A weekend topic starting with WTSP. "The ongoing property insurance crisis in Florida took center stage Wednesday on Capitol Hill. 'Our proposed renewal for 2023 was more than $8,000,' testified Tallahassee resident Deborah Wood, going on to describe the impact…
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 Honolulu Civil Beat. "When the Peninsula at Hawaii Kai condo community got news of its insurance bill for 2024, the condo owners were in for an unpleasant surprise. The association’s premium was going up almost tenfold, to…
It's Friday desk clearing time for this blogger. "The 'lock-in' effect — current owners being unwilling to move or refinance at higher rates — is showing signs of easing as more sellers begin to put their homes up for sale.…
A report from Patch. "An Upper East Side man who was previously accused of sexual assault at the East Village bar he owned now refuses to leave his apartment after it was foreclosed in 2022, according to a new report…
It's Friday desk clearing time for this blogger. "Real estate agents and mortgage lenders who spoke to The Post said that underwriters in the Sunshine State are forcing would-be buyers to look for cheaper dwellings. Meanwhile, existing HOA fees for…
A report from the Bradenton Herald in Florida. "The Sarasota/Manatee Realtor Association released its year-end housing report for 2023, and it shows a buyer’s market trend with housing inventory returning to pre-COVID levels. In Manatee County, the year 2023 saw…
A weekend topic starting with the Telegraph. "The underlying crisis in the banking system continues to deepen as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due in tranches. 'It’s not a liquidity problem;…
It's Friday desk clearing time for this blogger. "An 11% increase in new listings shows there’s some movement again in a market that stagnated during the regular summer doldrums. 'What closed in October surprised me,' said Corcoran broker associate Linda…
A report from the Tampa Bay Times. "Last month, a federal jury in Missouri found that the National Association of Realtors and several large brokerages had conspired in a price fixing scheme that inflated the commissions agents earned from each…