![\"Ya](\"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/BHBNewTopImage-300x225.jpg\")
\u201cIf I\u2019m<\/u> welcome on the sofa, the sofa has been moved to the front\u00a0porch.\u201d<\/p><\/div>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 Vacancy means spiraling price cuts and expired and withdrawn listings.<\/p>\n
Redfin doesn’t want to talk about that. That’s their business, and it’s understood that their “news” is PR, happy babble meant to motivate their perpetually-fearful clientele.<\/p>\n
Even so, this is fun:<\/p>\n
\u201cWhile life in the city has changed during the pandemic, with empty sidewalks and boarded-up storefronts becoming the norm, some buyers are looking long-term and realizing it\u2019s possible to buy a condo for a 2017 price without competition,\u201d said Jessie Culbert Boucher, a Redfin real estate agent in Seattle. \u201cIf they hold onto it for five years, they\u2019ll likely ride out the current downturn, make money and enjoy the return of vibrant city life.\u201d<\/p><\/blockquote>\n
“It’s just a gully that’s all. Just nerves.” \u2013 The Big Short.<\/p>\n
Testimony is always unreliable, and yet the truth is always there to be dug out. If you’re buying at the 2017 price without compeition, offer the 2016 price. Will it be possible to buy at the 2014 price in a few months? If way better housing is now discounted by three years’ of appreciation, how is way worse doing? My read is that whole neighborhoods in Seattle will be constructively abandoned soon. I do love the forward-looking statement, though. That can’t result in lawsuits from people relying on widely-publicized uniformed advice.<\/p>\n
Redfin:<\/strong> Home Searches in Cities Up 200% From Last Year, Reflecting Renewed Interest in Urban Areas After Pandemic-Driven Drop.<\/a><\/p>\n
Housing Wire:<\/strong> 2021 housing market forecast: It\u2019s about politics, not economics.<\/a><\/p>\n
Jason Rantz:<\/strong> Oregon Tougher on Thanksgiving Families than Antifa Terrorists.<\/a><\/p>\n
Jeffrey Tucker:<\/strong> The Blizzard of Bogus Journalism on Covid.<\/a><\/p>\n
Sharyl Atkisson:<\/strong> How The New York Times Became A Propaganda Bullhorn For The Left.<\/a><\/p>\n
American Thinker:<\/strong> To Restore Election Integrity, End Mail-In Vote Fraud.<\/a><\/p>\n
The Federalist:<\/strong> 5 More Ways Joe Biden Magically Outperformed Election Norms.<\/a><\/p>\n
Michael Walsh:<\/strong> President Trump, Explain to the American <\/a>Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"
\u201cIf I\u2019m welcome on the sofa, the sofa has been moved to the front\u00a0porch.\u201dHere’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 […]<\/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":[29,26,6,5],"tags":[],"class_list":{"0":"post-17534","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"hentry","6":"category-group-therapy","7":"category-lending","8":"category-marketing","9":"category-real-estate","11":"no-featured-image"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":17176,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17176\/overnight-news-2020s-october-surprise-amy-coney-barrett-ate-it\/","url_meta":{"origin":17534,"position":0},"title":"Overnight News: 2020\u2019s October Surprise? Amy Coney Barrett ate it.","author":"Greg Swann","date":"September 28, 2020","format":false,"excerpt":"Anyone hoping to land a cream pie on Donald Trump's face might prepare for disappointment. For the past nine days, the Supreme Court vacancy has overwhelmed all other news, and that does not seem to be abating. NBC News: California's Bay Area may require telecommuting, even after the pandemic wanes.\u2026","rel":"","context":"In "Group Therapy"","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":1127,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/1127\/real-estate-investment-theories-that-can-actually-help-you-make-money\/","url_meta":{"origin":17534,"position":1},"title":"Real Estate Investment Theories that can Actually Help You Make Money","author":"Cooksquared","date":"March 9, 2007","format":false,"excerpt":"Some of you may have noticed a drop in my postings over the last two weeks. The driver behind this has been mid terms. For those of you who don't remember what that was like when you were in school, imagine doing all of the work you do in a\u2026","rel":"","context":"In "Blogging"","block_context":{"text":"Blogging","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/blogging\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/115\/apartment-rental-rates-in-valley-surge\/","url_meta":{"origin":17534,"position":2},"title":"Apartment-rental rates in Valley surge","author":"Greg Swann","date":"July 21, 2006","format":false,"excerpt":"I was wrong. The Republic did cover the increase in apartment rents corresponding to a drop in vacancy rates. And only two days later than the Las Vegas Review-Journal. Technorati Tags: arizona, arizona real estate, phoenix, phoenix real estate, real estate","rel":"","context":"In "General"","block_context":{"text":"General","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/general\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3253,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/3253\/investors-are-coming-back-to-the-phoenix-rental-home-market-and-with-the-right-business-plan-theyll-make-money\/","url_meta":{"origin":17534,"position":3},"title":"Investors are coming back to the Phoenix rental home market — and with the right business plan they’ll make money","author":"Greg Swann","date":"June 21, 2008","format":false,"excerpt":"This is my column for this week from the Arizona Republic (permanent link). \u00a0Investors are coming back to the Phoenix rental home market -- and with the right business plan they'll make money Rental home investors are coming back into the Phoenix real estate market, and this is a good\u2026","rel":"","context":"In "Investment"","block_context":{"text":"Investment","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/investment\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18091,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18091\/overnight-news-george-floyd-may-be-the-suburban-real-estate-salesman-of-the-decade-but-its-anyones-guess-what-is-happening-to-real-estate-values-in-the-rioted-cities\/","url_meta":{"origin":17534,"position":4},"title":"Overnight News: George Floyd may be the suburban real estate salesman of the decade, but it\u2019s anyone\u2019s guess what is happening to real estate values in the rioted\u00a0cities.","author":"Greg Swann","date":"April 30, 2021","format":false,"excerpt":"Redfin has more home-price ballyhoo this morning, but it answers none of my standing questions: Where is all this new demand coming from, and what so-far undocumented vacancy is it leaving behind? What is happening to real estate values in the core \u2013 not the ring suburbs \u2013 of the\u2026","rel":"","context":"In "Group Therapy"","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":11885,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/11885\/professional-development-are-you-doing-enough\/","url_meta":{"origin":17534,"position":5},"title":"Professional Development, Are You Doing Enough?","author":"Alex Cortez","date":"May 2, 2010","format":false,"excerpt":"As real estate professionals, we have a duty to develop our real estate knowledge in order to keep up with the changing markets and best serve our clients. 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