It's Friday desk clearing time for this blogger. "'Rising interest rates can affect what a borrower can qualify for and the maximum purchase price or loan amount. It would mean higher monthly mortgage payments,' explained Alan Barbic, president of the…
A report from the Wall Street Journal. "A strong economy helped lift commercial real-estate sales to near-record levels last year, and many investors are counting on low interest rates to keep sales going in 2019. Now the Federal Reserve’s announcement…
A report from the Houston Chronicle in Texas. "While most of the nation saw home foreclosures decrease, Texas saw a spike in bank-owned properties. The lingering effects of Hurricane Harvey are partly to blame, ATTOM Data Solutions explained. 'Some of…
A report from Inside Indiana Business. "After a record-setting 2018, what does 2019 hold for the Indiana housing market? F.C. Tucker Co. Chief Executive Officer Jim Litten says it can be another banner year for housing. Litten cautioned that tight inventories,…
A report from Attom Data. "ATTOM’s year-end foreclosure report provides a unique count of properties with a foreclosure filing during the year based on publicly recorded and published foreclosure filings. 'Plummeting foreclosure completions combined with consistently falling foreclosure timelines in…
A report from the Los Angeles Times in California. "After nearly seven years of sometimes fevered price hikes, the Southern California housing market has slowed markedly in recent months. A belief that the price slowdown will lead to a price drop could…
A report from the New York Times. "Good news, New Yorkers: You may no longer need $1 million to buy a middle-of-the-road Manhattan apartment. But just barely. Lest the financially average among us get too excited, the median price only…
It's Friday desk clearing time for this blogger. " The year 2018 was one of ebbing expectations. Early in the year the local market was still rather robust with limited inventory and relatively strong demand from buyers. Sellers were still…
A report from the Atlanta Journal Constitution in Georgia. " The number of houses for sale last month in metro Atlanta was higher than the number for sale a year ago, signaling that the market may be entering a new…
A report from the Wall Street Journal. "Small-time investors who flooded into real estate in the past decade to take advantage of low borrowing costs and rising home values are starting to cut back." "The number of new home loans…