A report from Bloomberg. "The luxury real estate market in 2018 wasn’t great for many people. Sellers in cities as far apart as London, Los Angeles, and New York found themselves facing daunting macro- and microeconomic headwinds, while buyers, on…
A report from the Seattle Times in Washington. "Seattle for nearly two years led the 20-city S&P CoreLogic Case-Shiller index in annual price growth for homes, but falling prices here in recent months have now dropped it to fourth place.…
It's Friday desk clearing time for this blogger. " The year 2018 was one of ebbing expectations. Early in the year the local market was still rather robust with limited inventory and relatively strong demand from buyers. Sellers were still…
A report from Fox 5 Vegas in Nevada. "Potential home buyers in the Las Vegas Valley said 'no' to real estate for the month of November. New data by the Greater Las Vegas Association of Realtors shows 10,000 single family…
It's Friday desk clearing time for this blogger. "It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets. And now, suddenly, they’re not. In Seattle, more than half of homes…
A report from the Wall Street Journal. "The national housing slowdown is spreading to markets like Las Vegas and Phoenix. Angela Hutchins, a Las Vegas realtor, said price cuts of up to tens of thousands of dollars are now common.…
A report from The Olympian in Washington. "The Thurston County housing market cooled in November — just as it did in October — as some buyers stayed on the sidelines because of seasonal factors or slightly higher mortgage interest rates,…
A report from Staten Island Live in New York. "After more than three years of a strong seller’s market, Staten Island’s residential real estate is now favoring home buyers, Realtors say. 'Real estate always works in cycles. The seller’s market…
Some housing bubble news from Wall Street and Washington, MarketWatch. "Sales of newly-constructed homes swooned to the lowest since December 2016. September’s selling pace of 553,000 was 5.5% lower than in August, and 13.2% lower than a year ago. Sales…
A report from Bisnow. "Experts have been estimating the likelihood of a commercial real estate bubble for years now. As recently as a year ago, experts in sectors like multifamily denied that bubble-like conditions existed, or at least downplayed the…