A report from the News Tribune in Washington. "Median closed sale price for existing homes in Pierce County in July was $541,000, down from June’s $545,000 and $575,000 in July 2022, according to the latest Northwest Multiple Listing Service report.…
A report from the Wall Street Journal. "Some of the biggest names in commercial real-estate lending have all but turned off the spigot. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real-estate investment trusts,…
A report from Bay City News Service in California. "Bay Area cities have experienced some of the biggest drops in home prices across the country, including Dublin at the top of the list, according to a new study evaluating typical…
A report from the Arizona Republic. "During the second quarter, about 30 Phoenix-area ZIP codes saw home prices fall. In the first quarter, about 75 Phoenix-area ZIP codes posted declines in median home prices, compared with roughly 100 during 2022’s…
A weekend topic starting with the Washington Post. "The first share of $80 million that D.C. officials expect to reap from multistate opioid settlements has landed in District coffers, critical support for stemming an epidemic that claims more lives annually…
It's Friday desk clearing time for this blogger. "A bond rating agency’s downgrade of U.S. government debt roiled markets — and created just one more reason for mortgage rates to stay firmly near their highest level in two decades. 'That…
A report from Deseret News. "Utah’s housing prices are still down compared to last year. Year over year price declines span across all Wasatch Front counties — Salt Lake, Utah, Davis, Tooele and Weber — but the biggest drops were…
A report from the Asheville Citizen Times in North Carolina. "It was the epitome of a hot market: Local buyers so anxious to snap up a house, they wouldn't even bother to haggle with the seller. In fact, they would…
A report from Community Impact in Texas. "The market presents a unique challenge to agents, buyers, sellers, title agents and anyone involved in real estate, said Shelby Buehler, an agent with The Buehler Group in Flower Mound and Lewisville. Buehler…
A report from KOMO-TV in Washington. "According to Redfin, luxury home prices dropped by double digits in several west coast cities. San Francisco saw the biggest loss of more than 12.7% in a year. Seattle is close behind at a…