A report from the Mercury News in California. "Bay Area home sales ground down in October, with seasonal slowing and further indications that buyers are taking a wait-and-see approach before plunging into a record-setting market. CoreLogic analyst Andrew LePage said…
It's Friday desk clearing time for this blogger. "Tim Manickam, a broker at JMA Properties, said sales in some parts of Portland and Seattle were down around 20 percent. 'I think 40-some percent of homes are having price reductions,' said…
A report from KTBS in Louisiana. "Dallas' once booming house market is slowing down, seeing high-end builders having to drop the prices on their homes-sometimes by as much as $150,000.00. But what does that mean for our current housing market?…
A report from KGW 8 in Oregon. "The Portland real estate market has been sizzling hot for years, but now it seems to be slowing down just a little. Real estate broker Michelle Maida said the market typically slows down…
A report from the Seattle Times in Washington. "It was just this spring when Greater Seattle led the nation in home-price increases. Now, prices here are falling faster than anywhere. Prices haven’t fallen this fast since 2011, when the market…
A report from Mansion Global. "The gap between homes’ listing prices and sales prices is widening in a number of markets. The California Association of Realtors, for instance, found that the state’s sales-to-list-price ratio hit its lowest point in 20…
A report from Bloomberg. "Ram Konara, a real estate broker in suburban Dallas, is raking in freebies this year: trips to Lake Tahoe and Santa Barbara in California, Cabo San Lucas in Mexico, and a dude ranch in Wyoming. The…
A report from Redfin. "Evidence that the market is cooling down can be seen in price drops. In October 31.3 percent of homes for sale had at least one price drop of more than 1 percent. This is the highest…
A report from Forbes. "My first tip-off that winds of change were brewing came from an interview with a New York City real estate agent back in June. Over the phone he told me that home prices were down in…
A report from The Real Deal. "A decade-long apartment boom may be coming to an end. Federal data shows that multifamily building permits have declined every month since March, the Wall Street Journal reported. According to the latest Census Bureau…