This Is No Garden Variety Lawsuit
A report from Market Watch. "A new class-action lawsuit takes aim at real estate agents and the tools they use to do business. The suit was filed in Chicago on behalf of anyone who sold a home through one of…
This Is What It Looks Like When The Pendulum Starts To Go The Other Way
A report from Bloomberg. "The real estate frenzies in West Coast cities have become the stuff of lore: buyers jostling at open houses, homes getting offers sight unseen, bids coming in hundreds of thousands of dollars over asking. That’s all…
If Someone Is Way Overpriced, Those Properties Still Sit
A report from News 3 LV in Nevada. "It was only a matter of time before the blistering hot real estate market in Southern Nevada cooled down a little. The slower sales mean home sellers won’t see multiple offers piling…
Agents Bracing Themselves To Communicate Outrageously Low-Ball Offers To Sellers
A report from the Denver Post in Colorado. "For the first time in seven years, median home prices in metro Denver declined year-over-year, according to a monthly update from the Denver Metro Association of Realtors. 'Buyers are getting more power…
Questions As To Where Is That Line
A report from the Citizen Times in North Carolina. "A celebrated entrepreneur has had his real estate license stripped after keeping 'at least' tens of thousands of dollars owed to Airbnb owners whose properties he managed, state regulators said. Shawn Johnson…
Most Price Reductions Are Because The Investors And Flippers Are Trying To Resell
A report from the Arizona Republic. "It’s still a sellers market in metro Phoenix, but buyers are gaining ground. At the same time, the number of homes for sale is up. 'Buyers now might be competing with three other offers…
A Little Shock Of Reality To Sellers Who Need To Readjust Their Expectations
A report from Boise Dev in Idaho. "First they planned 126 apartments. Then, after pushback, 47 homes. Finally, after more changes and hearings, a plan for 42 homes won approval. A year later, the project is stopped, and the property…
Buyers Are Getting Some Of Their Advantages Back
A report from Connect FM. "Thinking about buying a home? Bess Freedman, CEO of Brown Harris Stevens, a realty company in New York, says, 'We are definitely in a buyer’s market… very price sensitive, perhaps the most price sensitive market…
Nervous Sellers Fold Quickly In The Fear Of Flopping At Auctions, And Agents Grab Whatever They Can Get
A report from ABC News in Australia. "There has been a dramatic increase in how long it is taking to sell properties over the past year. Pat and Shirley Tucker have put their four-bedroom home in Melbourne's eastern suburbs on…
Is This Happening All Over The Country?
A report from the Sacramento Bee in California. "After months — and even years — of rising home sale prices, the Sacramento region could be seeing the first signs of a decline. The median home sales price in the Sacramento…