A report from Motley Fool. "Redfin said that 'demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks.'" From Reston Now in Virginia. "Sure, a lot of homes in…
A report from For Construction Pros. "July’s drop in U.S. housing starts outstripped forecast declines as consumer sentiment toward financed purchases faded to the lowest level since 2011. 'There is no question that home building has hit some sort of…
A weekend topic starting with the Star Tribune in Minnesota. "Why does Duluth have a housing shortage if the population is barely growing? 'I don't necessarily accept the narrative that Duluth isn't growing given all the complex factors,' said Noah…
It's Friday desk clearing time for this blogger. "Median selling prices in July declined 10% from June’s record high of $812,000 for a single-family home. Multiple offers are also down, as well as the number of bidding wars, according to…
A report from Banker and Tradesman in Massachusetts. "Single-family buyers could be in store for a reprieve from the frenzied pace of price appreciation in recent years, as the number of homes for sale slid upwards slightly, to 5,518 statewide.…
A report from Yahoo. "If you're looking to do major upgrades or are in the middle of one with a contractor, you might want to see if you can re-negotiate the cost of materials. Gregory Kyler, a Chicago-based licensed general…
A report from Realtor.com. "The past year has been the stuff of home sellers’ dreams. It seemed they could put whatever price tag they wished on their properties and buyers would still line up around the block, many with all-cash…
A report from the Lawton Constitution in Oklahoma. "For the first time in her 40 years as a realtor, Brenda Bentley is seeing sellers get well above asking price for their home. 'It’s been hard for sellers all these years,'…
A weekend topic starting with the International Consortium of Investigative Journalists. "By using a database of over 100 publicly reported real estate money laundering cases in the U.S., United Kingdom and Canada, Global Financial Integrity says the U.S. has become…
A weekend topic starting with Vice. "Zillow is doing a $450 million bond deal to get the money it needs. Opendoor went public to scale as quickly as it can. Even Rocket Homes is getting into the action. The race…