A weekend topic starting with a report by Auction.com Vice President of Market Economics Daren Blomquist. "Growing competition from a new breed of foreclosure auction buyer is evident in proprietary foreclosure sales rate data from Auction.com. More than 37% of…
It's Friday desk clearing time for this blogger. "San Diego County’s median home price was $575,000 in December, a slight decrease from the previous month but still near record highs. Rich Toscano, who predicted the housing crash in November 2005…
A report from the Wall Street Journal. "Fair Isaac Corp., creator of FICO scores, will soon start scoring consumers with rising debt levels and those who fall behind on loan payments more harshly. The changes are an about-face from recent…
A report from the Miami Herald in Florida. "Moving trucks may be parked near Virgin MiamiCentral soon. Park-line Miami at 100 NW Sixth St., the two 30-story apartment buildings for rent above the train station, opened its leasing office in…
Two reports from the Wall Street Journal. "A flock of vulture investors is circling China: large money managers including Blackstone Group, Lone Star Funds and Oaktree Capital as well as Bain Capital. In the past few years global investment firms…
A report from Knowledge Wharton. "Susan Wachter, Wharton professor of real estate and finance, noted that at the top end, housing prices have moderated and are decreasing in major markets like New York, San Francisco and Washington, D.C., and said…
A weekend topic starting with Market Place. "The following is an excerpt from Christopher Knowlton’s new book, 'Bubble in the Sun: The Florida Boom of the 1920s and how it brought on the Great Depression.' 'My first impression, as I…
A report from Point 2 Homes on Texas. ""Q: Would you recommend buying or renting in the largest cities in Texas this year? Shannon Cornelison-Brown Assistant Professor of Accounting Austin College: 'In the largest cities in Texas, investor funds have…
It's Friday desk clearing time for this blogger. "The St. George Metropolitan Area has ranked among the fastest-growing areas in the country for decades. But now, there are signs of a slowdown. Construction is down substantially from its peak in…
A report from the Wall Street Journal. "Mary Babinski, a senior loan officer with Motto Mortgage Champions in Trinity, Fla., recently wrote a 30-year loan for a retiree buying a home in New Port Richey. He had no problem qualifying,…