A report from Fox Business. "The U.S. Department of Veterans Affairs (VA). The VA has said it backed a record breaking 1.2 million loans in 2020, and a new study suggests it's already on pace to break that record again…
It's Friday desk clearing time for this blogger. "After months of mayhem in the real estate market, data shows homebuyers may finally be taking a breather, with real estate agents reporting slowdown in showings and bidding wars. Kyle Hioki said…
A report from the News Daily in Georgia. "Several weeks back, I asked in this space, 'What is the plan?' An extended eviction and foreclosure moratorium, put in place by the CDC during this lengthy pandemic will expire on July…
A report from the Santa Fe New Mexican. "'So, what do you make of this housing bubble?' I am occasionally asked. In 2007, I obtained a 'no doc' loan. Then came the crash of October 2008. Almost overnight, the value…
A report from DS News. "An estimated two million homeowners remain in forbearance plans. By stage, 10.7% of total loans in forbearance were in the initial forbearance plan stage, while 83.1% were in a forbearance extension, and the remaining 6.2%…
A report from the Wall Street Journal. "In an interview, Dallas Fed President Robert Kaplan mentioned mortgage purchases, which he believes contributed to rising home prices, 'these purchases have unintended consequences and side effects.' In an interview with CNBC on…
A weekend topic starting with NBC DFW. "Invitation Homes CEO Dallas Tanner told CNBC he believes the U.S. housing market is 'extremely healthy' right now. 'I would expect that home prices stay relatively stable, if not continue to grow in…
A report from the Times of San Diego in California. "Jason Elliott, Newsom’s top advisor on housing and homelessness, was joined on the virtual panel, by Jennifer Svec, legislative advocate for the California Association of Realtors, Assemblymember Buffy Wicks, a…
A report from Reuters. "Federal Reserve Bank of Richmond President Thomas Barkin on Tuesday said surging home prices are being driven by a jump in demand and constrained supply but not by excess leverage, reducing the potential risk to the…
A weekend topic starting with the Vancouver Sun. "'If we can find a bunch of billionaires from around the world to move here, that would be a godsend. Because that’s where the revenue comes to take care of everybody else.'…