A report from the Mississippi Clarion Ledger. Matt Wilson, President of the Mississippi Mortgage Bankers Association, believes the housing market's current state is not something about which to be alarmed. 'Mortgage rates are up, and they went up a little…
It's Friday desk clearing time for this blogger. "California’s $5.2 billion pandemic rental relief fund is running out of money. 'Many owners have received no rent for months. They cannot pay their taxes, mortgages and other expenses if the rent…
A report from DS News. "An estimated two million homeowners remain in forbearance plans. By stage, 10.7% of total loans in forbearance were in the initial forbearance plan stage, while 83.1% were in a forbearance extension, and the remaining 6.2%…
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…
A report from Multi-Housing News. "Multi-Housing News talked to Brown Harris Stevens’ first CEO, Bess Freedman, about the luxury real estate market in the time of COVID-19. How was New York City’s luxury real estate market before COVID-19? Freedman: Before…
It's Friday desk clearing time for this blogger. "Some buyers may look for deals, thinking all sellers are desperate to sell. But if this isn't you, there's no reason to cave or whittle down your home's price. 'Regardless of the…
A report from the Denver Post in Colorado. "For at least five years, until last summer, home sellers had a firm upper hand in metro Denver, but the power dynamic is shifting. One sign of that — more sellers are having…
A report from MarketWatch. "Shares of Toll Brothers Inc. dropped Tuesday, after the home builder reported fiscal fourth-quarter earnings and revenue that beat expectations but said the housing market slowed further in November, particularly in California. Chief Executive Douglas Yearley…
A report from Redfin. "Evidence that the market is cooling down can be seen in price drops. In October 31.3 percent of homes for sale had at least one price drop of more than 1 percent. This is the highest…
A report from the Orange County Register in California. "Unaffordable home prices coupled with rising mortgage rates are expected to create 'a weaker housing market in 2019,' according to a statewide real estate industry group. A forecast by the California…