It's Friday desk clearing time for this blogger. "A luxury real estate brokerage that handled some of Orange County’s biggest and most iconic home sales has shut down. Villa Real Estate closed all three of its offices in Newport Beach…
A report from KIII TV. "Despite the economic downturn and sky-high inflation, the number of home foreclosures in our area is level, or even slightly lower than past years. Corpus Christi mortgage banker Claudia Mostaghas said people in the Coastal…
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
A report from Deseret News. "More than a month after the failure of the Silicon Valley Bank, Moody’s Investors Service downgraded 11 investors. Moody’s research released on Friday suggests that the industry is experiencing greater instability from several bank failures…
A report from CBS Bay Area in California. "Oakland is one of the last cities in the Bay Area hanging on to its eviction moratorium. Many mom-and-pop landlords claim their tenants are taking advantage of the policy, leaving them at…
A report from the New York Post. "According to the Florida Department of Highway Safety, 10,824 Empire Staters swapped out their licenses in the first three months of this year. A Naples broker told The Post this week that this…
A report from Salt Lake City Weekly. "As Utah's real estate market sizzled during the COVID pandemic, Matthew Borsodi, a compliance officer at one of Utah's largest mortgage lenders, filed a federal complaint alleging that his former employer skirted rules…
A report from the Idaho Statesman. "The median price of a single-family home in Ada County in February was $492,115, according to the Intermountain Multiple Listing Service. That’s down 10.5% from February 2022, when the median price was $549,900. In…
A report from Business Insider. "Home rehabbers are quickly finding that the once-reliable method known as 'BRRRR' — short for buy, rehab, rent, refinance, and repeat — has become much riskier as home prices in hot pandemic markets fizzle out…
It's Friday desk clearing time for this blogger. "There are about 250,000 more homes for sale around the country than there were at this time last year, Realtor.com’s study says. Compared to January 2022, active listings are up 65%. Ogden,…