A report from ABC 7 in Illinois. "In Evanston, there are only 40 single family homes for sale right now; not even a one month supply of inventory. Upwards of two dozen hopeful buyers at a time have been seen…
A report from Local Profile on Texas. "Located at Lebanon Road and the Dallas North Tollway, the 175-acre Wade Park development was envisioned as the crown jewel of Frisco’s vaunted '5 billion dollar mile.' Yet instead of that picturesque scenery,…
A report from Realtor.com. "The residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. 'The very nature of the pandemic, through the health implications, social…
A report from the New York Post. "This historic Soho loft is in contract to sell for the low price of $4 million. The sprawling loft first went on the market for $10.95 million in 2013. The seller is artist…
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…