A report from Market Place. "The housing market was going gangbusters during the first part of the pandemic. It was a time of all-cash offers and bidding wars. 'People were doing crazy things,' recalled real estate broker Helen Jeong. 'People…
A report from Fortune. "In December 2023, existing home sales slipped 1% from November to a seasonally adjusted annual rate of 3.78 million, according to National Association of Realtors’ data released Friday. From the prior year, the rate of sales…
A report from Vail Daily. "Mark Weinreich, a broker associate with Berkshire Hathaway HomeServices Colorado Properties’ Beaver Creek in the Villa Montane office, notes that for the resort and luxury market, there are more choices. Good properties priced to fair…
A weekend topic starting with Yahoo Finance. "As Wall Street debates the cause of First Republic’s troubles, one analyst blames the nation’s top financial regulators. Fed Chair Jerome Powell and Treasury Secretary Janet Yellen were 'advocates of the strategy called…
A report from DS News. "'I was consistently busy in the fall, but things got really quiet in March after the collapse of Silicon Valley Bank,' said Boise Redfin Real Estate Agent Shauna Pendleton. 'That killed the buyer momentum that…
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
A report from DS News. "'Homebuilders started scores of projects during the pandemic moving frenzy and are now stuck with a bunch of new houses that are hard to sell because mortgage rates have risen to 7%,' said Faith Floyd,…
A weekend topic starting with two reports from ERR. "Estonian construction volumes exceeded pre-crisis levels in the previous quarter with the production value of construction enterprises in Estonia and abroad increasing 15 percent year-on-year. Developers say that as long as…
A report from the Georgia Straight in Canada. "Buyers of expensive homes appear to be getting good bargains. A Vancouver property sold recently at almost $5 million below its first listing price, according to market tracking by fisherly.com. The single-family…