A report from Fortune. "Compass CEO Robert Reffkin told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime in last 10 years. Meanwhile, the market has seen 16%…
A report from the Wall Street Journal on Florida. "Ivan Rodriguez leapt at the chance to buy a unit at the Cricket Club, an exclusive bay-front condominium in North Miami. In 2019, he liquidated his 401(k) retirement account to purchase…
A weekend topic starting with Yahoo Finance. "The short-term rental market has come into focus following Airbnb's latest earnings results highlighting growth opportunities beyond homeowners just listing properties. According to data from AirDNA, the top markets for short-term rentals in…
A report from the News Tribune in Washington. "Median closed sale price for existing homes in Pierce County in July was $541,000, down from June’s $545,000 and $575,000 in July 2022, according to the latest Northwest Multiple Listing Service report.…
A report from Bay City News Service in California. "Bay Area cities have experienced some of the biggest drops in home prices across the country, including Dublin at the top of the list, according to a new study evaluating typical…
A report from KIII TV. "Despite the economic downturn and sky-high inflation, the number of home foreclosures in our area is level, or even slightly lower than past years. Corpus Christi mortgage banker Claudia Mostaghas said people in the Coastal…
It's Friday desk clearing time for this blogger. "Home prices continue to go down in the Boise area. The Intermountain Multiple Listing Service shows the median price of a newly constructed single-family home in Ada County dropped in March to…
A report from the Daily News Record. "Next week, ownership of the nearly 81-acre and still largely vacant site of the planned Summit Crossing subdivision on the north end of town could change hands during a foreclosure sale at a…
It's Friday desk clearing time for this blogger. "Today iBuyers are the ones getting shafted. Laurie Tayrien and her husband bought a home in Phoenix for $485,000 in November. Only five months earlier, Opendoor had purchased it for $646,800. That's…
A report from the Center Square. "'I have to admit, even I am a little shocked at how fast the market decided to change,' said Patrick Muldoon, a realtor in Colorado Springs. 'It is like we had a really hot…