Prices Are Dropping Like Crazy Here!
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A report from Deseret News. "'We’ve definitely slowed. Our prices are starting to come down because the interest rates are so volatile,' said Dejan Eskic, a senior research fellow at the University of Utah. After listening to the latest Fed…
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A report from the Mortgage Research Council. "In July, there were 63,000 agreements for homes that were called off, about 16% of homes that were under contract, according to Redfin. That’s an increase from a revised rate of 15% in…
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A weekend topic starting with WILX. "Lansing broker Kim Dunham said it’s a good time to buy if you can because the market will continue to inflate. We are still looking at a seller’s market, just not as extreme as…
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It's Friday desk clearing time for this blogger. "'Broadly speaking, all real estate valuations are likely to come down in the coming months, since there is little doubt that interest rates will continue to rise, perhaps substantially,' Reveeille Hospitality Chief…
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A report from WINK in Florida. "'People are still trying to get the price their neighbor got in maybe March. And they’re not getting it. But they’re still listing it as if that’s the market,' said broker Jason Jakus. 'Where…