A report from the Herald Tribune in Florida. "The 'West of the Trail' neighborhood has been the golden child of Sarasota’s residential real estate market for decades. But there is a change happening, says real estate appraiser Don Saba, who…
A report from the Washington Post. "Federal Reserve Chair Jerome Powell gave a speech a couple of weeks back that showed that financial regulators have learned many lessons from the 2008 financial crisis, but not the most important one, namely:…
A report from the New York Times. "A year ago, many housing markets were in a 'frenzy,' with multiple buyers competing for properties, said Lawrence Yun, chief economist for the Realtors association. But the inventory of homes for sale has…
It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…
A report from the San Francisco Chronicle in California. "Bay Area home prices stalled out for a second straight month in April. 'We are seeing more price reductions, more contingent sales, we are not having the spring we had last…
A report from Market Watch. "Pending home sales fell a seasonally adjusted 1.5% in April and were 2% lower than a year ago, the National Association of Realtors said. The trend is solidly downward. April marked the 16th-straight month of…
A report from Domain News in Australia. "Savvy Sydney buyers can snap up houses in a handful of suburbs for prices last seen in 2015 as the property market continues its slide. Epping’s median house price has fallen to $1.45…
A report from the Orange County Register in California. "Southern California’s home prices boomeranged back in April from a rare price drop in March as lower mortgage rates and an increase in the number of homes for sale lured more…
A report from Marketplace. "It’s never easy to set the price of a home. It gets even trickier in a cooling housing market. Nancy McInerny of Aberdeen, Maryland listed her four-bedroom house for $399,000 in January. Four months and two…
A report from the Review Journal on Nevada. "Las Vegas home prices continued to tap the brakes in March but still grew more than twice as fast as the national average, a new report shows. The downshift is one sign…