A report from Atlanta Agent Magazine in Georgia. "The country is much better positioned to rebound from the current recession than in the Great Recession, according to Lawrence Yun, chief economist for the National Association of Realtors. The housing shortage…
A report from Bloomberg. "As the outbreak spreads, real estate markets in the U.S. and other countries that rely on Chinese buyers face a looming crisis as deals languish and potential purchases are delayed indefinitely. From Vancouver to Singapore, realtors…
It's Friday desk clearing time for this blogger. "Fannie Mae and Freddie Mac are expected to retain 'limited and tailored government support' after they are freed from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers. Mnuchin’s…
A report from the Wall Street Journal. "Housing markets across the world, from the U.K. to China to Australia, are losing steam. In 18 large economies, world-wide residential investment dropped on a year-over-year basis for four consecutive quarters through September,…
A report from the Wall Street Journal. "U.S. home builders benefited from low interest rates this year as housing starts climbed to levels not seen in a decade. Home builders cranked up volume partly by focusing on homes more buyers…
A report from DS News. "What might make delinquencies rise a long decline into historically low levels after the Great Recession? Mike Rawls, EVP of Servicing for Mr. Cooper points to slowdowns in home prices across the country. 'Home price…
A report from the Mortgage Reports. "A new study indicates that first-time home buyers are having more mortgage delinquency problems than they have since 2010. Black Knight’s most recent Mortgage Monitor report had some alarming findings: Nearly 1% of mortgage…
A report from Real Estate Weekly on New York. "The challenging market in Brooklyn has continued along a trend of gradual declines in prices and sales. Prices have fallen since this time last year across all unit types excluding co-ops,…
A report from The Real Deal on Florida. "For the first owners of a two-bedroom luxury condo on the 36th floor of Rise, one of two new luxury towers at Brickell City Centre, buying at a preconstruction price turned out…
A report from the Miami Herald. "About two years ago, Janet LeGrand — also known by her maiden name, Janet Garcia — used what Homestead police called a fake engineering firm and a falsified résumé to try to dupe the…