A report from the LA Business Journal in California. "Agents agree that a lot of the reason we are seeing more mansions sell at auction is that properties are simply listed too high and in some cases, sellers want to…
A report from the Ledger in Florida. "Thomas Gebregergis had $100,000 in cash and was looking to secure a spacious second home. He turned to the foreclosure market and offered $28,100 on what he thought would be a dream property…
A report from the Sylva Herald in North Carolina. "At the start of the new year home sales across the 13-county Asheville region continued to buck trends, as 906 homes sold, representing an increase of 2.5 percent over sales in…
A report from KUTV Salt Lake City in Utah. "'We keep talking about housing crash, housing crash, housing crash,' said Dejan Eskic, senior research fellow at the Kem C. Gardner Policy Institute — but he doesn’t see that happening. 'The…
A weekend topic starting with the Washington Post. "After steadily growing for a decade and a half, the District of Columbia shrank this year by around 20,000 residents, or 2.9 percent. The sharp drop in the District’s population was no…
A report from the Daily Mail. "In his three-minute call, Vishal Garg CEO of mortgage lender Better.com Vishal Garg, said that the 'market has changed' - meaning savage cuts to the $7 billion company's workforce were needed to avert disaster.…
A report from the Oklahoman. "Landon Whitt, CEO of OKCReal, said he's seen what may be some cooling in investor demand. 'I have had three different investors get cold feet after placing an offer, and pull out of the deal,…
A weekend topic starting with Quartz. "The press has noted that more than 6 million homes may be sold this year, more than any time since 2006. For those familiar with real estate busts, this may be an ominous sign.…
A report from the LA Daily News in California. "Since 2000, U.S. inflation has averaged 2.2%, according to the Consumer Price Index, while rates on 30-year mortgages averaged 5%, according to Freddie Mac. So historically speaking, loans are usually priced…
A weekend topic starting with the Gunnison Times in Colorado. "Despite a valleywide housing crisis that has hit both residents and local businesses, 41% of housing units in Gunnison County are considered vacant, according to 2020 data from the U.S.…