A report from KXAN in Texas. "Home prices in Austin continue to cool after reaching a zenith last year. The median home price in the Austin-Round Rock region fell 15% last month to $466,705, per an Austin Board of Realtors…
A report from Reuters. "Shares of U.S. regional banks fell premarket on Thursday, hurt by a 37% slump in PacWest Bancorp after its announcement about exploring strategic options including a potential sale or capital raising, after a liquidity boost announced…
A report from the Mercury News in California. "'Silicon Valley Bank’s collapse is good for real estate,' said Chris Thornberg, an economist and founder of Beacon Economics. 'I mean it. If it forces the Federal Reserve to truly sit on…
It's Friday desk clearing time for this blogger. "Lee Roberts, 74, the retired CEO of Fort Worth-based RadioShack, has put his five-bedroom, 10-bathroom home at 4400 Overton Crest St. up for auction. Roberts and his wife invested $12 million in…
https://www.youtube.com/watch?v=wf3ibEfNooc https://www.youtube.com/watch?v=81cX_2JbUI8 https://www.youtube.com/watch?v=fbezzCWjt9Q https://www.youtube.com/watch?v=uyL36b8_ZoE
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…
A weekend topic starting with the Powell Tribune in Wyoming. "By the summer, the market was heating up — and it never slowed down. Today, the housing inventory in Powell is at lower levels than anyone can remember. John Parsons,…