It's Friday desk clearing time for this blogger. "The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly…
A report from Fox Business. "Home listings were up by 13% year over year at the end of February, according to Redfin. This is the largest increase in three years. 'House hunters are out there, and competition picks up every…
A report from the Arizona Republic. "The number of February 2023 home sales in metro Phoenix was about 100 higher than February 2024, and the median price was about $28,000 less. 'If you found February’s sales volume numbers disappointing, you’re…
A report from Vail Daily in Colorado. "If Eagle County’s 2023 real estate dollar volume had immediately followed 2019, it would have been a new record. Instead, it represents a significant drop from the pandemic years. Meanwhile, the number of…
A report from Realtor.com. "The official arrival of spring has also ushered in a pop of positive news for housing: A whopping 17.8% more sellers listed their homes in the week ending March 16 compared with last year. 'This is…
A report from the Daily Mail. "After two years of rapid price growth, it appears Austin's housing bubble is finally about to burst. Properties in the Texan city are typically selling for $525,750 having declined almost $150,000 from their peak…
A report from Market Place. "The housing market was going gangbusters during the first part of the pandemic. It was a time of all-cash offers and bidding wars. 'People were doing crazy things,' recalled real estate broker Helen Jeong. 'People…
It's Friday desk clearing time for this blogger. "Florida condo owners are stuck in a rut as prices drop and mounting insurance rates and condo fees are scaring away buyers. It’s led to more condos sitting on the market for…
A report from the Ventura County Star in California. "When developer Shangri-La Industries stopped paying its bills and stopped its state-funded work turning motels in Thousand Oaks and other cities into housing for the homeless, one of the big unanswered…
A report from Newsweek. "Completed new-home construction soared in February, the Commerce Department said on Tuesday. Privately owned housing completions skyrocketed by nearly 20 percent last month compared to January and were up about 10 percent from a year ago…