A report from Fox Business. "A year ago, business was booming for Touchstone Living Inc. The Nevada builder had a list of 639 qualified buyers who wanted homes in its development about 15 miles north of the Las Vegas Strip.…
A report from Bankrate. "'California will be a prime target for price declines,' says Lawrence Yun, chief economist at the National Association of Realtors. 'It’s almost assured that expensive areas will go through some price adjustment.' The retreat in home…
A report from the Niagara Gazette in New York. "'The first sign of a housing boom came in April 2020,' said Jamie Yaman, the principal broker for Cortland-based Yaman Real Estate. 'That is a market we will never see again.…
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A report from KHOU in Texas. "Although Corpus Christi homes are still selling, a downward trend in buyers is leaving houses on the market longer than even just six months ago, when homeowners were able to set their price, said…
A weekend topic starting with the Dallas Morning News in Texas. "'A lot of builders are very worried right now,' said Phil Crone, executive director of the Dallas Builders Association. 'They pushed all their chips in to try to keep…
A report from King 5 in Washington. "High mortgage rates are outpacing how much buyers can afford, which is leading to homes staying on the market for longer and sellers slashing prices. It's something house flipper Diana Roger is seeing,…
A report from Market Watch. "The tide has turned, and buyers are now backing out of deals in the Sun Belt. Once pandemic boomtowns, 15.2% of homes in cities in the Sun Belt that went under contract in August fell…
A report from ABC News. "Wesley and Kimberly Robinson, both elementary school teachers, started building a new home for themselves and their two daughters in Rogers, Arkansas, last year, when interest rates were close to 3%. But their mortgage rate…
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