A report from CNBC. "Overinflated home prices, high mortgage rates, rising supply and falling demand are all joining forces to cool the nation’s housing market. Nearly one-third of the largest 100 markets are now showing annual price declines of at…
A report from WTVR. "The days of frenzied bidding wars and offers well above asking price may be coming to an end as the housing market shows signs of cooling down. Home sales across the country have slowed to their…
A report from the Kenbridge Victoria Dispatch. "By the end of May, home sales had spiked in Nottoway County. The same is true of Amelia and even a slight uptick in nearby Brunswick, according to the Virginia Realtors. It’s the…
A report from the Dallas Morning News in Texas. "The stock of Dallas-Fort Worth housing inventory has increased to 4.7 months. That’s the highest since July 2012. There were 35,555 active listings in the region, up 37.2% from last May.…
It's Friday desk clearing time for this blogger. "Industry leaders say national reports decrying Cape Coral housing stats lack local context. Bob Quinn, with RE/MAX Realty, said sellers who are having difficulty are generally starting at a listing price that…
A report from Maui Now in Hawaii. "Maui’s housing market showed mixed trends, according to the REALTORS Association of Maui (RAM). While sales of single-family homes and condominiums fell by 1.5% and 5.1% year-over-year, respectively, median sales prices saw more…
A report from WINK. "The Cape Coral housing market has been making headlines recently, with a Wall Street Journal article labeling it the worst in the nation. WINK News reporter Jillian Haggerty explored the situation, speaking with Cape Coral homeowner…
A report from Wilmington Biz. "'The mania we saw from remote work, from significant relocations, has slowed down,' said Mouhcine Guettabi, a regional economist with the University of North Carolina Wilmington’s Swain Center. 'So we’re no longer seeing people waiving…
A report from Realtor.com. "Benjamin Catlett, of Zephyrhillis, FL, only managed to enjoy the bliss of being a homeowner for just over three years, before the worst happened. He shares that he was forced to demolish his three-bedroom, two-bathroom home…
A weekend topic starting with WGME. "Home sales in Maine continue to rise. According to the Maine Association of Realtors, the median sales price for single-family homes in the state reached $425,000 in May. In May of 2019, the median…