A report from the Seattle Times in Washington. "For years, the dreaded bidding war was a depressing rite of passage for anyone entering the Seattle-area real-estate market. But with the market turning, those days are gone. The number of buyers…
A report from Staten Island Live in New York. "After more than three years of a strong seller’s market, Staten Island’s residential real estate is now favoring home buyers, Realtors say. 'Real estate always works in cycles. The seller’s market…
A report from the Los Angeles Times in California. "Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to CoreLogic. Last month was the third straight month of…
A report from MarketPlace. "The shift from a red-hot market has many realtors grappling with a new reality. On Tuesday, Los Angeles agent Hugo Torres was talking with his colleagues about sellers who have unrealistic expectations. 'People think, 'I’m going…
A report from the Orange County Register in California. "When 2018 started, the housing buzz was 'where’s the supply?' Now with the year almost complete, the industry now wonders 'where did all the buyers go?' Ponder that in housing-starved Southern…
A report from Mansion Global. "The gap between homes’ listing prices and sales prices is widening in a number of markets. The California Association of Realtors, for instance, found that the state’s sales-to-list-price ratio hit its lowest point in 20…
A report from The M Report. "The U.S. Census Bureau and the U.S. Department of Housing and Urban Development released their monthly residential construction report for October on Tuesday, revealing a downward slide in building permits, housing starts, and housing…
A report from the New York Post. "Keith Richards took a hit on this rock star apartment. The wrinkly rock royal and his wife, Patti Hansen, just sold their posh downtown digs for $9 million, according to city property records.…
A report from Bloomberg. "The U.S. housing market has already begun to lose its momentum as rising mortgage rates have cut demand in cities where prices ran too hot for too long, such as Denver, Los Angeles, San Francisco, and…
A report from the Sacramento Bee in California. "The Sacramento real estate market has officially softened. Buyers are choosy, seemingly picking well-kept and well-priced homes in desirable neighborhoods, and taking a pass on homes that come in over-priced or in…