How Much Lower Can Prices Go?
https://www.youtube.com/watch?v=MNHl_eQ-ASA https://www.youtube.com/watch?v=EVbkS--7e9w https://www.youtube.com/watch?v=VDsh3TErgdU https://www.youtube.com/watch?v=ZPb8ZwkWEJ8
https://www.youtube.com/watch?v=MNHl_eQ-ASA https://www.youtube.com/watch?v=EVbkS--7e9w https://www.youtube.com/watch?v=VDsh3TErgdU https://www.youtube.com/watch?v=ZPb8ZwkWEJ8
A report from Realtor.com. "The red-hot housing market has been brought to its knees by soaring mortgage interest rates. 'No one wants to catch a falling knife,' says economist Yelena Maleyev of KPMG US. 'No one wants to buy in…
A report from the Sun Sentinel. "Businesses tied to the real estate industry say they’ve started to feel the effects of the housing market slowing down in South Florida. 'It’s a ghost town,' says Bruce Gubnitsky, the owner of BG…
It's Friday desk clearing time for this blogger. "Whenever the housing market slows significantly, layoffs in the mortgage industry follow. And that’s what happened Tuesday at Radian Group Inc., a Wayne firm that sells mortgage insurance and provides other services…
A report from Business Den. "The two-bedroom, one-bathroom home at 3612 Newton St. is a classic Colorado bungalow. But it was something of a nightmare for Opendoor, the data-driven home flipper. The San Francisco-based 'iBuyer' paid $779,000 for the Newton…
A report from News for Jax in Florida. "Jonathan Daugherty, a realtor in St. Johns County, said housing fallout is leading to better deals. The future homeowner can no longer afford the home, and in some cases, the buyer is…
It's Friday desk clearing time for this blogger. "Austin Texas, home-builder Leonard Bullard said he’s reluctant to cut prices more than 10% on a $5 million house. 'We at least need to break even, right?' he said. 'Otherwise, we’re paying…
A report from Click Orlando in Florida. "A market once saturated by bidding wars is now seeing fewer buyers closing deals. In Orlando, home sales dropped 18.3%, with the Orlando Regional Realtor Association reporting 2,717 homes had been sold in…
A weekend topic starting with WPTV in Florida. "Genide Nazaire has been house hunting for two years. The latest figures show mortgage rates have hit a 20-year high, forcing Nazaire to stay put. 'We have just renewed our lease, which…
It's Friday desk clearing time for this blogger. "Tiffany Todd remembers exactly when the housing market changed. Around May 15, Todd, a real estate agent for TD Realty in Mansfield, put a home on the market in Aubrey and noticed…