A report from the Herald Sun in Australia. "Melbourne’s mansions are bearing the brunt of the property market correction. Sales among the city’s most elite addresses — the top end of Toorak — have come to an 'absolute stop,' according…
A report from CBC News in Canada. "Chris Drinkwalter's newly-renovated condo in southeast Edmonton has been on the market for more than seven months without a single offer. The two-bedroom, two-bathroom property in the Silver Berry neighbourhood, constructed in 2007,…
A report from Globe St. "Economic sentiment is shifting. This year, more and more real estate professionals are predicting a recession in the next 12 months, either in late 2019 or early 2020. Christopher Thornberg of Beacon Economics, however, says…
A report from the Acadiana Advocate in Louisiana. "When Jose and Angie Medina got married in 2007 the 33 lots in the Gideon Grove subdivision outside Youngsville were still mostly empty. But the developer, Roderick Cawthorne, persuaded them the sparse…
It's Friday desk clearing time for this blogger. "Real estate experts say the Nashville housing market is cooling. Entry-level inventory is up a whopping 29.5 percent. Zillow economist Skylar Olsen said, 'One of the other things that's nice and why we know things are…
A report from the Bay Area Newsgroup in California. "Runaway Bay Area housing prices have started stalling in San Mateo and Santa Clara counties, hinting that even well-salaried professionals have had enough. Resale home prices dropped year-over-year in February in…
A report from the Minnesota Post. "In 2018, Minnesota farmers earned, on average, their lowest net farm incomes in decades, according to a report by Minnesota State and the University of Minnesota Extension. Net farm earnings have declined in three…
A report from Florida Weekly. "Home buyers had many more options to choose from in February as housing market inventory increased 7 percent to 7,442 homes in February 2019 compared to 6,912 in February 2018. The Naples Area Board of…
A report from the Union Tribune in California. " February sales were down 8.1 percent compared to the previous year, but that was not as severe as the last few months when sales dropped 10 percent to 22 percent. All…
A report from the Orange County Register in California. "Last month saw Southern California home sales fall 11.7 percent from February 2018 levels, with just 13,466 houses, condos and townhomes changing hands, CoreLogic reported. That’s the smallest sales tally for…