A report from Fox News. "'For the last seven straight months it has been going down and this is a huge drop - and I think all it says is, ‘Somebody do something or we’re going to go into a…
A weekend topic starting with Yahoo Finance. "I was talking to a high-profile Wall Street strategist the other day who told me she and her husband were house-hunting in the Hamptons. They saw a place they liked, but the asking…
A report from Market Watch. "Frederick Warburg Peters, the president of Coldwell Banker Warburg, sounded a grimmer outlook for the Manhattan real-estate market in his own second-quarter market report. 'Throughout the second quarter, that slowdown has accelerated: fewer signed contracts,…
A report from the News Sun in Indiana. "Larry Doyle, president of Campbell & Fetter Bank, ran some sample numbers to illustrate. 'That’s a $318 increase. Same dollar amount. Same dollar amount borrowed,' Doyle said. 'We had nine price reductions…
A report from Money Wise. "Austin real estate agent Lilly Rockwell says the market has already started favoring buyers and that she just helped a client negotiate a purchase for under list price. 'It's fabulous. Finally. Tons of choices, very…
It's Friday desk clearing time for this blogger. "Tacoma, Boise, Sacramento and other cities were listed among those seeing home listing-price declines. Provo and Tacoma saw the largest percentage of dropping prices, with 102 of 108 metros Redfin reviewed seeing…
A report from Fortune. "The regional housing markets seeing the most price cuts are in the very places that soared the most during the pandemic. As that pandemic housing boom fizzled out last month, things shifted quickly in Provo. In…
A report from Bloomberg. "Cryptocurrencies plummeted so violently that a popular lending platform froze withdrawals to prevent a very modern kind of bank run. It was enough, for some, to resurface scary memories of the global financial crisis more than…
It's Friday desk clearing time for this blogger. "Already recent housing-market data has shown the massive effect the surge in rates has had on home buyers. 'The pandemic boom in home sales is over, and activity is back at pre-pandemic…
A weekend topic starting with BBN Times. "The amount of wealth in an economy should be related to the amount of income. For example, wealth in real estate will be linked to the income that people have available to pay…