It's Friday desk clearing time for this blogger. "Home sales in the Charlotte metro area plunged in September, compared to a year ago. Buyers could soon see relief as the Charlotte area housing market moves to a more equal footing…
A report from The Real Deal on New York. "Penthouse listings — despite their catchet — aren’t immune to the new development glut. The new batch is adding to those that have been lingering — and are now asking lower…
A report from the Seattle Times in Washington. "If you read my colleague Mike Rosenberg, you already know that segments of the Seattle real-estate market are slowing. We have an apartment glut thanks to heavy investment in multifamily housing coming…
A report from the Orange County Register in California. "Unaffordable home prices coupled with rising mortgage rates are expected to create 'a weaker housing market in 2019,' according to a statewide real estate industry group. A forecast by the California…
A report from the Nashville Ledger in Tennessee. "'I don’t want to appear desperate' is how sellers often respond when their listing agent tells them their house is not selling because the price is too high. Here’s what buyers really…
A report from Cory Doctorow on New York. "New York real estate is valuable because of the people who want to live there because of the vibrancy of the city -- but as the city is choked off from real…
A report from the Epoch Times. "China, for several years, has experienced higher real-estate sales in early October, earning the period the nickname 'Golden Week.' This year, however, the market has fared poorly, with developers doling out properties for steep…
A report from Bloomberg on Washington. "The housing market in Seattle can't seem to make up its mind. For years, the story behind the real-estate market here was this: Californians looking for cheaper property would migrate north and push up…
A report from The Plains Dealer in Ohio. "JPMorgan Chase has continued to cut jobs nationwide in mortgage lending, eliminating 400 jobs last week, including at least 20 in downtown Cleveland. The nationwide cuts, first reported by the Wall Street…
A report from Bloomberg on Hong Kong. "Banks in Hong Kong are aggressively cutting property valuations as the city’s housing market weakens, threatening to fuel a downward spiral in prices, according to brokerage CLSA Ltd. 'The banks’ assessment is often…