A report from the Review Journal in Nevada. "In the southwest Las Vegas Valley, a one-story house for sale boasts vaulted ceilings, crown molding, and an open floor plan. It’s a 'gem,' the listing declares — and amid falling home…
A weekend topic starting with WTOP. "'We’ve seen a huge slowdown in demand. In fact, I’m talking to real estate agents who are canceling open houses because they say nobody is showing up right now,' said Diana Olick, who has…
A report from the Seattle Business Journal in Washington. "The median sale price of single-family homes in Seattle fell nearly 12% from April to May, according to the Northwest Multiple Listing Service (NWMLS). Meanwhile, the number of in-city pending sales…
A report from WHIO TV in Ohio. "The housing market has seen a significant surge during the pandemic, but now it’s beginning to slow down. Rhonda Chambal, President of Irongate Realtors, said, 'I actually have a brother-in-law who is an…
A report from the Mortgage Research Center. "The share of U.S. properties for sale that received competitive offers from buyers in April dropped to the lowest level in more than a year, according to Redfin. 'Higher rates are also limiting…
A report from the San Diego Reader in California. "Like a flock of birds changing flight abruptly and in unison, so could go the real estate market. One Sunday, a few months ago, I held an open house for one…
A report from KCRA in California. "Buyers and sellers across the Sacramento region are bracing themselves as interest rates peak after years of relief. 'The housing market has been completely bananas for the beginning of the year, unreal price growth…
A report from Business Insider. "The top themes of the homebuilder survey were a slowdown in entry-level housing demand due to 'payment shock,' investors pulling back, and a ripple effect of rising rates moving up market, according to Rick Palacios…
A report from Housing Wire. "BJ Witkopf is a mortgage specialist with Assurance Financial: Planet Earth has has gone from a ball of molten rock to ice, and then, to the climate we have today. Just like Earth, mortgage rates…
A report from Aaron Layman in Texas. "It’s pretty amazing to see the Powell Fed stand by while the housing market bubbles over. The median price of a Denton home soared 34.8% from the same time a year ago to…