Unsustainable And Illusory
A report from the San Diego Business Journal in California. "People in the market for a new home are starting to get a break as the San Diego County real estate market cooled down a bit in August and early…
A report from the San Diego Business Journal in California. "People in the market for a new home are starting to get a break as the San Diego County real estate market cooled down a bit in August and early…
A report from KCCI on Iowa. "Ted Weaver, the president of the Des Moines Area Association of Realtors, tells KCCI the housing market is starting to stabilize. Weaver said if someone is selling right now, the price has to be…
A report from WKRN in Tennessee. "'The Hermitage market inventory has doubled in the past 12 months,' Bobby Hill with Crye-Leike Realtors said. 'What we’re seeing right now is push back in our marketplace from the buyer base toward sellers…
It's Friday desk clearing time for this blogger. "Have Northern Virginia home sellers missed the sweet spot? The D.C. region’s red-hot housing market has begun to show signs of fatigue, and in Northern Virginia the market softened in August. 'Overall…
A report from the Newark Advocate in Ohio. "In June, the average sale price of a Licking County home was $310,437. In June of 2020, home sales averaged $250,453. Since the average sale price dropped from $310,437 in June, to…
A report from KTSP in Minnesota. "The housing market has been red-hot during the pandemic, but it could be cooling off. Existing U.S. homes sales rose 2% in July. For comparison, sales in June jumped about 23% from a year…
A weekend topic starting with the New York Times. "'It’s making me nervous that you’ve got this incipient housing bubble, with anecdotal reports backed up by a lot of the data,' James Bullard, the president of the Federal Reserve Bank…
It's Friday desk clearing time for this blogger. "The red-hot Houston housing market, which experienced a record-breaking run starting in the second half of 2020, has begun to cool, according to the Houston Association of Realtors. The volume of home…
A report from Spectrum News on Massachusetts. "While a monthly payment for the typical home is still more than $100 higher this week than a year ago, George Bosnakis, executive vice president at Drew Mortgage in Shrewsbury, says low interest…
A report from CNN Business. "Buying a home of her own became a priority for Kelly Robinson during the pandemic, as she began to feel cramped in her Indianapolis apartment.Robinson set a budget for $250,000. But in her market --…