There Is A Bubble To Burst
A report from Fox 13 in Utah. "Matthew Clewett bought his first home in Kaysville back in 2021. Since May, the board says those prices have dropped 22 percent. 'It was an offer that I actually had to pay above…
A report from Fox 13 in Utah. "Matthew Clewett bought his first home in Kaysville back in 2021. Since May, the board says those prices have dropped 22 percent. 'It was an offer that I actually had to pay above…
A report from the Daily News Record. "Next week, ownership of the nearly 81-acre and still largely vacant site of the planned Summit Crossing subdivision on the north end of town could change hands during a foreclosure sale at a…
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
A report from the Marin Independent Journal. "Beth Brody, a Compass agent in Mill Valley, is bullish about 2023 after a year in which the median home price in Marin plunged about 30%. The apex was $2.12 million in April.…
It's Friday desk clearing time for this blogger. "Today iBuyers are the ones getting shafted. Laurie Tayrien and her husband bought a home in Phoenix for $485,000 in November. Only five months earlier, Opendoor had purchased it for $646,800. That's…
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A report from Realtor.com. "According to Realtor.com®’s December housing data, the housing market continued to cool, with inventory and time on market increasing and listing price growth dropping below 10% for the first time in a year. There were 54.7%…
A report from Market Watch. "'A few markets may see double-digit price drops, especially some of the more expensive parts of the country which have also seen weaker employment and higher instances of residents moving to other areas,' said Lawrence…
A report from My Northwest in Washington. "Seattle economist Matthew Gardner, the Chief Economist for Windermere Real Estate, told Dave Ross that looking at home prices year-over-year doesn’t tell the whole story. 'To compare, literally this month to this month,…
A report from 425 Business in Washington. "Snohomish County saw its median sales price settle at $645,000 last month, down 6.1 percent from a year ago, and also down from December, when the median was $679,000. Looking at single-family homes…