It's Friday desk clearing time for this blogger. "'I don’t believe it is rebalancing anymore,' said Tony Fink, a licensed agent in Raleigh. 'I think is is rebalanced, it has already occurred. It was not possible for us to sustain…
A report from USA Today. "'A lot of the places, the Zoom towns that rose really rapidly in prices are cooling very rapidly and there's been a pretty swift change,' says Redfin Economist Sheharyar Bokhari. 'Price drops are increasing, and…
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A report from WINK News in Florida. "Peter Davis, a broker based in Cape Coral, said he noticed a shift in the market this spring. 'Junk doesn’t sell and buyers aren’t willing to overpay for junk right now because the…
A report from Market Watch. "'Our prices have come off of their irrational highs of the last 18 months. It’s kind of a rebalancing,' Dave Walsh, manager of Compass Realty San Jose, told MarketWatch. At open houses in the Bay…
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A weekend topic starting with Bloomberg. "The US mortgage industry is seeing its first lenders go out of business after a sudden spike in lending rates, and the wave of failures that’s coming could be the worst since the housing…
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…
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A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…