A report from KTNV in Nevada. "Homes were selling left and right in the valley as recently as 2021, when the Las Vegas Realtors trade group reported a record 50,000 sales. However, it was very different in 2023. Last year,…
It's Friday desk clearing time for this blogger. "More builders are offering new incentives to keep buyers on the hook in a tough housing market. How about free mortgage payments? That’s what one builder is doing. 'Right now, we’re offering…
A report from Market Watch. "It’s an unwelcome blast from the past — home buyers are facing the most unaffordable housing market since the 1980s, according to a new report. 'Affordability pressure is not coming from interest rates alone, though,'…
A holiday topic starting with the Dallas Morning News in Texas. "In 2021 the city’s office of homeless solutions launched an initiative to house 6,000 individuals, and despite the aggressive plan and $72 million, the office’s director said she doesn’t…
A report from The Street. "Florida's Sarasota is the city with the biggest increase of home listings hitting the market. Between May 2022 and 2023, there's been an 128.1% increase in for-sale properties. The high inventory has to do with…
It's Friday desk clearing time for this blogger. "The local housing market is not 'crashing at all,' said King County Assessor John Wilson. 'But the fact is, it’s finally kind of peaked.' In Seattle’s Queen Anne neighborhood, values declined 8%…
It's Friday desk clearing time for this blogger. "Spring in the Seattle area looks a bit different from usual this year. The median single-family home in King County sold for $875,000 in April, down 12% from a year ago. The…
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 the Telegraph. "Brad Pitt is one of a number of wealthy Californians offloading property in LA in an apparent effort to save millions of dollars in tax. The rush of properties coming to market, and the tax,…
It's Friday desk clearing time for this blogger. "Seattle-area home prices dropped again in March. The median single-family home in King County sold for $840,000 in March, down about 10% from a year earlier, according to the Northwest Multiple Listing…