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 Housing Wire. "It looks like borrowers who don’t fit neatly into Fannie Mae and Freddie Mac’s lending criteria could soon be running out of options if they want to buy a house. Over the last week, many…
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 Go Local Prov in Rhode Island. "For nearly three years, the proposed 46-story Fane Tower has been meandering its way through a complex web of Rhode Island’s overlapping regulatory structures. Across the United States -- and including…
A report from the Longmont Times-Call in Colorado. "Even as data shows Boulder and its surroundings are experiencing a 'much-needed' housing market correction, the city last week for the fifth straight year landed atop a national finance researcher’s list of…
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…
A report from Sonoma News in California. "Build 3.5 million new dwelling units by 2025 and California’s housing shortage will be solved, Gov. Gavin Newsom prescribed during his campaign last year and several times since. But the simple formulae peddled…
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…
It's Friday desk clearing time for this blogger. "In Seattle and King County, home prices in May were down substantially from a year ago. The price of the median home in Seattle dropped 5.4 %, to $784,925, compared to May…
A report from Market Watch. "Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said. The trend is solidly downward. April marked the 16th-straight month of…