A report from the Review Journal in Nevada. "In the southwest Las Vegas Valley, a one-story house for sale boasts vaulted ceilings, crown molding, and an open floor plan. It’s a 'gem,' the listing declares — and amid falling home…
A report from Bloomberg. "Cryptocurrencies plummeted so violently that a popular lending platform froze withdrawals to prevent a very modern kind of bank run. It was enough, for some, to resurface scary memories of the global financial crisis more than…
A report from Forbes. "New home sales unexpectedly plunged much more than economists projected—and for the fourth consecutive month—in April. 'In short, the party is over,' Pantheon Macro chief economist Ian Shepherdson said after the report, pointing out the collapse…
A report from Business Insider. "The top themes of the homebuilder survey were a slowdown in entry-level housing demand due to 'payment shock,' investors pulling back, and a ripple effect of rising rates moving up market, according to Rick Palacios…
A report from the Mississippi Clarion Ledger. Matt Wilson, President of the Mississippi Mortgage Bankers Association, believes the housing market's current state is not something about which to be alarmed. 'Mortgage rates are up, and they went up a little…
A report from the World Property Journal. "Based on a new report from Redfin, a fast-growing share of U.S. home-sellers are dropping their prices. 'The slowdown over the last two weeks has felt significant,' said Seattle-area Redfin real estate agent…
A report from Spectrum 1 on Massachusetts. "'Landlords have gotten hosed the whole time here,' said Mike DeLuca, who owns 35 rental units in Worcester. 'It’s all about of the tenants. I’ll tell you right now, these landlords are never…
It's Friday desk clearing time for this blogger. "Mortgage rates are at the highest level since before the pandemic. 'I would say right now, don’t buy into the fear that rates are going up, and this is the end of…
A weekend topic starting with the Washington Post. "After steadily growing for a decade and a half, the District of Columbia shrank this year by around 20,000 residents, or 2.9 percent. The sharp drop in the District’s population was no…
A report from the Erie Times-News. "November bought some relief for buyers as median sale prices fell 2.9% to $330,000, the largest monthly decline since the beginning of the pandemic, according to the November National Housing Report from Re/Max." The…