A report from ABC News. "Wesley and Kimberly Robinson, both elementary school teachers, started building a new home for themselves and their two daughters in Rogers, Arkansas, last year, when interest rates were close to 3%. But their mortgage rate…
A report from Bloomberg on New York. "Manhattan luxury-home sales had their best week of the year. The second-priciest home to find a buyer was a limestone mansion owned by financier Phil Falcone, at 22 E. 67th St., on the…
A report from WPTV in Florida. "The large selling off of homes owned by Zillow is also happening on the Treasure Coast. As many as 20 homes in St. Lucie County are listed on the Zillow website. Earlier this week,…
A report from the Jackson Hole News and Guide in Wyoming. "'We do feel the feeding frenzy is over, said David Viehman, an associate broker at Engel&Volkers. 'And though we have some new inventory, we think a lot of the…
A report from CNBC. "The inventory of new homes for sale jumped from a 5.5-month supply in May to a 6.3-month supply in June. In June, the number of homes for sale that had not yet been started hit an…
A report from Fox Business. "The U.S. Department of Veterans Affairs (VA). The VA has said it backed a record breaking 1.2 million loans in 2020, and a new study suggests it's already on pace to break that record again…
A report from the Santa Fe New Mexican. "'So, what do you make of this housing bubble?' I am occasionally asked. In 2007, I obtained a 'no doc' loan. Then came the crash of October 2008. Almost overnight, the value…
A report from Mansion Global. "Prices have soared as demand significantly outclips supply. But amid all the excitement, more contracts are also falling through, and many prospective buyers are placing offers sight-unseen, only to back out later. 'There is a…
A weekend topic starting with Toronto Life. "Alexander Evans, a 39-year-old real estate agent, bought an $869,000 one-bedroom-plus den at Richmond and Bathurst in December—and saved more than $60,000 in fees and taxes. 'In August 2020, I helped a client…
A report from CNBC. "Nobel prize-winning economist Robert Shiller is worried a bubble is forming in some of the market’s hottest trades. He’s notably concerned about housing, stocks and cryptocurrencies, where he sees a 'wild West' mentality among investors. According…