Keith’s Weekly Property News December 12-2021 The notes will be light in content this week, reflecting the generally moribundl state of the property market. Followed by a few off weeks, this was easily the slowest week of the year for us. I might have inadvertently copied and pasted this comment right out of last week’s […]
Keith’s weekly property news December 5 2021 This past week we just slammed on the breaks. We cut back heavily on our daily property tours. We focused mainly on new listings from 3-7 days, and the offerings were bleak. Nothing looked actionable and, when we made the calls, the picture was even grimmer … […]
Keith’s weekly property news November 28-2021 As had been anticipated, this was a very choppy week on the market again, with the Lira continuing on its chaotic journey into unknown lands. In the battle between, fight, flight and freeze, it seems that ‘freeze’ won out and the progress seemed sclerotic. Of course, that should come […]
Keith’s weekly property news November 17-2021 If I had known what kind of week it was going to be, I probably would have planned a vacation. The rapid deterioration of the lira left sellers, myself and just about everyone feeling anxious and disoriented. Most deals that we were working on collapsed. New property arrivals on […]
Keith’s weekly property news November 14-2021 Even compared to challenges in the past weeks, this week was hands-down the most arduous week for sourcing properties in the secondary market. Every single factor seemed to lean towards a poor deal making environment; super slow execution of valuation reports, the USD cracked the psychological barrier of 10, […]
Keith’s weekly property news November 7-2021 Very short notes this week; it was a busy Sunday. ‘Close only counts with hand grenades’. In a week where we got so close on a couple of deals, USD pressures collapsed a few transactions. Well, that was the first part of the week. The second half of the […]
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