A report from Reuters. "Federal Reserve Bank of Richmond President Thomas Barkin on Tuesday said surging home prices are being driven by a jump in demand and constrained supply but not by excess leverage, reducing the potential risk to the…
A weekend topic starting with the Orlando Sentinel in Florida. "Foster Algier, a real estate agent and owner of First Alliance Capital in Orlando, points to low-interest rates as one of the main drivers of the housing shortage, with 30-year…
A weekend topic starting with KCRG in Iowa. "Chelsie Brown, from Cedar Rapids, is one of many people looking to buy a home in a challenging market. One obstacle she’s run into, and that she’s had to increase her budget…
A weekend topic starting with Mortgage News Daily. "Quontic Bank has expanded its very popular No Ratio program such that the borrower doesn’t put income or job on the application for owner-occupied borrowers. The borrower could have opened a business…
A report from the Wall Street Journal. "Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities, some Realtors and…
A report from the Orange County Register. "Skipped mortgage payments across California are jumping to levels not seen since the mortgage mess surrounding the Great Recession. Let’s start with a few numbers from mortgage tracker CoreLogic and its measure of…
A weekend topic starting with the Wall Street Journal. "Detroit is making a comeback after years of decline that led to a bankruptcy filing in 2013. But large swaths of the city are left behind, starved of the housing credit…
A report from the Los Angeles Times in California. "If you’re falling behind on rent, don’t just wait for consequences. Your landlord may be open to negotiation. 'Residents shouldn’t hesitate to reach out to their housing provider,' agreed Fred Sutton,…
A report from the Sun Sentinel. "The housing market in South Florida has been booming for much of 2020 — sparked by low interest rates, high demand and low inventory — but real estate experts say they consider the trend…
A report from the South Florida Business Journal. "The Related Group proposed a 37-story apartment building with no on-site parking in downtown Miami. There’s an over-supply of condos on the market in downtown Miami and condo sales have slowed during…