A report from CBS News. "The average mortgage rate jumped to 4.42% for the week ended March 24, according to Freddie Mac. That's a more than a one percentage-point jump since January 2022. Ian Shepherdson, chief economist at Pantheon Macroeconomics,…
A report from Yahoo Money. "This week's more than quarter-point jump in mortgage rates is sending a dire message to homebuyers and owners: Time is running out. 'The short answer is it’s painful, I won’t lie. Rates have been escalating…
A weekend topic starting with the Globe and Mail. "China’s housing woes have been exposed by the liquidity crisis at Evergrande. The collapse of the company is not being ruled out as Beijing cracks down on the excessive leverage that…
A report from the Center Square on Colorado. "Denver’s housing market increased its inventory by nearly 30% last month, but experts say it won’t be enough to shift the market in favor of homebuyers. The average sale price of $625,000…
A report from King 5 in Washington. "A group of Seattle landlords are speaking out against extending the eviction moratorium and other policies designed at protecting renters. Charlotte Thistle, who owns one rental property, argues these policies don't protect small…
It's Friday desk clearing time for this blogger. "Bryant Vayhinger, president of the Colorado Association of Real Estate Appraisers, is not exactly popular these days. 'We're providing a service, but our service is to the banks. That's a misconception a…
A report from Spectrum 1 on New York. "Small landlord Karron Graves-Briceño says her whole retirement is wrapped up in the one unit she rents out in Harlem. She says her tenant stopped paying rent nearly a year ago even…
A report from the Wall Street Journal. "The residential real-estate market is on its biggest tear since 2006, just before the housing bubble burst. 'It’s the hottest market I’ve ever seen,' said Sean Chandler, president of the central Texas division…
A report from the Herald Tribune in Florida. "A new 5,335-square-foot Casey Key home with a private beach will be auctioned, without reserve, this month. The luxury house on Casey Key was built last year and has never been occupied,…
A report from Bloomberg on New York. "Manhattan’s priciest apartment contracts last week had one thing in common: The sellers lost money. Owners who bought at the peak of Manhattan’s luxury condo frenzy just a few years ago are seeing…