A report from the Record Courier. "A lack of inventory, low interest rates and eager buyers have sent Douglas County home prices into the stratosphere. Nevada Board of Realtors President Brad Spires said that the median price per square foot…
A report from Realtor.com. "The residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. 'The very nature of the pandemic, through the health implications, social…
A report from the Orange County Register. "Skipped mortgage payments across California are jumping to levels not seen since the mortgage mess surrounding the Great Recession. Let’s start with a few numbers from mortgage tracker CoreLogic and its measure of…
A report from Forbes on New York. "'This certainly doesn’t look good,' Victor Rodriguez tells me. Rodriguez is Director of Market Analysts for real estate intelligence firm CoStar Group. 'The problem for New York City’s office and residential markets is…
A report from the Wall Street Journal. "Fannie Mae and Freddie Mac said they would impose a new fee to insulate themselves from losses on refinanced mortgages they guarantee, a sign of potential turbulence in the housing market. 'For the…
A report from the San Francisco Chronicle in California. "Historically, the spring selling season in San Francisco is the most active of the year, with new listings, sales and market prices all climbing steadily out of the mid-winter slowdown. But…
A report from CNBC. "A broad coalition of mortgage and finance industry leaders on Saturday sent a plea to federal regulators, asking for desperately needed cash to keep the mortgage system running during the coronavirus pandemic, as requests from borrowers…
A report from The Real Deal on New York. "It was one of many signs last year that a growing number of New York City condo developers are on borrowed time. Bank OZK had committed $108 million to finance a…
A report from the Douglas Digital Daily in California. "Forget what’s fashionable in floor plans, decor or color palettes. This year’s hot housing flavor is something every house hunter can agree upon: a price discount. It’s no blip. The frequency…
A report from CNBC. "Mortgage rates are around the lowest in three years, but buyers are suddenly much more cautious about purchasing a home. Competition is cooling, and consequently sellers can no longer command any price. At an open house…