A report from the Idaho Statesman. "Borrowers struggling with a low credit score, history of bankruptcy or limited savings who may not be eligible for a conventional loan are taking advantage of Federal Housing Administration loans instead, said Jared Olsen,…
It's Friday desk clearing time for this blogger. "In the last 10 years, the average home price has doubled in the KC metro area, from roughly $140,000 to more than $350,000. It took six weeks, and $60,000 more than they…
A report from the News Tribune in Washington. "Median closed sale price for existing homes in Pierce County in July was $541,000, down from June’s $545,000 and $575,000 in July 2022, according to the latest Northwest Multiple Listing Service report.…
A report from the Wall Street Journal. "Some of the biggest names in commercial real-estate lending have all but turned off the spigot. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real-estate investment trusts,…
A weekend topic starting with the Washington Post. "The first share of $80 million that D.C. officials expect to reap from multistate opioid settlements has landed in District coffers, critical support for stemming an epidemic that claims more lives annually…
A report from Deseret News. "Utah’s housing prices are still down compared to last year. Year over year price declines span across all Wasatch Front counties — Salt Lake, Utah, Davis, Tooele and Weber — but the biggest drops were…
A report from KOMO-TV in Washington. "According to Redfin, luxury home prices dropped by double digits in several west coast cities. San Francisco saw the biggest loss of more than 12.7% in a year. Seattle is close behind at a…
A report from Reuters. "New home sales dropped 2.5% to a seasonally adjusted annual rate of 697,000 units last month, the Commerce Department said on Wednesday. May's sales pace was revised lower to 715,000 units from the previously reported 763,000…
A report from Mansion Global on New York. "Last week was a relatively sluggish one for Manhattan’s luxury housing market, according to Monday’s report from Olshan Realty. Sales volume, based on the most recent asking prices, took a notable dip,…
A report from KRDO in Colorado. "According to a broker associate at Re/Max of Pueblo Inc., Mike Pospahala, two years ago there was a lot of competition to buy a home. He said a lot of homes were sold above…