About
Housing reporter, The Wall Street Journal
Twitter Feed
13,325
followers 7,472
tweets 
NYT CEO Mark Thompson to Columbia MBA grads: We won't secure the future of the Times without moves that are inherently risky.
Glenn Hubbard to MBA grads: Education should provide a mindset not just a skill set.
Short sales may be treated like foreclosures by credit-reporting agencies wapo.st/10BysxE
None
washingtonpost.com — ●In a short sale, the bank approves the sale of the house to a new buyer at a mutually acceptable price. Any unpaid loan balance not covered by the sale proceeds may then be either partially or fully forgiven.
RT @philizzo: Congrats, Class of 2013, you've got most debt ever. Even adjusting for inflation, you owe double the Class of 1993 http://t.c…
Number of the Week: Class of 2013, Most Indebted Ever
blogs.wsj.com — 30,000: The average student-loan debt for a borrower who received a bachelor's degree in 2013. The class of 2013 entered college just as the economic recovery was beginning in June 2009, but while their job prospects are better than other recent graduates, their debt burden is heavier.
Wells Fargo says it halted foreclosures to reconcile new regulatory guidance. Pause will be "brief" on.wsj.com/10zaBTx
Some Banks Halt Foreclosures, Citing Regulator's Bulletin
online.wsj.com — Some of the nation's largest banks, including Wells Fargo, suspended foreclosure sales in a number of states following guidance issued by federal banking regulators.
@LoganMohtashami Yup. And if that happens as rates begin to rise, things will get interesting.
@LoganMohtashami I guess the hope is that rising prices will unlock more sellers, which enables more sales but less price explosion.
@LoganMohtashami There's no doubt we could be running higher on volume. Instead, we're running higher on price.
@LoganMohtashami To clarify, low supply is not leading to year-over-year reported declines. It could certainly be restraining volume.
Why starts slumped: 60% of home builders deliberately slowed sales by raising prices or limiting releases in April on.wsj.com/17z28nN
Housing Starts Slide 16.5%
online.wsj.com — Construction of new homes sank last month far more than expected, a sign of weakness for a part of the economy that has been in recovery mode.Sign up to discover more journalists who cover Business and Finance, U.S. and more.
Create An AccountShare This Profile
