A report from West Hawaii Today. "Realtor Gretchen Osgood, principal broker at Hawaiian Isle Real Estate, said homes that have sold for $1 million are now being sold for $900,000 as sellers reduce their prices to attract buyers. Even though…
A report from Fox Business. "A year ago, business was booming for Touchstone Living Inc. The Nevada builder had a list of 639 qualified buyers who wanted homes in its development about 15 miles north of the Las Vegas Strip.…
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A report from Austin Culture Map in Texas. "In June, the city's median home price reached $615,000, a record for the month of June, but a drop from the May 2022 median of $667,000. The report highlights a 218 percent…
It's Friday desk clearing time for this blogger. "Tacoma, Boise, Sacramento and other cities were listed among those seeing home listing-price declines. Provo and Tacoma saw the largest percentage of dropping prices, with 102 of 108 metros Redfin reviewed seeing…
A report from Market Place. "Lately, Redfin Chief Economist Daryl Fairweather has been using the term 'hibernation' to describe this changing housing market. 'Just in terms of, like, how little activity is happening right now for both buyers and sellers,'…
A report from Market Watch. "Daryl Fairweather — Redfin’s chief economist, who also worked at the Boston Fed says we’re seeing early signs that the housing market is starting to cool, at least in pricey coastal metros. 'Buyers in markets…
A weekend topic starting with KPIX in California. "Though homes across the Bay Area continue to sell for record prices, some real estate experts say the market is beginning to level off. 'I think we're seeing a little bit of…
A report from the LA Daily News in California. "Rampant housing inflation means the federal government will now back almost million-dollar mortgages — including deals in Los Angeles and Orange counties. Note that mortgages made for vacation homes and second…
A report from the Telegraph. "For some American homeowners, one number is the most important indicator of wealth in their life: the Zestimate. When they do not like what they see, things can turn ugly. 'F--- Zillow and their ‘zestimates’.…