The 2023 Housing Market Is Going Through Turmoil!
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A report from Mansion Global on Florida. "Lupe del Pino recently paid $258,000 for a two-bedroom condo unit with a balcony in North Miami Beach. That amount was within her allotted budget, but she had an additional cost to pay.…
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A report from the Boston Globe in Massachusetts. "Greater Boston’s housing market over the last few years has been anything but normal. Prices soared to staggering heights in 2021 and 2022. And now things have cooled dramatically. Home prices have…
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A report from Mansion Global. "Austin, Texas has cooled faster than any other major U.S. metro over the past year, according to the report. The city’s median price plummeted 13% year over year in February. Austin leads a trend where…
A report from the Los Angeles Times in California. "Industry experts generally agree that L.A.’s luxury market has slowed down this year, and the data agree. 'I’ll do anything to sell,' said the owner of one home in Brentwood who…
A report from the Mercury News in California. "'Silicon Valley Bank’s collapse is good for real estate,' said Chris Thornberg, an economist and founder of Beacon Economics. 'I mean it. If it forces the Federal Reserve to truly sit on…
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It's Friday desk clearing time for this blogger. "After reaching a peak of $670,000 in May 2022, median home prices in Northwest Austin have been consistently declining since August, according to the Austin Board of Realtors. February marks the seventh…