A report from the World Property Journal. "Seattle, Washington, D.C., Honolulu and San Jose--some of the most expensive real estate markets in the U.S.--are among the cities where luxury home prices have dropped the most. In Seattle, home prices for…
A report from the Bay Area Newsgroup in California. "Foreign buyers have cooled on the U.S. residential home market, dropping investments by more than one-third over the previous year and spending less in expensive California. About one-third of foreign purchases…
A report from the Berkshire Eagle in Massachusetts. "Single- and multifamily home sales showed modest gains over the first half of the year, according to the Berkshire Realtors. South county has a glut of homes for sale in the $1…
A press release from Redfin. "Eleven percent of offers nationwide faced a bidding war in July, down from more than 45 percent a year earlier, according to Redfin. The national bidding war rate hasn't surpassed 15 percent since November 2018,…
It's Friday desk clearing time for this blogger. "People are moving all over the Tall City which is causing a housing market shift. Midland real estate agent Jeaneen Pruitt said Midland real estate is all about supply and demand and…
A report from Forbes. "The Federal Deposit Insurance Corporation (FDIC) warned of potential credit and market risks that market participants should definitely heed. In particular, the FDIC’s 2019 Risk Review Report released yesterday highlighted concerns in the agricultural, commercial real…
A report from Colorado Community Media. "The Denver area’s real estate boom that saw rents and housing prices skyrocket in recent years is slowing down, experts say. Price reductions are becoming more common, Schafer said Jill Schafer, the head of…
It's Friday desk clearing time for this blogger. "Consider a few of these recent headlines from major newspapers around the state: 'Bay Area home prices fall 1.7% in May, biggest year-on-year drop in 7-plus years,' said the San Francisco Chronicle…
It's Friday desk clearing time for this blogger. "Wu Xiaohui was shopping in New York. For buildings. 'He didn’t really care — he’d point out the window and say, ’That one!’ recalls a real estate executive. These days Wu is…
It's Friday desk clearing time for this blogger. "An Upper East Side townhouse that was once home to the late fashion designer Oleg Cassini is now facing foreclosure. The case comes as authorities orchestrate a fire sale of Cassini’s assets.…