Topping The Charts For Price Declines And The Worst Of It May Not Be Over
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A report from the Mercury News in California. "Signs of a homebuilding decline are already clear. In San Francisco, for instance, several of the city’s biggest housing developments are reportedly stalled. And in Concord, a 16,000-unit megaproject still in the…
A report from the Pahrump Valley Times in Nevada. "Pahrump home sales and prices slid slightly in the last two months of 2022, according to data released by Las Vegas Realtors. December 2022 was a 'bust' compared to the 'bang'…
A report from KTVZ in Oregon. "The Bend home market 'finished with a stabilizing median sale price' of $678,000, down $18,000 from November and close to October’s figure. It’s also a drop of nearly $100,000 from the spring, when Bend’s…
A report from the Review Journal in Nevada. "With builders slashing prices and buyers pulling back, Las Vegas’ home construction market kept hitting the brakes in November. 'Over the past few months though, the conversation has changed from how high…
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It's Friday desk clearing time for this blogger. "In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in…