A report from the Denver Post in Colorado. "Long lead times to complete new homes have combined with rapidly rising interest rates, now at 15-year highs, to put metro Denver homebuilders and their customers in a predicament unlike any seen…
A report from Market Watch. "Prices 'might go down a little bit, but a crash I consider to be a more than 10% decline in home values, and that seems far-fetched right now,' says Daryl Fairweather, chief economist for Redfin."…
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A report from Market Watch. "Lumber prices have dropped by more than 60% so far this year, but don’t count on a recovery soon. 'Home builders have faced an enormous uptick in cancellations over the past several months due to…
A report from the Spokesman Review in Washington. "Homebuyers in Spokane County may have an easier time finding a property in a real estate market is beginning to swing in their favor. Many area homes are undergoing price reductions. Some…
A weekend topic starting with Mises.org. "Paul Volcker (1927-2019) became Chairman of the Federal Reserve Board 43 years ago on August 6, 1979. The 20th-century Great Inflation, stoked by the Federal Reserve and the other central banks of the day,…
A report from the New York Post. "'Don’t panic,' said Jacob Channel, a senior economist at LendingTree. 'What you absolutely shouldn’t do in a period like this is panic and think the sky is falling. If you do that, you’re…
A report from Community Impact in Texas. "Median home prices in Northwest Austin are down $67,000 from July to August, according to the Austin Board of Realtors monthly report released on Sept. 15. August median home prices stood at $577,000,…
A report from CBS 8 in California. "'Sellers are getting a little spooked. They’d like to take their money off the table, take the risk off the table and as a buyer, if you can position yourself correctly you can…
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…