A report from NBC News. "Silicon Valley Bank is shutting down. The California Department of Financial Protection and Innovation said Friday that it was taking over and closing the distressed bank to protect deposits, naming the Federal Deposit Insurance Corporation…
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A report from CNBC. "'It is definitely a hard landing for housing,' said one homebuilder in the Denver area. 'There's this cliff that's happening in January,' said Gene Myers, CEO of Thrive Homebuilders in the Denver area. He predicted that…
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A report from the Washington Post. "When Larry Frum listed his townhouse in Laurel, Md., this past August, his real estate agent assured him it would sell in three or four days. But that’s not what happened. 'Three to four…
A weekend topic starting with Everything Lubbock in Texas. "Mortgage rates are at a 14-year high, which could delay first-time home buyers, the Lubbock Association of Realtors said. 'What has had an effect on [the housing] market is rising interest…
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A report from WINK News in Florida. "Peter Davis, a broker based in Cape Coral, said he noticed a shift in the market this spring. 'Junk doesn’t sell and buyers aren’t willing to overpay for junk right now because the…