It's Friday desk clearing time for this blogger. "A Realtor economist said Friday, Nov. 2, not to believe those 'scary headlines' about 'plunging' home sales and stock prices. Pushing back against claims of a housing market bubble, Lawrence Yun, chief…
A report from the Houston Chronicle in Texas. "Even as mortgage rates climb in the coming years, they are likely to remain historically low. But that won’t matter to many homeowners who might be considering buying new digs. 'If you…
A report from the Seattle Times in Washington. "Earlier this week the news was that the average Seattle-area homebuyer has been successfully able to negotiate a deal at below list price for the first time in four years. But that’s…
A report from ABC News in Australia. "Australian housing prices have continued to slide, with the market facing its sharpest annual decline in six-and-a-half years. This signals 'the weakest macro-housing conditions since February 2012 ... a 0.5 per cent fall…
A report from the Marin Independent Journal in California. "Marin real estate professionals said the slowing pace of sales and corresponding price reductions could offer openings for buyers looking for a foothold in Marin. 'Definitely the number of sales are…
A report from MarketWatch. "Momentum in the housing market has waned enough that it’s starting to worry many observers. David Blitzer, who manages the Case-Shiller report at S&P Dow Jones Indices, told MarketWatch that he thinks the market is at…
A report from the Santa Cruz Sentinel in California. "Bay Area home buyers facing ever-escalating prices are adopting a new strategy — watching and waiting. Bay Area sales volume in September dropped nearly 20 percent, scraping lows not seen in…
A report from the Orange County Register in California. "Southern California’s housing market hit a big pothole in September, with home sales sinking almost 18 percent from the year before, CoreLogic reported. It’s the biggest sales drop in nearly eight…
A report from KOMO News in Washington. "The scene is bleak outside Josef Weiss’ West Seattle townhouse. Three 'for sale' signs line the street, just a block off the water – Weiss’ is one of them. Weiss’ home of six…
A report from the Los Angeles Times in California. "A chill is settling over the once white-hot Southern California housing market. Listings are up. Sales are falling. Price reductions are becoming more common. The latest evidence came Tuesday when CoreLogic…