that he bought for $31,500?  More amazing facts about our favorite topic – REAL ESTATE- can be found by CLICKING HERE.


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