A report from The New Daily in Australia. "The traditional December auction slump seems worse than ever this year, with preliminary results showing a combined capital city clearance rate of just 43.1 per cent – the 10th consecutive week where…
A weekend topic starting with The Guardian in the UK. "Few tears will have been shed at recent reports that flats in London’s Centre Point building, where a one-bed goes for a genuinely surreal £1.8m, aren’t shifting. There is a…
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…
Two reports from the Daily Telegraph on Australia. "Sydney’s cooling real estate market is delivering buyers hefty discounts that would have been hard to believe even six months ago. A string of properties across the northern beaches, eastern suburbs and…
A report from News.com.au in Australia. "We’ve all seen the worrying headlines — house prices are falling, with tens of thousands of dollars wiped off the values of homes across the country. In fact, we’ve been in panic mode for…
It's Friday desk clearing time for this blogger. "Both nationally and in the Philadelphia region, the 2018 residential market offered some much-needed relief to home shoppers. In 2019, experts believe, a slowdown of the region's hot market will continue. 'There…
A report from News.com.au in Australia. "A Melbourne property developer is offering what might be the best Black Friday deal going around — up to $100,000 off the price of new apartments. As the housing market cools, developers and agents…
A report from the Herald Sun in Australia. "Melbourne’s long-suffering homebuyers are cashing in as three-quarters of homes sell for less than their initial listing price. The figures revealed in CoreLogic’s latest Property Pulse reflect an average 6 per cent…
It's Friday desk clearing time for this blogger. "Inventory in Lane County, excluding Florence, was up and median prices were down in October, according to the Regional MLS, when compared to earlier this year. The sales median price was $290,000,…
A report from the New Daily in Australia. "More than a year on from the end of the property price boom and home values continue to tumble, auction clearance rates are down, and demand for mortgages has hit a four-year…