A report from the Associated Press on Florida. "'Prices never go up forever,' said Ana Bozovic, analyst at Analytics Miami. 'The steady ramp up we have had through mid-2022 was neither normal nor sustainable.' Housing prices fell again last month…
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 the Mortgage Research Council. "In July, there were 63,000 agreements for homes that were called off, about 16% of homes that were under contract, according to Redfin. That’s an increase from a revised rate of 15% in…
A report from News 4 Jax in Florida. "Jacksonville-based realtors are seeing some cases where buyers are pulling out of contracts. 'I had a friend of mine who’s also a realtor. He had buyers. They got into a contract and…
A report from Nerd Wallet. "Michelle Doherty, a Realtor in northern Virginia, notices the same thing. Buyers 'hold off, thinking, 'You know what? We'll wait for them to drop [the price].' She prods clients to make offers below asking instead…
A report from NBC Bay Area in California. "Median home prices in San Francisco have fallen by more than $300,000 in three months, Compass reports. Experts said it is tough to buy a home now as prices are likely to…
A report from Bloomberg. "Institutional landlords are canceling contracts and getting more particular about purchases. The tech-powered home flippers known as iBuyers are slashing asking prices to clear inventory. Small-time property hounds are passing on homes they would have bought…
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A report from KVUE in Texas. "As Austin-area housing inventory rises, Realtors are seeing signs of the market cooling off a bit. 'Some sellers are doing more moderate price drops,' said Ian Grossman, Realtor at Douglas Elliman Real Estate. 'Some…