A weekend topic starting with a press release. "ATTOM released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter of…
A weekend topic starting with Quartz. "The press has noted that more than 6 million homes may be sold this year, more than any time since 2006. For those familiar with real estate busts, this may be an ominous sign.…
A weekend topic starting with the Gunnison Times in Colorado. "Despite a valleywide housing crisis that has hit both residents and local businesses, 41% of housing units in Gunnison County are considered vacant, according to 2020 data from the U.S.…
It's Friday desk clearing time for this blogger. "In early October 2021, Zillow recorded its most active week buying homes in Phoenix. Then suddenly it stopped buying. John Wake, who has been a realtor around Phoenix since 2003, had one…
A report from WPTV on Florida. "Zillow is hanging a 'for sale' sign on as many as 30 homes in Palm Beach County. Along West Lake Drive in Lake Clarke Shores is a house for sale that has an interesting…
A weekend topic starting with WFTS in Florida. "The current market has made it hard to predict how much a house would sell for, which is causing Zillow to lose money. The company currently owns at least 100 homes in…
A report from Bloomberg. "No city exemplifies the mania of the Covid-era U.S. housing market better than Boise, Idaho. But in a sudden reversal, buyers are now the ones with power. Asking prices for houses are being slashed. Demand has…
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…
A report from the Idaho Statesman. "Broker Kristin Scanlon predicts we will see home prices decrease again as existing home prices follow the decline of new home prices heading into winter. 'There are huge subdivisions going in left and right,'…
A report from the Austin Business Journal in Texas. "More evidence is rolling in that indicates the period of rapidly increasing monthly housing prices may be coming to an end. The Austin Board of Realtors' most recent market update, released…