A report from USA Today. "Homes sold below their list price at the peak of the housing season, Redfin reports. 'It means that the housing market is starting to move to the buyer’s favor,' said Daryl Fairweather, chief economist at…
It's Friday desk clearing time for this blogger. "Mortgage rates again rose to nearly 7%, a key psychological threshold that threatens the housing revival that many had hoped for this year. Catherine Hicks purchased a three-bedroom home in St. Petersburg,…
A report from ABC Action News. "A report from the Florida Realtors shows that the slowing condo market is bringing down prices. Barbara Schmal is a Tampa Bay area broker associate who says condos are increasingly becoming harder to sell.…
A holiday topic starting with the Herald Tribune in Florida. "After back-to-back double-digit yearly growth coming out of the pandemic, real estate prices in Sarasota-Manatee will round out the year mostly flat. Robert Goldman, a local Realtor with Michael Saunders…
It's Friday desk clearing time for this blogger. "More builders are offering new incentives to keep buyers on the hook in a tough housing market. How about free mortgage payments? That’s what one builder is doing. 'Right now, we’re offering…
A report from the Marina Times in California. "In San Francisco 251 homes were sold in September, down 23 percent from the previous year. Homeowners are reluctant to sell their homes now because of the cost of securing a replacement…
A report from KELO. "Building permits issued in South Dakota in the second quarter of 2023 were down 37% from the previous year, said Aaron Scholl, assistant professor of economics at Northern State University in Aberdeen. That’s more than twice…
A report from KTVB. "The median home prices in Ada and Canyon Counties are down almost 11 percent compared to last year. That's according to the Intermountain MLS. So, I guess it's time to panic? As fun as that would…
A report from Bloomberg. "Zillow, which acquired more than 3,800 homes in the second quarter, will stop pursuing new home purchases as it works through a backlog of properties already in its pipeline. 'We are beyond operational capacity in our…