Late show was had tonight….started somewhere around 10:45 central time. Here’s what we went over….we had a home showing report. Yes, I showed a house tonight before the stream, and that made me late for the stream.
Mortgage rate applications down? The most since 1995? That doesn’t seem like it would be a good thing.
Does the U.S. Dollar need to be the dominant world currency? Lyn Alden says no
Markets and mayhem says the U.S. dollar isn’t going anywhere anytime soon and the discussion of the devaluation of the dollar has been going on for the past 20 years and only fallen a little so no worries.
I worry about the value of the U. S. Dollar.
Fast forwarding to the articles tonight, the first story was an example of what I’m trying to do with my livestream. The headline says that more home sellers are deciding not to list this spring. Then the article never says why?
We know why, it’s that many buyers have super low interest rates where it would make absolutely no sense to move.
48% of realtors think that staging a home causes it to sell faster and for more money. I don’t necessarily believe that. And I think rather, it depends on many factors that usually don’t have anything to do with staging. For example, if it is an estate home, it’s highly unlikely sellers will try to stage in order to cash in…they would rather not risk it. There is definitely a time and place for staging. But it’s an individual thing…a survey isn’t going to make it so.
Finally, in the least surprising real estate news maybe ever, property taxes are going up across the country. If home prices are up 35-40% over the past 2 years, what did you think would happen to property taxes? They weren’t likely to go down, that’s for sure.
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Also on Rumble (need 25 subscribers to stream direct)Getting Close!
https://rumble.com/c/deerwoodrealty
Also on Deerwoodrealtyandfriends.com
https://deerwoodrealtyandfriends.com/index.php/latest-stream/
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Mortgage Rates came in at 6.59 percent on a 30 year fixed today.
Home showing report
On the Twitter
Nick Gerli
https://twitter.com/nickgerli1/status/1641478699378950145
Lyn Alden
https://twitter.com/lynaldencontact/status/1641465281049501697?s=43&t=QlG4CVfHOkSxxiBKIDu40g
Markets & Mayhem
https://twitter.com/Mayhem4Markets/status/1641255832829538307
Atx Re Podcast
https://twitter.com/atxREpodcast/status/1641464619259555842
Darth Powell
https://twitter.com/GRomePow/status/1641582234657521664
Unusual Whales
https://twitter.com/unusual_whales/status/1641458006507356164
Real Estate News and Commentary
More home sellers deciding not to list this spring?
https://www.cnbc.com/2023/03/30/more-home-sellers-are-sitting-out-of-the-spring-housing-market.html
Realtors think that staging a home for sale reduces time on market?
https://www.rismedia.com/2023/03/30/48-percent-agents-said-staging-home-reduced-its-time-market/
House prices up for two years, anyone surprised that property tax increases as well?
https://www.rismedia.com/2023/03/30/48-percent-agents-said-staging-home-reduced-its-time-market/
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The post Dollar fuss? Mortgage applications down somewhat? Come on in, join me! first appeared on Deerwood Realty.
