A report from the Daily Herald in Washington. "'I was putting listings on the market right when the interest rates increased,' said Dafna Shalev, real estate broker in Woodinville. 'The buyers stopped coming. There were no showings. Nothing.' What happened…
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…
A report from CNBC. "'I think over the next quarter or two there will be some price discovery as we match up mortgage payments with pricing,' said Doug Bauer, CEO of Tri Pointe Homes. 'The consumer, really, it was mid-June…
A report from USA Today. "Kristina O'Donnell, a real estate agent in Collegeville, Pennsylvania, said some sellers' asking prices are now falling almost daily. 'Instead of sellers having 30 appointments over a weekend, maybe it's down to about a handful…
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A report from Go Banking Rates. "'Buyer’s remorse and cancellations shortly after contract are increasing. Builders state buyers are nervous about a potential recession, struggling to get comfortable with higher payments, or expecting home prices to decline,' Jody Kahn, senior…
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A report from Vail Daily in Colorado. "Michael Slevin, owner and president of Berkshire Hathaway HomeServices Colorado Properties, said even as rates rise, his firm’s brokers remain busy. 'We’re counseling sellers that the buyer pool may be diminished,' Slevin said.…