A report from the East Valley Tribune in Arizona. "Butch Leiber, president of Phoenix REALTORS' board of directors, said inventory in Chandler this summer climbed by 500 homes from July to August. Listings Valley-wide were around 7,100 last month, the…
A report from Yahoo Finance. "The last bastion of the housing market faltered last month. Sales of newly built homes decreased 8.7% to a seasonally adjusted rate of 675,000 units last month from the revised July rate of 739,000, according…
A report from the Orange County Register. "Surviving the slowdown was a key theme at the California Association of Realtors conference last week in Anaheim. Helen Jeong’s most prosperous year as a real estate agent occurred in 2020, when five…
A report from the Jamaica Plain Gazette in Massachusetts. "'Inventory is down across the Board,' said BJ Ray of the Boston Home Team of Unlimited Southeby’s International Realty. 'Specifically in JP, single-family listings and sales are down about 20% from…
A weekend topic starting with KTVZ. "Gov. Tina Kotek has pulled $2.7 million of the $18.2 million in emergency homeless response funds directed to Multnomah County and redistributed them to six other counties, including three in Central Oregon, due to…
A weekend topic starting with Business Insider. "Investor Bill Gross warned of more pain for bond investors as US fixed-income assets head for an unprecedented three-year slump. 'The government first threw money out of a helicopter and almost all of…
It's Friday desk clearing time for this blogger. "'Perhaps there could be some recovery taking place, but the last couple of data releases are implying no,' said Lawrence Yun, the NAR’s chief economist. 'Things are slumping down again.'" "The 10-year…
A report from KSNV in Nevada. "Housing analysts are starting to see a foreclosure uptick once again, and unfortunately, Las Vegas is at the tip of that financial spear. Veteran real estate broker Kristen Riffle says she's seeing it. 'People…
A report from Yahoo Finance. "Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand. New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283…
A report from the Motley Fool. "When my friend Jane (not her real name) and her husband set out to buy a home five years ago, they weren't dealing with the same challenging housing market conditions buyers are grappling with…