A report from CNBC on New York. "Manhattan real estate sales fell 38% in the first quarter, according to new reports. The big question for brokers, buyers and sellers is where the new 'bottom' will be in Manhattan. The average…
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
It's Friday desk clearing time for this blogger. "Lee Roberts, 74, the retired CEO of Fort Worth-based RadioShack, has put his five-bedroom, 10-bathroom home at 4400 Overton Crest St. up for auction. Roberts and his wife invested $12 million in…
A report from CNBC. "Diana Olick: Mortgage rates moved higher again last week, pushing buyers back to the sidelines just as the spring housing market is supposed to be heating up. Applications to refinance a home loan fell 6% for…
A report from Silicon Valley. "Last year 'just got really bumpy real quick,' said Janine Hunt, an agent with Red Oak Realty in Oakland. 'We knew it was coming. What goes up must come down.' The median price of existing…
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 the New York Post. "'Don’t panic,' said Jacob Channel, a senior economist at LendingTree. 'What you absolutely shouldn’t do in a period like this is panic and think the sky is falling. If you do that, you’re…
A report from WLNS in Michigan. "When it comes to the current housing market, Lansing broker Heather Driscoll said it’s in the process of cooling off. 'It has somewhat evened out I would say,' she said. 'So, we are now…
A weekend topic starting with Sparta Independent on New Jersey. "'It was ticking upward, but in the last 90 days or so, prices have started to flatten out, if not come down slightly,' explained Realty Executives broker and Manager Nicole…
A report from the Center Square. "'I have to admit, even I am a little shocked at how fast the market decided to change,' said Patrick Muldoon, a realtor in Colorado Springs. 'It is like we had a really hot…