A weekend topic starting with the Pagosa Daily Post. "As Colorado policymakers step up their efforts to address the state’s housing shortage, they’re encountering a similar problem: Colorado’s housing market, and the state and local policies that shape it, don’t…
It's Friday desk clearing time for this blogger. "Owners with a mortgage lost a small amount of equity last quarter — an average of $5,400 per borrower — marking the first annual decline since 2012, according to CoreLogic. But home-equity…
A report from Banker and Tradesman. "Last year may have started off with a bang for many Massachusetts loan originators, but the sprint rapidly slowed to a jog, and then a slog. 'I specifically remember the turning point was very…
A report from the Jax Daily Record in Florida. "In St. Johns County, which has been the longtime market leader, the median price fell from $526,500 in January to $510,000 in February. In February 2022, the median price in St.…
A report from the Mountain Democrat in California. "During a recent interview for a listing I made the mistake of assuming the sellers were aware their home was not worth today what it was last summer. My mistake became evident…
A weekend topic starting with Fortune. "Last year, months before the Federal Reserve began raising interest rates to combat inflation, former Treasury Secretary Larry Summers warned that inflation was already a problem, and would get a lot worse in 2022.…
It's Friday desk clearing time for this blogger. "In Seattle, the median single-family home price of $896,500 is up about 11% from last July but down from a $919,000 peak in May. 'Buyers feel like they can be a little…
A weekend topic starting with Bloomberg. "Fannie Mae and Freddie Mac said a regulator’s plan to boost their capital would increase mortgage borrowing costs for the millions of Americans who rely on the companies to buy homes and asked that…
A report from the Wall Street Journal on New York. "An investment firm owned by Japan’s SoftBank Group Corp. bought the defaulted mortgage on a downtown luxury condo tower, the latest sign that a wave of investors is scavenging the…
A report from CNBC. "Builders warned of a slowdown in home sales. And they were right – except the numbers are even worse than expected. 'This number really sucked,' wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group, noting…