A report from the Press Herald in Maine. "Portland’s condominium market reached a fever pitch in 2018, with new and existing units selling faster than ever before – and at higher prices. Portland developers are practically falling over themselves to…
A report from Forbes. "In the last year, national home prices have jumped just 0.6%, according to the Housing Market Tracker from Redfin. Just one year ago, annual home price gains were nearing 10%. Add in that housing inventory is…
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…
It's Friday desk clearing time for this blogger. "Last year, 20,648 single-family and multifamily existing homes sold in Lee County and 10,527 in Collier — a 49 percent decline over 2017 when Hurricane Irma hit, slowing the market. There are still plenty of interested…
A report from Forbes on New York. "Though New York already has a 'mansion tax'—a 1% tax on homes over $1 million—support for the pied-a-terre bill is gaining. 'Because many of these expensive properties are effective ways for foreign buyers…
A report from KGW 8 on Oregon. "For the first time in seven years Portland home prices have gone down, according to new numbers from Regional Multiple Listing Service. The apartment building boom has left many units vacant across the…
A report from the Denver Post in Colorado. "For at least five years, until last summer, home sellers had a firm upper hand in metro Denver, but the power dynamic is shifting. One sign of that — more sellers are having…
A report from Bakersfield.com in California. "There's been considerable discussion since Trulia, a property listing website owned by Zillow, in November ranked Bakersfield fourth on its list of the top 10 housing markets to watch in 2019. Home appraiser Gary…
A report from Mansion Global on New York. "Manhattan’s luxury housing market weathered another frigid week, with only 12 contracts signed for homes priced at $4 million or more in the seven days through Sunday. It was the lowest activity during the…
A report from the Los Angeles Times in California. "After nearly seven years of sometimes fevered price hikes, the Southern California housing market has slowed markedly in recent months. A belief that the price slowdown will lead to a price drop could…