Another 20% MoM drop in the market?
According to february publicly-available local realtor/MLS reports, the existing home sales ran at a seasonally adjusted annual rate of 4.51 million, which is up 12.75%...
Real Estate Bubble bursting in Germany?
According to this article from German news media: Prices for apartments and houses have recently fallen more sharply than they have in over 20 years....
Bumpy recovery while inflation rises, still far from last year
Good news for homebuyers, as mortgage rates continue to drop in the latest Freddie Mac survey, falling to 6.32%, the lowest in six weeks. However,...
Weekly Economy & Market News #1
Great news for the housing market! According to the National Association of REALTORS®, existing-home sales saw a 14.5% increase in February, putting an end to...
No, the market is not going to go bust
As we move into 2023, the end of the foreclosure moratoriums, coupled with the expiration of a large number of forbearance plans, will likely lead...
Weekly Economy & Market News #0
Today, the most significant event impacting the housing market is the collapse of Silicon Valley Bank (SVB), despite the release of a wealth of anticipated...
Using Bitcoin as a mortgage collateral? You may want to think twice
In recent years, bitcoin and other cryptocurrencies have gained popularity as an investment and a means of exchange. While cryptocurrencies are still not widely accepted...
Consumer loans higher than personal savings for the first time since 2008
The consumer credit data coming out this Tuesday June 7th will likely be another shocker. The last 2 monthly readings showed consumer debt was way...
$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,”...