A report from Redfin. "Evidence that the market is cooling down can be seen in price drops. In October 31.3 percent of homes for sale had at least one price drop of more than 1 percent. This is the highest…
A report from CNBC. "There's an oversupply of homes in most housing markets across the country and rising interest rates are making it harder for buyers to make deals, billionaire real estate developer Stephen Ross told CNBC Thursday. That includes…
A report from Forbes. "My first tip-off that winds of change were brewing came from an interview with a New York City real estate agent back in June. Over the phone he told me that home prices were down in…
A report from The Real Deal. "A decade-long apartment boom may be coming to an end. Federal data shows that multifamily building permits have declined every month since March, the Wall Street Journal reported. According to the latest Census Bureau…
A report from the New York Post. "Keith Richards took a hit on this rock star apartment. The wrinkly rock royal and his wife, Patti Hansen, just sold their posh downtown digs for $9 million, according to city property records.…
A report from the Palm Beach Post in Florida. "The economy is firing on all cylinders now, but executives and economists expect a slowdown in 2019 and 2020. The big question: When will the next recession hit? Many economists see…
A report from Bloomberg. "The U.S. housing market has already begun to lose its momentum as rising mortgage rates have cut demand in cities where prices ran too hot for too long, such as Denver, Los Angeles, San Francisco, and…
A report from the New Daily in Australia. "More than a year on from the end of the property price boom and home values continue to tumble, auction clearance rates are down, and demand for mortgages has hit a four-year…
A report from The M Report. "More than three-quarters of Americans say their housing markets are cooling down as well, according to the Q4 2018 Modern Homebuyer Survey, released by ValueInsured. After five straight quarters of a majority of Americans…
A report from Kenneth R. Harney. "For years since the end of the financial crisis, prices in most markets have increased steadily — by single digits annually in most places, double digits in cities like Seattle, San Francisco, Denver and…