It’s A Common Conversation
A report from WTOP. "Bright MLS reports new listings of condos and co-ops in the D.C. metro in October were up 49.2% from a year ago, a 10-year high for the second month straight. That does not mean there is…
How Do We Stop Bleeding Money Before It Gets Worse?
A report from Bisnow. "Landlords are under pressure, and optimism is in short supply among mom-and-pops and midsized owners. 'It's a dire situation,' MassLandlords Executive Director Douglas Quattrochi said. 'Landlords are also dipping into their savings. I've talked to many…
Some Experts Are Starting To Drop The F-Bomb
A report from Seven Days in Vermont. "Signs of the times were impossible to miss along the Church Street Marketplace in Burlington. 'For lease' signs hung in windows once occupied by retailers. Uncommon Grounds coffeehouse, Half Lounge speakeasy, David's Tea,…
You Have Developers In The Mood, They Want To Close ‘Em Out
A report from Arlington Now in Virginia. "What a difference a few months can make. We’ve certainly seen the COVID-19 pandemic make its mark on the Just Reduced column. At the beginning of the year we were seeing only a…
Forbearance On Terms Which No One Can Accept
A report from the Wall Street Journal. "With interest rates falling to the lowest level on record, this should be a banner time for households in search of a new mortgage. It isn’t. Mortgage availability has tightened sharply as lenders…
Prices Are Stuck In The Snow And The Wheels Are Spinning
A report from DS News. "What might make delinquencies rise a long decline into historically low levels after the Great Recession? Mike Rawls, EVP of Servicing for Mr. Cooper points to slowdowns in home prices across the country. 'Home price…
Some Are Selling For Less Than What They Paid Several Years Ago
A report from the New York Times. "For thousands of luxury condo owners in New York who have received deep tax breaks for a decade or more, the taxman is coming. The end of those benefits, through an expired program…
New Listings Keep Popping Up, The Market As Whole Seems To Be Slowing Down
A report from CNBC. "Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. Just 12% of adults said they plan to buy a home in the next year, according to the National Association of…
The Market Has Just Tanked
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…
I Overheard Two Women Talking About How The Housing Market Was Crashing Again
A report from The Daily Camera in Colorado. "Housing markets around the state are beginning to cool down, and Boulder County is no exception, according to the Colorado Association of Realtors. Statewide, median prices for single-family homes slipped just under…