Shared from Bing: Billionaire Perot Warns of Real Estate Recession as Loans Dry Up

https://www.msn.com/en-US/finance/markets/billionaire-perot-warns-of-real-estate-recession-as-loans-dry-up/ar-AA1bWQOH?ocid=sapphireappshare 

Lost home equity: San Francisco homes are selling for $220,000 less than a year ago

https://finance.yahoo.com/news/lost-home-equity-san-francisco-homes-are-selling-for-220000-less-than-a-year-ago-153041282.html

In San Francisco, the median sales price was $220,000 lower than at the same time last year — the largest decline by dollar amount  — wiping out 13.4% in equit... 

Tweet from Lance Lambert (@NewsLambert)

Lance Lambert (@NewsLambert) tweeted at 11:05 PM on Sun, May 21, 2023:
LEFT: Home price decline in major U.S. housing markets since their respective pandemic peak 

RIGHT: Home price decline in Texas ZIPs since their respective pandemic peak 

Blue = Currently sitting at an all-time high https://t.co/86bu5RMjcx
(https://twitter.com/NewsLambert/status/1660527312478117893?t=MYdKeu-wFIkPEiBqZ8uCYA&s=03) 

Shared from Start: FOMO is returning to Canada's housing market

https://www.msn.com/en-ca/finance/-top-stories/fomo-is-returning-to-canadas-housing-market/ar-AA1banLy?ocid=sapphireappshare 

This house just got 25 offers. But, yes, the market is still cooling | CNN Business

https://www.cnn.com/2023/05/09/homes/cooling-housing-market-frenzy/index.html 

Buying a house? Watch out for these 3 fast-spreading myths. | Morningstar

https://www.morningstar.com/news/marketwatch/20230513277/buying-a-house-watch-out-for-these-3-fast-spreading-myths 

US real estate investors are losing money on roughly 1 in 7 homes they sell — among the worst since 2016. And they're most likely to take a hit in these 5 cities

https://finance.yahoo.com/news/us-real-estate-investors-losing-140000372.html 

Shared from Bing: https://www.armstrongeconomics.com/markets-by-sector/real_estate/the-rental-crisis/

https://www.armstrongeconomics.com/markets-by-sector/real_estate/the-rental-crisis/