A report from Community Impact in Texas. "There is a trend seen between Southwest Austin, Austin and Travis County that holds true for all three—median home prices are down, new listings are down and pending sales are down. Additionally, active…
A report from Bloomberg. "Worsening conditions in the U.S. mortgage-backed securities market are doing little to ease fears over financial contagion. Demand for home purchases and refinancing continued to take a hit last month, as U.S. mortgage rates increased to their…
A report from Business Insider. "Realtor.com has re-examined its previous housing market predictions for this year and pointed them in the opposite direction. 'We made a bold call that home prices wouldn't go down in 2023, and with the latest…
A report from the Seattle Times. "The cooling housing market is stripping more equity from homeowners in Washington than in any other state in the country. On average over the last year, Washington homeowners lost about $74,300 in equity, a…
A weekend topic starting with Bisnow South Florida. "Short term rentals have proliferated across Miami as developers race to meet demand that surged during the pandemic. At least 4,312 short-term rental units across 12 projects have been proposed or started…
It's Friday desk clearing time for this blogger. "U.S. existing-home prices posted their biggest year-over-year decline in more than 11 years last month. The national median existing-home price fell 3.1% in May from a year earlier to $396,100, the largest…
A report from the Dallas Morning News in Texas. "The median Plano home sale price dropped from $540,000 in March 2022 to $500,000 in March 2023, a 7% decrease in line with neighboring Collin County cities. Median home prices for…
A report from the Dallas Business Journal in Texas. "Homes in Dallas-Fort Worth are selling far more slowly and for lower prices than they were a year ago, according to Re/Max. The median home sale prices in DFW was down…
A report from the Pueblo Chieftain in Colorado. "Pueblo’s real estate market experienced another rough month in May. The median sales price now hovers around $300,000, which dropped nearly 12% this May when compared with last year and 'is down…
A report from Yahoo Finance. "Rental landlords may have to brace for impact. 'We're going to deliver more supply than what we can realistically absorb,' Carl Whitaker, director of research at RealPage told Yahoo Finance. The pressure will come during…