Some housing bubble reports from Washington and the Wall Street Journal. "Split power in Congress means lawmakers are unlikely to overhaul how the government backstops more than half the U.S. mortgage market. That provides an opportunity for the Trump administration…
Some housing bubble news from Wall Street and Washington, MarketWatch. "Sales of newly-constructed homes swooned to the lowest since December 2016. September’s selling pace of 553,000 was 5.5% lower than in August, and 13.2% lower than a year ago. Sales…
A report from WTOP on Virginia. "The number of homes sold in Northern Virginia in September was down almost 12 percent from a year earlier, according to the Northern Virginia Association of Realtors. 'If a home is not in tip-top…
A report from MarketWatch. "Shares of home builders TRI Pointe Group and William Lyon Homes were took a dive Thursday, after Wedbush Securities analyst Jay McCanless cut his ratings, citing the 'rapid' deceleration of demand in the companies’ key markets.…