Sitting Unsold For Longer
A report from the Seattle Times in Washington. "A month after the Seattle area was dethroned as the hottest housing market in the country, the local housing market is cooling again — but the outer reaches of the metro area…
An Increase In Price Drops Across The Country
A report from Redfin. "U.S. home-sale prices increased 4.7 percent in August to a median of $300,900, compared to a year ago. The price growth rate has been dropping for six consecutive months and has not been this low since…
Despite All The Hype, Prices Did The Unthinkable
A report from Realtor.com. "After years as one of America's hottest housing markets, California is showing some chinks in its armor. Many overzealous sellers who listed their homes at unrealistically high prices are now being forced to reduce them. The…
Listings On Track To Blow By Recent Totals
A report from the San Francisco Chronicle in California. "If it seems like more 'For Sale' signs are popping up in your neighborhood, you’re not imagining things. In most parts of the Bay Area, more people put their homes on…
The Rapid Deceleration Of Demand
A report from MarketWatch. "Shares of home builders TRI Pointe Group and William Lyon Homes were took a dive Thursday, after Wedbush Securities analyst Jay McCanless cut his ratings, citing the 'rapid' deceleration of demand in the companies’ key markets.…
A Significant Cooling Nationwide
A report from WBUR in Massachusetts. "Rental prices in Greater Boston fell over the last year, according to Zillow. And it was the biggest dip in the region's rents since the company started analyzing the data seven years ago. Zillow…
Sellers Are Going To Have Trouble Getting The Prices
A press release from Redfin. "Signs continue to point toward a changing market that's letting homebuyers be more selective as supply constraints begin to ease in the hottest markets, according to Redfin. As a result, sellers are feeling compelled to…
The Winds Shifted, And We Need To Adjust Our Sails
A report from Go Skagit in Washington. "A slowdown in the Seattle housing market is expected to bring about a similar cooling off for the Skagit County market, according to the North Puget Sound Association of Realtors. The region’s housing…