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…
I’d Like The Value Of My Home To Start Rising Again, I Wonder If The Good Days Are Over
A report from the American Statesman in Texas. "StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder…
Many Markets Have Become Somewhat Overbuilt And There Is Additional Inventory Being Completed
A report from 425 Business in Washington. "SmartAsset found that the Seattle area hosts three of the top 25 spots in the lineup for the nation’s most expensive housing markets. Among the priciest is the Eastside’s Sammamish area. At the…
The Market Can See Asking Prices Fall Like Raindrops
A report from Community Impact in Texas. "The residential real estate markets in Round Rock, Pflugerville and Hutto are still dropping in median price and increasing in inventory. The local trend for June is similar to pricing and inventory data…
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…
All Those People Thought They Would Become Millionaires And They Are Now With Something More Or Less Worthless
A report from KOBI in Oregon. "The ‘Rogue Valley Association of Realtors‘ releasing new numbers regarding housing statistics in Jackson County. It shows the county sold less homes compared to this time last year. It dropped by 36 percent. Numbers…
Henry Ford Came Out With The Car And We Had A Lot Of Horse And Buggy Loans Due
A report from Community Impact in Texas. "'I’ve been doing this for 23 years, and this year was the largest decrease in residential value we’ve ever seen,' said Williamson County Chief Appraiser Alvin Lankford. Since mid-2022, median market prices, or…
The Less They Can Borrow, The Less They Can Afford
A weekend topic starting with Civil Beat. "When University of Hawaii economists were assembling 'The Hawaii Housing Factbook,' they decided to look beyond a metric often used to show housing costs in the Aloha State – and how those costs…
Sky-High Mortgage Rates And Slipping Prices Have Turned What Seemed Like Surefire Investments Into Money Pits
A report from the San Francisco Chronicle in California. "In a historic trophy building overlooking breathtaking San Francisco views, 1360 Montgomery, Unit 12, is a penthouse condo for sale perched on Telegraph Hill. After a long stint on the market,…
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…