A report from Boca News Now in Florida. "Home values in Boca Raton and Delray Beach dropped precipitously between from the second to third quarter of 2021. According to the Elliman Report prepared by Miller Samuel Real Estate Appraisers, the…
A report from Bloomberg. "Zillow’s iBuying business loses money, so stopping purchases should help its bottom line, analyst Ygal Arounian said in a note. 'This feels like they bought way too many homes and they’re trying to work off that…
It's Friday desk clearing time for this blogger. "The stratospheric housing market may be returning to earth. Through the first eight months of the year, 28,306 homes were listed for sale in Greater Columbus, up 13.5% from the same period…
A report from the Austin Business Journal in Texas. "More evidence is rolling in that indicates the period of rapidly increasing monthly housing prices may be coming to an end. The Austin Board of Realtors' most recent market update, released…
A report from Banker and Tradesman. "The coming weeks and months present a challenge to reporters and editors covering the Massachusetts real estate market. After 18 months of precipitous price jumps, this summer saw hints that the speed of those…
It's Friday desk clearing time for this blogger. "Have Northern Virginia home sellers missed the sweet spot? The D.C. region’s red-hot housing market has begun to show signs of fatigue, and in Northern Virginia the market softened in August. 'Overall…
A report from the Buffalo News in New York. "The median sales price in the Buffalo Niagara area has topped $200,000 for three straight months – the first time that has ever happened – and hit a record $225,000 in…
A report from For Construction Pros. "July’s drop in U.S. housing starts outstripped forecast declines as consumer sentiment toward financed purchases faded to the lowest level since 2011. 'There is no question that home building has hit some sort of…
It's Friday desk clearing time for this blogger. "Median selling prices in July declined 10% from June’s record high of $812,000 for a single-family home. Multiple offers are also down, as well as the number of bidding wars, according to…
It's Friday desk clearing time for this blogger. "The number of new home purchases has certainly slowed amid the construction industry's struggles, though it’s not impossible for buyers to find a new home to purchase. In many cases, homebuilders have…