A report from the Wall Street Journal. "Foreign purchases of U.S. homes have dropped by half over the last two years, a fresh blow to the top end of the market in New York City, Miami and cities in California.…
A report from the Wall Street Journal on New York. "High-rise developers in Manhattan are coming under stress as tough market conditions are starting to undermine some of the city’s most prominent luxury condo projects. At a mixed-use project that…
It's Friday desk clearing time for this blogger. "Wu Xiaohui was shopping in New York. For buildings. 'He didn’t really care — he’d point out the window and say, ’That one!’ recalls a real estate executive. These days Wu is…
A report from the Associated Press. "Andy and Stacie Proctor made a bid on a house in the Salt Lake City suburbs, only to rescind it upon learning there were 13 rival offers. At one point, they almost decided not…
It's Friday desk clearing time for this blogger. "The average asking price of homes in the Lakes Region is definitely inflated by the many high-priced waterfront homes that are on the market. Big time! You’d almost think we were in…
A report from the Dallas Morning News in Texas. "Is Dallas-Fort Worth becoming a buyers' market? With more properties on the market and sales beginning to slow, things are starting to change. Half of the country's largest housing markets —…
A report from Bloomberg on Florida. "A housing slowdown is taking hold in some Florida markets, where a growing share of properties sold only after the seller cut the asking price. Miami leads the nation in both the size and…
A report from the Seattle Times in Washington. "Renters looking for something that might qualify as a deal by Seattle standards are in luck as a record number of new apartments spring up. And with new housing openings scheduled to…
A report from the Press Herald in Maine. "Portland’s condominium market reached a fever pitch in 2018, with new and existing units selling faster than ever before – and at higher prices. Portland developers are practically falling over themselves to…
A report from the Naples News in Florida. "The year is off to a good start for homebuyers. Visitors looking to purchase a home in the Naples area during January were pleasantly surprised with their options as inventory levels increased…