A report from the Wall Street Journal. "Inflated bond ratings were one cause of the financial crisis. A decade later, there is evidence they persist. In the hottest parts of the booming bond market, S&P and its competitors are giving…
A press release from Redfin. "Eleven percent of offers nationwide faced a bidding war in July, down from more than 45 percent a year earlier, according to Redfin. The national bidding war rate hasn't surpassed 15 percent since November 2018,…
A report from the Home Buying Institute on California. "Last month, we reported on the situation in San Jose. House values in that California city are dropping steadily. But the 'damage' is not limited to that one housing market alone.…
A report from Forbes. "The Federal Deposit Insurance Corporation (FDIC) warned of potential credit and market risks that market participants should definitely heed. In particular, the FDIC’s 2019 Risk Review Report released yesterday highlighted concerns in the agricultural, commercial real…
A report from the Wall Street Journal. "U.S. home sales slumped in June as home prices for major West Coast cities declined for the first time since 2012, ending the spring selling season with a thud. 'Prices have dropped in…
A press release from Redfin. "Only six of the 85 largest metro areas Redfin tracks saw a year-over-year decline in their median sale price, the biggest of which was once again in San Jose, where home prices were down 4.9…
A report from Realtor.com. "The postcrash price growth might actually be higher than most thought. Home prices shot up a cumulative 50% over the past decade, from June 2009 through May 2019, according to CoreLogic. Wages also rose over the…
A report from Westword in Colorado. "The real estate scene in Denver hasn't fully transitioned into a buyer's market. But it's shifting in that direction, as indicated by how many more concessions metro-area sellers are willing to grant now as…
An editorial from Savannah Morning News. "This summer marks 10 years from the end of the worst recession since the Great Depression. In the years before the recession, those of us who warned of looming dangers were often dismissed as…
A report from Michigan Live. "An Ann Arbor condo development just up the street from the University of Michigan Hospital is on hold after the developer had trouble pre-selling units. 'Morningside has ceased Nine99 Condominium marketing due to insufficient pre-sales,'…