An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
Obviously FOMO’d In And Wearing The Consequences Of That
A report from KVVU in Nevada. "Homeowners throughout the Las Vegas Valley in brand new homes say they’re dealing with ongoing problems that range from small to major. Doug and Sue Perns moved into their new home in September of…
There’s So Much Uncertainty Driving The Panic
A report from KHOU in Texas. "Although Corpus Christi homes are still selling, a downward trend in buyers is leaving houses on the market longer than even just six months ago, when homeowners were able to set their price, said…
If You Bought At The Peak, You’re Probably Kicking Yourself Right Now
A report from Market Watch. "Prices 'might go down a little bit, but a crash I consider to be a more than 10% decline in home values, and that seems far-fetched right now,' says Daryl Fairweather, chief economist for Redfin."…
Buyers Are Increasingly Feeling Less Rushed And Are Holding Off For Cheaper Price Tags
A report from Floor Daily. "'There are a lot of unhappy people in the housing market right now. Among the most miserable are sellers realizing they have listed their properties too late,' reports the Wall Street Journal. Homes that have…
It Took A Few Months For Sellers To Realize The Demand They Counted On Was Not There Anymore
A report from the Seattle Times in Washington. "In King County, 73% more homes were listed at the end of May than at the same time last year. In Pierce County 74% more and in Kitsap 43%. In Snohomish, more…
Nobody Else Was Bidding, Did I Pay Too Much?
A report from the Peninsula Clarion in Alaska. "The market in Seward has adapted to the competition, said Nicole Lawrence, the owner of Seward Properties. Another way buyers are trying to be competitive, Lawrence said, is by waiving the appraisal…
Buyers Are Ending Up In A Stronger Position, With More Time, Choice And Leverage
A report from Mortgage News Daily. "Black Knight's latest Mortgage Monitor report was released this morning. One of the two key pieces of additional data is the average mortgage payment associated with the average-priced home. After all, rates are lower…
A Wonder Drug That Cures The Macroeconomic Diseases It Causes
A report from Mortgage Professional America. "With more than 20 years’ experience in the mortgage industry, Kirk Tatom, the president of Dallas-based Tatom Lending, started his company back in 2007. As for clients who were still determined to get the…
Let’s Cut Our Losses, Just Get Us As Much As You Can For This
A report from Motley Fool. "Redfin said that 'demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks.'" From Reston Now in Virginia. "Sure, a lot of homes in…