A report from NBC News. "It's a red-hot real estate market — so why are home sales plunging? 'Given the housing shortage and strong demand — there's nothing to suggest home prices will be falling,' National Association of Realtors chief…
A report from Reuters. "Federal Reserve Bank of Richmond President Thomas Barkin on Tuesday said surging home prices are being driven by a jump in demand and constrained supply but not by excess leverage, reducing the potential risk to the…
A report from Yahoo Money. "FOMO is a powerful thing — sometimes powerful enough to spur a life-changing decision like buying a house, selling a property or refinancing a mortgage. Krystle Harvey, who refinanced twice in 2020, says FOMO was…
A report from CNBC. "Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a 'wild West' mentality among investors. According…
A weekend topic starting with ABC 15 in Arizona. "The intimidating home prices across the Valley are not scaring away buyers. In fact, many are emboldened by failed offers to be even more aggressive when approaching the next one. 'I…
A weekend topic starting with the Vancouver Sun. "'If we can find a bunch of billionaires from around the world to move here, that would be a godsend. Because that’s where the revenue comes to take care of everybody else.'…
It's Friday desk clearing time for this blogger. "Bryant Vayhinger, president of the Colorado Association of Real Estate Appraisers, is not exactly popular these days. 'We're providing a service, but our service is to the banks. That's a misconception a…
A report from the Salt Lake Tribune. "Utah’s housing crisis may be more about shrinking paychecks than a shortage of homes. 'No matter where you go, there is a significant percentage of the population that are having housing insecurities due…
A report from the Wall Street Journal. "More than a year into the pandemic, high-rise office buildings are largely empty. About one of every two hotel rooms is unoccupied. Malls are struggling to attract shoppers. And yet by most measures,…
A report from Boston 25 News in Massachusetts. "Despite this persistent rise in prices, UMass Boston economics professor Keren Horn, doesn’t believe this is a bubble. Horn has been looking at the types of transactions taking place. 'I really don’t…