A report from CNBC. "Mortgage applications to purchase a newly built home dropped 11 percent in November, compared to a year ago, according to the Mortgage Bankers Association. This drop is surprising, given the sharp drop in mortgage rates in…
A report from the Wall Street Journal. "The national housing slowdown is spreading to markets like Las Vegas and Phoenix. Angela Hutchins, a Las Vegas realtor, said price cuts of up to tens of thousands of dollars are now common.…
A report from Global News on Canada. "An over-abundance of houses for sale in the Edmonton area could mean slower sales and lower prices until well into next year, an economist tells Global News. Prices have dropped, too, with single-family…
A report from TC Palm in Florida. "The latest data on new home sales nationwide are not encouraging. The Commerce Department reported that new home sales declined 8.9 percent in October on a seasonally adjusted basis, and sales have been falling at…
A report from KVAL in Oregon. "Rent prices in Eugene have gone down the past two months, according to a San Francisco real estate research firm. The Lane County Rental Owners Association has seen this trend as well. The president…
A report from the San Francisco Business Journal in California. "The pace of change sweeping across the Bay Area housing market spurred one brokerage to issue a 'special report' this month on the Bay Area housing market. 'Dramatic changes abound,'…
A report from The Olympian in Washington. "The Thurston County housing market cooled in November — just as it did in October — as some buyers stayed on the sidelines because of seasonal factors or slightly higher mortgage interest rates,…
A report from My Northwest on Washington. "You may have heard that the big chill has suddenly hit the Seattle housing market. According to the Case-Shiller home-price index, Seattle home prices are falling faster than the rest of the country.…
A report from the Dallas Morning News in Texas. "North Texas home sales fell by 8 percent in November. It was the biggest year-over-year sales decline in more than seven years. Ted Wilson, principal with Dallas housing analyst Residential Strategies…
An editorial by Robert J. Shiller in the New York Times. "We are, once again, experiencing one of the greatest housing booms in U.S. history. How long this will last and where it is heading next are impossible to know…