Two reports from the Globe and Mail in Canada. "A major cause of the last…
This Post Has 5 Comments
From the first 11:46 video:
Toronto Housing Market is getting RINSED
Precondo – Jordon Scrinko
Feb 16, 2023
Toronto Real Estate Market update and condo market update
The second 4:19 video:
2023 Real Estate Foreclosure Update, where are we now? | 3 Top States with highest foreclosures!
Short Sale Queen TV
Feb 16, 2023
Since Dec 2022 It has been crazy in our office, we have seen a massive increase of Homeowners needing Short Sales and Homeowners in Foreclosure. Today on the channel I give you a market update and stats on where we are now and the top 3 states that have the most foreclosures! Are you coming to our class?? Pre-foreclosure class coming up, register here :
The third 4 minute video:
52k! Prices Fall! In IDAHO! Housing Market Update.
Idaho Living
Feb 16, 2023 BOISE
The housing market statistics for January 2023 in Ada and Canyon Counties, Idaho (including Boise and the Treasure Valley) are not favorable for sellers. Median home prices have taken a hit, with a significant decrease compared to last year. Buyers currently have the upper hand in negotiations, with more time and options to choose from. However, there is a glimmer of hope as newly pending sales data suggests that demand may be starting to recover. As a real estate agent, I specialize in navigating the market in Idaho, including Boise and the Treasure Valley, and am here to help you find your dream home. If you have any questions or want to learn more about the housing market, give me a shout.
If you’re looking to buy or sell real estate in Idaho, follow our updates. We serve Meridian, Kuna, Star, Eagle, Boise, Nampa, Caldwell, and the Treasure Valley.
The fourth 13:43 video:
Colorado Springs Real Estate Market Update Winter/Spring 2023 | PCSing to Colorado Springs
Laura Gallant
Feb 17, 2023
What is happening in the Colorado Springs Real Estate Market Winter/Spring 2023? Are you PCSing or moving to Colorado Springs, here are the most recent real estate stats and rental market information to help you with your move.
The fifth 6:31 video:
Mortgage Rates Move UP! What’s going on with Real Estate in Portland? Quick Condo Market Update Too
Ron Milligan
Feb 17, 2023
Do you want to know the very latest in Portland Oregon’s real estate market? You’re in the right place. Regular weekly updates on the health of the entire Portland Oregon metro area – including Southwest Washington. Here are the latest real estate stats for 2023.
Shares of RE/MAX Holdings fell as much as 18.8% in trading on Friday after the company reported fourth-quarter 2022 financial results. Shares closed the day down 13.5%.
Revenue fell 8.9% to $81.3 million and the company swung from net income of $3.1 million a year ago to a loss of $2.6 million, or $0.14 per share.
A sharp drop in broker fees from $16.8 million to $11.9 million was the biggest reason for the loss. The housing market’s sales volume has cratered as interest rates rose and fewer buyers were able to afford high house prices.
The majority of consumers with late mortgage payments are still citing a national emergency declaration when asked why they can’t make good on their monthly obligations, but the share is shrinking as other concerns rise.
The percentage, at 58% in November 2022, was down notably in the Federal Housing Finance Agency’s latest report, compared to 73% when the year began. The second-leading reason was curtailed income, which rose from 5% to 7% during the same time period. The share of delinquent borrowers with excessive debt, personal or family illness or unemployment has risen one percentage point to 3% in each category.
Report: Flagstar Bank lays off hundreds in mortgage division
The Cincinnati Enquirer|18 hours ago
Flagstar Bank in Troy has laid off hundreds of employees in several states and is shuttering part of its national mortgage operation less than two months after merging with a New York bank, according to a news media report and social media posts.
Seattle-based Zillow, Redfin post losses after housing market slowdown
Seattle Times|14 hours ago
Zillow and Redfin, both based in Seattle, reported losses this week as their bottom lines were hit by a cooling housing market in 2022.
From the first 11:46 video:
Toronto Housing Market is getting RINSED
Precondo – Jordon Scrinko
Feb 16, 2023
Toronto Real Estate Market update and condo market update
The second 4:19 video:
2023 Real Estate Foreclosure Update, where are we now? | 3 Top States with highest foreclosures!
Short Sale Queen TV
Feb 16, 2023
Since Dec 2022 It has been crazy in our office, we have seen a massive increase of Homeowners needing Short Sales and Homeowners in Foreclosure. Today on the channel I give you a market update and stats on where we are now and the top 3 states that have the most foreclosures! Are you coming to our class?? Pre-foreclosure class coming up, register here :
The third 4 minute video:
52k! Prices Fall! In IDAHO! Housing Market Update.
Idaho Living
Feb 16, 2023 BOISE
The housing market statistics for January 2023 in Ada and Canyon Counties, Idaho (including Boise and the Treasure Valley) are not favorable for sellers. Median home prices have taken a hit, with a significant decrease compared to last year. Buyers currently have the upper hand in negotiations, with more time and options to choose from. However, there is a glimmer of hope as newly pending sales data suggests that demand may be starting to recover. As a real estate agent, I specialize in navigating the market in Idaho, including Boise and the Treasure Valley, and am here to help you find your dream home. If you have any questions or want to learn more about the housing market, give me a shout.
If you’re looking to buy or sell real estate in Idaho, follow our updates. We serve Meridian, Kuna, Star, Eagle, Boise, Nampa, Caldwell, and the Treasure Valley.
The fourth 13:43 video:
Colorado Springs Real Estate Market Update Winter/Spring 2023 | PCSing to Colorado Springs
Laura Gallant
Feb 17, 2023
What is happening in the Colorado Springs Real Estate Market Winter/Spring 2023? Are you PCSing or moving to Colorado Springs, here are the most recent real estate stats and rental market information to help you with your move.
The fifth 6:31 video:
Mortgage Rates Move UP! What’s going on with Real Estate in Portland? Quick Condo Market Update Too
Ron Milligan
Feb 17, 2023
Do you want to know the very latest in Portland Oregon’s real estate market? You’re in the right place. Regular weekly updates on the health of the entire Portland Oregon metro area – including Southwest Washington. Here are the latest real estate stats for 2023.
Shares of RE/MAX Holdings fell as much as 18.8% in trading on Friday after the company reported fourth-quarter 2022 financial results. Shares closed the day down 13.5%.
Revenue fell 8.9% to $81.3 million and the company swung from net income of $3.1 million a year ago to a loss of $2.6 million, or $0.14 per share.
A sharp drop in broker fees from $16.8 million to $11.9 million was the biggest reason for the loss. The housing market’s sales volume has cratered as interest rates rose and fewer buyers were able to afford high house prices.
https://www.msn.com/en-us/money/topstocks/why-remax-holdings-stock-dropped-188-on-friday/ar-AA17D0TB
The majority of consumers with late mortgage payments are still citing a national emergency declaration when asked why they can’t make good on their monthly obligations, but the share is shrinking as other concerns rise.
The percentage, at 58% in November 2022, was down notably in the Federal Housing Finance Agency’s latest report, compared to 73% when the year began. The second-leading reason was curtailed income, which rose from 5% to 7% during the same time period. The share of delinquent borrowers with excessive debt, personal or family illness or unemployment has risen one percentage point to 3% in each category.
https://www.nationalmortgagenews.com/news/fhfa-numbers-signal-shift-in-delinquency-drivers
Report: Flagstar Bank lays off hundreds in mortgage division
The Cincinnati Enquirer|18 hours ago
Flagstar Bank in Troy has laid off hundreds of employees in several states and is shuttering part of its national mortgage operation less than two months after merging with a New York bank, according to a news media report and social media posts.
Seattle-based Zillow, Redfin post losses after housing market slowdown
Seattle Times|14 hours ago
Zillow and Redfin, both based in Seattle, reported losses this week as their bottom lines were hit by a cooling housing market in 2022.
๐ ๐ฎ๐ป๐๐ณ๐ถ๐ฒ๐น๐ฑ, ๐ ๐ ๐๐ผ๐๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ๐ ๐๐ฟ๐ฎ๐๐ฒ ๐ญ๐ฒ% ๐ฌ๐ข๐ฌ ๐๐ ๐ก๐ฒ๐ ๐๐ป๐ด๐น๐ฎ๐ป๐ฑ ๐๐ฐ๐ผ๐ป๐ผ๐บ๐ ๐๐บ๐ฝ๐น๐ผ๐ฑ๐ฒ๐ ๐ข๐ป ๐ฆ๐ผ๐ฎ๐ฟ๐ถ๐ป๐ด ๐จ๐ป๐ฒ๐บ๐ฝ๐น๐ผ๐๐บ๐ฒ๐ป๐
https://www.movoto.com/mansfield-ma/market-trends/
๐๐ด ๐ฐ๐ฏ๐ฆ ๐๐ฆ๐ธ ๐๐ฏ๐จ๐ญ๐ข๐ฏ๐ฅ ๐ฃ๐ณ๐ฐ๐ฌ๐ฆ๐ณ ๐ด๐ฉ๐ข๐ณ๐ฆ๐ฅ, โ๐๐ฐ๐ถ๐ด๐ช๐ฏ๐จ ๐ช๐ด ๐ฃ๐ฆ๐ค๐ฐ๐ฎ๐ช๐ฏ๐จ ๐ช๐ฏ๐ค๐ณ๐ฆ๐ข๐ด๐ช๐ฏ๐จ๐ญ๐บ ๐ธ๐ฐ๐ณ๐ต๐ฉ๐ญ๐ฆ๐ด๐ด.โ