A report from the Mercury News in California. "Signs of a homebuilding decline are already clear. In San Francisco, for instance, several of the city’s biggest housing developments are reportedly stalled. And in Concord, a 16,000-unit megaproject still in the…
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A report from Mansion Global. "2022 marked the end of a long and prosperous run in San Francisco’s luxury housing market. Patrick Carlisle, chief market analyst in the San Francisco Bay Area at Compass: it’s 'an excellent time for buyers…
It's Friday desk clearing time for this blogger. "In June 2021, when the cryptocurrency markets were soaring, the developers of the Arte condominium in Miami’s Surfside neighborhood announced that a buyer had purchased a penthouse there for $22.5 million in…
A report from The Chronicle in Washington. "From October to November, home prices fell 10.54% in Lewis County, dropping from $427,000 in October to $382,000 in November, compared to a monthly decrease of 3.63% in Pacific County, 5.62% in Cowlitz…
A report from West Hawaii Today. "Realtor Gretchen Osgood, principal broker at Hawaiian Isle Real Estate, said homes that have sold for $1 million are now being sold for $900,000 as sellers reduce their prices to attract buyers. Even though…
A weekend topic starting with WPTV in Florida. "Genide Nazaire has been house hunting for two years. The latest figures show mortgage rates have hit a 20-year high, forcing Nazaire to stay put. 'We have just renewed our lease, which…
A report from the Associated Press on Florida. "'Prices never go up forever,' said Ana Bozovic, analyst at Analytics Miami. 'The steady ramp up we have had through mid-2022 was neither normal nor sustainable.' Housing prices fell again last month…
It's Friday desk clearing time for this blogger. "'Broadly speaking, all real estate valuations are likely to come down in the coming months, since there is little doubt that interest rates will continue to rise, perhaps substantially,' Reveeille Hospitality Chief…
A report from WINK in Florida. "'People are still trying to get the price their neighbor got in maybe March. And they’re not getting it. But they’re still listing it as if that’s the market,' said broker Jason Jakus. 'Where…