Everything Is Falling
A report from KRDO in Colorado. "According to a broker associate at Re/Max of Pueblo Inc., Mike Pospahala, two years ago there was a lot of competition to buy a home. He said a lot of homes were sold above…
A Major Change Of Fortune After An End To The Era Of Cheap Money That Fed A Decade-Long Property Boom
It's Friday desk clearing time for this blogger. "The Austin housing market is starting to look a lot more like 2019. For the past three years, multiple offers, bidding wars and all-cash deals became the norm in Central Texas. Now,…
The Question That Everybody Wants An Answer To
A report from NBC Miami in Florida. "Two dozen properties in Coconut Grove are ensnarled in a legal dispute involving lenders, investors, a developer and dozens of people who put deposits down on the home of their dreams – only…
Some Of The Lessons From Previous Crises Have Been Forgotten
A weekend topic starting with the New York Post. "Authorities in California have ceded prime real estate on the Venice Beach boardwalk to a rotating cast of vagrants — a microcosm of the insanity plaguing the Golden State amid its…
It’s Like A Race To The Bottom
A weekend topic starting with the Washington Examiner. "The United States Court of Appeals for the 9th Circuit is not the only reason why cities across the West Coast have been overrun with plague-infected homeless camps, but the court is…
Sellers Always Think People Will Make An Offer, Well They Don’t Anymore
A report from KTVB. "The median home prices in Ada and Canyon Counties are down almost 11 percent compared to last year. That's according to the Intermountain MLS. So, I guess it's time to panic? As fun as that would…
Uh, Sorry, Y’all Go Fish Now
A report from WTOP News. "In 2020, travel was restricted by the pandemic, and many people could work from anywhere. For those who could afford it, a close-by second home on the Maryland and Delaware shores looked like a good…
Many Vendors Still Believe It’s 2018, Whilst Buyers Think It’s 2008
A report from the Naples Daily News. "For the first time this decade, yearly median sold prices for all three of Southwest Florida's bigger real estate groups sunk in the same month in the latest data. 'Now cannot be compared…
Exasperated Neighbours Are Considering Packing Up And Leaving But Wonder Who Would Want To Buy Their House At Anywhere Near What They Paid For It
A report from Islander News in Florida. "Setting that bar a little too high when establishing a sales price for your home? You're probably not alone. According to a recent study by Stacker, the Miami metro area, which includes Key…
Like Many People, We Borrowed Based On The Idea That The Smartest People Were Making Those Decisions
A report from WPTV. "With the influx of people moving to South Florida and the Treasure Coast, real estate experts said don't expect to see much of a correction in the market. But there is a glimmer of hope in…