It's Friday desk clearing time for this blogger. "Owners with a mortgage lost a small amount of equity last quarter — an average of $5,400 per borrower — marking the first annual decline since 2012, according to CoreLogic. But home-equity…
A report from My Northwest in Washington. "The glory days of 30-year mortgage rates hovering around 3% or less may be in the rearview mirror. Windermere's Chief Economist Matthew Gardner was on Seattle’s Morning News Wednesday and declared, ‘Are we…
A report from the News Press in Florida. "Lee County Property Appraiser Matt Caldwell released his preliminary report on real estate values in Lee County during 2022. Two barrier island communities hit hardest by Hurricane Ian saw sharply falling values,…
A report from The Street. "Florida's Sarasota is the city with the biggest increase of home listings hitting the market. Between May 2022 and 2023, there's been an 128.1% increase in for-sale properties. The high inventory has to do with…
A report from KING TV in Washington. "'January 1, of 2022 was a high water mark, the real estate market was red hot. Houses were selling for a half million bucks over the asking price. January 2023, is a whole…
A weekend topic starting with the Denver Gazette in Colorado. "'Spring felt like a failure to launch, which has led to a summer kick-off where the natural rhythm of the Denver real estate market simply feels off,' said DMAR Chair…
A report from Mansion Global on Washington. "'The upper end of the ultra high-end market is softer than we’ve seen in many years,' said Moira Holley, co-founder of Realogics Sotheby’s International Realty in Seattle. 'In 2021, when there was brisk…
It's Friday desk clearing time for this blogger. "The local housing market is not 'crashing at all,' said King County Assessor John Wilson. 'But the fact is, it’s finally kind of peaked.' In Seattle’s Queen Anne neighborhood, values declined 8%…
A report from the Review Journal in Nevada. "Las Vegas’ real estate investor boom appears to be over. Investor sales in metro Las Vegas plunged a dramatic 60 percent in the first quarter compared to a year earlier, according to…
A report from Your Observer in Florida. "As the busy season on Longboat Key winds down, so does the demand for properties. The real estate market on the barrier island has slowed down alongside the area's. 'We’re seeing price reductions…