It's Friday desk clearing time for this blogger. "Data from Redfin shows that jumbo loans have taken a big hit during the pandemic as mortgage servicers tighten their lending criteria – some lenders have even stopped issuing them altogether. Jumbo…
It's Friday desk clearing time for this blogger. "Has a herd mentality taken hold of buyers in the Toronto-area real estate market of early 2020? Jeffrey Wagman of Forest Hill Real Estate Inc. fears it has. Mr. Wagman points to…
A report from Westword on Colorado. "Over the past year or so, there's been debate aplenty about whether Denver's real estate market has finally started to cool off after being red-hot for the past few years. Megan Aller, a sales…
A report from Market Watch. "The S&P CoreLogic Case-Shiller 20-city index was unchanged in April compared to March on a seasonally adjusted basis, and was 2.5% higher compared to a year ago. That was the 13th straight month in which…
A report from Geek Wire on Washington. "Loftium, the Seattle real estate startup that helped people buy homes in exchange for renting out an extra room on Airbnb, has shifted its focus to rentals. 'Given how quickly home prices have…
A report from Globe St. "Economic sentiment is shifting. This year, more and more real estate professionals are predicting a recession in the next 12 months, either in late 2019 or early 2020. Christopher Thornberg of Beacon Economics, however, says…
A report from the Orange County Register in California. "Last month saw Southern California home sales fall 11.7 percent from February 2018 levels, with just 13,466 houses, condos and townhomes changing hands, CoreLogic reported. That’s the smallest sales tally for…
A reort from the Wall Street Journal. "The mortgage-market slowdown is stirring up interest in a humdrum segment of American home lending: the rights to the arcane task of handling monthly payments. Sales of so-called mortgage-servicing rights jumped 14% in…
A report from KIVI TV 6 in Idaho. "It's no secret that the housing market in the Treasure Valley is booming. Jessica Argyle and her family just got the keys to their new house. The process went smoother than she…