A weekend topic starting with Bloomberg. "A changing of the guard among the biggest buyers of US Treasuries has Wall Street veterans bracing for further pain in the world’s largest bond market. Increasingly absent are steady-handed investors including foreign governments,…
It's Friday desk clearing time for this blogger. "When Neil Harris moved his family to Miami from Tennessee in 2020 during Covid, he signed a $29,500-a-month lease for a beachfront apartment that he said was 'well worth it.' In April,…
A report from WHSV in Virginia. "As we enter into the last three months of the year, what had hopeful signs of declines in interest rates is no longer the case throughout this year. 'We had heard from a lot…
A report from the Naples Daily News in Florida. "Year-to-date, single-family home sales are down 15% over the year in Lee County, the county hardest hit by Ian. In the city of Cape Coral, they're off by 20%, said Denny…
A weekend topic starting with Business Insider. "Investor Bill Gross warned of more pain for bond investors as US fixed-income assets head for an unprecedented three-year slump. 'The government first threw money out of a helicopter and almost all of…
A report from KSNV in Nevada. "Housing analysts are starting to see a foreclosure uptick once again, and unfortunately, Las Vegas is at the tip of that financial spear. Veteran real estate broker Kristen Riffle says she's seeing it. 'People…
A report from the Pueblo Chieftain in Colorado. "Pueblo's real estate market remained stagnant in August with overall sold listings down 18% when compared to August 2022. Year-to-date residential home sales are down 25.5%. The length of time a home…
A weekend topic starting with Oregon Public Radio. "Just before Portland’s City Council approved a ban on public drug use last week, Mayor Ted Wheeler described what he’d observed on his way to work that afternoon: 'The last time I…
A report from Vail Daily. "Mark Weinreich, a broker associate with Berkshire Hathaway HomeServices Colorado Properties’ Beaver Creek in the Villa Montane office, notes that for the resort and luxury market, there are more choices. Good properties priced to fair…
A weekend topic starting with Yahoo Finance. "Homebuyers in some cities have no choice but to buy million-dollar homes as prices near all-time highs. A report from LendingTree found that two California cities have larger shares of million-dollar homes than…