It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…
A report from the San Francisco Chronicle in California. "Bay Area home prices stalled out for a second straight month in April. 'We are seeing more price reductions, more contingent sales, we are not having the spring we had last…
A report from Market Watch. "Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said. The trend is solidly downward. April marked the 16th-straight month of…
A report from Domain News in Australia. "Savvy Sydney buyers can snap up houses in a handful of suburbs for prices last seen in 2015 as the property market continues its slide. Epping’s median house price has fallen to $1.45…
A report from the Orange County Register in California. "Southern California’s home prices boomeranged back in April from a rare price drop in March as lower mortgage rates and an increase in the number of homes for sale lured more…
A report from Marketplace. "It’s never easy to set the price of a home. It gets even trickier in a cooling housing market. Nancy McInerny of Aberdeen, Maryland listed her four-bedroom house for $399,000 in January. Four months and two…
A report from the Review Journal on Nevada. "Las Vegas home prices continued to tap the brakes in March but still grew more than twice as fast as the national average, a new report shows. The downshift is one sign…
A report from Market Watch. "The S&P CoreLogic Case-Shiller 20-city index rose a seasonally adjusted 0.1% in March, compared to February, and was 2.7% higher compared to a year ago. That was the slowest pace of annual growth since August…
A report from the Santa Cruz Sentinel in California. "On some blocks in Old Palo Alto, $9 million doesn’t even buy a roof. Take the nice vacant lot with the for sale sign on Bryant Street near Coleridge Avenue. But…
Two reports from the Globe and Mail in Canada. "In a letter to the House of Commons finance committee, Evan Siddall, chief executive of Canada Mortgage and Housing Corp., offered an aggressive defence of the controversial mortgage qualification standard, saying…