A report from Fox Business. "'We are starting to see more and more potential buyers walk away and say they just can’t afford to pay these prices,' National Association of Home Builders Chairman Jerry Konter, a builder and developer from…
A report from KCRA in California. "Buyers and sellers across the Sacramento region are bracing themselves as interest rates peak after years of relief. 'The housing market has been completely bananas for the beginning of the year, unreal price growth…
A report from Bloomberg. "Zillow’s market cap approached $US50 billion, making CEO Rich Barton’s stake worth more than $US1 billion. In late August 2021, he boasted to investors that customers’ biggest complaint with Zillow Offers was it was too good…
It's Friday desk clearing time for this blogger. "Some listings are still getting multiple offers, but it’s not the frenzy that was happening six months ago, according to Youngstown Columbiana Association of Realtors President Dennis Gonatas. Gonatas said he had…
A report from Marketplace. "'Marketplace' host Kai Ryssdal spoke with Vivian Gueler, chief financial officer of Pacific Trust Group in Los Angeles, about the mortgage brokerage industry and the housing market. Kai Ryssdal: Every single time we’ve gotten you on…
A report from the New York Times. "Luis Solis, a real estate agent in Portland, Ore., marked a milestone weekend late last month. It was the first time in two years that one of his listings made it to Monday…
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 report from International Business Times. "'Until recently, not many people thought that housing was in a bubble,' Tabitha Mazzara, Director of Operations at mortgage lender MBANC. But Dallas Fed researchers recently noted 'abnormal US housing market behavior,' 'reasons for…
A report from the Herald Journal. "What used to be outrageous is now the norm in Utah’s housing market. Erika Wiggins, an agent who specializes in the Sugar House neighborhood in Salt Lake City, said one of her clients offered…
A weekend topic starting with the Messenger Inquirer in Kentucky. "In recent months, CNN, the Washington Post and several other national media outlets have asked if America is heading into another housing bubble. The general conclusion has been that economists…