A report from KIRO 7 in Washington. "Homebuyers have faced a hot housing market for years, but things may finally be cooling off, and buyers could see more leverage in the market. 'It’s awesome news for homebuyers who have been…
A report from News Source 8 in Maine. "It’s no secret that real estate is a hot topic nationwide. 'The average median price for Aroostook county is 129,950 dollars that is for a single family residential in Aroostook county. So…
A report from the Real Deal. "More than one in four houses purchased by rental investors in the fourth quarter was a newly built home, according to data. Cash-rich investors see potential in single-family rentals, especially as mortgage rates rise,…
It's Friday desk clearing time for this blogger. "Homeowners interested in selling are rushing to dump their domiciles before possible buyers run away. 'The thought of rising interest rates has lit a bit of fire to our timeline,' Meri Schroeder,…
A report from Bloomberg. "U.S. home prices shows signs of becoming 'unhinged from fundamentals' like they did in the housing bubble that preceded the 2008 crash, according to a blog post by the Dallas Federal Reserve bank. 'Our evidence points…
A report from the New York Post. "Blackstone Group’s transfer of a $308 million loan on 1740 Broadway to a special servicer had real-estate jaws dropping on Wednesday. A knowledgeable source said of the move, 'They overpaid for the building…
A report from Mortgage Grader. "Why is Freddie Mac throwing out automated appraisals for certain refinances that have seemingly worked well for five years? In June 2017, Freddie introduced refinance appraisal waivers on eligible properties, expanding the program to purchase…
A weekend topic starting with Fox 43 in Maryland. "The Federal Reserve raised interest rates on Wednesday for the first time since 2018. 'Just get into the house without paying any extra fees or points if you have to, just…
A report from Nerd Wallet. "On average, list prices fell 1% from the third quarter to the fourth, among the largest metro areas. However, some markets saw prices drop by double digits. Compared with the last quarter of 2020, prices…
A report from Market Watch. "Researchers pointed to Miami as an example for their argument. During the market’s peak in late 2006, buyers there paid nearly $340,000 on average to purchase a home. Only now are many of those buyers…