A report from Boston.com in Massachusetts. "'With buyers now fewer and farther between than what we saw this spring, it’s a less competitive market and that’s resulted in some softening in prices,' said Jared Wilk, GBAR president. 'In today’s market,…
A report from the Marin Independent Journal. "The median price of a detached home in Marin has declined nearly 7% over the past year. The median figure for last month was $1.65 million, down from $1.77 million in September 2022,…
It's Friday desk clearing time for this blogger. "'In this particular market, the metro Detroit market we’re actually seeing home prices dropping. I’m seeing home prices drop by $10,000 a month,' said broker Maynard Neal." "'Now that we’re entering a…
A weekend topic starting with the Marin Independent in California. "The median price of a detached home in Marin County fell to $1.675 million last month, nearly wiping out the gains for the year, according to the latest county data.…
A report from WINK News in Florida. "Peter Davis, a broker based in Cape Coral, said he noticed a shift in the market this spring. 'Junk doesn’t sell and buyers aren’t willing to overpay for junk right now because the…
A report from the Dallas Business Journal in Texas. "The number of new homes sitting on the market is up significantly. The three-month moving average of active listings in the North Texas Real Estate Information Systems jumped from 933 in…
A report from the Post and Courier in South Carolina. "Put up a 'For Sale' sign, and wait for the cash to roll in. In a real estate market as hot as Greenville, where there’s precious little inventory and many…
A report from the Tribeca Tribune in New York. "The Downtown Alliance has put numbers to what we see around us: the pandemic’s heavy commercial toll on Lower Manhattan. The Alliance provides data behind a year of reversals to Downtown…
A report from Bloomberg. "U.S. household debt rose slightly in the third quarter, reaching the highest level ever. Total debt increased 0.6% to $14.35 trillion from $14.27 trillion in the second quarter, the Federal Reserve Bank of New York said…
A report from the Wall Street Journal on China. "Financial stress at an upmarket developer is rattling Chinese families who paid big deposits for unbuilt homes—showing the risks in presales, one of the sector’s favorite funding tools in China. Problems…