A report from the Northside Sun in Mississippi. "'People are paying so much more for houses than they did a year and half to two years ago,' said William Fincher, a Realtor in Madison County. 'They are paying $40,000 to…
A weekend topic starting with Mortgage News Daily. "So why did rates spike on Friday? This is actually a bit of a trick question. Rates have been rising in general since late 2020. The current rate spike really began last…
A report from Newsday. "After offering protection for homeowners for nearly two years, New York state’s moratorium on foreclosures is set to expire Saturday, and data show 14,500 Long Island borrowers are seriously behind on their mortgages. Nick Sakalis, a…
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…
A report from DS News. "Mortgage rates increased to 3.22%, the highest percentage since May 2020. Agents have said the potential for higher mortgage rates is motivating sellers to act quickly. 'Sellers want to get their homes on the market…
A report from CNBC. "'The fact that almost all participants agreed that it was appropriate to initiate the balance sheet runoff after the first increase in the target range for the fed funds rate implies that there’s not a big…
A report from Buzzfeed. "Buying a home is not for the faint of heart. 21: 'Do your research on the neighborhood and street. Try to go to the home you plan on buying at different times during the day, and…
A weekend topic starting with the Idaho Mountain Express. "In advance of the busy summer tourist season, Ketchum city officials briefly considered allowing a 'tent city' on the edge of town to provide temporary housing for workers. In a place…
It's Friday desk clearing time for this blogger. "Sellers, at moments, were too aggressive with pricing. Price cuts on homes jumped in August, as some sellers realized they could not get their dream asking price. 'Many buyers gave up,' said…
A report from the Globe and Mail. "About 500 investors, many from South Florida’s Venezuelan American community, were taken in by Efrain Betancourt Jr.’s sales pitch of high-interest returns on their investments in his short-term loan operation Sky Group USA.…