Homeowners are cashing out equity like it’s 2005

With home values soaring and mortgage rates still near historic lows, homeowners are cashing out home equity at volumes not seen since the height of the housing bubble. Continue reading

Bubble trouble: How agents are managing client anxiety amid bubble talk

Today’s crazy market conditions are forcing agents to have sometimes-challenging conversations about what a bubble is and what might happen in a correction. Continue reading

Fears of pandemic-induced foreclosure wave ease

Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading

Rising lumber costs add $36K to new home sales prices

The battle between supply and demand has hit the lumber industry hard, as mills struggle to keep up with demand and homebuilders push the costs to buyers. Continue reading

Bubble trouble: Is the market on a collision course with disaster?

Soaring home prices have fueled talk of a bubble. Economists, however, think a gradual slowdown is more likely than a sudden pop. Continue reading

Get paid to move: 6 regions wooing new residents with cash perks

Economic councils across the U.S. are trying to lure remote workers with incentives like cash, community events with other transplants, free flights and in the case of the Northwest Arkansas Council, a bicycle. And it seems to be working. Continue reading

The buyer’s agent who padlocked the gate: Stories from the wild world of real estate

Have you heard the latest boots-on-the-ground, can-you-believe-it story? Here are some of the most unusual and bizarre tales from the front lines of the current mad market. Continue reading