A report from the Herald Tribune in Florida. "One of Florida’s premier economic forecasters handed a full banquet room a bouquet of fragrant roses — that being a metaphor for a sweet future for the state. 'Florida is outperforming the…
A report from the Wall Street Journal. "Lumber prices typically rise in the spring as builders stock up for construction season. But this year, they are being hit hard by bad weather and a decline in home building. 'We’re starting…
It's Friday desk clearing time for this blogger. "'About 15 years ago – this is before the housing bubble burst – we had a similar situation where affordable housing was an issue,' said Marty Olejniczak, community development director for the…
A report from the Union Tribune in California. " February sales were down 8.1 percent compared to the previous year, but that was not as severe as the last few months when sales dropped 10 percent to 22 percent. All…
A report from the Orange County Register in California. "Last month saw Southern California home sales fall 11.7 percent from February 2018 levels, with just 13,466 houses, condos and townhomes changing hands, CoreLogic reported. That’s the smallest sales tally for…
A report from Realtor.com. "Spring is here—and it’s not just the mercury that’s heating up. This is the unofficial kickoff to the home-buying season, when buyers come out of hibernation and start hitting the open houses in earnest. And this…
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…
A report from USA Today. "If you're hunting for a house this spring, say goodbye to frenzied bidding wars. And if you're selling, get ready for good, old-fashioned negotiations. 'Sellers in the areas where we saw the highest appreciation, they can’t…
A report from Bloomberg. "Toll Brothers Inc.'s new home orders dropped 24 percent in the fiscal first quarter, the steepest annual decline for the biggest U.S. luxury homebuilder since the depths of the housing crash in 2010. Orders fell 62…
A report from the Wall Street Journal. "Home prices in 2018 grew at their slowest pace in four years, while construction slumped, signaling that the housing market started this year on shaky footing. Economists cautioned that a rebound to the…