A report from Fox Business. "The share of mortgages with a rate below 6% has fallen to 88.5% from a record high of 92.8% in mid-2022, indicating that some homeowners have given up their lower rate to move, according to…
A report from the American Statesman. "Just as it is a buyer's market in Central Texas' single-family housing market, so too is it a renter's market in the Austin-area apartment market. Likely to the dismay of landlords and delight of…
A report from KSNV in Nevada. "Clark County reports issuing 13 citations in the last week to homeowners operating illegal short-term rental properties in unincorporated Clark County before the Super Bowl. 'Some homeowners are still trying to comply with the…
A weekend topic starting with Bloomberg. "The surge in immigration will help bolster the US economy by about $7 trillion over the next decade by swelling the labor force and increasing demand, the Congressional Budget Office said on Wednesday. The…
A report from the Daily Mail. "New York City real estate developer Nir Meir and other industry executives were indicted for stealing $86 million from investors through a failed luxury apartment development. Meir, 49, and several other executives from HFZ…
A report from WTBW in South Carolina. "Ted Daniels recently moved to Myrtle Beach in July 2023 from eastern Pennsylvania. He said he found his home online and put an offer in right away. 'I knew that the market was…
A report from Sarasota Magazine in Florida. "See ya later, panic-buying, bidding wars and forgone home inspections. The post-Covid buying rush is all but gone, and important housing market markers like inventory, and days on the market have increased substantially…
It's Friday desk clearing time for this blogger. "The expanding choices of new homes appealed to Steve Hawthorne, a co-owner of a shoe store in Hudson, Ohio. After owning older homes for most of his life, he said, he was…
A report from the Idaho Statesman. "In 2023, home sales in Ada and Canyon counties fell to their lowest point since 2009. 'The past year was a needed correction in the market,' said Mike Pennington of John L. Scott Real…
A report from the Arizona Republic. "Metro Phoenix’s housing market ended 2023 better than 2022, when there was an abrupt slowdown due to rising interest rates. But last year was still a slow one for home sales after the frenzy…