Real ID DELAYED, 2023 Color of the year? High home prices but houses more affordable? Join Me!

Thank you for watching! Tonight we talked about a bunch of stuff. Why can’t we get the REAL ID finished in a reasonable amount of time(since 2005)?

What If I told you that the color of the year for two different companies who deal in colors is similar? I know, that’s odd right?

Carvana is not doing well. Why? Well, it’s a highly leveraged company that buys assets that typically see increases in price in high inflationary environments. Car market or housing market, these are highly affected by consumer borrowing rates.

Finally, why are home prices not going down even when the market seems to be devoid of buyers and the inventory of new homes is 53% higher year over year? The economic concept “sticky”, comes into play.

As always, man would it be good if you could subscribe to my channel. There’s so much out there in the housing world that you can learn just by watching. Tell your friends, tell your family…subscribe to Deerwood Realty on YouTube today!

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Mortgage Rates came in at 6.29 percent on a 30 year fixed today.

Odd Illness over the past two days…..

Google Trends Real ID…is really dumb https://www.dhs.gov/news/2022/12/05/dhs-announces-extension-real-id-full-enforcement-deadline

Carvana showing investors how it’s done!
https://www.cnbc.com/2022/12/07/carvana-shares-tank-as-bankruptcy-concerns-grow-for-used-car-retailer.html

On the Twitter

Kira Mason
https://twitter.com/kmasonrealtor/status/1600538686277693440

Ryan Lundquist
https://twitter.com/SacAppraiser/status/1600658818441957377

Texas Runner DFW
https://twitter.com/texasrunnerDFW/status/1600676480760979457

John Pasalis
https://twitter.com/JohnPasalis/status/1600667651851710464

John Wake
https://twitter.com/JohnWake/status/1600544556017033216

Housing Bubble Disrespector
https://twitter.com/NipseyHoussle/status/1600663823274414080

Darth Powel
https://twitter.com/GRomePow/status/1600663658068996099

Real Estate News and Commentary

If houses are becoming more affordable via interest rate, why are prices remaining high?
https://www.realtor.com/news/trends/mortgage-rates-dip-further-why-are-home-prices-still-high-the-sticky-problem-explained/

Pantone Color of the year 2023?
https://www.realsimple.com/pantone-color-of-the-year-2023-6834526
Benjamin Moore Color of the year 2023?
https://www.realsimple.com/benjamin-moore-color-of-the-year-2023-6749099

Drop me a line @ media@deerwoodrealtystl.com

We’re online at https://www.deerwoodrealtystl.com/

This video is similar to real estate channels like The Ramsey Show, Jeb Smith, Javier Vidana, Kristina Smallhorn.

John is a real estate agent operating out of St. Louis, Missouri