A report from CNBC. "There's a 'big risk' of real estate companies filing for insolvency when interest rates rise, said Nils Kuhlwein of consulting firm Kearney. The real estate sector had the highest absolute number of 'zombie' companies and the…
It's Friday desk clearing time for this blogger. "Mortgage rates are at the highest level since before the pandemic. 'I would say right now, don’t buy into the fear that rates are going up, and this is the end of…
A report from the Idaho Statesman. "Newly constructed homes in Ada County dropped from a median price of $601,301 in November to $579,990 in December. The relative affordability that once helped attract buyers from more expensive places has partially worn…
A report from Candy's Dirt in Texas. "We regularly hear, 'Why is there a cow skull in every house you show us, and what is it with the love of red paint?' 'Wow, you have a lot of outdated homes…
A report from Mortgage Professional America. "'Bidding wars are still happening, but buyers are starting to get more breathing room,' said Jill Thompson, a Redfin agent in Indianapolis, where the bidding-war rate dropped to 36.8% in November from 73.6% in…
A weekend topic starting with the Northwest Florida Daily News. "The Crestview-Fort Walton Beach-Destin metropolitan area saw a massive increase in permits for new single-family homes in the past year. Alan Baggett, VP of The Building Industry Association of Okaloosa…
It's Friday desk clearing time for this blogger. "The world’s tallest residential building is giving out some sky-high discounts. A mystery buyer has plunked down $40.83 million for a five-bedroom, full-floor spread at Central Park Tower on 57th Street. That’s…
It's Friday desk clearing time for this blogger. "People seeking to buy a home in Delaware County were practically offering their first-born child to secure a property earlier this year, Realtor Jamie Kerezsi joked. Now, Kereszi is seeing more price…
It's Friday desk clearing time for this blogger. "Have Northern Virginia home sellers missed the sweet spot? The D.C. region’s red-hot housing market has begun to show signs of fatigue, and in Northern Virginia the market softened in August. 'Overall…
A report from the Washington Post. "Q: When we bought our house nearly 27 years ago, we wondered if we were overpaying. It was the mid-1990s, and houses in our neighborhoods of choice were in extremely short supply. The math…