It's Friday desk clearing time for this blogger. "'Rising interest rates can affect what a borrower can qualify for and the maximum purchase price or loan amount. It would mean higher monthly mortgage payments,' explained Alan Barbic, president of the…
A weekend topic starting with RE Business Online. "The multifamily sector is like the Energizer Bunny, says Jamie Woodwell, vice president of commercial and multifamily research for the Mortgage Bankers Association (MBA). Although 600,000 units are currently under construction nationally…
A report from Bloomberg on New York. "Amazon.com Inc.’s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair -- just months after the euphoria that followed the company’s announcement that…
A report from Mansion Global. "With a slowdown anticipated for luxury real estate markets in 2019, it’s possible that home flipping, too, could begin to taper off. ' Buyers and sellers are adjusting their expectations,' said Javier Vivas, director of…
A report from Easy Reader News on California. "Economist Christopher Thornberg quoted Chapman University economist Joel Kotkin’s finding that California recently became the world’s fifth largest economy. 'But he says all the growth is coming from Silicon Valley. The rest…
A report from the Marin Independent Journal in California. "California Association of Realtors chief economist Leslie Appleton-Young said the country is entering the 10th year of positive economic growth, but the pace of growth is decelerating. 'A shift is afoot,'…
A report from the Atlanta Journal Constitution in Georgia. " The number of houses for sale last month in metro Atlanta was higher than the number for sale a year ago, signaling that the market may be entering a new…
A report from Bisnow on California. "Speakers at Bisnow's Silicon Valley Construction & Development Forecast event last week had differing opinions on just how dire the construction cost situation is. 'We're in a unique bubble in the Bay Area' said…
It's Friday desk clearing time for this blogger. "New data from Realtor.com offers the clearest sign yet that home price relief might finally be on the way for prospective homebuyers on the West Coast. Median listings prices in markets across…
A report from Realtor.com. "Is the party really over? Over the last decade, the seemingly unstoppable growth of the American housing market has created a bonanza for sellers, a cutthroat environment for buyers, and an endless source of fascination for…