Unsustainable And Illusory
A report from the San Diego Business Journal in California. "People in the market for a new home are starting to get a break as the San Diego County real estate market cooled down a bit in August and early…
More Sellers Start To Realize They Can’t Sell Their Distressed Properties At Market Rate
A report from Greenville News in South Carolina. "Denise Franklin, president of the Greater Greenville Association of Realtors said the local housing market is starting to 'soften a little bit.' Some fear the ongoing real-estate boom may lead to another…
The Buying Frenzy Is Like So Yesterday
A report from the Buffalo News in New York. "The median sales price in the Buffalo Niagara area has topped $200,000 for three straight months – the first time that has ever happened – and hit a record $225,000 in…
There’s A Lot Of, Hey, Homes Only Go Up In Value
A report from the Wichita Eagle in Kansas. "A new study identifies Wichita as one of the most rapidly cooling housing markets in the country. The median listing price for a Wichita home actually fell by 7.28% from summer 2020…
It Became More Trouble Than Profit
A report from the Newark Advocate in Ohio. "In June, the average sale price of a Licking County home was $310,437. In June of 2020, home sales averaged $250,453. Since the average sale price dropped from $310,437 in June, to…
The Dystopian Nightmare Was Part Of The Reason For The Price Reduction
A report from the Denver Channel in Colorado. "Denver's red hot housing market is finally beginning to balance out. 'It’s still a seller’s market,' said realtor Joy Dysart. 'We’re not seeing quite as many showings. I would say that the…
The Only Way Out Is Up
A weekend topic starting with the Star Tribune in Minnesota. "Why does Duluth have a housing shortage if the population is barely growing? 'I don't necessarily accept the narrative that Duluth isn't growing given all the complex factors,' said Noah…
Getting The Calls From SELLERS Who Feel The End Of The Good Times Is Near
A report from Realtor.com. "The past year has been the stuff of home sellers’ dreams. It seemed they could put whatever price tag they wished on their properties and buyers would still line up around the block, many with all-cash…
Getting In On The Housing Bonanza, Investors Willing To Take A Loss
A weekend topic starting with Vice. "Zillow is doing a $450 million bond deal to get the money it needs. Opendoor went public to scale as quickly as it can. Even Rocket Homes is getting into the action. The race…
They Aren’t Getting Any Offers And Are Panicking
A report from 5280 on Colorado. "For single-family homes, CEO of BSW Real Estate Bret Weinstein notes that Denver’s housing market seems to be slowing down and finally experience the seasonality we were used to before the pandemic. 'We’re finally…