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The D.C. real estate market has taken a shocking turn! In just 7 days, home prices plummeted by a staggering 36.5%, leaving homeowners and buyers scrambling. With nearly 15,000 new listings flooding the market in one week, this unexpected glut has sent shockwaves through the housing industry. Banks are even considering calling in loans as some homeowners find themselves upside down overnight. Could this crisis spread to other cities like Los Angeles? Let me know your thoughts in the comments below.
We also touch on how bureaucracy in L.A. is slowing down rebuilding efforts, the car industry's production struggles, and even the latest surprising food recalls. Plus, we discuss the growing warnings from major companies about the fragility of the stock market. There’s so much happening, and it's more important than ever to stay informed.
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Here are the links for the stories mentioned in this video:
https://halturnerradioshow.com/index.php/news-selections/national-news/housing-values-in-washington-dc-collapse-36-5-in-one-week
https://www.newsweek.com/dc-house-prices-collapse-doge-cuts-federal-workers-2032064
https://halturnerradioshow.com/index.php/news-selections/national-news/housing-values-in-washington-dc-collapse-36-5-in-one-week
https://t.ly/3mt1K
https://www.usatoday.com/story/money/food/2025/02/15/granola-bar-recall-madegood/78778719007/
https://www.foxbusiness.com/lifestyle/quaker-oats-recall-updated-most-serious-category-fda-sounds-alarm-pancake-mix
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And as always, please be kind to everyone. Onward and Upward.
All the best,
Dan