A report from Axios Denver in Colorado. "As the market settles, so will the 'record-breaking appreciation homeowners have been spoiled with,' realtor Jeremy Kane at eXp Realty anticipates. 'This will feel like a pull-back or a loss in value, when…
A weekend topic starting with Fortune. "Homebuilders and economists alike were on edge this spring after the Federal Reserve Bank of Dallas published a paper titled "Real-Time Market Monitoring Finds Signs of Brewing U.S. Housing Bubble." Shortly afterwards, Fortune spoke…
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A report from USA Today. "'A lot of the places, the Zoom towns that rose really rapidly in prices are cooling very rapidly and there's been a pretty swift change,' says Redfin Economist Sheharyar Bokhari. 'Price drops are increasing, and…
A report from the Sun Sentinel in Florida. "More inventory is coming back to the housing market and closed sales are plummeting as the buyer frenzy of the past year starts to taper. 'Buyers cannot handle these high prices and…
It's Friday desk clearing time for this blogger. "The number of new home purchases has certainly slowed amid the construction industry's struggles, though it’s not impossible for buyers to find a new home to purchase. In many cases, homebuilders have…
It's Friday desk clearing time for this blogger. "Realtors Jera Banks and Adam Bailey said virtually every part of the Phoenix area is seeing the high demand. This demand is something we have never seen before, according to experts. But…
Two reports from the Wall Street Journal. "Even with recent gains, more jobs have been lost—nearly 11 million—than were cut in the wake of the 2007-09 recession, when 8.7 million were eliminated. Economic production, despite a sharp bounce-back in the…
A report from Yahoo Money. "With the jobless rate spiking into the double digits, more Americans may look to unlock the wealth tied up in their homes to get through the crisis. Problem is, banks won't give up the key.…
It's Friday desk clearing time for this blogger. "'I've definitely seen deals in escrow when this hit, where the buyer came to the seller and said 'I'm still willing to move forward, but with this news and health crisis and…