± $200,000 price drops in homes being hidden on some real estate sites.

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A Few years ago I made this post:

 

Followed then a couple of years later with what I knew was coming:

 

AND NOW what we have is an actual attempt to hide the DRASTIC drop in home prices outside of major metropolises like the below. Note the sold price date vs the 5/6/2022 list price date for a VERY modern home.

 

 

As of this posting, if you go and check the price changes of this particular home on Redfin they have omitted the price changes out as seen below. 

Why? I believe they are doing this to dissuade buyers from waiting until the market bottoms out (prices stop dropping) which could take anywhere from the next 2-8 years; with a potential 30% chance of complete reversal depending on the outcome of the next election.

Full disclosure, last summer I talked to the seller of this home and told them that while the home was beautiful with a pretty lovely view, he would have to drop his price by a lot in order to sell in the coming market, basically giving him the same outlook on the housing market that I provided to our members here. While the seller was pretty adamant about being able to get at least $700,000 for the home, we see the outcome.

If any of you are interested in what algorithms I used to predict the crash about a year before it happened (vs like 10 years before it happened, because lets be honest anyone can give a negative outlook on a market but if its too early or way too late. Or even predicting a REVERSAL of the crash while we were in the stages of the crash)...send me a Private message and we can set up some time to talk.