It Can Be Like Catching A Falling Knife
A report from KPNX in Arizona. "Halpern Residential Founder, Trevor Halpern, said in Phoenix, the local market is not experiencing the traditional presidential election real estate decline. Halpern said sellers need to price and prepare their homes correctly to attract…
Most Central Bankers Were Convinced They’d Beaten Inflation, They Shouldn’t Have Been
A report from Realtor.com. "The pandemic sent the real estate market into overdrive before higher mortgage rates caused a virtual standstill. But now, the number of homes for sale is the highest since 2019, including in pandemic 'boomtowns.' The total…
At A Time When More People Have Been Confident About Selling Their Homes, Buyers Have Really Had Enough Of High Prices
A report from the Sopris Sun in Colorado. "In the Sept. 26 Forbes article, 'Cities where home values have grown the most over the last 20 years,' Carbondale ranked number one. Notably, Rifle and Glenwood Springs also made the list,…
Sellers In Some Towns Are About To Give Buyers A Windfall Chance At Low Prices
A report from KSBY. "On Friday, at the Central Coast Economic Forecast, Dr. Chris Thornberg, focused on the concept of 'narrative versus reality' and the California economy. The message from Dr. Thornberg to the hundreds of people in attendance —…
You Feel Defeated, And I’ve Done Nothing Wrong
It's Friday desk clearing time for this blogger. "Nashville real estate broker, Jeff Checko attributed higher inventory to a few main factors. With the holidays coming up, Checko told News 2 that it’s typical for the housing market to slow…
It’s No Good Having A High Price If No One’s Going To Pay It
A report from the Wall Street Journal. "Randy and Robin Landsman had been trying to sell their Manhattan penthouse for over a year when they turned to the auction market this summer. First listed for $12.2 million, their triplex in…
The Investment Community Thought The Real Estate Would Never Become Obsolete, It Ended Up Being Wrong
A report from Business Observer. "Laws require that all Florida condos more than 30 years old and taller than three stories undergo milestone inspections by Dec. 31, 2024. If we cling to the current infeasible time line and approach, the…
Buyers Are Looking For A Good Deal, And They’re Willing To Wait Until Sellers Figure That Out
A report from WPEC. "Florida's condo crisis continues to worry homeowners. Despite the well-intentioned law to inspect and repair condo buildings, it’s become what many call a money pit for condo owners. The deadline for these inspections is Dec. 31,…
I Wonder If It Was A Good Investment, I Don’t Think I Could Get What I Paid For It Now
A report from the Marin Independent Journal. "The median price of a house in Marin edged up to $1.76 million in September, a year-over-year increase of nearly 7%, according to the county assessor's office. The September figure also represented a…