It's Friday desk clearing time for this blogger. "Until recently, experts haven't widely supported the possibility of a housing bubble about to burst, especially in states like Utah. Dejan Eskic, at the University of Utah told the Deseret News on…
A report from CBS News. "The average mortgage rate jumped to 4.42% for the week ended March 24, according to Freddie Mac. That's a more than a one percentage-point jump since January 2022. Ian Shepherdson, chief economist at Pantheon Macroeconomics,…
A report from the Ledger in Florida. "Thomas Gebregergis had $100,000 in cash and was looking to secure a spacious second home. He turned to the foreclosure market and offered $28,100 on what he thought would be a dream property…
A report from the Sylva Herald in North Carolina. "At the start of the new year home sales across the 13-county Asheville region continued to buck trends, as 906 homes sold, representing an increase of 2.5 percent over sales in…
A report from WGHP on North Carolina. "Investment firms are scooping up more and more homes for sale in the Triad. Diane Spivack, a resident of Brightwood Farm, started asking herself who her neighbors were when she saw some people…
A weekend topic starting with Yahoo Finance. "The Federal Reserve’s top figure said Thursday that the central bank should have acted sooner to pull back on its pandemic-era stimulus and get ahead of rising inflation. Fed Chairman Jerome Powell told…
A report from the Seattle Business Journal in Washington. "Rising mortgage rates are expected to put a damper on double-digit home price increases in the next 12 months, especially in the Bremerton-Silverdale area, which was singled out as having one…
A weekend topic starting with the Idaho Press. "The typical price for Idaho starter homes has increased almost 80% since 2019, from around $171,000 to $306,000 as of January 2022. The problem: Homes are where jobs sleep at night, as…
A report from the Review Journal on Nevada. "The last time Las Vegas had a major housing bubble, things didn’t end well. Here’s hoping it ends differently this time. It’s not fun to think about, but there are many signs…
A report from The Daily News in Washington. "What goes up, must come down — except for the housing market, experts say. Longtime loan officer and Longview native Jon Trussell oversaw the opening of a national mortgage lender branch in…