A report from the Review Journal in Nevada. "Las Vegas’ real estate investor boom appears to be over. Investor sales in metro Las Vegas plunged a dramatic 60 percent in the first quarter compared to a year earlier, according to…
A report from the American Statesman in Texas. "The chief appraiser for the Williamson Central Appraisal District told county commissioners this month that the median market value of a home in the county fell about 12% in 2022. Chief Appraiser…
A report from Deseret News on Idaho. "'The sky is not falling,' said TJ Pierce, a real estate agent in Boise. 'Everybody knew it wasn’t going to last. It’s just a matter of how long.' Hop over to a more…
A report from Reuters. "The stock of housing under construction increased 1.3% to a rate of 1,426 million units last month, the highest since February 1974." From Market Watch. "Zillow’s unexpected announcement this week that it’s putting a temporary stop…
It's Friday desk clearing time for this blogger. "'I don't see a crash in prices coming, but I do see that our prices could level out in the coming months,' says Jena Turner, owner of Houston's Found Realty. 'I see…
A weekend topic starting with the Los Angeles Times. "The textbooks say that the securities markets exist to facilitate raising capital so that companies can thrive. In today’s investment world, that notion seems almost quaint. Business news pages and cable…
A weekend topic starting with Mortgage News Daily. "Quontic Bank has expanded its very popular No Ratio program such that the borrower doesn’t put income or job on the application for owner-occupied borrowers. The borrower could have opened a business…
A report from the Herald Tribune in Florida. "A new 5,335-square-foot Casey Key home with a private beach will be auctioned, without reserve, this month. The luxury house on Casey Key was built last year and has never been occupied,…
It's Friday desk clearing time for this blogger. "October brought a degree of reprieve from seemingly relentless price increases for Seattle-area home shoppers, as median prices in King County dipped slightly from September. The Seattle condo market, meanwhile, is 'presenting…
It's Friday desk clearing time for this blogger. "The number of active listings in the Northern Virginia Association of Realtors region at the end of September was down 5.6% from a year ago, but an encouraging sign for potential buyers…