A Tough Situation If Liquidity Dries Up
A report from WCMH in Ohio. "The Columbus real estate market is booming. Just as fast as a homeowner can put a for sale sign in their front yard, it is now quickly replaced with a sign that reads sold. 'We…
If Enough People Believe Prices Are Peaking Then Sellers Hurry, Buyers Hold Off And Prices Fall
A report from Mansion Global on California. "San Francisco’s median house price was $1.545 million in the first quarter of 2019, a 4% decline from a year ago, according to a quarterly report from Compass. Overall sales in the Golden…
A Little Shock Of Reality To Sellers Who Need To Readjust Their Expectations
A report from Boise Dev in Idaho. "First they planned 126 apartments. Then, after pushback, 47 homes. Finally, after more changes and hearings, a plan for 42 homes won approval. A year later, the project is stopped, and the property…
Shifting From, ‘Oh, Wow’ And ‘Too High’ To ‘Uh Oh’
A report from the New Orleans Advocate in Louisiana. "After years of rising prices, David Devillier saw his chance to get in on New Orleans’ real estate boom when he bought and restored a nearly 160-year-old Greek Revival double-gallery house…
Overpriced Homes Are No Longer Selling Without A Reduction
A report from Mansion Global on California. "At the beginning of this year, the demand for L.A. properties still far exceeded the supply, which drove prices higher and higher as the growth in other global cities slowed or stopped. But…