A growing foreclosure crisis? Not according to the latest Fed data
Once again, the latest quarterly New York Fed Household Debt and Credit report reinforces a story I have been talking about for a long time: homeowners in America are in solid financial shape, while those who cling to the narrative of the 2008 housing crisis still require a dose of gloom therapy. Tw
Phoenix sellers cut prices, but values hold firm
The Phoenix–Mesa–Glendale metro housing market presents a striking paradox: while 48.99% of active listings have reduced prices, the median list price holds firm at $522,000, sitting 20% above the national median of $435,000. This pricing dynamic signals a market recalibration where sellers are adju
Rochester affordability fuels New York’s tightest housing market
The Rochester metro has become New York’s tightest housing market, with just 0.96 months of inventory—the lowest among all major metros in the state. The metro’s relative affordability at a $249,900 median list price appears to be driving intense buyer competition, pushing the market into strong sel
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