The Market Is At A Turning Point
A report from the South China Morning Post on Hong Kong. "Fears of a drop in home prices are growing in the world’s least affordable housing market as at least five homes were unloaded at discounts of up to 16…
Things Were About To Peak
A report from CNBC on California. "The San Francisco Bay Area home sales numbers are in for August, and they continue to weaken. Total sales for the Bay Area fell nearly 10 percent compared with August 2017, according to CoreLogic.…
The Next Sector Of The Market To Cool Off
A report from the Seattle Times in Washington. "Seattle’s housing builders are starting to party like it’s 2005: That’s right, condos are back. Developers who spent the past several years building just about everything except condos are pivoting back to…
Winter Is Coming And Price Cuts Are A Rite Of Autumn
A report from Crain's Chicago Business in Illinois. "Widespread price-cutting has been going on since early July in the Chicago area, a sign that sellers are responding to 'unmotivated' buyers, a Chicago broker said. Of the nine Chicago homes real…
In The Past, It Might Have Sold
A report from the Orange County Register in California. "Southern California home sales hit a four-year low this past summer as rising costs and a lack of affordable homes cut into home shopper’s buying power, real estate data firm CoreLogic…
Going Through The Same Market-Wide Cool Down
A report from the Aspen Times in Colorado. "After owning a West End property for more than a decade, the city of Aspen is ready to unload a house that has served as a multimillion-dollar rental unit. The city put…
Sales Have Stalled Due To An Oversaturation Of New Construction
A report from Barron's on Massachusetts. "Since the Great Recession, Boston home values have risen steadily and are at an 'all-time high,' says Debbie Adamidis, an investment property specialist at Jacob Realty. Sales of high-end properties have somewhat stalled due…
Sellers Rushed To Market As Supply Has Grown Sharply
A report from the Orange County Register in California. "Southern California’s housing market enters the typically slower-selling fall season relatively awash in listings amid a significant cooling of house hunters’ willingness to make a deal. 'New cracks in the housing…
Sitting Unsold For Longer
A report from the Seattle Times in Washington. "A month after the Seattle area was dethroned as the hottest housing market in the country, the local housing market is cooling again — but the outer reaches of the metro area…
Eventually They’re Going To Have A Big Sale And Mark It Down
A report from Multi-Family Biz. "For the first time since 2012, rents nationwide remained at the same level as they were a year earlier, with a median rent of $1,440. Annual rent appreciation has slowed for six straight months, according…