A report from Go Banking Rates. "The Florida cities on this list are showing alarming signs that could be pointing toward a housing crisis. Pembroke Pines, Florida: % of homes for sale that have been foreclosed: 74.47%. Hollywood, Florida: %…
A report from ABC 10 in California. "'Even worse than 2007,' said Ryan Lundquist, a Sacramento-based appraiser and housing analyst. 'And that sounds so dramatic, but it's true, because what we're seeing is some buyers have disappeared from the market.'…
A report from The Hill. "A series of layoffs at America’s major technology companies could put pressure on local housing markets. San Jose and San Francisco are among five U.S. metros that have already experienced year-over-year price declines. Prices fell…
A report from Mansion Global. "As the market shifts, home buyers are getting bolder. 'My advice now is to ask for everything,' said Ben Stern, managing broker of Buyers Edge Co.’s Dupont Circle office in Washington, D.C. 'In less-competitive neighborhoods…
It's Friday desk clearing time for this blogger. "'What we did during the pandemic, that wasn't sustainable. That was an anomaly. That was not what's normal,' said Realtor Stephanie Grable. 'Right now the bidding wars don't exist.' The median home…
A report from the Union Tribune in California. "San Diego County's home price has now dropped five months in a row. The median home price was $775,000 in October, said CoreLogic on Tuesday. It reached an all-time high of $850,000…
A weekend topic starting with Business Insider. "'This is a welcomed refresher to catch up on things and regroup, but there is a fearful tinge to the air as the market is shifting,' realtor Abbey Pontius said to the Colorado…
A weekend topic starting withe the Washington Post. "When the Federal Reserve raised interest rates yet again this week, the central bank’s case for how it would tackle inflation without causing a recession boiled down to: It’s unclear. What are…
It's Friday desk clearing time for this blogger. "Austin Texas, home-builder Leonard Bullard said he’s reluctant to cut prices more than 10% on a $5 million house. 'We at least need to break even, right?' he said. 'Otherwise, we’re paying…
A report from the Washington Post. "When Larry Frum listed his townhouse in Laurel, Md., this past August, his real estate agent assured him it would sell in three or four days. But that’s not what happened. 'Three to four…