{"id":18339,"date":"2021-07-23T08:01:38","date_gmt":"2021-07-23T15:01:38","guid":{"rendered":"http:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/?p=18339"},"modified":"2021-07-23T08:01:38","modified_gmt":"2021-07-23T15:01:38","slug":"overnight-news-hey-redfin-how-can-you-tell-the-fever-has-broken-on-the-real-estate-market-frenzy-gun-sales-were-down-in-june","status":"publish","type":"post","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/18339\/overnight-news-hey-redfin-how-can-you-tell-the-fever-has-broken-on-the-real-estate-market-frenzy-gun-sales-were-down-in-june\/","title":{"rendered":"Overnight News: Hey, Redfin: How can you tell the fever has broken on the real estate market frenzy? Gun sales were down in\u00a0June."},"content":{"rendered":"

\"Ya

\u201cA secret to the inherent lovability of dogs: Like all toddlers, we\u2019re terrible at\u00a0guile.\u201d<\/p><\/div>I mock Redfin a lot, but it’s only because they deserve it. Probably, Zillow has been lying about the rioting for thirteen solid months, too, but Redfin just has the more-mockworthy Marxist take on things.<\/p>\n

So, as everybody knows, the red-hot real estate market that succeeded the demise of George Floyd was caused by the subsequent rioting, not by the pandemic. This is obvious from Redfin’s own charts, and, as noted, they can heat-map price-appreciation by inaccessibility-to-rioters.<\/p>\n

Again: The real estate market’s year-long frenzy was caused by the rioting. Ants who no longer had to live near their employers escaped Grasshopper urbanity at its ugliest \u2013 most of them never to return.<\/p>\n

As if anyone needed proof of this \u2013 the truth, by now, is what no one dares to talk about \u2013 the real estate market is settling down just as gun sales are doing the same.<\/a><\/p>\n

There is no election this year, so the remaining rioting is random dingleberrys, operating without political cover or financial support from the Democratic party. The heat is off in the rioted cities, and hence real estate and firearms sales are calming down.<\/p>\n

This is even more obvious to Redfin, but they can’t tell the truth. I can.<\/p>\n

In other news:<\/em><\/strong><\/p>\n

Housing Wire:<\/strong> Mortgage rates plummet to 2.78%.<\/a><\/p>\n

CNBC:<\/strong> Sales of existing homes rise slightly as more listings finally hit the market.<\/a><\/p>\n

Redfin.com:<\/strong> What is Dual Agency and How Does it Work?<\/a> Shoe pinch? Hide and watch. Every Wall Street brokerage will be eaten alive for double-dealing, even as they are eaten alive from within by their Marxist staffers. None so deserving.<\/p>\n

Housing Wire:<\/strong> Housing inventory slowly coming back as frenzy fades.<\/a><\/p>\n

Mike DelPrete:<\/strong> Opendoor’s Mortgage Attach Rate Jumps, But At What Cost?<\/a><\/p>\n

City Journal:<\/strong> Venice Beach Doesn\u2019t Have a Homelessness Crisis. It has a quality-of-life enforcement crisis.<\/a><\/p>\n

Kenny Xu:<\/strong> Silicon Valley\u2019s Cynical Treatment of Asian Engineers.<\/a><\/p>\n

City Journal:<\/strong> The Social Justice Network: Facebook announces sweeping new restrictions on criticism of protected groups.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

\u201cA secret to the inherent lovability of dogs: Like all toddlers, we\u2019re terrible at\u00a0guile.\u201dI mock Redfin a lot, but it’s only because they deserve it. Probably, Zillow has been lying about the rioting for thirteen solid months, too, but Redfin just has the more-mockworthy Marxist take on things. So, as everybody knows, the red-hot real […]<\/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-18339","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":16987,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/16987\/overnight-news-take-that-doubters-all-ibuyers-ever-needed-to-succeed-was-a-pandemic-rioting-and-a-buyer-feeding-frenzy-totally-sustainable\/","url_meta":{"origin":18339,"position":0},"title":"Overnight News: Take that, doubters! All #iBuyers ever needed to succeed was a pandemic, rioting and a buyer feeding-frenzy! Totally sustainable!","author":"Greg Swann","date":"September 12, 2020","format":false,"excerpt":"Redfin: Everything about the iBuyers is funny, especially their Special Olympics approach to self-congratulation. Whose listings sell last and worst? But who is delighted to have had a national feeding frenzy to clear their overpriced inventories? iBuyer Activity Ground to a Halt in the Second Quarter, With Market Share Plummeting\u2026","rel":"","context":"In "Flourishing"","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\/08\/BHBNewTopImage-300x225.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":17020,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17020\/overnight-news-you-can-volunteer-your-way-into-quarantine-but-you-have-to-litigate-your-way-out\/","url_meta":{"origin":18339,"position":1},"title":"Overnight News: You can volunteer your way into quarantine, but you have to litigate your way out.","author":"Greg Swann","date":"September 15, 2020","format":false,"excerpt":"TribLive: Federal judge rules Gov. Wolf\u2019s shutdown orders were unconstitutional. Reason: Federal Court Rules Pennsylvania's Lockdown Order Unconstitutional. Upworthy: From England, but still: Security guards took care of employees' office plants while they were on lockdown for months. Redfin: The biggest trend in real estate stories? Detailing the ongoing impact\u2026","rel":"","context":"In "Real Estate"","block_context":{"text":"Real Estate","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/real-estate\/"},"img":{"alt_text":"","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":17280,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17280\/overnight-news-the-riotscore-of-chiefs-of-police-when-are-you-safe-when-should-you-flee\/","url_meta":{"origin":18339,"position":2},"title":"Overnight News: The RiotScore\u2122 of Chiefs of Police: When are you safe? When\u00a0should you flee?","author":"Greg Swann","date":"October 9, 2020","format":false,"excerpt":"There is no rioting! More importantly, there is no denial of the rioting that is not happening, anyway! How can you know that's all true? Because there are no police chiefs quitting in disgust all over the country, that's how! So there! Urf... Meanwhile: Yesterday on BloodhoundBlog: Brian Brady: October\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":17489,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17489\/overnight-news-a-helpful-hint-for-redfins-pollsters-all-testimony-is-deceptive\/","url_meta":{"origin":18339,"position":3},"title":"Overnight News: A helpful hint for Redfin\u2019s pollsters: All testimony is\u00a0deceptive.","author":"Greg Swann","date":"November 19, 2020","format":false,"excerpt":"We just went through an yet another election demonstrating that polling is useless \u2013 most especially where the person being polled has reasons to deceive the pollster. Redfin didn't poll, it just inferred, but if demand for second homes is booming, that could mean three things, not just one: 1.\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":17060,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17060\/overnight-news-mocking-redfin-about-the-dystemperors-new-unriots-is-funny-until-you-think-about-what-our-studied-negligence-is-doing-to-the-black-middle-class\/","url_meta":{"origin":18339,"position":4},"title":"Overnight News: Mocking Redfin about The Dystemperor\u2019s New Unriots is funny \u2013 until you think about what our studied negligence is doing to the black middle\u00a0class.","author":"Greg Swann","date":"September 19, 2020","format":false,"excerpt":"As I noted yesterday, these are not just riots we are seeing across the country, they are carefully-mismanaged riots. Where the police department is allowed to function according to well-understood crowd-control theory, there are no riots. Cf., e.g., Detroit. As with acknowledging the riots themselves, taking note of this deliberate\u2026","rel":"","context":"In "Group Therapy"","block_context":{"text":"Group Therapy","link":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/category\/group-therapy\/"},"img":{"alt_text":"","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":17615,"url":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/17615\/overnight-news-if-america-had-a-rioting-contest-everyone-would-lose-but-still-which-side-would-win\/","url_meta":{"origin":18339,"position":5},"title":"Overnight News: If America had a rioting contest, everyone would lose. But: Still: Which side would win?","author":"Greg Swann","date":"December 19, 2020","format":false,"excerpt":"On January 6th, America's having a house party \u2013 or something like that. I don't have a link to share yet, but the President has invited his supporters to Washington to remind Congress who owns half of the privately-held firearms in the world. Trump's Tweet says: \"Be there, will be\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":[]}],"_links":{"self":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18339","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=18339"}],"version-history":[{"count":1,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18339\/revisions"}],"predecessor-version":[{"id":18340,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/posts\/18339\/revisions\/18340"}],"wp:attachment":[{"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/media?parent=18339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/categories?post=18339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bloodhoundrealty.com\/BloodhoundBlog\/wp-json\/wp\/v2\/tags?post=18339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}