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 the Boston Globe. "The short-term rental platform Airbnb has come a long way from its 2007 roots. A glut of listings — and a range of hosting types to match — has driven some communities to institute…
A report from the Ahwatukee Foothills News in Arizona. "The Valley housing market is steadily becoming more favorable to buyers as it enters the final quarter of 2023, according to a leading analyst of the local real estate scene. 'We…
A weekend topic starting with Newsweek. "Last month, Fed Chair Jerome Powell and policymakers suggested the federal funds rate would stay above 5 percent through next year and could begin to come down to a little under four percent in…
A report from the Santa Barbara Independent. "'We’re seeing a shift in the market here in the Santa Barbara area. There are more price drops, and inventory has slowly increased month after month. Right now, I’m telling my sellers that…
A report from the Philadelphia Inquirer in Pennsylvania. "The $253 million, 47-story tower at Broad and Spruce Streets, was meant to be a triumph for developer Dranoff Properties and Philadelphia’s Avenue of the Arts. Arthaus began marketing units in 2020,…
It's Friday desk clearing time for this blogger. "'Buyers are using things like inspection negotiations and high insurance premiums to back out of deals,' said Jacksonville Redfin Premier agent Heather Kruayai. 'They’re holding a lot of the cards; today’s sellers…
A report from the East Valley Tribune in Arizona. "Butch Leiber, president of Phoenix REALTORS' board of directors, said inventory in Chandler this summer climbed by 500 homes from July to August. Listings Valley-wide were around 7,100 last month, the…
A report from Yahoo Finance. "The last bastion of the housing market faltered last month. Sales of newly built homes decreased 8.7% to a seasonally adjusted rate of 675,000 units last month from the revised July rate of 739,000, according…
A report from the Orange County Register. "Surviving the slowdown was a key theme at the California Association of Realtors conference last week in Anaheim. Helen Jeong’s most prosperous year as a real estate agent occurred in 2020, when five…