Dare One Wish For Housing Price Cuts?
A holiday topic starting with News Corp Australia. "The Block stars Leah and Ash are not going to get a house sale for Christmas, and an update to the home’s listing will come as quite an kick in the teeth.…
A holiday topic starting with News Corp Australia. "The Block stars Leah and Ash are not going to get a house sale for Christmas, and an update to the home’s listing will come as quite an kick in the teeth.…
A report from the Arizona Republic. "Metro Phoenix home sales are slowing, so sellers brace yourselves. 'This is not a good time to test a price higher than market value for your home,' said Tina Tamboer, senior housing analyst with…
A report from the Orange County Register. "Surviving the slowdown was a key theme at the California Association of Realtors conference last week in Anaheim. Helen Jeong’s most prosperous year as a real estate agent occurred in 2020, when five…
A report from Community Impact in Texas. "There is a trend seen between Southwest Austin, Austin and Travis County that holds true for all three—median home prices are down, new listings are down and pending sales are down. Additionally, active…
A report from Business Insider. "New home prices are in a sharp fall as homebuilders are getting rid of their inventory. As of April, builders had 7.6 months worth of new inventory, compared to just 2.9 months worth of existing…
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
A report from the Mountain Democrat in California. "During a recent interview for a listing I made the mistake of assuming the sellers were aware their home was not worth today what it was last summer. My mistake became evident…
A report from Wicked Local. "The Massachusetts residential real estate market is correcting for past excesses. 'The Massachusetts single family market finally hit the wall we’ve all been anticipating,' said Tim Warren, CEO of The Warren Group. 'For the last…
A report from the Seattle Times in Washington. "The result of the slower market for buyers who are still trying to make a deal? They are no longer 'making a faster decision on buying a house than you would [when…
A report from the New Hampshire Business Review. "Sales have been down all year to some extent, but mainly due to shrinking inventory. In the last few months, something else is going on. 'Certainly, interest rates slowed things down,' said…