A report from Yahoo. "If you're looking to do major upgrades or are in the middle of one with a contractor, you might want to see if you can re-negotiate the cost of materials. Gregory Kyler, a Chicago-based licensed general…
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 weekend topic starting with Better Dwelling. "Canada’s central bank has had researchers quietly studying bubbles overseas. The study, Bubbles, Crashes and Information Contagion In Large-Group Asset Market Experiments, appeared in the June issue of Experimental Economics. The researchers found…
It's Friday desk clearing time for this blogger. "Four years ago, Alexandra West bought a house in Sacramento, California, for just under $300,000. She agreed to a five-month lease, starting at the end of January 2020. 'She owes well north…
A report from the Denver Channel in Colorado. "Daniel and Linda Sue Gonzalez are still moving into their home. The problem, according to the Gonzalez family, is the dozens of finishes and fixes that are still pending. They bought the…
What's your housing bubble prediction? From six months ago. "The end of the year is going to be very different from the beginning of the year. The year will start off well, and those in defensive positions (cash, The Precious)…
A report from Reuters. "U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled. The report from the Commerce Department on Tuesday added to dismal data this month showing a staggering loss of 20.5…
A report from Bloomberg. "The nascent market for private U.S. mortgages is teetering on the brink of collapse as the coronavirus crisis imperils years of work to lessen the government's role in home lending. Several firms that issue mortgage bonds…
A report from HousingWire. "HousingWire spoke to Todd Bitter, a loan originator servicing the Greater Phoenix-Scottsdale market. HousingWire: What are you doing within your lending business to adapt to the current market situation? Todd Bitter: For the last quite a…
A report from Housing Wire. "It looks like borrowers who don’t fit neatly into Fannie Mae and Freddie Mac’s lending criteria could soon be running out of options if they want to buy a house. Over the last week, many…