A report from the Jamaica Plain Gazette in Massachusetts. "'Inventory is down across the Board,' said BJ Ray of the Boston Home Team of Unlimited Southeby’s International Realty. 'Specifically in JP, single-family listings and sales are down about 20% from…
A report from the Wall Street Journal. "Sheila Smith was set to get a mortgage for about $750,000 to buy an investment property in Sedona, Ariz., earlier this year. The lender, a regional bank, offered a starting interest rate of…
A report from the American Statesman in Texas. "StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder…
A weekend topic starting with Market Watch. "Home prices are falling, but the housing market is still too expensive for most Americans. The median price of a home in the U.S. was about $400,000 — about 5.6 times the real median…
A report from the Orange County Register in California. "Lake Forest will get 144 new townhomes with prices starting under $600,000. Silveroak is Landsea Homes’s latest addition to its 543-home IronRidge community in Portola Hills. Landsea says pricing will start…