A report from the Phoenix Business Journal in Arizona. "As the Valley's housing market continues to cool, home sellers are cutting list prices while various incentives are emerging — signs that the housing market is finally on its way to…
A report from the Everette Daily Herald in Washington. "Active listings in Snohomish County more than doubled in May to 1,182, up from 500 a year ago. Sam Mansour, a broker with John L. Scott Lynnwood, said more sellers put…
A report from Market Place. "Lately, Redfin Chief Economist Daryl Fairweather has been using the term 'hibernation' to describe this changing housing market. 'Just in terms of, like, how little activity is happening right now for both buyers and sellers,'…
A report from BoiseDev in Idaho. "April Florczyk, the founder of 208 Market Real Estate, told BoiseDev that dynamics are shifting – especially in Ada County. 'The average active price is almost $150,000 higher than the sold price,' she said.…
A report from the Mortgage Research Center. "The share of U.S. properties for sale that received competitive offers from buyers in April dropped to the lowest level in more than a year, according to Redfin. 'Higher rates are also limiting…
A report from Yahoo Finance. "The buying frenzy of vacation homes witnessed during the pandemic is largely over, as intensifying home prices rapidly cool demand. Demand for vacation homes tumbled for the second month in a row in March. 'The…
A report from Reuters. "In mid-April Harsh Grewal and his wife settled on a place in a San Francisco suburb and were prepping a bid, above the listed price so they'd have a chance of besting other offers. Then he…
A report from WBTV in North Carolina. "Potential Charlotte-area homebuyer Amelia Serrano is relocating from California with her family and the interest rates are on the top of her mind. 'Now we have to look for homes in a much…
A report from Mortgage Grader. "Why is Freddie Mac throwing out automated appraisals for certain refinances that have seemingly worked well for five years? In June 2017, Freddie introduced refinance appraisal waivers on eligible properties, expanding the program to purchase…
A report from Socket Site in California. "The sale of 765 Market Street#30C has now quietly closed escrow with a contract price of $1.2 million, down 29.4 percent from its 2017 value and an even greater loss when accounting for…