It's Friday desk clearing time for this blogger. "The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly decline since July 2013. The…
A report from the Jamaica Observer. "Real Estate Broker, Anya Levy, is cautioning financial institutions about irresponsible lending. Levy pointed to one mortgage institution, which she did not name, which is offering mortgages of 110 per cent a reckless undertaking…
It's Friday desk clearing time for this blogger. "In Seattle and King County, home prices in May were down substantially from a year ago. The price of the median home in Seattle dropped 5.4 %, to $784,925, compared to May…
A report from Star Vancouver in Canada. "After years of skyrocketing values in Vancouver, owners of homes worth millions will see the value of their properties drop by about 10 per cent this year, representing about $10 billion in total…
It's Friday desk clearing time for this blogger. "Over the last five months, we’ve seen more inventory than we have in years previously. Mona Spencer, branch manager for John L. Scott’s Redmond office, said buyers may be able to do…