A report from Fortune. "That Pandemic Housing Boom coincided with a staggering 42% jump in U.S. home prices between March 2020 and June 2022. Of course, that demand boom hasn't just fizzled out—it's doing a 180: On a year-over-year basis, mortgage purchase applications…
A report from Honolulu KHNL in Hawaii. "The good news is that the supply chain disruptions that was causing havoc in the building industry will likely ease over the next year. 'We had a big spike because you could gouge…
A report from AZ Business Magazine. "August home sales dropped 3.5% from July’s total – and the Median Sale Price slipped 1.2% to $335,000. 'Although we appear to be past the blistering summer peak, the market is still very active,'…
A report from the Record Eagle in Michigan. "Andrew Dodson and his wife were able to secure a home near downtown Traverse City before the housing bubble expanded after the new year. Still, Andrew said their new home cost about…
A report from the Washington Post. "For 13 years, Danny Catalanotto paid the more than $2,000 mortgage on his Bowie, Md., home on time every month. When work as a church organist dried up in mid-March, Catalanotto says, he expected…
A report from the Wall Street Journal. "Mark Calabria, who heads the Federal Housing Finance Agency, is resisting pleas for help from lenders seeking relief as millions of Americans stop payments on their home loans, sending tremors through the $11…
A report from the Norman Transcript in Oklahoma. "The developer that partnered with the University of Oklahoma to construct Cross Village is suing the university for more than $750 million, alleging that OU misled Cross investors and breached its contract.…
A report from the Wall Street Journal on New York. "A drop in sales of new Manhattan condominiums has been even steeper and broader than conventional sales measures indicate, according to a Wall Street Journal analysis of contract signings. Looking…
A report from Wicked Local Brewster in Massachusetts. "Laura Clements, owner/broker of Cove Road Real Estate in Orleans, said high end shoppers have more to choose from at the moment. Clements noted the list price isn’t the sale price. 'A…
A report from Bloomberg. "The trustee representing bondholders who invested $250 million in a luxury dorm at the University of Oklahoma accused the college Monday of breaking a promise to lease retail and parking spaces over the 40-year term of…