A weekend topic starting with Fox 13. "In his State of the State address, Governor Spencer Cox reiterated something he said last month to some of Utah’s most powerful business and community leaders. 'I believe the single largest threat to…
A weekend topic starting with Ag Web. "As mortgage rates climb to 20-year highs, near 8%, current high-interest rates are eating away at the housing market. This year is currently on pace to see the fewest home sales since 2008.…
A report from New Hampshire Public Radio. "In New Hampshire, the rate of foreclosure filings on properties has risen 149.72 percent from mid-year 2021 to mid-year 2023, according to ATTOM. Most of that increase has happened in the last year.…
A report from Bloomberg. "After an abrupt end to the US housing boom, home flippers who were winning big just months ago are now racing to stem losses. It’s a swift turnabout for flippers such as Tammi Merrell, who’s stuck…
It's Friday desk clearing time for this blogger. "The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William Dudley.…
A report from KTNV in Nevada. "Las Vegas realtor Daniel Mahabir said Zillow was active in Las Vegas. 'They very quickly, because of their platform, became the number two largest iBuyer out here in Las Vegas,' he said, 'and then…
A report from 5280 on Colorado. "For single-family homes, CEO of BSW Real Estate Bret Weinstein notes that Denver’s housing market seems to be slowing down and finally experience the seasonality we were used to before the pandemic. 'We’re finally…
It's Friday desk clearing time for this blogger. "In North Texas at least, the chief economist at redfin sees evidence of the market cooling off — at least a little. 'We're already seeing price drops happen. I think sellers have…
A report from Summit Daily in Colorado. "People in the short-term rental business are still looking toward the future with anxiety and trepidation as the county’s ban on short-term lodging looms over their financial stability. Patty Whetham owns Breckenridge Rental,…
A report from the Union Leader in New Hampshire. "The state’s red-hot housing market may be cooling a bit, according to the head of the New Hampshire Housing Authority. 'The current market, I think, is showing a little bit of…