It's Friday desk clearing time for this blogger. "'I don’t believe it is rebalancing anymore,' said Tony Fink, a licensed agent in Raleigh. 'I think is is rebalanced, it has already occurred. It was not possible for us to sustain…
A report from CNBC. "'I think over the next quarter or two there will be some price discovery as we match up mortgage payments with pricing,' said Doug Bauer, CEO of Tri Pointe Homes. 'The consumer, really, it was mid-June…
A report from KRQE on New Mexico. "The Albuquerque real estate market took off over the last two years, often forcing home buyers into a bidding war. But now that hot housing market is cooling off thanks to higher interest…
A report from BoiseDev in Idaho. "April Florczyk, the founder of 208 Market Real Estate, told BoiseDev that dynamics are shifting – especially in Ada County. 'The average active price is almost $150,000 higher than the sold price,' she said.…
A report from the Mortgage Research Center. "The share of U.S. properties for sale that received competitive offers from buyers in April dropped to the lowest level in more than a year, according to Redfin. 'Higher rates are also limiting…
A report from Richmond Biz in Virginia. "Joe Dunn, a veteran local mortgage executive, said as of last week around 135 of George Mason Mortgage’s more than 300 employees have since CMG Financial’s poaching began last month. Dunn said the…
A report from the Oregonian. "1912 remade Craftsman in Portland Heights: 2909 S.W. Upper Dr. is listed at $450,000. The property was listed for sale on Sept. 20, 2019 for $699,900, according to public records. The price dropped $200,900 about…
A report from the Commercial Observer on New York. "The Real Estate Board of New York, the powerful real estate lobbying firm, laid off staff and slashed executives’ salaries because of a decrease in membership dues caused by the coronavirus…
It's Friday desk clearing time for this blogger. "In the city of Los Angeles, where Greta Arceneaux’s property is, tenants who have been impacted by the virus will have up to 12 months from the end of the city’s emergency…