It's Friday desk clearing time for this blogger. "'Prices are down well over 20% from the height in April and May,' said Lori Abbey with The Abbey Collection at Compass Real Estate. Metro Denver had twice as many homes with…
A report from Money Wise. "'It’s becoming increasingly clear that the real estate markets are headed for a correction,' says George Ratiu, senior economist with Realtor.com. In Austin, for example, buyers are regaining bargaining power as sales last month fell…
A report from the Phoenix Business Journal in Arizona. "As the Valley's housing market continues to cool, home sellers are cutting list prices while various incentives are emerging — signs that the housing market is finally on its way to…
A report from KVUE on Louisiana. "There is a slight shift happening in the housing market. Realtors on the North Shore report a lot of homes returning to the market with reduced pricing, homes under $300k returning to the market…
It's Friday desk clearing time for this blogger. "More and more homes in Citrus Heights and the Sacramento region are seeing reductions in prices from original list price. Appraiser Ryan Lundquist says it’s a different market today than just a…
A report from Forbes. "New home sales unexpectedly plunged much more than economists projected—and for the fourth consecutive month—in April. 'In short, the party is over,' Pantheon Macro chief economist Ian Shepherdson said after the report, pointing out the collapse…
A report from the New York Times. "Luis Solis, a real estate agent in Portland, Ore., marked a milestone weekend late last month. It was the first time in two years that one of his listings made it to Monday…