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Keith’s Weekly Property News December 21-2021 If ever there were any doubt that we were in a full-blown currency crisis, last week put that to rest. As the USD lurched past 17, Turks let out a mutual gasp of horror. The USD had doubled in just a few months, with most of the damage in […]
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, […]
