A report from Yahoo Finance. "Thirty-year mortgage rates cross over 7 percent as elevated rates and affordability woes squeeze homebuyers out of the market. 'Right now the mortgage rates are touching that cyclical high level, I don't think it will…
A weekend topic starting with The College Fix. "The 'Solidarity Journalism Initiative' at University of Texas at Austin teaches students to 'convey outrage' and and abandon neutrality with the funding of top tech companies and George Soros’ Open Society Foundations.…
It's Friday desk clearing time for this blogger. "The Collier County construction company, Metro Home Builders Inc. filed for bankruptcy and has now stranded families in the middle of the building process. Chris and Silvia Ceron are one of the…
A report from the Naples Daily News in Florida. "As anticipated, Metro Home Builders of Naples has filed for bankruptcy. Owner Alberto Hernandez plans to sell off the company's assets to pay off its debts. Effectively, he's already gone out…
A report from Bloomberg. "Owners of San Francisco’s office towers, shopping centers, hotels and homes are flooding the county with appeals to slash their property assessments — and tax payments — as real estate prices sink in the beleaguered city.…
A weekend topic starting with Truthout. "National media outlets have trained their sights on Portland, Oregon, releasing hit piece after piece. The New York Times published no fewer than three articles about the state’s drug decriminalization in a single week.…
It's Friday desk clearing time for this blogger. "In the last 10 years, the average home price has doubled in the KC metro area, from roughly $140,000 to more than $350,000. It took six weeks, and $60,000 more than they…
A report from the News Tribune in Washington. "Median closed sale price for existing homes in Pierce County in July was $541,000, down from June’s $545,000 and $575,000 in July 2022, according to the latest Northwest Multiple Listing Service report.…
A report from the Wall Street Journal. "Some of the biggest names in commercial real-estate lending have all but turned off the spigot. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real-estate investment trusts,…
A report from Bay City News Service in California. "Bay Area cities have experienced some of the biggest drops in home prices across the country, including Dublin at the top of the list, according to a new study evaluating typical…