Lost Cats, Dangerous Condo Calls, and Real Estate Madness: Navigating Today's Wild Market Live

1 year ago
8

Strap in, folks! Tonight's real estate roundup is hotter than a St. Louis summer. First up, we've got a peculiar Facebook lost cat saga that took a detour from cuddly to tragic – how should we deal with such unexpected online twists?

Next, we're unpacking a chilling tale of a suspicious man targeting female agents with a condo listing – a macabre tale reminding us of the importance of safety in real estate. Ever heard a murder story during a property listing? Us neither, and we'd like to keep it that way.

As we pivot, we're jetting off to Florida where they've passed a spicy new law banning certain foreign government citizens from buying land. Is this a sunny solution or a storm brewing on the horizon?

Back to local terrain, we're sharing a whirlwind story of a no-show condo that went pending faster than a hot market listing. Finally, we're putting the spotlight on the University City neighborhood in the St. Louis real estate market – a place where buyers are dropping inspection, financing, and appraisal contingencies like yesterday's news and offering $30,000 over asking price as if it's just pocket change.

Don't be the one left out of this wild ride – tune in and let's navigate the twisting turns of today's real estate market together

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Mortgage Rates came in at 7.14 percent on a 30 year fixed today.

The Cat Facebook post that went south

Creepy Condo Listing.

Showed a condo this weekend….wasn’t a great outcome
Showed another condo this weekend, listing was such a mess

Showed a house on Friday night in University City, under priced for this market, it ended up having 25 offers 5 over 30k over asking with no inspection, appraisal or financing contingencies. The market is stupid. Still.

Chinese not welcome here?
https://nypost.com/2023/05/08/desantis-signs-law-banning-chinese-agents-from-buying-real-estate-in-florida/

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Real Estate News and Commentary

Chinese not welcome here?
https://nypost.com/2023/05/08/desantis-signs-law-banning-chinese-agents-from-buying-real-estate-in-florida/

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