A report from Mansion Global on Florida. "Lupe del Pino recently paid $258,000 for a two-bedroom condo unit with a balcony in North Miami Beach. That amount was within her allotted budget, but she had an additional cost to pay.…
A weekend topic starting with Time. "The idea that banking mistakes could plunge the U.S. economy into a recession is familiar—the Great Recession that began in 2007 was caused when banks made risky home loans and then sold to lenders…
It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…
A report from the Orange County Register. "When times get tough in homes sales, watch what the homebuilders are doing. Take Landsea Homes, a small builder that blossomed in California. It’s moving its headquarters to Texas as part of a…
A report from the Daily News Record. "Next week, ownership of the nearly 81-acre and still largely vacant site of the planned Summit Crossing subdivision on the north end of town could change hands during a foreclosure sale at a…
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
A report from the Mountain Democrat in California. "During a recent interview for a listing I made the mistake of assuming the sellers were aware their home was not worth today what it was last summer. My mistake became evident…
A report from DS News. "As the housing market took its twists and turns to close our 2022, Fannie Mae felt the impact of a market in flux. Fannie Mae’s net income decreased $9.3 billion in 2022, compared with 2021,…
A report from the Los Angeles Times in California. "LeBron James is ready to sell his Brentwood home at a loss. The Lakers star has listed a traditional-style estate in Brentwood Park at $20.5 million — about half a million…
It's Friday desk clearing time for this blogger. "'Twelve years ago, [the housing boom] led to a bad outcome with a foreclosure crisis. But that was due to funny mortgages that went to everyone without income documentation,' said Lawrence Yun,…