A More Striking Reversal Than We Experienced In 2005
A report from the Coeur d’Alene Press in Idaho. "Rocket Homes reported that the median home price in May in Kootenai County was $521,000, down 30.8% from a month ago. The asking price for one Dalton Gardens, five-bedroom, 2,500-square-foot home…
Is the Jacksonville Real Estate Market Shifting?
https://www.youtube.com/watch?v=D2uC3ETuwh0
For A Lot Of Buyers, That’s Where The Rubber Meets The Road
A report from the Aiken Standard in South Carolina. "We're seeing a lot of people that when we come down and say, 'here's your monthly payment,' (they say), 'well, that's just too much,' said Matthew Hunter, branch manager at Assurance…
There Isn’t One Mathematically Correct Answer To ‘What Is Value’
A weekend topic starting with Tech Crunch. "You could hardly blame people looking to sell their startup shares, or those looking to buy them, for feeling unsure about where to meet on price, and that's exactly what's happening right now,…
There Is Panic In The Market
It's Friday desk clearing time for this blogger. "More and more homes in Citrus Heights and the Sacramento region are seeing reductions in prices from original list price. Appraiser Ryan Lundquist says it’s a different market today than just a…
Buyer’s Remorse Kicked In The Minute The Papers Were Signed
A report from WHIO TV in Ohio. "The housing market has seen a significant surge during the pandemic, but now it’s beginning to slow down. Rhonda Chambal, President of Irongate Realtors, said, 'I actually have a brother-in-law who is an…
Buyers Are Saying I’ve Had Enough And Sellers Are Starting To Freak Out
A report from Market Watch. "Daryl Fairweather — Redfin’s chief economist, who also worked at the Boston Fed says we’re seeing early signs that the housing market is starting to cool, at least in pricey coastal metros. 'Buyers in markets…
Now Anger Meets Fear
A report from the News & Observer. "Summer has warmed up in South Carolina, but the same can’t be said for its housing market. To some realtors, the higher interest rates and the higher sales prices themselves have begun to…