What's your end of the year housing bubble predictions? Six months ago: "More housing supply comes on the market. Boomers realize they are broke and need that influx of cash, but prices will stay the same or dip slightly. Not…
A report from the Seattle Times in Washington. "After having the hottest housing market in the country for two years, Seattle home sales have cooled. This is annoying news for people who paid way over the asking price for their…
A report from the Santa Cruz Sentinel in California. "Single-family home sales in Santa Cruz County dropped in November — from 183 a year ago to 134 — and the median price, the midpoint of what sold, was $911,250, according…
A report from The Herald in Washington. "For the 23 Washington counties that the listing service tracks, inventory rose to 15,830 in November, compared to 11,193 a year earlier. Say the words 'housing bubble' and George Moorhead, owner of Bentley…
A report from the Mercury News in California. "The median sale price for an existing house, excluding condos, in Santa Clara County was $1.15 million in November, down 2 percent from $1.175 million at the same time last year, according…
A report from the Denver Post in Colorado. "In the second half of this year, the housing market here and in other cities has cooled, with sales slumping and the inventory of unsold homes rising. And while annual price gains…
A report from Star Vancouver in Canada. "After years of skyrocketing values in Vancouver, owners of homes worth millions will see the value of their properties drop by about 10 per cent this year, representing about $10 billion in total…
A report from the Wall Street Journal on New York. "After slowing for several years, the Manhattan apartment market dropped to a new low in 2018, as co-op and condominium sales fell to the lowest level since the economy last…
It's Friday desk clearing time for this blogger. "The residential property market in Palo Alto has cooled down meaningfully in the last six months or so. The median home price of all homes sold in Palo Alto has dropped to…
A report from the Los Angeles Times in California. "Southern California home sales plunged 12% in November from a year earlier, while prices rose at the slowest pace in three years amid a broad cooling in the housing market." "The…