A report from KELO in South Dakota. "The housing market the past few years has been a fast-paced affair. 'In late 2022, however, interest rates began to rise once more. “That same buyer who was pre-qualifies at $450k — they…
A report from KIII TV. "Despite the economic downturn and sky-high inflation, the number of home foreclosures in our area is level, or even slightly lower than past years. Corpus Christi mortgage banker Claudia Mostaghas said people in the Coastal…
A report from Market Watch. "'A few markets may see double-digit price drops, especially some of the more expensive parts of the country which have also seen weaker employment and higher instances of residents moving to other areas,' said Lawrence…
A report from the Wichita Plus in Kansas. "Lange Real Estate realtor Rachel Lange said she’s seen the market shift. 'Things aren’t as hot and crazy as they were, All of those times have to come to an end,' she…
A report from Geek Wire. "Redfin’s revenue jumped 121% to $471 million, and its net loss widened to $27.9 million from $6.6 million a year earlier. Redfin CEO Glenn Kelman also addressed the dynamics prompting Redfin to focus on growth…
A report from DS News. "An estimated two million homeowners remain in forbearance plans. By stage, 10.7% of total loans in forbearance were in the initial forbearance plan stage, while 83.1% were in a forbearance extension, and the remaining 6.2%…
A report from Bloomberg. "Landlords have struggled to attract tenants throughout a pandemic that's kept New Yorkers working from home. Apartment owners lowered rents and offered perks such as free months and gift cards - yet they still saw the…
A report from Mansion Global. "Q: For those who don’t have context, where was the Greenwich market before the pandemic began in March 2020? Greenwich, Connecticut-based developer Steve Schacter: The market was fairly down, especially the high-end part of the…
It's Friday desk clearing time for this blogger. "Kootenai County's housing trend has become a looming menace in the area, but Jennifer Smock of Windermere/Coeur d'Alene Realty, Inc. believes that it is not a bubble waiting to pop. A sign…
It's Friday desk clearing time for this blogger. "Philanthropist Marcia Riklis is planning to take a hit on the sale of her Upper East Side home. The posh ninth-floor co-op is on the market for $6.35 million. That’s more than…