A weekend topic starting with NPR. "VANEK SMITH: 'Who are these people with this cash?' He says all this started some years back.' A handful of, like, ski bum, techie startuppy types moved into Bozeman from big cities, and they…
A weekend topic starting with Mortgage News Daily. "Quontic Bank has expanded its very popular No Ratio program such that the borrower doesn’t put income or job on the application for owner-occupied borrowers. The borrower could have opened a business…
It's Friday desk clearing time for this blogger. "Buyers started returning to San Francisco’s downtown condo market in the fourth quarter of 2020. The resurgence in sales, however, didn’t bolster prices: They declined an average of 10.4% year over year…
A report from Cal Matters on California. "At the start of the pandemic, Brandon McCall’s two tenants ran into financial trouble. With a limited amount of cash coming in, McCall said the two of them stopped paying rent on his…
A report from WTMJ in Wisconsin. "Shorewest realtor Essam Elsafy is counseling his clients through this frenzied housing market. He says acting fast is a necessity. He shared a conversation he recently had with house hunters. 'We saw a house…
A report from the Wall Street Journal. "The residential real-estate market is on its biggest tear since 2006, just before the housing bubble burst. 'It’s the hottest market I’ve ever seen,' said Sean Chandler, president of the central Texas division…
A report from Fox Business. "Florida, it turns out, isn’t for everyone. But you would never know it from the PR coming out of the state. David Lowe, sold his longtime home outside Sarasota, Fla., in 2019 for $375,000 and…
A weekend topic starting with Now Toronto. "A Scarborough bungalow is currently listed at $2.2 million, which is double the record-breaking average price for a home in the Greater Toronto real estate market. The selling agents says that price is…
A report from Market Place on New York. "Broker Peter Schubert estimates that between 10% and 20% of commercial real estate in Brooklyn is vacant right now — officially. 'On top of that 10 or 20%, we know that there’s…
It's Friday desk clearing time for this blogger. "Americans treated their homes like ATMs last year, withdrawing $152.7 billion amid a cash-out refinancing spree not seen since before the 2008 financial crisis. Mortgage rates fell below 3 percent for the…