Jackson Hole Auction Company (www.jacksonholeauctions.com) announces the Annual Fall Real Estate Auction from Eastern Idaho to Jackson Hole and across Wyoming on September 20, according to William F. Burke CAI AARE, auctioneer and president of the company.
Burke said, “We are actively seeking property owners in the Jackson Hole market areas who want to auction their [...]

A recovery in the U.S. housing market from the worst slump since the Depression is unlikely until “well into 2009,” Housing and Urban Development Secretary Steve Preston said today.
“I think we’re right in the middle of it, and I think we have a ways to go before we start seeing a turnaround,” Preston said today [...]

Existing home sales in the Midwest tumbled 17 percent last month from July 2007, while the median price in the region inched up to more than $175,000, the National Association of Realtors said Monday.
In all 12 Midwestern cities tracked in The Associated Press-Re/Max Monthly Housing Report, also released Monday, sales fell by at least 10 [...]

Economists say the larger-than-expected rise in July U.S. existing home sales doesn’t necessarily point towards stabilization, since more than a third of the sales are related to foreclosures. They also note that a record high inventory level will put downward pressure on prices going forward.The annualized pace of sales in the National Association of Realtors [...]

This lengthy update on the housing price collapse in Merced, written by the New York Times’ David Streitfeld, is worthwhile weekend reading. As with all good writing about the housing bubble and bust, the story, in the end, is pretty simple: In Merced, planners, developers, lenders and buyers were blinded by the bubble — [...]

Bay Area home prices plunged to a 53-month low in July as a brisk business in foreclosed properties depressed prices and buoyed sales volume, according to a real estate report released Tuesday.
The median price for both new and resale homes and condos stood at $470,000, down 29.3 percent from a year ago, according to MDA [...]

The good news in the worst housing slump since the Great Depression is that the real estate market in Cleveland is recovering. That’s also the bad news.
The Cleveland area led the nation for home price gains in April and May with an 18 percent jump in the lowest price tier of the S&P/Case-Shiller home price [...]

The number of homes sold in the state continued to slide in the second quarter, the Washington Center for Real Estate Research at Washington State University reported Thursday.
The sales of 89,380 homes in the quarter that ended June 30 was 8.5 percent below the sales in the first quarter and 31.7 percent below the second [...]

Home prices in Greater Baltimore inched up modestly from June to July, though the median sale price for a home in Greater Baltimore is still off from last year and the volume of homes sold remains sluggish.
That’s according to a market data report released Monday by Rockville-based Metropolitan Regional Information Systems Inc.
The median price for [...]

There’s good news and bad news in the Napa County real estate market.
The good news?
“First-time buyers can buy a home for significantly less than they could in 2005 or 2006,” said Realtor David Barker of Frank Howard Allen. “Some buyers priced out of the market can now buy.”
The bad news?
In the past 12 months, the [...]