From this point on we probably won’t see another record price, at least for this year, for either the Bay Area or for the state," said Oscar Wei, deputy chief economist with the California Association of Realtors, who noted that it's uncommon to see such a sharp decline in June - which is typically the busy summer home-buying season.

This is a SHARP contrast from what the story was the past 2 years.In terms of what I see happening....Builders are the most sensitive to interest rate increases, so new housing starts has slowed down significantly.

A primary reason for rising inventories is a sharp decline in investor home purchases.""

“Sharp” practices not considered mortgage fraudAlthough creative financing is often used to obtain a deal with a small or no down payment or more correctly no buyer cash investment, that doesn’t HAVE to be the case.  

I am not saying it needs to be like ours, but if there isn't a sharp knife to cut anything, bam, 3 stars at the best!

The Bank of Canada's bank rate rose from 0.25% last November to 4% on Sep 6th with another 75 basis point increase all but guaranteed at their Oct 25th meeting.Despite this sharp rise in rates inflation is still running hot at 7.7%.

@Glenn Sharpe Hey Glenn.

| Blog (biggerpockets.com)This is offcourse favoring real estate, however you can look up other indpendent sources and find that stocks normally get 10% total returns considering dividends are reinvested.In my opinion stocks are best for passive strategies that are long term.Passive RE is able to be leveraged, is less risky and makes greater returns than stocks, which is why on the Sharpe Ratio it's rated better.

If you have a sharp banker, they get things done for you.  

Of course there should be a sharp stick if they are late as well.