It’s Tempting To Shoot High, But That Often Backfires

It's Friday desk clearing time for this blogger. "As tourism slumps in Las Vegas, the residential and commercial real estate markets are showing similarly worrisome signs, according to analysts and stakeholders. Las Vegas homebuilders are selling fewer houses to would-be buyers. Through the first...
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It Didn’t Last Because It Couldn’t Last

A report from the Daytona Beach News Journal. "'I think we're getting closer to being a neutral market again, which is what it was before COVID,' said Kevin Kaiser of Realty Pros Assured, referring to the spike in people moving to Florida during the pandemic which fueled double-digit percentage...
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I Can't Sell It, So I Can't Win

A report from Northern Virginia Magazine. "The housing inventory in Northern Virginia was up almost 50 percent in June from the same time last year, according to the Northern Virginia Association of Realtors. And Molly Craig, a Realtor with Century 21 New Millennium, says she’s been having some...
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You’re Now Looking At A Mega Loss

It's Friday desk clearing time for this blogger. "We continue to see a lot of sellers in Cape Coral and throughout Southwest Florida struggling to attract potential buyers and get their homes sold. Based on our personal experiences and from conversations with a number of Realtors, it is clear that...
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A Shift From Aspirational Pricing Toward Market Reality

A report from WCAX. "Vermont’s red-hot real estate market is undergoing a shift, with some properties staying on the market longer, building up an increased inventory in parts of the state. 'There’s parts of the market that are very much the same as it has been over the last few years during COVID,...
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Token Price Reductions Just Won’t Cut It

A report from News 4 Jax in Florida. "Jacksonville is seeing one of the biggest drops in home prices in the country, ranking third among major metro areas for the biggest year-over-year decrease, according to Redfin. Shauna Clark recently listed a home in Julington Creek for $799,000. After three...
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It’s Just Like In 2008 When The Market Tanked

A report from WINK News. "The Sunshine State faces a real estate slowdown that has hit some neighborhoods. 'Unfortunately, the market is shifting,' said Veronika Mykhaskiv, a real estate agent now trying to sell her home. 'For Sale' signs appear but moving boxes aren't packed. Randall Burroughs,...
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