A weekend topic starting with The Guardian in the UK. "Few tears will have been shed at recent reports that flats in London’s Centre Point building, where a one-bed goes for a genuinely surreal £1.8m, aren’t shifting. There is a…
A report from the San Francisco Chronicle in California. "Despite a surge in inventory and price cuts, the median price paid for a Bay Area home in October was $845,000, up 3.7 percent from September and up 9.3 percent from…
It's Friday desk clearing time for this blogger. "Tim Manickam, a broker at JMA Properties, said sales in some parts of Portland and Seattle were down around 20 percent. 'I think 40-some percent of homes are having price reductions,' said…
Two reports from the Daily Telegraph on Australia. "Sydney’s cooling real estate market is delivering buyers hefty discounts that would have been hard to believe even six months ago. A string of properties across the northern beaches, eastern suburbs and…
A report from Community Impact on Texas. "An oversupply of apartment units could be in the Katy area’s future. There are about 19,000 apartment units in the Katy area, with another 2,000 or so under construction from five luxury complexes…
A report from the Los Angeles Times in California. "Southern California home sales tumbled 7.5% in October from a year earlier, extending a broad slowdown in the housing market, according to CoreLogic. Last month was the third straight month of…
A report from KTBS in Louisiana. "Dallas' once booming house market is slowing down, seeing high-end builders having to drop the prices on their homes-sometimes by as much as $150,000.00. But what does that mean for our current housing market?…
A report from KGW 8 in Oregon. "The Portland real estate market has been sizzling hot for years, but now it seems to be slowing down just a little. Real estate broker Michelle Maida said the market typically slows down…
A report from the Boston Globe in Massachusetts. "There are growing signs that Boston’s red-hot housing market may be cooling off, at least by a few degrees, a moderation that could be good news for would-be buyers. It’s a trend…
A report from MarketPlace. "The shift from a red-hot market has many realtors grappling with a new reality. On Tuesday, Los Angeles agent Hugo Torres was talking with his colleagues about sellers who have unrealistic expectations. 'People think, 'I’m going…