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NAR names Utah Realtor as 2023 president
Source: Atlanta Agent Magazine --- The National Association of REALTORS® named Spanish Fork, Utah, Realtor Kenny Parcell as its 2023 president at the NAR NXT convention in Orlando, Florida, this week. Parcell, who is preceded by 2022 President Leslie Rouda Smith, is...
Evidence Builds For Painful Housing Recession
Source: Forbes --- Housing market sentiment is at lows we haven’t seen since the 1980s. Inventory metrics are moving in the wrong direction, and mortgage rates have risen back to levels from before the financial crisis. How bad will the housing market get? Falling...
‘Zombie Debt’: Homeowners face foreclosure on old mortgages
Source: Centre Daily Times --- Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home...
Real estate market in Austin dominated by international buyers, says new report
Source: Fox 7 News --- AUSTIN, Texas - The Austin real estate market has been very hot over the last couple of years, and that's especially true when it comes to international home buyers. A new report showing more and more people from around the world are buying...
Here’s why Home Depot and Lowe’s are booming in a housing market bust
Source: CNBC--- As the U.S. housing market falls hard from its pandemic-driven highs, home improvement retailers like Home Depot and Lowe’s don’t seem to be feeling the same pain. In fact, they’re faring better than expected. While homebuilding and home remodeling are...
Looking for an Owner-Financed Home? 5 Things to Avoid
Source: The Ascent --- There are at least two good reasons a potential home buyer may turn to owner financing. Perhaps their credit score is not high enough to qualify for a traditional mortgage, or they're hoping to buy time to save for a larger down payment but want...
4 Ways Rent-to-Own Can Help You Buy a House
Source: The Ascent --- Although home prices in some regions of the country have softened, the median price of a single-family home still rings in at just under $385,000. With mortgage rates hovering around 7%, the monthly payment alone pushes many would-be home buyers...
Eagle County Real Estate Market Report: Reason for optimism in uncertain times
Source: Vail Daily --- Media headlines are generating uncertainty around the local and national housing market, and lower inventory coupled with higher inflation and interest rates have created a pause in the residential real estate market. Depending on whom you...
Why Are Houses So Expensive In Today’s Market?
Homes have been booming in prices over the last few years, a lot of homeowners have been moving out of California and heading up towards Oregon, and Washington, and once the pandemic hit in 2019 people started buying land in Montana, Idaho, Utah, and other less...
What Is a Housing Market Price Correction?
Source: U.S. News --- As a homeowner or would-be homeowner, news of housing market conditions can feel stressful – especially when you haven’t endured those conditions in the past. But not all terms are as complicated as they may seem, or as scary for you as a...














