A report from the Mercury News in California. "Investors bought up just 4% of the homes sold in the San Jose metro area, and 6% in San Francisco and the East Bay last year – about the same level as…
A report from Investor Place. "Opendoor Technologies just released its Q4 financials, including its full-year 2021 results. It is likely to stay down as long as the company keeps digging itself into a hole. The $5.8b billion in home purchases…
A weekend topic starting with the Vancouver Sun in Canada. "'The real-estate development business is very much about market timing,' said Arny Wise, who spent his career planning and developing scores of housing projects in Toronto and Vancouver. 'They want…
A weekend topic starting with the Idaho Press. "The typical price for Idaho starter homes has increased almost 80% since 2019, from around $171,000 to $306,000 as of January 2022. The problem: Homes are where jobs sleep at night, as…
It's Friday desk clearing time for this blogger. "Here are some examples, followed by a breakdown by neighborhood, of recent price cuts on homes, condos, apartments and other Eastside properties. How Low Will They Go? $109k chop on Glassell Park…
A report from Market Watch. "Researchers pointed to Miami as an example for their argument. During the market’s peak in late 2006, buyers there paid nearly $340,000 on average to purchase a home. Only now are many of those buyers…
A report from the Review Journal on Nevada. "The last time Las Vegas had a major housing bubble, things didn’t end well. Here’s hoping it ends differently this time. It’s not fun to think about, but there are many signs…
A report from The Daily News in Washington. "What goes up, must come down — except for the housing market, experts say. Longtime loan officer and Longview native Jon Trussell oversaw the opening of a national mortgage lender branch in…
A report from The Daily Ardmoreite. "The quick sales and higher costs have led broker Marcus Cunningham to notice an interesting new quirk in the market. That is the number of people who back out of purchasing after getting an…
A report from the Oregonian. "The Regional Multiple Listing Service’s January 2022 market action reports show that median sale prices, while still high, have dropped from 2021 peaks everywhere in the region except Clark County in southwest Washington. The average…