A report from Politico. "The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers. The current pace of home price appreciation is unsustainable, they say. 'I am worried that the price…
A report from WFTV in Florida. "It sounds simple and safe. Homeowners who lost jobs can skip mortgage payments now, then repay at the end of the loan. But some federal lawmakers, who helped pass the CARES Act that allows…
A report from the East Hampton Star in New York. "There is already evidence of a real estate slump in the United States. The average price of luxury home sales is falling, as is the number of sales. Long Island…
A report from the Wall Street Journal. "The aging-in-place technology trend marks a challenge to the numerous real-estate developers who have been rushing to build senior housing to accommodate the roughly 72 million Americans born between 1946 and 1964. Developers…
It's Friday desk clearing time for this blogger. "An American developer is looking to attract the international buyers who would have previously looked to Vancouver. The Spire was originally going to be a rental tower, which has been the trend…
A report from the East Bay Times in California. "Across the Bay Area, from the Berkeley hills to the Santa Cruz Mountains, insurance companies are declining to renew policies that include fire coverage — sending families scrambling in the heart…
A report from the Mercury News in California. "Michelle Ronco, senior product marketing manager with MLS subsidiary Aculist, put Silicon Valley’s housing market in perspective for local Realtors at a meeting in Los Gatos. Santa Clara County’s sales volume peaked…
It's Friday desk clearing time for this blogger. "The residential property market in Palo Alto has cooled down meaningfully in the last six months or so. The median home price of all homes sold in Palo Alto has dropped to…
A report from the Santa Cruz Sentinel in California. "In September, the median price for a single-family home in Santa Cruz County was $920,000, the same as in August and just a tad off the record $935,100 in March, according…
A report from the Aspen Times in Colorado. "After owning a West End property for more than a decade, the city of Aspen is ready to unload a house that has served as a multimillion-dollar rental unit. The city put…