A report from Yahoo Finance. "Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand. New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283…
A weekend topic starting with Deseret News in Utah. "These days, just about anywhere along the Wasatch Front you can find workers building houses, pounding nails into wood-framed structures, installing sheet rock or putting finishing touches on homes designed to…
A report from ABC News. "Sky-high mortgage rates have helped slam the brakes on the housing market, recent data shows. The home resale market, meanwhile, slowed in July to its lowest rate since 2010, National Association of Realtors data showed…
A report from the Journal Star in Illinois. "While the Peoria housing market is definitely still competitive, it’s not as bad as it was just last year, said Peoria real estate agent Nick Schauble. 'The market has really cooled off.…
A report from The Hill. "SmartAsset analyzed the 100 largest metro areas in the U.S. In Boise, nearly twice as many homes are being listed than sold, and the median number of days a house sits on the market is…
It's Friday desk clearing time for this blogger. "The Austin housing market is starting to look a lot more like 2019. For the past three years, multiple offers, bidding wars and all-cash deals became the norm in Central Texas. Now,…
A report from Community Impact in Texas. "There is a trend seen between Southwest Austin, Austin and Travis County that holds true for all three—median home prices are down, new listings are down and pending sales are down. Additionally, active…
A report from the Dallas Morning News in Texas. "The median Plano home sale price dropped from $540,000 in March 2022 to $500,000 in March 2023, a 7% decrease in line with neighboring Collin County cities. Median home prices for…
A report from the Pueblo Chieftain in Colorado. "Pueblo’s real estate market experienced another rough month in May. The median sales price now hovers around $300,000, which dropped nearly 12% this May when compared with last year and 'is down…
A report from Yahoo Finance. "Rental landlords may have to brace for impact. 'We're going to deliver more supply than what we can realistically absorb,' Carl Whitaker, director of research at RealPage told Yahoo Finance. The pressure will come during…