A weekend topic starting with Reuters. "Lampooned by fiscal hawks as belief in a 'magic money tree', ever higher public borrowing and spending had seemed manageable and sensible for many years - hinged as they were on persistently low inflation…
It's Friday desk clearing time for this blogger. "Homeowners interested in selling are rushing to dump their domiciles before possible buyers run away. 'The thought of rising interest rates has lit a bit of fire to our timeline,' Meri Schroeder,…
A report from CBS Boston in Massachusetts. "Like the price of just about everything, the price to finance a home is going up. 'It has a lot to do with inflation,' said IND Mortgage founder Dick Lee. 'Inflation is the…
A press release from the used shack sellers. "As the final countdown begins to Realtor.com® Listapalooza, the company today released data that shows homeowners are gearing up to sell this Spring and Summer. According to the report, 64% of prospective…
A report from Mortgage News Daily. "Black Knight's latest Mortgage Monitor report was released this morning. One of the two key pieces of additional data is the average mortgage payment associated with the average-priced home. After all, rates are lower…
A report from the LA Business Journal in California. "Agents agree that a lot of the reason we are seeing more mansions sell at auction is that properties are simply listed too high and in some cases, sellers want to…
A weekend topic starting with Greenwich Time. "To much of the world, Greenwich is an enclave of the rich and powerful, the standard for Connecticut’s 'gold coast.' To satirists, it is a target for their humor. That was the case…
A weekend topic starting with Bankrate. "'Effectively, increased mortgage rates reduce conventional buyers’ buying power by 9% to 10% to 11%, pending their debt-to-income ratio,' said Baron Christopher Hanson of Echo Fine Properties. 'Pre-approved buyers for $500,000 to $1 million…
It's Friday desk clearing time for this blogger. "Until recently, experts haven't widely supported the possibility of a housing bubble about to burst, especially in states like Utah. Dejan Eskic, at the University of Utah told the Deseret News on…
A report from the Missourian. "Realtors and lenders in Franklin County said demand for housing remains strong even with inflated costs. The price of houses have gone up dramatically in the last few years. Cory Davis with RE/MAX Gold in…