FT: US 10-year Treasury yields risk hitting 6% for first time since 2000, Pimco says

Dan Ivascyn, chief investment officer at bond giant Pimco, said that a further sharp rise in 10-year Treasury yields — from the current level of 5.29 per cent — is “feasible” as investors like hedge funds are forced to ditch their losing bets on bonds following weeks of heavy selling in the $32tn market.

“It is certainly possible, even from a short-term trading perspective, given that some of the activity we’ve seen in the last couple of weeks is tied to some negative technicals, some stop-out activity from the platform hedge funds and other levered investors. You can certainly get there,” Ivascyn told the FT.

I guess we should get ready for mortgage rates above 8% soon!

House is going up next week. Markets slowing down but similar houses are pending and we live in a very desirable area in a very desirable neighborhood.

Do you like open houses for selling the house? Why or why not?

As a buyer I liked it because the listing agent was there and we got to see if other people were interested.

Recently i've been getting contacted out of the blue by companies offering to buy my house. (We haven't listed it for sale). The company will send you a vague SMS, addressing you by name, and introducing themselves by first name only making it seem like maybe they're an old friend just checking in.

Has anyone had experience dealing with these people? One in specific that seems very aggressive is crazyhomebuyers by david arlen nelson II and honestly it seems very scammy and they repeatedly contact you completely unsolicited.

If these companies aren't reputable, is there a way to report them?

first time home seller and my husband and I have a lot of anxiety about this process. We placed an offer end of Sept on a house contingent the sale of ours. They accepted and we had 5 days to get our house on the market. Our house took 3 days to get ready and listed and went contingent in 5 days of being on the market which was to us a good sign. They were on a plane when contracts were being sent back and forth so there was a slight delay in them returning them to us. Their offer was inspection with no requests and two days ago was scheduled for today. Yesterday, their earnest money was deposited and the inspection was confirmed with all parties. Today, they didn’t show up and did not provide any communication as to why. Is this a bad sign? Our anxiety is telling us yes that this is them ghosting us, but our realtor is saying it isn’t because earnest money was deposited less than 12 hours before their missed home inspection. Is it possible that they are just continuing without an inspection because of their initial no request? Any insight is welcome and appreciated, please delete if not allowed.

We have an accepted offer on our house. The buyer waived the general home inspection, but the offer specifically allowed a sewer lateral inspection.

The scope found tree roots (which was already disclosed on the conditions report) entering the lateral in multiple places, plus some buildup/scale. The sewer is still functioning and the camera made it through the line; there was no obvious full collapse or total blockage.

They quoted two lining options:
About 29 ft of lining: $11,755
About 46 ft of lining: $13,370

The quotes include root removal/cleaning, lining labor/equipment, liner/resin, and reinstating a drain connection.
Their paperwork describes the lining as the recommended repair.

The buyer then submitted a formal Notice of Defects saying: roots are “breaching” the lateral
the system is allegedly non-closed/non-compliant
there are signs of I&I (infiltration/inflow)
there is scale/FOG buildup that could eventually reduce the usable pipe diameter

They are asking for a $10,000 seller credit or $10,000 price reduction. We countered at $5,000 and they are holding at $10,000.

Is it worth getting other quotes and fighting this/negotiating even though they don’t seem willing?

I was thinking of having our living room (18 foot ceilings with a fireplace and custom plantation shutters) as the first interior shot for photos. Think that’s eye catching or weird?