Forced To Sell Out Once-Grand Visions
A report from the Dallas Business Journal. "As of year’s end, the home price index for the Fort Worth and Arlington areas was about 215, up from about 177 in Q4 2020. Prior to last year, the index had never…
Some Of That Exuberance Is Starting To Look Irrational
A report from Forbes. "A startling number of homeowners struggling to pay their mortgages aren’t sure if they’ll face eviction soon. Some 16% of Americans who responded to the latest Census Bureau Household Pulse Survey—that’s a whopping 1.34 million people…
No One Knows What Pandemic-Type Economics Are
A report from BU News Service on Massachusetts. "Some property owners leave vacant units rather than bear the costs of lost rent, maintenance, utilities and other bills they may never recoup. 'I’ve put [some units] out of touch for the…
A Lot Of These Risky, Expensive Mortgages Are Being Issued To Debt-Strapped Borrowers With Very Little Financial Wiggle Room
A report from Westword on Colorado. "Over the past year or so, there's been debate aplenty about whether Denver's real estate market has finally started to cool off after being red-hot for the past few years. Megan Aller, a sales…
A Lot Of Sellers Are Forced To Become Realistic And Many Times They’re Selling For Less Than They Paid
A report from Forbes. "Knock forecasts savings for home buyers which in several desirable areas. Sean Black, Knock.com’s CEO talks about the research findings. 'Deals are slowing more than we thought. That's good news for buyers. It’s taken some time…
Last Year, They Just Didn’t Care; They Just Wanted To Get In
A report from NBC Bay Area in California. "If there's ideal timing when buying a home in the expensive Bay Area, it's now. It's the best week of the year to buy, according to Realtor.com. In the Bay Area, there…
With The Bay Area Leading The Way, Home Values Nationally Have Declined
A report from CNBC. "A sizable drop in mortgage interest rates didn’t do much to help home sales in April, as high prices and tight supply at the low end of the market continued to sideline buyers. 'We see that…
An Increase In Price Drops Across The Country
A report from Redfin. "U.S. home-sale prices increased 4.7 percent in August to a median of $300,900, compared to a year ago. The price growth rate has been dropping for six consecutive months and has not been this low since…