It’s Time To Pay The Piper!
A report from the New York Post. "Spring may only have just begun, but the summer season in the Hamptons is already off to a blistering hot start. In Water Mill, a two-home compound spread across some 21 acres has…
Honestly, It’s Making Me A Little Nervous
A report from the Herald Tribune in Florida. "The number of single-family homes for sale in Sarasota and Manatee counties has surpassed the high point prior to the buyer-induced frenzy that occurred after the COVID pandemic set the real estate…
Everyone Will Have Lost So Much Money, And Many Of Us Will Now Be Renting For The Rest Of Our Lives
A report from the Arizona Republic. "The number of February 2023 home sales in metro Phoenix was about 100 higher than February 2024, and the median price was about $28,000 less. 'If you found February’s sales volume numbers disappointing, you’re…
Living Through The Worst-Case-Scenario Of Homeownership
A report from Vail Daily in Colorado. "If Eagle County’s 2023 real estate dollar volume had immediately followed 2019, it would have been a new record. Instead, it represents a significant drop from the pandemic years. Meanwhile, the number of…
I Got My Ass Kicked Last Year, I Lost A Lot Of Money
A report from the Daily Mail. "After two years of rapid price growth, it appears Austin's housing bubble is finally about to burst. Properties in the Texan city are typically selling for $525,750 having declined almost $150,000 from their peak…
There’s Probably Still Too Much Money Floating Around
A report from Bloomberg. "The world’s biggest bond market sold off after another hot inflation report reinforced bets the Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness.…
Amid The Rubble Of Collapsed Empires And Oceans Of Souring Debt
A report from the Stamford Advocate. "In pockets of Connecticut from Riverside in Greenwich to Deep River, house hunters are finding larger numbers of new listings hit the market in the first 10 weeks of 2024, compared to a year…
The Idea Of Houses As Investments Narrative
A weekend topic starting with Fortune. "This is traditionally the time when home sales bloom. But 2023’s deep freeze begs the question of whether the warming will emerge from under an ice cube or an iceberg. Take the typical home…
It’s Been Hard To Find Buyers, I Can’t Get People To See It!
A report from Gulfshore Business on Florida. "Market Trends took place March 12 in downtown Fort Myers with a crowd of more than 1,000 real estate aficionados. In 2023, home sales slowed by about 18% across the three-county region of…
A Lot More Listings Happening Than Sales Happening
A report from Newsweek. "A rising number of homes for sale in Florida are seeing sellers slashing prices in an attempt to offload their properties quickly, according to Zillow. Newsweek reported last week that, as of early on Monday, March…