Archive for July 2018

By Amanda Fung Yahoo Finance A number of key reports on housing data released in recent days are on a downward trend. Both existing and new home sales in the U.S. were down in June, and their previous mont’s results were revised lowered. The lackluster sales data caused homebuilder confidence to plummet to its lowest…

by Prashant Gopal and Shobhana Chandra Bloomberg They were fed up with Seattle’s home bidding wars. They were only in their late 20s but had already lost two battles and were ready to renew with their landlord. Then, in May, their agent called. Suddenly, Redfin’s Shoshana Godwin told the couple, sellers were getting jumpy, even…