It's Friday desk clearing time for this blogger. "'Perhaps there could be some recovery taking place, but the last couple of data releases are implying no,' said Lawrence Yun, the NAR’s chief economist. 'Things are slumping down again.'" "The 10-year…
It's Friday desk clearing time for this blogger. "Austin, Phoenix and San Jose have seen home prices fall since the beginning of the year, but those markets were already among the most expensive in the nation. But now price declines…
A report from Deseret News. "Utah’s housing prices are still down compared to last year. Year over year price declines span across all Wasatch Front counties — Salt Lake, Utah, Davis, Tooele and Weber — but the biggest drops were…
A report from Your Observer in Florida. "As the busy season on Longboat Key winds down, so does the demand for properties. The real estate market on the barrier island has slowed down alongside the area's. 'We’re seeing price reductions…
A report from ABC 7. "The feds shut down New York-based Signature Bank to protect investors following the collapse of the Silicon Valley Bank. Signature Bank is a big cryptocurrency lender in New York. On Sunday, the Federal Deposit Insurance…
A weekend topic starting with Business Insider. "Prepare for house prices to slump, unemployment to spike, and the US economy to slip into recession, Kenneth Rogoff has said. The Harvard University economist issued his dire outlook during a Fox Business…
A report from the Post Star in New York. "'I showed a house the minute it came on the market, and I wrote an offer on the hood of the car, that’s how quick,' said agent Barbara Kenison with Coldwell…