A report from Yahoo Finance. "The Federal Reserve chairman this week doused any hope homebuyers had that mortgage rates would soften anytime soon. Instead, rates jumped above 7% after Jerome Powell said inflation was taking longer to come down to…
A report from the Mortgage Research Center. "Critics of the 'date the rate' strategy are having their day in the sun. They were right in saying that the strategy could be harder to implement than it sounds. Realtor.com offered solid…
It's Friday desk clearing time for this blogger. "After two lucrative summers, Jeanette Robinson said seasonal reservations are trickling in much slower for her Falmouth bed and breakfast. 'The rental market is totally flooded,' said Robinson, who has owned the…
A report from WPTV. "The rising cost of home insurance for one Palm Beach County condo is a story that seems to playing out at condos all across Florida. 'It's shocking to watch in a few years to go from…
A report from Market Watch. "It’s a tough time for the real-estate industry, which faces a significant test in the form of higher mortgage rates, Dave Liniger, the real-estate tycoon, founder and chairman of Denver-based real-estate giant Re/Max, told MarketWatch.…
A report from NBC Montana. "Nationwide, 2023 saw the lowest number of homes sold in the past 30 years. 'We have to stop the bleeding before an improvement can take place,' Lawrence Yun, an economist with the National Association of…
A report from Barron's. "Places where prices have run up the most relative to historic norms are most vulnerable to setbacks, industry experts say. Florida, and Miami in particular, are cases in point. Frustration hangs over the housing market in…
A weekend topic starting with Go Banking Rates. "A housing bubble can cause property prices to soar to unrealistic levels, leading to an eventual crash that can have detrimental effects on homeowners and the economy. Seth Jacobs, an experienced mortgage…
A weekend topic starting with the Real Deal. "When long-standing rules for negotiating broker commissions were thrown up in the air, buyers were left hanging with questions on how mortgages will factor into the revamped process. Mortgage giants Fannie Mae…
It's Friday desk clearing time for this blogger. "Total home sales fell more than 4% in March, the National Association of Realtors said Thursday. Lawrence Yun, the association's chief economist, said in the report rising job numbers suggest there are…