A report from National Mortgage Professional. "Nearly 56,000 home-purchase agreements were canceled in June, equal to 14.9% of homes that went under contract that month — the highest percentage of any June on record, according to Redfin. 'They’re backing out…
A report from Boston.com in Massachusetts. "After modest growth in sales activity in Boston area housing, the market slowed down in June to its lowest level in four years, GBAR reported. GBAR President Jared Wilk cautions homeowners not to get…
A report from the Bakersfield Californian. "Bakersfield home sales took unexpected and, in some cases, confusing turns in June, leading one longtime observer to call the market unstable. The laws of supply and demand seemed to go unenforced as demand…
A report from ABC News. "A slice of paradise in Montana is suffering economic disruption. Seeley Lake’s problem lies in its lack of a centralized sewer system. The Missoula County community’s reluctance to come up with a plan to replace…
A report from the Miami Herald. "It seems like the perfect storm right now for South Florida’s high-rise market. Condo deals in Miami-Dade and Broward counties fell double digits in June, according to the latest real estate report — just…
It's Friday desk clearing time for this blogger. "The Denver Metro Association of Realtors (DMAR) market trends report for June showed 10,214 active listings on the market at the end of June, a 68.27 percent increase from the same month…
A report from WVUE. "The New Orleans housing market stretches well beyond the city’s limits. It covers 10 parishes, and what’s happening within the market has realtors concerned. Closed sales of homes have dropped 24.3% from June 2023 to June…
A report from the Star Tribune in Minnesota. "Joan and Mark Robertson seemed poised for short-term rental success when the Bloomington couple bought a townhouse minutes from Disney World two years ago and spent about $15,000 on upgrades. For the…
A report from Go Banking Rates. "Although Florida has made headlines lately due to the rising cost of home insurance premiums, it’s not the only state suffering. Robb Lanham, Chief Sales Officer for HUB Private Client listed California, Texas, Colorado,…
A report from the Gazette Journal in Nevada. "On Aug. 17, the National Association of Realtors will implement changes that its members must follow as part of a sweeping $418 million settlement over its practices. One potential concern from the…