A report from Bloomberg. "Sean Pan wanted to be rich, and his day job as an aeronautical engineer wasn’t cutting it. So at 27 he started a side gig flipping houses in the booming San Francisco Bay Area. He was…
A report from Patch New York City. "Prices dropped on some 212 homes in the Upper East Side-Carnegie Hill area last month, the most for any neighborhood in the city, according to a report from RealtyHop. One home in the…
A report from the Seattle Times in Washington. "Seattle-area homebuyers have a bit of good news as the middle of the housing market continues to come down from what one local housing economist calls last summer’s 'sugar high.' April’s median…
A report from Geek Wire on Washington. "Loftium, the Seattle real estate startup that helped people buy homes in exchange for renting out an extra room on Airbnb, has shifted its focus to rentals. 'Given how quickly home prices have…
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…
A report from the Tennessean. "Home buyers are gaining the upper hand in Nashville as demand continues to trend down this year. The number of unsold homes in the Nashville Metro area sitting on the market in March – 11,510 –…
It's Friday desk clearing time for this blogger. "The new color for this spring's housing market map is red, as more and more Dallas-area neighborhoods show declines in purchases from a year ago and lower overall sales prices. The biggest…
A report from CNBC. "Sales of existing homes were weaker than expected in March. But behind the headline numbers, an even more disconcerting dynamic is playing out. Both the high end and the low end of the market are struggling…
A report from the Wall Street Journal. "A gauge of U.S. home building and approvals for new projects declined in March, continuing a recent weak stretch for new housing construction. Single-family building has held near the highest levels since before…
It's Friday desk clearing time for this blogger. "'About 15 years ago – this is before the housing bubble burst – we had a similar situation where affordable housing was an issue,' said Marty Olejniczak, community development director for the…