A report from the Orange County Register in California. "Unaffordable home prices coupled with rising mortgage rates are expected to create 'a weaker housing market in 2019,' according to a statewide real estate industry group. A forecast by the California…
A report from the Nashville Ledger in Tennessee. "'I don’t want to appear desperate' is how sellers often respond when their listing agent tells them their house is not selling because the price is too high. Here’s what buyers really…
A report from Cory Doctorow on New York. "New York real estate is valuable because of the people who want to live there because of the vibrancy of the city -- but as the city is choked off from real…
A report from the Epoch Times. "China, for several years, has experienced higher real-estate sales in early October, earning the period the nickname 'Golden Week.' This year, however, the market has fared poorly, with developers doling out properties for steep…
A report from Bloomberg on Washington. "The housing market in Seattle can't seem to make up its mind. For years, the story behind the real-estate market here was this: Californians looking for cheaper property would migrate north and push up…
A report from The Plains Dealer in Ohio. "JPMorgan Chase has continued to cut jobs nationwide in mortgage lending, eliminating 400 jobs last week, including at least 20 in downtown Cleveland. The nationwide cuts, first reported by the Wall Street…
A report from Bloomberg on Hong Kong. "Banks in Hong Kong are aggressively cutting property valuations as the city’s housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. 'The banks’ assessment is often…
A report from CNBC. "Millennials are in their prime homebuying years, and they're used to cheap credit. So they might be in for a rude awakening as mortgage rates jump.The average rate on the 30-year fixed loan sat just below…
A report KTVZ in Oregon. "Home sales are seasonal, so it's not too surprising that Bend's record-high June median home sales price of $449,000 dropped in September for the third straight month, to $425,000. But a Redmond appraisal firm noted…
A report from the Philadelphia Inquirer in Pennsylvania. "Prices paid for vacant land in Philadelphia have plummeted to their lowest levels in three years after peaking in 2017, an indication that the city's development boom led by townhouse, condo and…