{"id":17101,"date":"2020-09-23T06:54:36","date_gmt":"2020-09-23T13:54:36","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=17101"},"modified":"2020-09-23T07:00:42","modified_gmt":"2020-09-23T14:00:42","slug":"overnight-news-so-whats-up-with-the-listings-that-didnt-close","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17101\/overnight-news-so-whats-up-with-the-listings-that-didnt-close\/","title":{"rendered":"Overnight News: So what\u2019s up with the listings that DIDN\u2019T\u00a0close?"},"content":{"rendered":"<p><div id=\"attachment_16586\" style=\"width: 310px\" class=\"wp-caption alignright\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-16586\" class=\"size-medium wp-image-16586\" src=\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg 300w, https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage.jpg 320w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><p id=\"caption-attachment-16586\" class=\"wp-caption-text\">\u201cFrom a dog\u2019s point of view, putting trees in houses is just begging for misunderstandings.\u201d<\/p><\/div>When you report the great news about closed listings, what are you leaving out? News about the listings that didn&#8217;t close. There is huge demand for suburban, exurban and rural housing because demand has cratered for urban housing. Why? Mass exodus from vertical to horizontal. Why? Urban rioting.<\/p>\n<p>See that? All the way from A to C with zero fatalities. Logic is only hard if you need it to be.<\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/sales-of-existing-homes-surge-to-a-14-year-high\/\" target=\"_blank\" rel=\"noopener noreferrer\">Sales of existing homes surge to a 14-year high.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>CNBC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2020\/09\/22\/existing-home-sales-jump-to-14-year-high-as-prices-set-another-record.html\" target=\"_blank\" rel=\"noopener noreferrer\">Existing home sales jump to 14-year high, as prices set another record.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>Housing Wire:<\/strong> <a href=\"https:\/\/www.housingwire.com\/articles\/wow-6-million-existing-home-sales-however-context-is-key-with-2020-housing-market-data\/\" target=\"_blank\" rel=\"noopener noreferrer\">Wow \u2014 6 million existing home sales! However, context is key with 2020 housing market data.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>CNBC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2020\/09\/23\/mortgage-demand-from-homebuyers-now-up-25percent-from-a-year-ago.html\" target=\"_blank\" rel=\"noopener noreferrer\">Mortgage demand from homebuyers now up 25% from a year ago.<\/a> CTRL-F &#8216;riot&#8217;; not found.<\/p>\n<p><strong>Daily Caller:<\/strong> <a href=\"https:\/\/dailycaller.com\/2020\/09\/21\/new-york-city-survey-restaurants-bars-rent-coronavirus\/\" target=\"_blank\" rel=\"noopener noreferrer\">\u2018Financially Devastated\u2019: 87% Of NYC Bars, Restaurants Couldn\u2019t Make August Rent.<\/a><\/p>\n<p><strong>Joel Kotkin:<\/strong> <a href=\"http:\/\/www.newgeography.com\/content\/006781-blue-today-bluer-tomorrow\" target=\"_blank\" rel=\"noopener noreferrer\">Blue today, bluer tomorrow.<\/a><\/p>\n<p><strong>FEE.org:<\/strong> <a href=\"https:\/\/fee.org\/articles\/new-report-shows-how-congress-has-screwed-over-young-people\/?utm_source=zapier\" target=\"_blank\" rel=\"noopener noreferrer\">New Report Shows How Congress Has Screwed Over Young People.<\/a><\/p>\n<p><strong>Evie Magazine:<\/strong> <a href=\"https:\/\/www.eviemagazine.com\/post\/critical-race-theory-is-the-root-of-our-current-unrest-and-theyre-teaching\/\" target=\"_blank\" rel=\"noopener noreferrer\">Critical Race Theory Is The Root Of Our Current Unrest, And They&#8217;re Teaching It In Schools.<\/a><\/p>\n<p><strong>Forbes:<\/strong> <a href=\"https:\/\/www.forbes.com\/sites\/johndrake\/2020\/09\/21\/interventions-meant-to-slow-the-spread-of-covid-19-have-all-but-stopped-the-spread-of-flu\/#65a9589b76f0\" target=\"_blank\" rel=\"noopener noreferrer\">Interventions Meant To Slow The Spread Of Covid-19 Have All But Stopped The Spread Of Flu.<\/a><\/p>\n<p><strong>City Journal:<\/strong> <a href=\"https:\/\/www.city-journal.org\/achieving-herd-immunity\" target=\"_blank\" rel=\"noopener noreferrer\">The Moral Case for Reopening Schools\u2014Without Masks.<\/a><\/p>\n<p><strong>The Independent:<\/strong> <a href=\"https:\/\/www.independent.co.uk\/news\/world\/europe\/notre-dame-latest-news-update-rebuild-b503466.html?fbclid=IwAR3AMXrWpWhzJMspgdhHqKO9DgGm3-dOVs2tlfj3EcXgD6apyZYKIR8k8aE\" target=\"_blank\" rel=\"noopener noreferrer\">Notre Dame cathedral update: Carpenters wow public with medieval techniques.<\/a><\/p>\n<p><strong>Departures:<\/strong> <a href=\"https:\/\/www.departures.com\/lifestyle\/architecture\/tallest-building-nyc-carbon-sink-mandragore\" target=\"_blank\" rel=\"noopener noreferrer\">NYC&#8217;s Newest Proposed Building Would Be the City&#8217;s Tallest\u2014And Will Act as a Carbon Emissions Filter.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cFrom a dog\u2019s point of view, putting trees in houses is just begging for misunderstandings.\u201dWhen you report the great news about closed listings, what are you leaving out? News about the listings that didn&#8217;t close. There is huge demand for suburban, exurban and rural housing because demand has cratered for urban housing. Why? Mass exodus [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5],"tags":[],"class_list":{"0":"post-17101","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-real-estate","8":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":18055,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18055\/overnight-news-if-there-is-a-housing-shortage-where-is-the-corresponding-surplus\/","url_meta":{"origin":17101,"position":0},"title":"Overnight News: If there is a housing shortage, where is the corresponding\u00a0surplus?","author":"Greg Swann","date":"April 16, 2021","format":false,"excerpt":"If you haven't guessed, I am sick of being lied to about the further consequences of the riots. The real estate media is thrilled to tell us about hot markets in placid places, but only local media and the alt.press address the devastation in the rioted cities. Is there actual\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17003,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17003\/a-note-to-our-rental-home-investors-influx-just-lacks-majesty-but-its-the-upside-of-an-exodus\/","url_meta":{"origin":17101,"position":1},"title":"A note to our rental-home investors: Influx just lacks majesty, but it\u2019s the upside of an exodus.","author":"Greg Swann","date":"September 13, 2020","format":false,"excerpt":"Me today to our buy-and-hold rental property investors: It's not well-reported, except in the form of secondary evidence like U-Haul rates and MLS listings and closings, but very-vertical cities are emptying themselves to the benefit of very-horizontal communities. Congratulate yourself again for investing in Phoenix, the world's largest suburb. At\u2026","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/09\/erda-estremera-sxNt9g77PE0-unsplash-480x319.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":14998,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/14998\/why-build-the-pearl-in-solana-beach-when-buying-existing-resale-housing-would-save-taxpayers-money\/","url_meta":{"origin":17101,"position":2},"title":"Why Build &#8220;The Pearl&#8221; in Solana Beach When Buying Existing Resale Housing Would Save Taxpayers Money?","author":"Brian Brady","date":"August 28, 2011","format":false,"excerpt":"My little slice of Heaven, Solana Beach, is developing\u00a0 A $6 million, ten-unit, low-income housing complex: The three-level building would have a 1,300 square-foot market on the ground floor, and 10 housing rental units above. The site is now a parking lot with 31 spots, used heavily for beach access\u2026","rel":"","context":"In &quot;Real Estate&quot;","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17534,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17534\/overnight-news-wanted-real-estate-reporter-who-can-tell-the-truth-about-riot-wracked-residential-markets\/","url_meta":{"origin":17101,"position":3},"title":"Overnight News: Wanted: Real estate reporter who can tell the truth about riot-wracked residential\u00a0markets.","author":"Greg Swann","date":"November 24, 2020","format":false,"excerpt":"Here's a true fact of reality: If people moving from riot-ravaged cities have soaked up all the vacancy in suburbs near and far, that implies there is a huge amount of languishing vacancy back in those boarded-up burgs. Vacancy means spiraling price cuts and expired and withdrawn listings. Redfin doesn't\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17758,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17758\/overnight-news-charlie-kirk-yearns-for-obi-wan-kenobi-but-might-he-have-summoned-the-death-star-instead\/","url_meta":{"origin":17101,"position":4},"title":"Overnight News: Charlie Kirk yearns for Obi-Wan Kenobi, but might he have summoned the Death Star\u00a0instead?","author":"Greg Swann","date":"January 22, 2021","format":false,"excerpt":"I address the idea of scaling in \u201cNine Empathies\u201d \u2013 the empathy for the idea itself that enables us to grow so far beyond other animals: To farm is to feed your family, but to teach farming is to feed millions, and to master and teach the theory of farming\u2026","rel":"","context":"In &quot;Group Therapy&quot;","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"Ya think it's easy?","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":329,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/329\/could-valley-resale-home-inventories-really-only-be-15-over-normal\/","url_meta":{"origin":17101,"position":5},"title":"Could Valley resale home inventories really only be 15% over normal?","author":"Greg Swann","date":"September 13, 2006","format":false,"excerpt":"Interesting notes from John L. Wake's Arizona Real Estate Notebook:Dr. Jay Butler, the head of the Arizona Real Estate Center at ASU, made a presentation yesterday at the Industry Partners Conference, an annual meeting of real estate industry folks - agents, escrow officers, mortgage brokers and many others. Looking at\u2026","rel":"","context":"In &quot;Blogging&quot;","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/comments?post=17101"}],"version-history":[{"count":5,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17101\/revisions"}],"predecessor-version":[{"id":17106,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/17101\/revisions\/17106"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=17101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=17101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=17101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}