A weekend topic starting with the New York Times. "The last time such home price growth occurred was in the years leading up to the housing crash. But even at the height of the bubble in 2006, only about 40%…
It's Friday desk clearing time for this blogger. "California’s $5.2 billion pandemic rental relief fund is running out of money. 'Many owners have received no rent for months. They cannot pay their taxes, mortgages and other expenses if the rent…
A report from CNBC. "There's a 'big risk' of real estate companies filing for insolvency when interest rates rise, said Nils Kuhlwein of consulting firm Kearney. The real estate sector had the highest absolute number of 'zombie' companies and the…
A report from Mediafeed. "One longstanding guideline for property investors that has been the subject of countless articles is 'the 1 percent rule in real estate.' The 1 percent rule is a formula that says the monthly rental should equal…
A report from the Philadelphia Inquirer in Pennsylvania. "For most families, owning property is the primary way they build wealth. As prices start to cool off over the next few years from sky-high growth, some people may find that their…
A report from the Northside Sun in Mississippi. "'People are paying so much more for houses than they did a year and half to two years ago,' said William Fincher, a Realtor in Madison County. 'They are paying $40,000 to…
A weekend topic starting with Mortgage News Daily. "So why did rates spike on Friday? This is actually a bit of a trick question. Rates have been rising in general since late 2020. The current rate spike really began last…
It's Friday desk clearing time for this blogger. "Mortgage rates are at the highest level since before the pandemic. 'I would say right now, don’t buy into the fear that rates are going up, and this is the end of…
A report from Newsday. "After offering protection for homeowners for nearly two years, New York state’s moratorium on foreclosures is set to expire Saturday, and data show 14,500 Long Island borrowers are seriously behind on their mortgages. Nick Sakalis, a…
A report from Arlington Now in Virginia. "We’ve seen an upward tick in new listings by approximately 10 percent compared to last week. We’ve also tracked a nearly 400 percent increase in the number of Just Reduced properties week-over-week. In…