A report from the Fort Myers News Press in Florida. "In a nutshell: 'The peak insanity is over,' said Denny Grimes, president of his team at Keller Williams Realty. That's bad news for sellers. 'We are starting to see prices…
A weekend topic starting with Bloomberg. "Disgruntled China Evergrande Group customers staged a protest in Guangzhou demanding that the cash-strapped developer restart stalled construction work and urging the local government to intervene. More than 100 home buyers in white T-shirts…
It's Friday desk clearing time for this blogger. "The September Realtor.com report stated: 'August [2021] housing data shows early signs of sellers beginning to compete for buyers … As inventory and new listings continued to improve in August, the rate…
A report from the Idaho Statesman. "It may be a relief to hopeful home buyers to see local median home prices fall for the first time in more than a year. 'There’s a psychology behind it,' said Jennifer Louis, a…
A report from Fortune. "So why is inventory rising now? 'There’s a mentality among some sellers that if they don’t sell now, they’ll miss their opportunity to get top dollar,' said Ali Wolf, chief economist at Zonda." From ROI New…
A report from the Buffalo News in New York. "The median sales price in the Buffalo Niagara area has topped $200,000 for three straight months – the first time that has ever happened – and hit a record $225,000 in…
A holiday topic starting with VOA News. "In the latest sign that corporate debt levels in China pose a threat to the broader economy, Chinese regulators on Friday were forced to halt trading in bonds issued by Evergrande, the country’s…
A report from the Wichita Eagle in Kansas. "A new study identifies Wichita as one of the most rapidly cooling housing markets in the country. The median listing price for a Wichita home actually fell by 7.28% from summer 2020…
A weekend topic starting with GM Today in Wisconsin. "While prices and competition amongst buyers are still being driven by the low-supply, high demand market, the intensity of that competition is starting to ebb just a bit, at least across…
It's Friday desk clearing time for this blogger. "'This continued demand for homes is enticing more homeowners to sell in order to avoid the fear of missing out on historically high prices,' said Redfin Chief Economist Daryl Fairweather. Redfin reported…