A report from the Times Standard in California. "Garberville and Whitethorn in Southern Humboldt County saw some of the highest foreclosure rates in the nation during this year’s third financial quarter, according to ATTOM. For ZIP codes with over 1,000…
A report from the San Francisco Chronicle in California. "Redfin agent Andrea Chopp said while so many buyers have been priced out of the market, she thinks it’s actually a great time to buy — if you can afford it.…
It's Friday desk clearing time for this blogger. "The Federal Reserve looks on course to lose money next year as it raises short-term interest rates to try to rein in inflation, according to former New York Fed President William Dudley.…
A report from 19 News Cleveland. "Layoffs happened at a popular home mortgage company headquartered in Northeast Ohio. Union Home Mortgage in a statement told 19 News they are temporarily adjusting staffing levels to accommodate rapidly changing conditions in the…
It's Friday desk clearing time for this blogger. "The number of single-family home sales has declined for three consecutive months. Tim Warren, CEO of The Warren Group, said the single' biggest reason for the slide is that the typical price…
It's Friday desk clearing time for this blogger. "Betsy Ronel, a licensed real estate salesperson with Compass in Westchester County, New York, said she believes the market will be in recovery mode for the foreseeable future. 'It’s a national issue,…
It's Friday desk clearing time for this blogger. "Stacy Levey, a real estate broker who primarily sells in Westchester County, New York, says the bidding wars this time around are different from boom times past. One of her clients paid…
A report from Bloomberg. "The Federal Reserve warned of significant risks of business bankruptcies and steep drops in commercial real estate prices in a report published on Friday. 'Business leverage now stands near historical highs,' the central bank said in…
A report from Bloomberg. "U.S. household debt rose slightly in the third quarter, reaching the highest level ever. Total debt increased 0.6% to $14.35 trillion from $14.27 trillion in the second quarter, the Federal Reserve Bank of New York said…
A report from the Wall Street Journal. "Mariano Rivera, the retired Major League Baseball pitcher, is listing his home in Rye, an affluent community in Westchester County, N.Y., for $3.995 million. Mr. Rivera and his wife bought the property in…