A report from the Los Angeles Times in California. "Southern California home sales plunged 12% in November from a year earlier, while prices rose at the slowest pace in three years amid a broad cooling in the housing market." "The…
A report from 5280 on Colorado. "Will 2019 be the year you finally find (and get!) your Denver dream home? The metro-area’s hot housing market has definitely cooled, so much so that in the suburbs, the luxury sector has officially…
A report from Bisnow on California. "Speakers at Bisnow's Silicon Valley Construction & Development Forecast event last week had differing opinions on just how dire the construction cost situation is. 'We're in a unique bubble in the Bay Area' said…
A report from TC Palm in Florida. "The latest data on new home sales nationwide are not encouraging. The Commerce Department reported that new home sales declined 8.9 percent in October on a seasonally adjusted basis, and sales have been falling at…
A report from Realtor.com. "Is the party really over? Over the last decade, the seemingly unstoppable growth of the American housing market has created a bonanza for sellers, a cutthroat environment for buyers, and an endless source of fascination for…
A report from Community Impact on Texas. "An oversupply of apartment units could be in the Katy area’s future. There are about 19,000 apartment units in the Katy area, with another 2,000 or so under construction from five luxury complexes…
A report from the Los Angeles Times in California. "Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to CoreLogic. Last month was the third straight month of…
A report from D Magazine in Texas. "For a while now in Dallas, water cooler or bar-side conversations with new homeowners have sounded the same: the process took forever, their first and second and third choices were snapped up by…
It's Friday desk clearing time for this blogger. "Both nationally and in the Philadelphia region, the 2018 residential market offered some much-needed relief to home shoppers. In 2019, experts believe, a slowdown of the region's hot market will continue. 'There…
A report from Redfin. "Evidence that the market is cooling down can be seen in price drops. In October 31.3 percent of homes for sale had at least one price drop of more than 1 percent. This is the highest…