Crypto mortgages let homebuyers use Bitcoin as collateral
A start-up called Milo started offering 30-year mortgages backed by cryptocurrencies. The company is working with more than 700 potential borrowers on pre-approvals and has...
Weekly price drops in NYC
Jamaica, Queens – right next to JFK airport. Maybe not the fanciest neighbourhood, so should take with a grain of salt. Good to see they...
Palo Alto, CA: Sold $1M over asking. Let’s understand why…
Ok, it is a Eichler in Palo Alto so that should at least explain something… They’re desirable in that they’re historic and some people like...
$500k for a mobile home in Bozeman, MT
…and $700k for a acre of land. $500k for a mobile home in Bozeman, Montana. Here’s the original listing. I’m not appraiser by trade but...
Top cities with the most significant housing price drop
“Many of the metro areas seeing median list price declines have seen an [influx] of smaller homes come to market, which carry lower price tags,”...
Active vacation rentals in the Seattle Metropolitan Area
This is a different aspect of the housing crisis… There’s high house purchase prices and there’s the potential effect on current supply due to growth...
This is what a 1M house looks like in Los Angeles
https://www.zillow.com/homedetails/3256-S-Sherbourne-Dr-Los-Angeles-CA-90034/20495867_zpid/ Built in 1940, located in Culver City. It’s on Zillow since a few days, let’s see what happens in the next few weeks....
Wells Fargo to start laying off Mortgage Staff
Wells Fargo confirmed Friday its laying off an undisclosed number of home lending employees due to mortgage market conditions: https://www.iqstock.news/n/wells-fargo-confirms-mortgage-staff-layoffs-3789242/ Interestingly enough, this happened a...
$100k price cut in Austin area. It’s happening
Listed at $205k in 2017. Listed at $619k two weeks ago. There are plenty of similar homes in this area for sale, it seems that people are...
Home sales dip for a second consecutive month
According to the the National Association of Realtors (NAR), home sales fell 2.7% to a seasonally adjusted 5.77 million units in March from February. Home sales...