A report from the New York Post. "'Don’t panic,' said Jacob Channel, a senior economist at LendingTree. 'What you absolutely shouldn’t do in a period like this is panic and think the sky is falling. If you do that, you’re…
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 weekend topic starting with Mortgage Professional America. "'We were overpaid for a couple of years,' said Dan Lourenco, a loan consultant at Mortgage Navigators. 'and it was too easy. Now you have to work a little bit. This year,…
A report from KELO in South Dakota. "A report from the Realtor Association of the Sioux Empire shows closed home sales were down more than 22 percent in the Sioux Falls area in August. 'Where last year we would get…
A report from Deseret News. "'We’ve definitely slowed. Our prices are starting to come down because the interest rates are so volatile,' said Dejan Eskic, a senior research fellow at the University of Utah. After listening to the latest Fed…
A weekend topic starting with WILX. "Lansing broker Kim Dunham said it’s a good time to buy if you can because the market will continue to inflate. We are still looking at a seller’s market, just not as extreme as…
It's Friday desk clearing time for this blogger. "'Broadly speaking, all real estate valuations are likely to come down in the coming months, since there is little doubt that interest rates will continue to rise, perhaps substantially,' Reveeille Hospitality Chief…
A report from WINK in Florida. "'People are still trying to get the price their neighbor got in maybe March. And they’re not getting it. But they’re still listing it as if that’s the market,' said broker Jason Jakus. 'Where…
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 Realtor.com. "The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced. This…