A report from Mansion Global. "In a reversal, mortgage rates in the U.S. ticked back upwards this week after hitting a two-year low in September. Lower mortgage rates might have broken the stalemate between buyers and sellers, as buyers deterred…
A report from the New York Times. "Ten years ago, Howard and Sheila Konetz bought themselves a Florida dream: an 1,820-square-foot condo in a leafy gated community north of Miami. The $478,500 purchase would usher them into blissful semiretirement, they…
A report from the Associated Press. "In the days after Helene razed much of western North Carolina, some store owners in downtown Boone have a lot of cleanup to do and don't know if they'll see much business at all…
A report from Business Insider on Texas. "A couple of years into the COVID-19 pandemic, a California state flag appeared on a front porch near my parents' home in suburban Austin. The flag is gone now, and so is the…
A report from ABC Action News. "As state leaders grapple with solutions to the looming condo crisis in Florida, several people wrote in to ABC Action News over rising fees and special assessments they’re facing. It's hard to beat the…
A weekend topic starting with the Globe and Mail. "Jerome Powell and his colleagues at the U.S. Federal Reserve placed their bets this week with an oversized half-point cut to interest rates. Amid considerable uncertainty about the direction of the…
A report from Boston.com in Massachusetts. "'With buyers now fewer and farther between than what we saw this spring, it’s a less competitive market and that’s resulted in some softening in prices,' said Jared Wilk, GBAR president. 'In today’s market,…
It's Friday desk clearing time for this blogger. "Aging South Florida condos face critical issues. Inventory is up. Prices are down, and buyers are weary of aging condo buildings. CBS News Miami reporter Joe Gorchow asked Melina Urban, who has…
A report from the World Property Journal."According to Redfin, condo prices are falling in major Florida and Texas metros as inventory piles up and buyers back off. This comes as high HOA fees and insurance costs make condos a tough…
A report from Red Bank Green. "The three townhomes for sale at Red Bank’s Cedar Crossing affordable housing development seem like a potential godsend for a working-class family. Two of the units, both foreclosures, have sat empty for a half…