It's Friday desk clearing time for this blogger. "'The sharpest price decline in Utah’s real estate history occurred from May 2022 to January 2023,' wrote the report’s authors, housing researchers Jim Wood and Dejan Eskic. In those eight months, the…
A report from WDSU in Louisiana. "According to the New Orleans Metropolitan Association of Realtors, houses are sitting on the market longer and sales are down 24 percent compared to this time last year. Real estate broker Samantha Bush has…
A report from the Wall Street Journal. "Some of the biggest names in commercial real-estate lending have all but turned off the spigot. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real-estate investment trusts,…
A report from Bay City News Service in California. "Bay Area cities have experienced some of the biggest drops in home prices across the country, including Dublin at the top of the list, according to a new study evaluating typical…
A weekend topic starting with the Washington Post. "The first share of $80 million that D.C. officials expect to reap from multistate opioid settlements has landed in District coffers, critical support for stemming an epidemic that claims more lives annually…
A report from the Seattle Times in Washington. "Late last year, sales of luxury homes in the Seattle area dropped more than 50% from a year earlier, according to a Redfin report that defined luxury homes as those in the…
A report from CBS 5. "The Valley housing market is cooling down, experts said, correcting after what used to be one of the hottest markets in the country. Median home prices are down more than $50,000 from this time last…
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…
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 Idaho Statesman. "For the first time since the years after the Great Recession, city officials project that Boise homeowners will see decreases in their property taxes. The same trend is happening across most of Ada County,…