A report from Go Banking Rates. "'For buyers, it will be a welcome relief because it has been hell over the last few years,' said Bill Gassett, a realtor based in Hopkinton, Massachusetts. 'For sellers, they will have missed out…
A report from Candy's Dirt in Texas. "'We’re seeing the results of buyer exhaustion. These poor guys and gals are no longer willing to be one of 40 offers and pay so far beyond an already inflated asking price,' said Travis…
A report from the Real Deal. "A digital lending platform is laying off 200 employees as a historic surge in mortgage rates tamps down applications. Blend Labs is letting go of roughly 10 percent of its staff to shed $34.5…
A report from The Hill. "'Higher prices and higher mortgage rates have boosted the required monthly payment to buy a home; it’s up by more than 40 percent from a year ago. This affordability challenge will shrink the buyer pool.'…
A report from Aaron Layman in Texas. "It’s pretty amazing to see the Powell Fed stand by while the housing market bubbles over. The median price of a Denton home soared 34.8% from the same time a year ago to…
A report from the Real Deal. "More than one in four houses purchased by rental investors in the fourth quarter was a newly built home, according to data. Cash-rich investors see potential in single-family rentals, especially as mortgage rates rise,…
A report from the World Property Journal. "Based on a new report from Redfin, a fast-growing share of U.S. home-sellers are dropping their prices. 'The slowdown over the last two weeks has felt significant,' said Seattle-area Redfin real estate agent…
A report from WBTV in North Carolina. "Potential Charlotte-area homebuyer Amelia Serrano is relocating from California with her family and the interest rates are on the top of her mind. 'Now we have to look for homes in a much…
A report from The Street. "'Housing affordability keeps hitting new lows in the US... first time buyers have been priced out of the market,' investment community Wall Street Silver posted on its Twitter account. 'Investors are not likely to stay…
A press release from the used shack sellers. "As the final countdown begins to Realtor.com® Listapalooza, the company today released data that shows homeowners are gearing up to sell this Spring and Summer. According to the report, 64% of prospective…