A report from the Idaho Press. "The rising prices meant Boise’s relative affordability to outsiders dwindled. 'At some point, though, prices can't increase over 30% per year,' said Julene Webb, Real Estate Consultant with Group One Sotheby’s International Realty. 'That…
A report from the Newark Advocate in Ohio. "In June, the average sale price of a Licking County home was $310,437. In June of 2020, home sales averaged $250,453. Since the average sale price dropped from $310,437 in June, to…
A weekend topic starting with Fox Business. "St. Louis Federal Reserve President James Bullard agrees with Powell that it’s time to start reducing its $120 billion monthly purchases of Treasury and mortgage-backed securities. 'At this point, I'm not sure these…
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 report from the Atlanta Journal Consitution in Georgia. "The metro Atlanta housing market clicked into balance in July: Supply met demand and home prices stopped their rapid rise. About 12,300 homes were listed for sale last month. In the…
A report from the Denver Channel in Colorado. "Denver's red hot housing market is finally beginning to balance out. 'It’s still a seller’s market,' said realtor Joy Dysart. 'We’re not seeing quite as many showings. I would say that the…
A report from KTSP in Minnesota. "The housing market has been red-hot during the pandemic, but it could be cooling off. Existing U.S. homes sales rose 2% in July. For comparison, sales in June jumped about 23% from a year…
A report from Motley Fool. "Redfin said that 'demand for second homes fell 21% year over year in July, the second consecutive month of annual declines in mortgage-purchase locks.'" From Reston Now in Virginia. "Sure, a lot of homes in…
A report from For Construction Pros. "July’s drop in U.S. housing starts outstripped forecast declines as consumer sentiment toward financed purchases faded to the lowest level since 2011. 'There is no question that home building has hit some sort of…
A weekend topic starting with the Star Tribune in Minnesota. "Why does Duluth have a housing shortage if the population is barely growing? 'I don't necessarily accept the narrative that Duluth isn't growing given all the complex factors,' said Noah…