Source: Yahoo Finance — The U.S. housing market’s topsy-turvy ride shows no sign of letup in the new year, as mortgage applications rose sharply last week despite fears that home sales will keep sinking in 2023. Mortgage applications for the week ending Jan....
Source: The Salem News —Â There is one troubling word that Freddie Mac’s chief economist Sam Khater uses to describe the winter 2023 housing market: weak. “The housing market remains in the doldrums with declining sales, inventory and prices,”...
Source: Fortune — Not only did spiking mortgage rates prompt the Pandemic Housing Boom to fizzle out in the summer of 2022, they also pushed housing market transactions into free-fall mode. By December, mortgage purchase applications were down over 40% on a...
Source: JD Supra —Â This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended...
Source: firsttuesday Journal — Working in a buyer’s market The past decade of real estate sales has given preferential treatment to the seller. During this time, sellers — and real estate agents — have gotten used to experiencing housing as a get-rich-quick...
California Shuts Down Nano Banc; FDIC Estimates $114 Million Loss
