A report from KGW 8 on Oregon. "For the first time in seven years Portland home prices have gone down, according to new numbers from Regional Multiple Listing Service. The apartment building boom has left many units vacant across the…
A weekend topic starting with RE Business Online. "The multifamily sector is like the Energizer Bunny, says Jamie Woodwell, vice president of commercial and multifamily research for the Mortgage Bankers Association (MBA). Although 600,000 units are currently under construction nationally…
A report from the Sacramento Bee in California. "Sacramento County total home sales fell 22.5 percent year-over-year in December, the lowest for the month since 2007. In the four-county region, the largest decline in the year-over-year median sales price for…
A report from the Mercury News in California. "In another sign that the Bay Area housing market is cooling, the number of homes for sale here has spiked — signaling more options for buyers, and potentially lower prices. There were 43 percent…
A report from KIRO in Washington. "A recent report from the Northwest Multiple Listing Service indicates that home prices in King County decreased year-over-year for the first time in seven years to start 2019. 'Is it normal? posited Windermere Real…
It's Friday desk clearing time for this blogger. "The median price per square foot in all but three of the 16 price groupings in Asheville was higher in 2018 than in 2017, per Mosaic. It ranges between $105 a square…
A report from the Wall Street Journal. "A strong economy helped lift commercial real-estate sales to near-record levels last year, and many investors are counting on low interest rates to keep sales going in 2019. Now the Federal Reserve’s announcement…
A report from Mansion Global. "With a slowdown anticipated for luxury real estate markets in 2019, it’s possible that home flipping, too, could begin to taper off. ' Buyers and sellers are adjusting their expectations,' said Javier Vivas, director of…
A report from the Union Tribune in California. "San Diego County’s median home price ended the year at $550,000, one of its lowest points of 2018, CoreLogic reported. The median price for a resale home was $595,000, dipping from the…
A report from the Times of San Diego on California. "San Diego home prices fell in November for the fourth consecutive month, according to the authoritative Case-Shiller report. Other West Coast cities, including Los Angeles, Portland, San Francisco and Seattle,…