A report from the San Francisco Examiner in California. "With record vacancies in San Francisco office buildings and home prices down, the number of property owners appealing to lower their property taxes has skyrocketed to the highest level since at…
A report from the American Statesman in Texas. "StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder…
It's Friday desk clearing time for this blogger. "Jonathan Miller, CEO of real-estate consulting firm Miller Samuel said, 'Naples saw a price boom [during Covid] that…benefited from the restructuring of Florida as a place to live full time.' Median prices…
A report from Mansion Global. "What goes up, must come down. That’s apparently the motto of the current U.S. housing market, which, after a wildly prosperous peak-pandemic run, is now seeing values plummet. Homeowners across the country have collectively lost…
A report from WINK in Florida. "'People are still trying to get the price their neighbor got in maybe March. And they’re not getting it. But they’re still listing it as if that’s the market,' said broker Jason Jakus. 'Where…
A report from Realtor.com. "'The biggest initial coronavirus hit will be felt in the tourism and hospitality industries,' says realtor.com Chief Economist Danielle Hale. These are the same places where folks tend to buy vacation homes. 'Second-home markets tend to…
A report from the San Francisco Chronicle in California. "The Bay Area just said goodbye to a decade when real estate prices soared to astronomical heights. The 2010s were marked by $1 million fixer-uppers and bidding wars, and many homeowners…
A report from the Buffalo News in New York. "When Brett Barrett's husband got a surgical residency in Buffalo, the couple left Chicago for the Colvin Estates neighborhood of North Buffalo. They closed in May on their new $369,000 Marrano…
A report from Realtor.com. "For more than a decade, short-term home rental websites such as Airbnb, HomeAway, and VRBO have helped everyday Americans squeeze some serious cash out of their homes. Easy-peasy! But those carefree good times may be coming…
A report from the Mercury News in California. "Michelle Ronco, senior product marketing manager with MLS subsidiary Aculist, put Silicon Valley’s housing market in perspective for local Realtors at a meeting in Los Gatos. Santa Clara County’s sales volume peaked…