It's Friday desk clearing time for this blogger. "What does the future hold for residential real estate, homebuyers and home sellers? Jordan Levine, senior vice president and chief economist for the California Association of Realtors, had several answers to this…
A report from the Mortgage Research Center. "Critics of the 'date the rate' strategy are having their day in the sun. They were right in saying that the strategy could be harder to implement than it sounds. Realtor.com offered solid…
A report from Realtor.com. "Basketball Hall of Famer Dikembe Mutombo just sold his condo in New York City. But after waiting much of the year for a buyer, he probably didn't get quite the win he wanted. In February, the…
A weekend topic starting with South China Morning Post. "The catastrophic crash in Country Garden Holdings, once the gold standard in China's property industry, has cost stock and bond investors steep losses. Nearly half of Country Garden's liabilities at the…
A report from KOMO-TV in Washington. "According to Redfin, luxury home prices dropped by double digits in several west coast cities. San Francisco saw the biggest loss of more than 12.7% in a year. Seattle is close behind at a…
A report from CBS News. "First Republic Bank's stock price continued to plunge Wednesday. After shedding half their value on Tuesday, First Republic shares tumbled nearly 30% to close at $5.69, with the New York Stock Exchange halting trading in…
It's Friday desk clearing time for this blogger. "Have Northern Virginia home sellers missed the sweet spot? The D.C. region’s red-hot housing market has begun to show signs of fatigue, and in Northern Virginia the market softened in August. 'Overall…