A report from Mortgage Professional America. "Potential home buyers are being edged out of the house market because of high property prices, mortgage brokers have told MPA. Figures show that new home sales fell to the lowest level in more…
A report from the Sioux Falls Argus Leader in South Dakota. "It’s a bit like Black Friday, but for homes instead of 72-inch TVs. Home buying is so competitive now that anyone looking has to plan ahead, down to their…
A report from CNBC. "The inventory of new homes for sale jumped from a 5.5-month supply in May to a 6.3-month supply in June. In June, the number of homes for sale that had not yet been started hit an…
A report from Politico. "House prices are surging, stocks have continued their stratospheric rise, and banks have more cash than they know what to do with. Yet the Fed is still pumping billions into the economy. Why? That’s what a…
A weekend topic starting with the Journal Record. "Today we dive deeper to better understand the anatomy of a bubble. In Poor Charlie’s Almanack, discussing the need for more reconciliation of psychology and economics, Mr. Charlie Munger cited a study…
A report from Seattle Met in Washington. "Who: Kim Colaprete, managing broker withTeam Diva Real Estate of Coldwell Banker Bain. Years in the business: 22. I sold something in 2016, what seemed like a pretty modest house in Bitter Lake,…
It's Friday desk clearing time for this blogger. "The number of new home purchases has certainly slowed amid the construction industry's struggles, though it’s not impossible for buyers to find a new home to purchase. In many cases, homebuilders have…
A report from Bisnow. "WeWork has washed its hands of WeLive, the co-living brand it launched a half-decade ago with grand aspirations. Around the time of the two openings, WeWork was telling investors that by 2018, it projected WeLive would…
A report from KDVR on Colorado. "The red-hot real estate market in Denver may be cooling off just a bit. New data shows there is more inventory available and the houses may not sell as quickly as they did in…
A report from the Dallas Business Journal in Texas. "Real estate agents and others in the residential business say they have seen DFW transition over the last couple of months from a completely insane housing market to what's still a…