Source: Banker & Tradesman — A recent report from the National Association of Realtors crystalizes the generational and class warfare suburbanites have perpetrated on the rest of this nation. The share of first-time buyers, NAR wrote, has reached its...
Source: Seattle Times — The cooling housing market is driving yet another round of layoffs at a Seattle-based company. The online real estate brokerage Redfin plans to lay off 862 employees nationwide and shut down its house-flipping business, RedfinNow, the...
Source: The Business Times — THE Federal Reserve suggested on Friday (Nov 4) that lofty home prices could be susceptible to steep declines after big run-ups in recent years on the back of ultra-low interest rates. “With valuations at high levels, house prices...
Source: Yahoo! News — Nov. 5—PENDLETON — When the time came to sell her mother’s condominium, Carole Edwards was cautiously optimistic that a buyer would surface quickly. She was also aware, however, that the local housing market — mirroring several...
Source: Yahoo! — After climbing above 7% for the first time in 20 years, U.S. mortgage rates moved back down this week even as the housing market continues to reel from high borrowing costs. Rates also dipped despite the Federal Reserve announcing another hike...