A weekend topic starting with Everything Lubbock in Texas. "Mortgage rates are at a 14-year high, which could delay first-time home buyers, the Lubbock Association of Realtors said. 'What has had an effect on [the housing] market is rising interest…
It's Friday desk clearing time for this blogger. "When Nancy Lam upgraded in January to a home closer to her child’s school in the San Francisco Bay Area, she thought she had plenty of time to list her old house.…
A report from ABC News. "Wesley and Kimberly Robinson, both elementary school teachers, started building a new home for themselves and their two daughters in Rogers, Arkansas, last year, when interest rates were close to 3%. But their mortgage rate…
A report from the Orlando Sentinel in Florida. "Real estate experts say some buyers have dropped out of the hunt. Los Angeles-based real estate investor André Stewart says that more of them should think about holding off. 'The prices are…
A report from the Spokesman Review in Washington. "'Real estate is a cyclical thing. What goes up, must come down,' Rob Higgins, executive officer for the Realtors association said of the local housing market. Spokane County's overheated housing market appears…
https://www.youtube.com/watch?v=AjDo64f-1d4 https://www.youtube.com/watch?v=twpqDOMSJdA
A report from Go Banking Rates. "'Buyer’s remorse and cancellations shortly after contract are increasing. Builders state buyers are nervous about a potential recession, struggling to get comfortable with higher payments, or expecting home prices to decline,' Jody Kahn, senior…
A report from KRQE on New Mexico. "The Albuquerque real estate market took off over the last two years, often forcing home buyers into a bidding war. But now that hot housing market is cooling off thanks to higher interest…
A report from Forbes. "New home sales unexpectedly plunged much more than economists projected—and for the fourth consecutive month—in April. 'In short, the party is over,' Pantheon Macro chief economist Ian Shepherdson said after the report, pointing out the collapse…
A report from News Source 8 in Maine. "It’s no secret that real estate is a hot topic nationwide. 'The average median price for Aroostook county is 129,950 dollars that is for a single family residential in Aroostook county. So…