A report from Bankrate. "'California will be a prime target for price declines,' says Lawrence Yun, chief economist at the National Association of Realtors. 'It’s almost assured that expensive areas will go through some price adjustment.' The retreat in home…
A report from Click Orlando in Florida. "A market once saturated by bidding wars is now seeing fewer buyers closing deals. In Orlando, home sales dropped 18.3%, with the Orlando Regional Realtor Association reporting 2,717 homes had been sold in…
A weekend topic starting with the LA Daily News. "Q. Am I wrong to suggest that prices are already falling sharply, we just can’t see it? Wolf: I don’t think falling home prices are widespread yet, but there are absolutely…
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A report from Market Place. "Kai Ryssdal checked in with Vivian Gueler, CFO at Pacific Trust Group, a mortgage lender in Los Angeles. You said then that business for you had 'come to a screeching halt.' And one can only…
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A weekend topic starting with the Dallas Morning News in Texas. "'A lot of builders are very worried right now,' said Phil Crone, executive director of the Dallas Builders Association. 'They pushed all their chips in to try to keep…
It's Friday desk clearing time for this blogger. "Tiffany Todd remembers exactly when the housing market changed. Around May 15, Todd, a real estate agent for TD Realty in Mansfield, put a home on the market in Aubrey and noticed…
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A report from the Denver Post in Colorado. "Long lead times to complete new homes have combined with rapidly rising interest rates, now at 15-year highs, to put metro Denver homebuilders and their customers in a predicament unlike any seen…