The Real Estate Market is Crashing
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A report from Market Watch. "Prices 'might go down a little bit, but a crash I consider to be a more than 10% decline in home values, and that seems far-fetched right now,' says Daryl Fairweather, chief economist for Redfin."…
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A report from the Associated Press on Florida. "'Prices never go up forever,' said Ana Bozovic, analyst at Analytics Miami. 'The steady ramp up we have had through mid-2022 was neither normal nor sustainable.' Housing prices fell again last month…
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A weekend topic starting with Everything Lubbock in Texas. "Mortgage rates are at a 14-year high, which could delay first-time home buyers, the Lubbock Association of Realtors said. 'What has had an effect on [the housing] market is rising interest…
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It's Friday desk clearing time for this blogger. "'We aren’t crashing; we’re leveling out,' said Becky Enrico-Crum, the president of Boise Regional Realtors. 'We’re just trying to find out what that level price is. That’s what everybody is trying to…
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A report from KIRO in Washington. "Inventory is up, prices are down but buyers are backing out of the Seattle housing market. The Emerald City just scored the top spot on Redfin’s list of fast-cooling real estate markets in the…