A report from WFTV in Florida. "Local real estate agents say buyers may finally have the upper hand this year. The average home in the Orlando area is around $20,000 cheaper than this time last year, according to the Orlando Regional Realtor Association. 'Our average days on the market was 76 days. And we haven’t had a day on the market that long since 2015,' said real estate agent Ray Lopez. 'If they go down just a little bit more, we’re going to have a phenomenal as far as transaction count, spring and summer.' Agents say if interest rates drop just a little more, it could mean big opportunities for buyers."

WCSC in South Carolina. "Two Charleston-area law firms are investigating the sudden mandatory evacuation of a downtown condominium on behalf of condo owners. Shuttered balconies and boarded windows line the facade of Dockside Condominiums, shielding public view of the inside of the building that towers over the Charleston Harbor. Graham Stone, 85, dreamed of a forever home looking over the Cooper River. 'We were told the problems and that it would all be fixed. It should have already been fixed, that is why we are paying you $1,000 a month,' Stone said. 'Who I really feel sorry for are the people who just bought them months before. Put their money in, took a mortgage out, now they are on the street. How does the city morally deal with that?'"

"Stone said he was told to continue paying his monthly $1,300 and $160 for a parking pass, despite being unable to access his living space. 'People have asked but they keep saying there is so many expenses, legal expenses and that sort of thing. And that’s why we have to keep paying, and if we don’t, basically the building is facing bankruptcy,' Stone said. 'I’ve never felt poor in my whole life. Now I feel poor.'"

KTNV in Nevada. "'What’s happening right now is kind of scary for a lot of people,' said Jennifer Graff, a realtor at Douglass Elliman Real Estate & Founder of The New Home Experts Las Vegas. Graff and West Coast Mortgage Group Vice President Andrew Leavitt say right now is the time to buy, saying with more homes on the market and fewer buyers, you can get a deal. I asked Leavitt if that means buyers have more negotiating power right now. 'Right, to ask for credits to ask for lower sales price, you have that ability right now more than you’ve have in the last 6 months so take advantage of it,' said Leavitt. As for fears of a recession, Leavitt says what's happening to the U.S. economy today is not the same as in 2008 when foreclosures were everywhere. 'In 2007, the reduction in mortgages was just short of 6 million, the point is almost half of them were foreclosed on. If we look at current stats nowadays, in 2024 there was a few hundred thousand foreclosures, yet there was almost 6 million loans originated,' said Leavitt. 'Until you have that same scenario happen again, you won’t see another housing crisis happen again"

KCCI in Iowa. "A Waukee man withdrew his $6.2 million bid for the bankrupt Estates of Waukee townhome development today, leaving the property in foreclosure and uncertainty. The Estates of Waukee has been on a financial roller coaster for more than a year. It's been empty since last summer. Some of the windows are boarded up, and a chain-link fence surrounds the property. Last March, an investor who was supposed to be given one of the units worth $367,000 said he never got it. He said that Pella-based developers Jeffery and Tina Ewing were the victims of high interest rates. 'The people who are buying in and wanted to live there get hurt. And I think the Ewings are good people. It's just that they got hurt because of the interest rate environment and that economic environment,' said investor Kurt Brewer. The Ewings are now in the process of filing for bankruptcy. The townhome complex is in foreclosure."

Palo Alto Online in California. "Silicon Valley kicked off the spring homebuying season with a significant surge in inventory alongside a notable decrease in pending sales. Dave Walsh, vice president and sales manager of Compass in Los Altos and San Jose, said this year’s market presents a complex picture. According to Walsh, the Silicon Valley housing market, which includes all of Santa Clara County and the Midpeninsula cities of Menlo Park, Atherton, Portola Valley, Woodside and Redwood City in San Mateo County, has seen a 72% increase in the number of homes currently on the market compared to the same time last year. While pending sales are down year-over-year, the volume of new listings entering the market is above average."

"In March, the number of homes listed in Santa Clara County was 1,111, but the number of homes sold was 664, according to sales data compiled from the Multiple Listing Service. In San Mateo County, 281 homes sold out of the 466 properties newly listed last month, according to the sales data. 'It’s the volatility that’s starting to concern people,' Walsh said. 'If they’re coming from the stock world, the reality is that’s where their down payments are from.' Walsh said there also is a significant number of unsold multi-unit residential buildings. In Santa Clara County, the number of unsold planned developments is currently at a level not seen since 2013, he said. This is concerning because high vacancy rates and rent increases for multifamily properties may lead to oversupply and deter investors and potential buyers, he added."

The Westside Current. "The elevator doors at 5050 West Pico Boulevard open onto a dim hallway scrawled with graffiti. Down the corridor, someone shouts incoherently. A man stumbles past, barefoot and muttering. Moments earlier, a resident had offered a quiet warning: 'After dark, this place turns into a drug den.' This isn't an alley in Skid Row. It is a Project Homekey site - part of California's flagship response to homelessness. Once the scene of a ribbon-cutting ceremony attended by Governor Gavin Newsom and Los Angeles lawmakers, the Mid-Wilshire property is now a symbol of the disconnect between promise and reality. Purchased by the Housing Authority of the City of Los Angeles (HACLA) for $36.5 million, the building still advertises 'luxury' apartments with 'modern elegance' and 'sweeping views of L.A.' Yet, at the time of sale, it carried 18 active mechanics' liens totaling more than $2.1 million."

"Launched in 2020, Project Homekey was intended to be a bold and expedited effort to convert underused buildings into permanent supportive housing. More than $3 billion has been invested statewide, including over $1.3 billion from Los Angeles city and county coffers. A core requirement of Homekey funding is its 'low-barrier' housing model - meaning no prerequisites for entry, such as sobriety or psychiatric evaluations. The 911 call logs reviewed don't capture every act of violence, nor every moment of quiet resilience. But they offer a sobering window into the strain faced by a system meant to offer stability: properties under pressure, residents carrying unaddressed trauma, and a safety net full of holes. 'Shelter isn't a sanctuary when you have to call 911 to feel safe,' said another resident."

KTAR in Arizona. "A crowd-funded real estate firm bought a 71-unit property in east Phoenix, the company announced on Thursday. Neighborhood Ventures purchased the property at 5245 E Thomas Road for $11 million and plans to rent out the units. 'This successful closing is another example of how Neighborhood Ventures is leveraging market conditions to acquire distressed properties at a deep discount, reposition them and create long-term value for our investors,' Jamison Manwaring, co-founder and CEO of Neighborhood Ventures, said in a press release. It is the second time Neighborhood Ventures has bought a 'distressed property,' and the first instance the property was in foreclosure."

Bisnow on Virginia. "Another institutional investor has shed a Washington, D.C.-area office building for a fraction of what it paid for it. Nuveen sold the office building at 4350 N. Fairfax Drive in Arlington, two blocks from the Ballston Metro station, on April 1 to Arlington-based Rooney Properties for $20.2M, property records show. That price equates to $103 per SF for the 197K SF building. It was developed in 1989, and the Teachers Insurance and Annuity Association of America, which has since branded its real estate arm as Nuveen, acquired it in 2006 for $85M. The building is roughly 50% vacant, and more tenants are expected to leave, Newmark Executive Managing Director James Cassidy, who brokered the sale."

"Arlington's office market is expected to see more pain in the near future from the Trump administration's cuts to the federal workforce and real estate footprint, local officials and developers said at a Bisnow event last week. More than 25,000 federal employees work in Arlington, and it has a large base of contractors that rely on government funding. 'There are legacy assets that investors are going to have to sell and meet the market, whether it's distressed or recycling capital,' Cassidy said. 'In addition, we're seeing a growing list of investors eager to look at the potential of owning office in this market.'"

The Globe and Mail. "Sales last month in the Greater Toronto Area reached their lowest level for a month of March since 1995, points out Daren King, economist at National Bank of Canada. That follows a February tally that also hadn’t been seen in more than two decades. Sellers, meanwhile, are continuing to list. 'Supply is mounting,” says Christopher Bibby, broker with Re/Max Hallmark Bibby Group Realty, who had 22 listings for sale in early April. That’s a significant bump from the number he typically has at one time. In some cases, sellers are first batting away buyers trying their luck with lowball bids. In more difficult circumstances, some sellers are struggling to break even after purchasing in 2021 and 2022."

"Mr. Bibby points out that people who purchased 20 years ago or so are still doing extremely well. But someone who purchased in 2021, paid land transfer tax and then put money into renovations will likely be selling at a loss today. 'It’s impossible – I can’t do it,' says Mr. Bibby of the expectations of some sellers. 'If there’s a specific number you need, don’t test the market.' Active listings soared 88.3 per cent in March compared with the same month last year. That’s the highest level for March since 2009. For the first three months of 2025, sales fell 21.3 per cent compared with the same period in 2024 and recorded their lowest level for a first quarter since 1999."

Domain News in Australia. "Sydney vendors have finally caught on and are pricing their properties to meet market expectations, experts say. This is a departure from last year when Sydney sellers were still pricing properties in line with the COVID property boom of 2021. Domain data shows new home listings have grown by 33 per cent in the 12-month period from March 2024 to March 2025. This influx of new property listings has resulted in Sydney houses taking longer to sell. The latest data from Domain shows the average rate of discounting has stayed stable at around 6 per cent over the past six months, from October 2024 to March 2025."

"'You’ve always got a little bit of a pricing mismatch between what a seller’s expectations are for their home and what the market is willing to pay,' says Domain chief of research and economics Dr Nicola Powell. 'But discounting is a good indication of what direction the market is moving in.' Right now, when a seller is coming to market, they are more realistic with pricing, Powell says. Agents are also finding that vendors’ expectations are catching up to the current Sydney market, pricing their properties accordingly and being patient to sell. Sydney-based agent Suzanne Hibberd of Abode Property says sellers have become more aware that the post-COVID market boom is a thing of the past. 'People have sort of relaxed back into the chair, and they understand that that’s not going to keep happening, and that there has to be a sense of normality with pricing,' she says. 'Owners are more cautious than ever on what price they should put their property on the market at because they fear that if they put it too high, it will just sit there.'"

"Now it’s become normal for a property to sit in the market for 12 to 16 weeks before selling, says Hibberd. 'I always say to people, new buyers come around every four to six weeks. You shouldn’t be concerned if the property is in its 12th or 14th week,' he says. 'If we’re still trying to sell it, you just got to wait for the right buyer.'"