A report from the Los Angeles Times in California. "Southern California home sales plunged 12% in November from a year earlier, while prices rose at the slowest pace in three years amid a broad cooling in the housing market." "The…
A report from the Berkshire Edge in Massachusetts. "Employment is strong; we can all agree on that—or can we? I suppose it depends on whom you ask. If you ask the average person, they’re going to say yes. If you…
A report from Hamptons.com on New York. "'The housing market continues to soften across the country -- particularly in some of the most expensive areas like the Hamptons and New York City. With so many homes for sale right now,…
A report from 5280 on Colorado. "Will 2019 be the year you finally find (and get!) your Denver dream home? The metro-area’s hot housing market has definitely cooled, so much so that in the suburbs, the luxury sector has officially…
A report from the California used house salespeople. "California home sales remained on a downward trend for the seventh consecutive month in November as prospective buyers continued to wait out the market, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today." "November’s sales…
A report from Bisnow on California. "Speakers at Bisnow's Silicon Valley Construction & Development Forecast event last week had differing opinions on just how dire the construction cost situation is. 'We're in a unique bubble in the Bay Area' said…
It's Friday desk clearing time for this blogger. "It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets. And now, suddenly, they’re not. In Seattle, more than half of homes…
A report from CNBC. "Mortgage applications to purchase a newly built home dropped 11 percent in November, compared to a year ago, according to the Mortgage Bankers Association. This drop is surprising, given the sharp drop in mortgage rates in…
A report from TC Palm in Florida. "The latest data on new home sales nationwide are not encouraging. The Commerce Department reported that new home sales declined 8.9 percent in October on a seasonally adjusted basis, and sales have been falling at…
A report from the Wall Street Journal. "Small-time investors who flooded into real estate in the past decade to take advantage of low borrowing costs and rising home values are starting to cut back." "The number of new home loans…