It's Friday desk clearing time for this blogger. "Nearly one in five sellers dropped prices during the four week period ended May 22, Redfin Corp. said. 'The picture of a softening housing market is becoming more clear, especially to home…
A report from the Idaho Press. "Brett Hughes, owner of Boise Premier Real Estate said in 2010 less than three homes in the million-dollar price range were sold in Ada County. That is partially because many of these homes that…
It's Friday desk clearing time for this blogger. "Lotte Vonk knew that when her second child arrives in a few months, space in her suburban Chicago townhome would get tighter. They listed their home for $315,000 last week and have…
A weekend topic starting with the Los Angeles Times in California. "You’d be forgiven for passing this utterly unimpressive 1,800-square-foot house without a second look, but for decades it was everything to a large family headed by two immigrants who…
A report from Candy's Dirt in Texas. "'We’re seeing the results of buyer exhaustion. These poor guys and gals are no longer willing to be one of 40 offers and pay so far beyond an already inflated asking price,' said Travis…
A report from the Peninsula Clarion in Alaska. "The market in Seward has adapted to the competition, said Nicole Lawrence, the owner of Seward Properties. Another way buyers are trying to be competitive, Lawrence said, is by waiving the appraisal…
It's Friday desk clearing time for this blogger. "Already recent housing-market data has shown the massive effect the surge in rates has had on home buyers. 'The pandemic boom in home sales is over, and activity is back at pre-pandemic…
A report from Reuters. "In mid-April Harsh Grewal and his wife settled on a place in a San Francisco suburb and were prepping a bid, above the listed price so they'd have a chance of besting other offers. Then he…
A report from the Los Angeles Times. "Christopher Thornberg, founding partner with Beacon Economics said Orange County and the rest of Southern California are relatively inexpensive compared with other major metropolises around the world. Given the area is home to…
A report from the Idaho Statesman. "A one-bedroom apartment in downtown Boise costs about $350,000 to build, and one elsewhere in the Treasure Valley costs about $270,000, said Clay Carley, a developer. Outside of downtown, Jim Tomlinson, a developer with…