A report from USA Today. "'Prices would not have fallen if the Federal Reserve did not raise interest rates so aggressively,' says National Association of Realtors’ Chief Economist Lawrence Yun. 'One casualty of the Fed’s policy, aside from the regional…
A weekend topic starting with WBUR in Massachusetts. "The great unwinding of Silicon Valley Bank’s ambitions has a special sting in Boston, where the failed bank’s parent had vacuumed up two local institutions in recent years, part of its bid…
A report from the Idaho Statesman. "The median price of a single-family home in Ada County in February was $492,115, according to the Intermountain Multiple Listing Service. That’s down 10.5% from February 2022, when the median price was $549,900. In…
A report from CNBC. "Diana Olick: Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Applications to refinance a home loan fell 6% for…
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
It's Friday desk clearing time for this blogger. "The Greater Boston Association of Realtors released a report indicating that the number of active listings was up across the board in the region last month. 'Buyers were hard to find over…
A report from the New York Post. "The nation’s housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The median home price is down…
A report from the Marin Independent Journal. "Beth Brody, a Compass agent in Mill Valley, is bullish about 2023 after a year in which the median home price in Marin plunged about 30%. The apex was $2.12 million in April.…
A report from DS News. "As the housing market took its twists and turns to close our 2022, Fannie Mae felt the impact of a market in flux. Fannie Mae’s net income decreased $9.3 billion in 2022, compared with 2021,…
A report from Axios on Arizona. "A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley's real estate industry last week.The median Phoenix home sale price, which was…