It's Friday desk clearing time for this blogger. "Austin Board of Realtors latest data shows the median price of a home is about 466-thousand dollars, a significant drop from the price a year ago – 521-thousand dollars. 'Buyers have gotten…
A report from the Marin Independent Journal in California. "The median price for a detached home in Marin County wobbled to $1.7 million last month, about the same level it was six months ago and about 20% lower than the…
A report from Business of Homes on California. "It’s been a gloomy few months in Silicon Valley. In the first quarter of the year, nearly every major tech company has had mass layoffs. Local architect Megan Blaine had two projects…
A report from the San Francisco Chronicle in California. "After skyrocketing during the pandemic, home prices in San Francisco have been declining in recent months at faster rates than in other parts of the state and country. Typical home values…
A report from Reuters. "Shares of U.S. regional banks fell premarket on Thursday, hurt by a 37% slump in PacWest Bancorp after its announcement about exploring strategic options including a potential sale or capital raising, after a liquidity boost announced…
A report from KIII TV. "Despite the economic downturn and sky-high inflation, the number of home foreclosures in our area is level, or even slightly lower than past years. Corpus Christi mortgage banker Claudia Mostaghas said people in the Coastal…
A report from Go Banking Rates. "What goes up must come down. The market’s downward shift is most apparent in the properties on the high side of the median. According to Redfin, luxury home sales fell by a record 45%…
A weekend topic starting with Yahoo Finance. "As Wall Street debates the cause of First Republic’s troubles, one analyst blames the nation’s top financial regulators. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen were 'advocates of the strategy called…
A report from Deseret News. "More than a month after the failure of the Silicon Valley Bank, Moody’s Investors Service downgraded 11 investors. Moody’s research released on Friday suggests that the industry is experiencing greater instability from several bank failures…
A report from CBS Bay Area in California. "Oakland is one of the last cities in the Bay Area hanging on to its eviction moratorium. Many mom-and-pop landlords claim their tenants are taking advantage of the policy, leaving them at…