A report from the New York Times. "In the class-action suit, a federal jury in Missouri ruled that the National Association of Realtors and several real estate brokerages had conspired to fix prices. 'Brokers are nervous that they won’t make…
It's Friday desk clearing time for this blogger. "More builders are offering new incentives to keep buyers on the hook in a tough housing market. How about free mortgage payments? That’s what one builder is doing. 'Right now, we’re offering…
It's Friday desk clearing time for this blogger. "Economists now project 2023 will mark the slowest year for home sales since 2008, when the housing bubble burst. This is the seventh week in a row that rates have risen, marking…
A report from the Pueblo Chieftain in Colorado. "Pueblo's real estate market remained stagnant in August with overall sold listings down 18% when compared to August 2022. Year-to-date residential home sales are down 25.5%. The length of time a home…
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 report from 425 Business in Washington. "SmartAsset found that the Seattle area hosts three of the top 25 spots in the lineup for the nation’s most expensive housing markets. Among the priciest is the Eastside’s Sammamish area. At the…
A report from KIII TV. "Despite the economic downturn and sky-high inflation, the number of home foreclosures in our area is level, or even slightly lower than past years. Corpus Christi mortgage banker Claudia Mostaghas said people in the Coastal…
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
It's Friday desk clearing time for this blogger. "After predicting that the sluggish housing market had started to rebound in January, Redfin this week blamed real estate market conditions as part of the reason for its latest round of layoffs.…
A report from the Orange County Register in California. "Orange County’s more affordable housing has been hit harder by the home-price collapse coming off May 2022’s pandemic-fueled bubble. The countywide median selling price was $950,000 in January, according to CoreLogic.…