A report from The Chronicle in Washington. "From October to November, home prices fell 10.54% in Lewis County, dropping from $427,000 in October to $382,000 in November, compared to a monthly decrease of 3.63% in Pacific County, 5.62% in Cowlitz…
A report from DS News. "'Homebuilders started scores of projects during the pandemic moving frenzy and are now stuck with a bunch of new houses that are hard to sell because mortgage rates have risen to 7%,' said Faith Floyd,…
A report from the Niagara Gazette in New York. "'The first sign of a housing boom came in April 2020,' said Jamie Yaman, the principal broker for Cortland-based Yaman Real Estate. 'That is a market we will never see again.…
A report from ABC News. "Wesley and Kimberly Robinson, both elementary school teachers, started building a new home for themselves and their two daughters in Rogers, Arkansas, last year, when interest rates were close to 3%. But their mortgage rate…
A report from the Post Independent in Colorado. "Bryan Snow and his family moved to the Roaring Fork Valley from Denver after his wife got a job in Basalt. They found a house between Carbondale and Iron Bridge. He said…
A report from the Mississippi Clarion Ledger. Matt Wilson, President of the Mississippi Mortgage Bankers Association, believes the housing market's current state is not something about which to be alarmed. 'Mortgage rates are up, and they went up a little…
A report from Deseret News. "The Federal Reserve is expected to raise interest rates this week — likely by 0.25% — for the first time in three years. As a result, mortgage rates will rise, too. 'It’s bad,' said Dejan…
A report from Socket Site in California. "The sale of 765 Market Street#30C has now quietly closed escrow with a contract price of $1.2 million, down 29.4 percent from its 2017 value and an even greater loss when accounting for…
A report from Yahoo Finance. "Much of the blame rests with the Fed for 'way overstaying their welcome with [quantitative easing] and zero rates and badly misreading inflation that they are now being forced to play catch up with,' said…
A report from the Idaho Statesman. "Newly constructed homes in Ada County dropped from a median price of $601,301 in November to $579,990 in December. The relative affordability that once helped attract buyers from more expensive places has partially worn…