A report from the Pueblo Chieftain in Colorado. "'There’s layoffs coming, I am sure,' said Randy Nobiensky, self-employed contractor with RH Builders. 'We are all connected, all in the same boat, and with the interest rates where they are. People…
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A report from CBS News. "The following is a transcript of an interview with JPMorgan Chase CEO Jamie Dimon that aired Sunday, Dec. 11, 2022. MARGARET BRENNAN: But in this moment we're in right now - you have mortgage rates…
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
It's Friday desk clearing time for this blogger. "'In this particular market, the metro Detroit market we’re actually seeing home prices dropping. I’m seeing home prices drop by $10,000 a month,' said broker Maynard Neal." "'Now that we’re entering a…
A weekend topic starting with the Marin Independent in California. "The median price of a detached home in Marin County fell to $1.675 million last month, nearly wiping out the gains for the year, according to the latest county data.…
A report from Fortune. "That Pandemic Housing Boom coincided with a staggering 42% jump in U.S. home prices between March 2020 and June 2022. Of course, that demand boom hasn't just fizzled out—it's doing a 180: On a year-over-year basis, mortgage purchase applications…
A report from Time Magazine. "Jim Ewing is an Airbnb host whose social media post about his property’s occupancy rates sparked the original viral tweet about an Airbnb bust. He’d posted to an 'Airbnb Superhosts' Facebook group about his struggles.…
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A weekend topic starting with the Colorado Sun. "Back in 2015, the median sales price for a house in Colorado was $285,000, according to the Colorado Association of Realtors. Between January and September, the median price averaged $575,000. 'As you…