A report from the Sacramento Bee in California. "Home shoppers were feeling beat up this spring, often finding themselves vying with up to a dozen other buyers for limited homes amid soaring prices. That frenzy, for now, is over." "Sacramento’s…
It's an international desk clearing post. "Brad Henderson, CEO of Sotheby’s, said recovery in Calgary’s top-tier real estate market has remained unsettled, in parallel to the city’s economic progress. In recent months, industry and consumer confidence have faltered in light…
The first of two Friday desk clearing posts starting with the US. "Local housing industry experts said the red-hot Colorado Springs real estate market is finally cooling off after several years of record sales and construction. Last week, the website…
A report from Real Estate Weekly on New York. "As the super luxury market continues to stagnate, developers are looking to shift towards smaller-scale projects and cheaper areas. While superluxury was a major discussion point several years ago, The Marketing…
A report from the South China Morning Post on Hong Kong. "Fears of a drop in home prices are growing in the world’s least affordable housing market as at least five homes were unloaded at discounts of up to 16…
A report from CNBC on California. "The San Francisco Bay Area home sales numbers are in for August, and they continue to weaken. Total sales for the Bay Area fell nearly 10 percent compared with August 2017, according to CoreLogic.…
A report from the Seattle Times in Washington. "Seattle’s housing builders are starting to party like it’s 2005: That’s right, condos are back. Developers who spent the past several years building just about everything except condos are pivoting back to…
A report from Crain's Chicago Business in Illinois. "Widespread price-cutting has been going on since early July in the Chicago area, a sign that sellers are responding to 'unmotivated' buyers, a Chicago broker said. Of the nine Chicago homes real…
A report from the Orange County Register in California. "Southern California home sales hit a four-year low this past summer as rising costs and a lack of affordable homes cut into home shopper’s buying power, real estate data firm CoreLogic…
A report from the Aspen Times in Colorado. "After owning a West End property for more than a decade, the city of Aspen is ready to unload a house that has served as a multimillion-dollar rental unit. The city put…