A report from Bloomberg. "Worsening conditions in the U.S. mortgage-backed securities market are doing little to ease fears over financial contagion. Demand for home purchases and refinancing continued to take a hit last month, as U.S. mortgage rates increased to their…
A report from Business Insider. "Realtor.com has re-examined its previous housing market predictions for this year and pointed them in the opposite direction. 'We made a bold call that home prices wouldn't go down in 2023, and with the latest…
A weekend topic starting with Bisnow South Florida. "Short term rentals have proliferated across Miami as developers race to meet demand that surged during the pandemic. At least 4,312 short-term rental units across 12 projects have been proposed or started…
It's Friday desk clearing time for this blogger. "U.S. existing-home prices posted their biggest year-over-year decline in more than 11 years last month. The national median existing-home price fell 3.1% in May from a year earlier to $396,100, the largest…
A report from the Dallas Morning News in Texas. "The median Plano home sale price dropped from $540,000 in March 2022 to $500,000 in March 2023, a 7% decrease in line with neighboring Collin County cities. Median home prices for…
A report from the Dallas Business Journal in Texas. "Homes in Dallas-Fort Worth are selling far more slowly and for lower prices than they were a year ago, according to Re/Max. The median home sale prices in DFW was down…
A report from Yahoo Finance. "Rental landlords may have to brace for impact. 'We're going to deliver more supply than what we can realistically absorb,' Carl Whitaker, director of research at RealPage told Yahoo Finance. The pressure will come during…
A report from Community Impact in Texas. "The latest report from the Austin Board of Realtors shows the average price of homes in Round Rock in May sat at $547,953, which represents an 11.6% decrease from May 2022, when the…
A weekend topic starting with The Street. "Research from real estate investment firm Amherst Group, as cited in Forbes, shows that the housing market is overvalue by as much as 40%. Amherst manages $16.8 billion in capital for investors and…
A report from CBS 5. "The Valley housing market is cooling down, experts said, correcting after what used to be one of the hottest markets in the country. Median home prices are down more than $50,000 from this time last…