A report from the Ahwatukee Foothills News in Arizona. "While the market will stabilize, it’s expected to remain challenging. The Cromford Report – a leading analyst leading analyst of the Valley housing market – said last week, 'We are seeing…
A report from the Mercury News in California. "It might be hard to fathom in this real estate market, but one in eight home sellers in San Francisco and on the Peninsula is now taking a loss. How can that…
A report from the Washington Examiner. "The price of everything is up since 2020, but in absolute terms nothing has gone up more than mortgages. With the 2024 presidential contest coming into focus, housing affordability will be among the economic…
It's Friday desk clearing time for this blogger. "The tough housing market has been especially hard for condo owners. Rufina Cappelli has lived in her St. Petersburg condo for 28 yards, but this month, she’s grappling with a new reality…
A report from US News and World Report. "'Even though new home sales have been solid, builders are increasingly having to react to weaker demand amidst growing unaffordability,' said Bright MLS Chief Economist Lisa Sturtevant. 'While the median price of…
It's Friday desk clearing time for this blogger. "An 11% increase in new listings shows there’s some movement again in a market that stagnated during the regular summer doldrums. 'What closed in October surprised me,' said Corcoran broker associate Linda…
A report from the New York Times. "In the class-action suit, a federal jury in Missouri ruled that the National Association of Realtors and several real estate brokerages had conspired to fix prices. 'Brokers are nervous that they won’t make…
A report from Fox 4 in Florida. "A luxury condominium for cars will soon come to Collier County. The Lutgert Companies have revealed their plans to construct the facility which will be named the Naples Auto Vault, on Airport Road.…
It's Friday desk clearing time for this blogger. "More builders are offering new incentives to keep buyers on the hook in a tough housing market. How about free mortgage payments? That’s what one builder is doing. 'Right now, we’re offering…
A report from the Real Deal on Texas. "While Austin’s average sale price remains well above historical levels — the median price is 44 percent higher than it was five years ago — recent months have seen a marked slowdown…