A report from Mortgage Professional America. "In a recent report that examines county-level housing markets and their vulnerability to the impact of the coronavirus pandemic, Attom Data Solutions found that 24 of the 50 most at-risk markets are in New…
A report from Chicago Magazine in Illinois. "Chicago’s luxury condo market has cooled off significantly since 2018, but don’t expect a Manhattan-style meltdown. In a plunge described by commentators as a 'bubble' and 'bloodbath,' the median price of high-end condos…
A report from DS News. "Foreclosure auction inflow data points to a third wave of post-recession distress building in late 2019 and early 2020. A total of 43,232 residential properties nationwide were referred to Auction.com in Q3 2019 for a…
A report from Yahoo Finance. "Homebuilding last month leapt to its highest rate in 12 years, newly released construction data says. But the havoc wrought by last decade’s housing bubble has buyers wondering how to protect themselves if the market…
It's Friday desk clearing time for this blogger. "Home prices slipped in some of the costliest U.S. markets in the second quarter. Prices slid 5.3% in the San Jose region. Prices slipped 1.9% in the San Francisco area and 1.2%…
A report from Forbes. "Knock’s 'top ten markets with the most current listings predicted to sell below original list prices' include in descending order Miami, Chicago, Hartford, Houston, New Orleans, Tampa, Pittsburgh, New York, Jacksonville, and St. Louis. In Miami,…
A report from Sonoma News in California. "Build 3.5 million new dwelling units by 2025 and California’s housing shortage will be solved, Gov. Gavin Newsom prescribed during his campaign last year and several times since. But the simple formulae peddled…
A report from the Jax Daily Record in Florida. "'While affordability concerns remain, there is no sign of a housing bubble,' said Toby Hoff, regional director of the Metrostudy in presentation to the Northeast Florida Builders Association. 'As things get…
A report from the Tennessean. "Unsustainable home-price growth and an inventory surplus helped move Nashville into the top 10 markets for home buyers in the United States, according to a new report that provides further evidence of cooling demand in the…
A report from Bloomberg on Florida. "A housing slowdown is taking hold in some Florida markets, where a growing share of properties sold only after the seller cut the asking price. Miami leads the nation in both the size and…