{"id":18190,"date":"2021-06-02T06:50:58","date_gmt":"2021-06-02T13:50:58","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18190"},"modified":"2021-06-02T06:50:58","modified_gmt":"2021-06-02T13:50:58","slug":"overnight-news-when-the-gonophs-come-in-to-the-market-thats-the-time-to-get-out","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18190\/overnight-news-when-the-gonophs-come-in-to-the-market-thats-the-time-to-get-out\/","title":{"rendered":"Overnight News: When the gonophs come in to the market \u2013 that\u2019s the time to get\u00a0out."},"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=\"Ya think it's easy?\" 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\">\u201cThe best dog toy is an ice cube. It skitters around like a hockey puck \u2013 plus you can eat\u00a0it.\u201d<\/p><\/div>I don&#8217;t represent buyers, not for years, which makes my life very easy. Leasing is work right now, but selling is easy. Soon enough, selling will be hard again \u2013 but then we&#8217;ll be back to buying.<\/p>\n<p>CNBC, below, is calling all coolers, and I&#8217;ve been feeling it, too. The market stalls on over-priced inventory. When the shoe-shine boys are giving stock tips, the Wall Street bubble is about to pop. And when the gonophs list their homes outrageously over market in the hopes of gulling suckers \u2013 the worm is turning.<\/p>\n<p>Where our market tops depends on how much worse life in big cities gets, but the gonophs are already out there, and by their actions they are betting that the top is already here.<\/p>\n<p><strong><em>In other news:<\/em><\/strong><\/p>\n<p><strong>CNBC:<\/strong> <a href=\"https:\/\/www.cnbc.com\/2021\/06\/02\/housing-boom-may-be-cooling-as-weekly-mortgage-demand-drops-again.html\" target=\"_blank\" rel=\"noopener noreferrer\">Housing boom may be cooling as weekly mortgage demand drops again.<\/a><\/p>\n<p><strong>Bloomberg.com:<\/strong> <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-06-01\/return-to-office-employees-are-quitting-instead-of-giving-up-work-from-home?fbclid=IwAR0R7au8lKuKesxgVLTLSAxR1aCHhenaNRDYyCK0iJGWPNU4H7yCP3N3A_M\" target=\"_blank\" rel=\"noopener noreferrer\">Employees Are Quitting Instead of Giving Up Working From Home: The drive to get people back into offices is clashing with workers who\u2019ve embraced remote work as the new normal.<\/a> Easily foreseen, at least here. Every office building surrounded by the homeless is currently worthless. How you gonna get \u2019em back to their desks? Move the desks to the suburbs, too. Even then, many will never work away from home again \u2013 which is excellent news for kids and dogs.<\/p>\n<p><strong>John Nolte:<\/strong> <a href=\"https:\/\/www.breitbart.com\/law-and-order\/2021\/06\/01\/nolte-blacks-murdered-near-historic-rates-democrat-run-portland\/\" target=\"_blank\" rel=\"noopener noreferrer\">Blacks Murdered at \u2018Near-Historic Rates\u2019 in Democrat-Run Portland.<\/a><\/p>\n<p><strong>The Post Millennial:<\/strong> <a href=\"https:\/\/thepostmillennial.com\/seattle-police-expected-to-lose-300-officers-by-the-end-of-the-month-thats-a-third-of-the-agency\" target=\"_blank\" rel=\"noopener noreferrer\">Seattle Police expected to lose 300 officers by the end of the month, &#8216;that&#8217;s a third of the agency&#8217;.<\/a><\/p>\n<p><strong>Julie Kelly:<\/strong> <a href=\"https:\/\/amgreatness.com\/2021\/05\/31\/no-one-will-pay-for-covid-crimes-against-humanity\/\" target=\"_blank\" rel=\"noopener noreferrer\">No One Will Pay for COVID Crimes Against Humanity: Big Tech censors and the credentialed public health class, not anti-maskers, are the real Neanderthals, the 21st century\u2019s version of the Flat Earth Society.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cThe best dog toy is an ice cube. It skitters around like a hockey puck \u2013 plus you can eat\u00a0it.\u201dI don&#8217;t represent buyers, not for years, which makes my life very easy. Leasing is work right now, but selling is easy. Soon enough, selling will be hard again \u2013 but then we&#8217;ll be back to [&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":[29,26,6,5],"tags":[],"class_list":{"0":"post-18190","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":15680,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/15680\/wow-and-you-thought-the-gonophs-at-remax-were-mercenary\/","url_meta":{"origin":18190,"position":0},"title":"Wow&#8230; And you thought the gonophs at ReMax were mercenary&#8230;","author":"Greg Swann","date":"February 8, 2012","format":false,"excerpt":"Spam today from RealtyExecutives, which really used to matter in Phoenix: I love the monthly fee with the huge, larcenous split. RealtyExecs actually invented the 100% commission plan. It was that idea that Dave Liniger spirited away to Denver, where he founded ReMax. He discovered right away that a 100%\u2026","rel":"","context":"In &quot;Flourishing&quot;","block_context":{"text":"Flourishing","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/flourishing\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18590,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18590\/overnight-news-gaming-artificial-intelligence-is-as-easy-as-selling-your-white-elephant-to-an-ibuyer\/","url_meta":{"origin":18190,"position":1},"title":"Overnight News:  Gaming \u201cArtificial Intelligence\u201d is as easy as selling your white elephant to an\u00a0iBuyer.","author":"Greg Swann","date":"November 10, 2021","format":false,"excerpt":"Here's a true fact about iBuying: The sellers are gonophs. Home-sellers are often gonophs, of course, and, even if not, the information asymmetry runs all their way: Neither your Buyer's Agent nor your home inspector is likely to identify that semi-annual drainage problem. But many of the sellers who turn\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":5638,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/5638\/thus-does-big-mother-make-gonophs-of-us-all-how-to-keep-your-house-by-taking-taxpayers-for-a-ride\/","url_meta":{"origin":18190,"position":2},"title":"Thus does Big Mother make gonophs of us all: How to keep your house by taking taxpayers for a ride","author":"Greg Swann","date":"November 16, 2008","format":false,"excerpt":"This is choice, from the San Francisco Chronicle:To qualify, you must be at least 90 days delinquent and live in the home as your primary residence. You must owe at least 90 percent of the home's value. It's fine if you owe more than it's worth. Your mortgage must be\u2026","rel":"","context":"In &quot;Big Mother&quot;","block_context":{"text":"Big Mother","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/big-mother\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16626,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16626\/whats-your-new-ibuyer-strategy-steal-this-script-and-run-with-it\/","url_meta":{"origin":18190,"position":3},"title":"What&#8217;s your new #iBuyer strategy? Steal this script and run with it.","author":"Greg Swann","date":"August 21, 2020","format":false,"excerpt":"When I built iBuyerSpy.com, I had anticipated writing software that would have generated the main content of the site. This never happened. I ended up blogging there, which I should have done here \u2013 an error I am now correcting. By now, the big-foot iBuyers have switched to upselling traditional\u2026","rel":"","context":"In &quot;iBuyers&quot;","block_context":{"text":"iBuyers","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/ibuyers\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-content\/uploads\/2020\/08\/ThaliaRelocated.jpeg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17477,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17477\/overnight-news-ants-protest-not-just-peacefully-but-joyously-grasshoppers-assault-them-from-the-fringes-get-pounded-trumps-fault\/","url_meta":{"origin":18190,"position":4},"title":"Overnight News: Ants protest, not just peacefully but joyously. Grasshoppers assault them from the fringes, get pounded. Trump\u2019s\u00a0fault.","author":"Greg Swann","date":"November 15, 2020","format":false,"excerpt":"I wish I had a reliable resource to report on last night's festivities in Washington, but \u2013 since Trump's supporters were not only attacked, they prevailed \u2013 there won't be any \"news\" on these events until it turns out it was all Trump's fault. Here's a puzzler: A confederation of\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":18332,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18332\/overnight-news-were-you-rooked-by-an-ibuyer-so-was-everyone-else-and-all-of-you-may-have-grounds-for-litigation\/","url_meta":{"origin":18190,"position":5},"title":"Overnight News: Were you rooked by an iBuyer? So was everyone else \u2013 and all of you may have grounds for\u00a0litigation.","author":"Greg Swann","date":"July 20, 2021","format":false,"excerpt":"If you sold a home to an iBuyer over the past 12 months, you were probably rooked \u2013 and you may have grounds for litigation. If the iBuyer did not explicitly disclose to you that listing on the MLS would be to your best financial interest in a madly accelerating\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":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18190","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=18190"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18190\/revisions"}],"predecessor-version":[{"id":18191,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18190\/revisions\/18191"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}