Source: LA Times — Welcome back to the Real Estate newsletter. It’s been a relatively quiet summer on the luxury front, but this week, we finally saw the extremes that the Southern California market is capable of. First, we stopped by a dinner party in West...
Source: Marketwatch — The number of foreclosure starts — which is when the first public foreclosure notice happens — is up 219% since the start of the year, according to real estate data analytics firm ATTOM Data Solutions’ midyear 2022 U.S. foreclosure market...
Source: Review Journal — In more ways than one, Las Vegas’ housing market is getting doused with cold water. People are buying fewer homes, sellers are slashing their prices, and availability is soaring. Southern Nevada is far from alone in seeing its...
Source: Fortune — Homebuyers had enough. Spiked mortgage rates on top of record home price appreciation—up 42% since the onset of the pandemic—pushed monthly mortgage payments to a level that is simply unattainable for tens of millions of would-be buyers. As...
Source: Toronto Sun — In so many ways, we rely on the media to provide us with information about housing markets in this hectic world. Readers and viewers, however, should look at the big picture and put news in perspective. We hear a lot about rising interest...
Source: Marketplace — China’s real estate sector has a debt problem. Large property developers like the embattled company Evergrande have racked up massive amounts of debt, leading to construction stoppages and lots of angry homebuyers. Amid the turmoil, buyers...
