It's Friday desk clearing time for this blogger. "The local housing market is not 'crashing at all,' said King County Assessor John Wilson. 'But the fact is, it’s finally kind of peaked.' In Seattle’s Queen Anne neighborhood, values declined 8%…
A report from the Review Journal in Nevada. "Las Vegas’ real estate investor boom appears to be over. Investor sales in metro Las Vegas plunged a dramatic 60 percent in the first quarter compared to a year earlier, according to…
A holiday topic starting with the Union Tribune in California. "Over the past decade, the dream of homeownership became more elusive than ever as soaring home prices eroded any headway aspiring San Diego buyers made following the Great Recession. 'It…
A weekend topic starting with Time. "The idea that banking mistakes could plunge the U.S. economy into a recession is familiar—the Great Recession that began in 2007 was caused when banks made risky home loans and then sold to lenders…
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
A report from the Jax Daily Record in Florida. "In St. Johns County, which has been the longtime market leader, the median price fell from $526,500 in January to $510,000 in February. In February 2022, the median price in St.…
A report from the Mountain Democrat in California. "During a recent interview for a listing I made the mistake of assuming the sellers were aware their home was not worth today what it was last summer. My mistake became evident…
It's Friday desk clearing time for this blogger. "Hawaiʻi’s luxury home market experienced a 22% decline in the number of sales last year compared with 2021. 'It’s not quite as doomsday as people think,' Hawaiʻi Life CEO Matt Beall says…
A report from My Northwest in Washington. "Seattle economist Matthew Gardner, the Chief Economist for Windermere Real Estate, told Dave Ross that looking at home prices year-over-year doesn’t tell the whole story. 'To compare, literally this month to this month,…
A report from ABC 15 in Arizona. "'Home prices are now down 8% in Phoenix compared to the 2022 spring peak, which is twice as large as the decline in prices nationally, but still lower than declines in the Bay…