The Real Estate Market Is A Dumpster Fire Thanks To The iBuyers
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It's Friday desk clearing time for this blogger. "Whenever the housing market slows significantly, layoffs in the mortgage industry follow. And that’s what happened Tuesday at Radian Group Inc., a Wayne firm that sells mortgage insurance and provides other services…
A report from CNBC. "'It is definitely a hard landing for housing,' said one homebuilder in the Denver area. 'There's this cliff that's happening in January,' said Gene Myers, CEO of Thrive Homebuilders in the Denver area. He predicted that…
A report from Business Den. "The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow. But it was something of a nightmare for Opendoor, the data-driven home flipper. The San Francisco-based 'iBuyer' paid $779,000 for the Newton…
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It's Friday desk clearing time for this blogger. "Since the end of the Great Recession, home prices in the Rochester area have pretty much gone in one direction: up. In the last several years, they’ve soared. But could that change…
It's Friday desk clearing time for this blogger. "Tiffany Todd remembers exactly when the housing market changed. Around May 15, Todd, a real estate agent for TD Realty in Mansfield, put a home on the market in Aubrey and noticed…
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A report from King 5 in Washington. "High mortgage rates are outpacing how much buyers can afford, which is leading to homes staying on the market for longer and sellers slashing prices. It's something house flipper Diana Roger is seeing,…