jimmy dean
@jimmydean197
20 year Certified Real Estate Appraiser, former social worker, single girl dad, Macro Econ Student, outdoor junkie, and respecter of nature
It's not "doomers", it's a fact.
Just got off the phone with the CEO of one of the largest mortgage lenders in the U.S. — mortgage delinquencies are up 200% in 6 months. People aren’t just stretched. They’re snapping
Total new single family homes for sale — highest since July 2009 #MacroEdge #RESights
We have been discussing this for years now and it was frankly inevitable. It is a very slow process, but be certain it is happening. Slowly, then suddenly.
New Homes are not the only dog in this fight Off the low, lows but foreclosure sales are starting to happen Per Black Knight/ICE, foreclosure sales up 18.17% YOY and starts up 36.50% YOY Once FHA guardrails go into effect in October, this number will grow even more
Last one for today, but 4 years, no equity. In fact, they will lose at least $25k in Realtor fees.
OAF- Overpay and FUCK! Paying over ask (ever) but especially in 2023 was dumb. Trying to list above that price in 24 was as dumb. Chasing price down below $40k OL over the course of 8 months is just retarded. OAF!
Fucking PIGS
.@SpeakerJohnson, why are you running cover for an underage sex trafficking ring and pretending this is a partisan issue? MAGA voted for this.
$600k drop on this Big Island condo isn't likely going to get it done. With a monthly maintenance fee of $4400 and annual taxes of $67k, you're paying $10k a month before you add a mortgage.
28/ Thanks for reading! If you enjoyed this thread, please ❤️ and 🔁 the first tweet below And follow @bravosresearch for more market insights, finance and investment strategies x.com/bravosresearch…
US stock market has rallied +25% in just 60 trading days This has only happened 8 times since the 1970s Here’s what typically happens next A thread 🧵
Adding to what I said last week, my VA group of appraisers have noted a significant uptick in LGI work and here is why. John is a great follow if you do not.
Unlike FHA borrowers, struggling Veteran borrowers basically have no effective loss mitigation options at all currently. 35,000 got into VASP before it closed 43,000 Vets remain at 6+ months delinquent. June VA delinquency and VASP update. No paywall, link in 1st reply.
Big Island real estate is getting serious. Of the 17 price drops today, the top 3 were $200k, $300k, and $200k respectively.
Yes, it isn't important to have a credit history to buy a home...again. Guess when the last time was that didn't really matter? Paint it as a W! So much Winning for Pulte homes!
Forget Redmond, it will follow. Bend is the story I have been talking about, but sometimes people still trust MSM more, so here you go.
When you get caught in the FOMO and pay $75k over ask, then need to sell 4 years later but the trend has changed.
This sounds like financial advice, but can he be culpable? This is the modern day example of telling people to buy in 2007. I guess Trump can simply pardon him. What a grift.
Today is a great day to buy a home in America.
The term gaslighting has become so trendy and often used incorrectly or as a weapon. But this is the literal definition of it.
This photo is so funny in hindsight - wtf were they thinking holding up "Epstein Files" if they have nothing😂
Sunday humor bahaha
Crypto bros not realizing how fast their altcoins will go to zero. I’m not talking about your altcoin of course.