A report from NBC News. "'It’s gonna be tough, layoffs are a common occurrence right now. We’ve had a frenzy and it’s come to a screeching halt,' said Linda McCoy, who runs a mortgage business in Mobile, Alabama. 'It’s going…
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A report from Money Wise. "'It’s becoming increasingly clear that the real estate markets are headed for a correction,' says George Ratiu, senior economist with Realtor.com. In Austin, for example, buyers are regaining bargaining power as sales last month fell…
A report from the Coeur d’Alene Press in Idaho. "Rocket Homes reported that the median home price in May in Kootenai County was $521,000, down 30.8% from a month ago. The asking price for one Dalton Gardens, five-bedroom, 2,500-square-foot home…
A report from Candy's Dirt in Texas. "We regularly hear, 'Why is there a cow skull in every house you show us, and what is it with the love of red paint?' 'Wow, you have a lot of outdated homes…
It's Friday desk clearing time for this blogger. "Have Northern Virginia home sellers missed the sweet spot? The D.C. region’s red-hot housing market has begun to show signs of fatigue, and in Northern Virginia the market softened in August. 'Overall…
A report from the New Hampshire Bulletin. "There are some signs that the mania may be starting to diminish, housing experts say. There are little signs that the market could be nearing a turning point. The average number of days…
A report from National Real Estate Investor. "Snowballing distress in commercial real estate loans are threatening to become an avalanche that could overwhelm banks. Getting a glimpse behind the curtain on how bank loans are performing isn’t easy. 'It’s amazing…