A weekend topic starting with an email I received this week. "I was often on your blog daily from about 2007 until about 2010. I remember people discussing the dangers of mortgage back securities, subprime loans and the coming reset…
A report from the Mercury News in California. "Just a month after she bought her red-doored dream home, Ana Wold’s little gray Boulder Creek house burned to the ground in the 2020 Santa Cruz Mountains firestorm. Now she’s walking away…
A report from Villages-News in Florida. "A seller hopes a $30,000 price cut will get things moving at a home in The Villages. The home at 4168 Burgess Drive in the Village of Richmond is now listed at $1.12 million.…
A report from the Coeur d’Alene Press in Idaho. "Meet Nick Shriner, who is originally from the scenic landscapes of Wyoming — yes, it’s a real state — and made his way to Coeur d’Alene in 2010. His dedication to…
A weekend topic starting with the Globe and Mail. "Jerome Powell and his colleagues at the U.S. Federal Reserve placed their bets this week with an oversized half-point cut to interest rates. Amid considerable uncertainty about the direction of the…
A report from Boston.com in Massachusetts. "After modest growth in sales activity in Boston area housing, the market slowed down in June to its lowest level in four years, GBAR reported. GBAR President Jared Wilk cautions homeowners not to get…
A report from the Daily Breeze in California. "How is the housing market doing? The answer depends on whom you ask, says Lawrence Yun, chief economist for the National Association of Realtors. 'Some people will say it is terrible,' he…
A weekend topic starting with Go Banking Rates. "A housing bubble can cause property prices to soar to unrealistic levels, leading to an eventual crash that can have detrimental effects on homeowners and the economy. Seth Jacobs, an experienced mortgage…
It's Friday desk clearing time for this blogger. "Real estate agents and mortgage lenders who spoke to The Post said that underwriters in the Sunshine State are forcing would-be buyers to look for cheaper dwellings. Meanwhile, existing HOA fees for…
A report from the News Press. "When Hurricane Ian chewed through Southwest Florida more than a year ago its powerful winds and floodwaters wreaked havoc on thousands of properties. But in Island Park Village, a 55-and-over condo community in unincorporated…