A report from the Wall Street Journal. "Companies such as Opendoor aim to bring Wall Street-style efficiencies and Silicon Valley software to the housing business. Zillow came to Phoenix last spring to test its own computer-driven flipping strategy. In May…
A report from the Wall Street Journal on New York. "Stock investors are dumping shares of community banks with big real-estate lending businesses that could suffer from New York’s stricter apartment-rent regulations. Since property values are often based on the…
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…
A report form the Orange County Register in California. "April was the second straight month L.A. County house prices failed to beat inflation. Orange County price gains have been below the inflation rate since November. Orange County house prices were…
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…
A report from Marketplace. "It’s never easy to set the price of a home. It gets even trickier in a cooling housing market. Nancy McInerny of Aberdeen, Maryland listed her four-bedroom house for $399,000 in January. Four months and two…
It's Friday desk clearing time for this blogger. "The global financial outlook 'kinda sucks,' said UC Santa Barbara professor Peter Rupert. This year, because of an 11 percent drop in the median house price, from $718,000 to $655,000, Santa Barbara…
A report from the Herald Tribune in Florida. "One of Florida’s premier economic forecasters handed a full banquet room a bouquet of fragrant roses — that being a metaphor for a sweet future for the state. 'Florida is outperforming the…
It's Friday desk clearing time for this blogger. "In April, there were 1,852 more homes on the market than the same time in 2018, according to the Denver Metro Association of Realtors. That’s a 36 percent increase and the most…
A report from Inman News. "'While overall foreclosure activity is down nationwide, there are still parts of the country that we need to keep a close eye on,' said Todd Teta, chief product officer at Attom Data Solutions. 'For instance,…