Can We Lowball To Get A House Now?
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A report from ABC 15 in Arizona. "'Home prices are now down 8% in Phoenix compared to the 2022 spring peak, which is twice as large as the decline in prices nationally, but still lower than declines in the Bay…
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A report from the Arizona Republic. "As interest rates have risen nationally, housing sales prices have fallen about 13% in the Phoenix metro since the peak in May 2022, said Danny Court, partner and senior economist with Elliott D. Pollack…
A weekend topic starting with Fortune. "A new era of higher borrowing costs and more cautious lenders—coupled with slowing growth and recession fears—has frozen once-red hot segments of the U.S. economy. Logan Allin, founder of Fin Capital, a fintech-focused VC…
It's Friday desk clearing time for this blogger. "Cooling real estate market trends continued into December 2022, according to reports from the Northern Virginia Association of Realtors and Virginia Realtors. The median sold price for a home also decreased slightly…
A report from Silicon Valley. "Last year 'just got really bumpy real quick,' said Janine Hunt, an agent with Red Oak Realty in Oakland. 'We knew it was coming. What goes up must come down.' The median price of existing…
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A weekend topic starting with the Telegraph. "Stephen Schwarzman, the chief executive of the world’s largest private equity firm, is not someone who takes kindly to criticism. So when Blackstone was last month forced to limit investor withdrawals from its…