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The Risk Of Mortgage Prison

It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…

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Nobody Sell Your Unit, No One Leave

A report from Boston.com on Massachusetts. "Anyone who’s paid even just casual attention to the Boston residential real estate market knows that home values continue to rise, and out of that a phenomenon has emerged: the $1 million one-bedroom, one-bathroom…

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We Are Re-Educating Sellers

A report from the Wall Street Journal. "Lumber prices typically rise in the spring as builders stock up for construction season. But this year, they are being hit hard by bad weather and a decline in home building. 'We’re starting…

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