A report from Fox 13 in Florida. "A St. Petersburg business owner is under investigation after reportedly orchestrating 'a classic Ponzi scheme,' according to federal investigators. Russell Todd Burkhalter is the founder and CEO of Drive Planning, a Georgia-based financial…
A report from the Miami Herald. "It seems like the perfect storm right now for South Florida’s high-rise market. Condo deals in Miami-Dade and Broward counties fell double digits in June, according to the latest real estate report — just…
A report from USA Today. "Homes sold below their list price at the peak of the housing season, Redfin reports. 'It means that the housing market is starting to move to the buyer’s favor,' said Daryl Fairweather, chief economist at…
A report from the Daily Breeze in California. "How is the housing market doing? The answer depends on whom you ask, says Lawrence Yun, chief economist for the National Association of Realtors. 'Some people will say it is terrible,' he…
It's Friday desk clearing time for this blogger. "Palm Beach County collected record returns from its $5 billion investment portfolio, but a sharp increase in property foreclosures raises some concerns about future revenue, according to the county's top finance official.…
A report from the Indianapolis Star. "A single-family house in central Indiana sold at an average of $315,000 in May, according to Annie Caruso, president of the MIBOR Realtor Association. Active inventory in central Indiana has increased nearly 17% from…
A report from the American Statesman in Texas. "Housing supply in Central Texas reached its highest level in 13 years in May, the Austin Board of Realtors said. The median closing price last month was $608,438, up 11.6% from the…
A report from the Oklahoman. "The number of sellers putting homes on the market was greater than the increase in buyers, and April ended with an inventory of 3,342 homes listed for sale with Realtors, nearly 50% more than a…
A report from Deseret News. "According to Realtor.com’s monthly housing market trends report, the number of homes actively for sale grew in May for the seventh month in a row, growing by 35.2% since this time last year. The metro…
A report from the Naples Daily News. "A luxury home in the sought-after Moorings community will be sold to the highest bidder. Minutes from downtown Naples, the nearly 5,000-square-foot home is described as the 'very epitome of fine Southwest Florida…