A report from Bloomberg. "Homebuilders are headed for their sharpest monthly nosedive since March 2020 as the stocks get pummeled by fears of rising rates. 'It’s a headwind to everybody across the sector, nobody is completely immune,' analyst Rafe Jadrosich,…
A weekend topic starting with the Messenger Inquirer in Kentucky. "In recent months, CNN, the Washington Post and several other national media outlets have asked if America is heading into another housing bubble. The general conclusion has been that economists…
A weekend topic starting with two reports from Bloomberg. "To cryptocurrency true believers, Bitcoin is the ultimate store of value, the most solid hedge against the rampant inflation manufactured by reckless central banks and their money-printing. To skeptics, the crypto…
It's Friday desk clearing time for this blogger. "To sweeten a recent offer on a small house with a few acres here in Texas, near Austin, I pledged to keep Jenny and Jeremy—two aging donkeys the seller no longer had…
A report from Buzzfeed. "Buying a home is not for the faint of heart. 21: 'Do your research on the neighborhood and street. Try to go to the home you plan on buying at different times during the day, and…
It's Friday desk clearing time for this blogger. "Sellers, at moments, were too aggressive with pricing. Price cuts on homes jumped in August, as some sellers realized they could not get their dream asking price. 'Many buyers gave up,' said…
A report from the Globe and Mail. "About 500 investors, many from South Florida’s Venezuelan American community, were taken in by Efrain Betancourt Jr.’s sales pitch of high-interest returns on their investments in his short-term loan operation Sky Group USA.…
A weekend topic starting with the Washington Post. "After steadily growing for a decade and a half, the District of Columbia shrank this year by around 20,000 residents, or 2.9 percent. The sharp drop in the District’s population was no…
A report from the Erie Times-News. "November bought some relief for buyers as median sale prices fell 2.9% to $330,000, the largest monthly decline since the beginning of the pandemic, according to the November National Housing Report from Re/Max." The…
A press release from the Coronado Times. "Record home price appreciation in the last few years has pushed tappable home equity to new heights! According to Black Knight, the third quarter of 2021 saw a nearly $250 billion increase in…