A report from USA Today. "In a stealth aftershock of the Great Recession, nearly 100,000 loans that allowed senior citizens to tap into their home equity have failed, blindsiding elderly borrowers and their families and dragging down property values in…
A report from WHEC in New York. "A bank filed to foreclose on five Rochester properties owned by developer Bob Morgan, according to paperwork filed with the Monroe County Clerk's Office. The Tompkins Bank of Castile claims a number companies…
A report from the Tennessean. "Unsustainable home-price growth and an inventory surplus helped move Nashville into the top 10 markets for home buyers in the United States, according to a new report that provides further evidence of cooling demand in the…
A report from Mansion Global. "Home buyers in Los Angeles County, once one of the nation’s most competitive housing markets, are now gaining the upper hand. The city ranked No. 6 in the nation for top buyer’s markets in the…
A report from the Herald Tribune in Florida. "The 'West of the Trail' neighborhood has been the golden child of Sarasota’s residential real estate market for decades. But there is a change happening, says real estate appraiser Don Saba, who…
A report from the Washington Post. "Federal Reserve Chair Jerome Powell gave a speech a couple of weeks back that showed that financial regulators have learned many lessons from the 2008 financial crisis, but not the most important one, namely:…
It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…
A report from Marketplace. "It’s never easy to set the price of a home. It gets even trickier in a cooling housing market. Nancy McInerny of Aberdeen, Maryland listed her four-bedroom house for $399,000 in January. Four months and two…
A report from the Associated Press. "Andy and Stacie Proctor made a bid on a house in the Salt Lake City suburbs, only to rescind it upon learning there were 13 rival offers. At one point, they almost decided not…
Two reports from CNBC. "Your home may be many things. But one thing it is not is a great investment, according to Jonathan Clements, editor of HumbleDollar.com and author of 'How to Think About Money.' That’s because the price appreciation…