A report from Market Watch. "Researchers pointed to Miami as an example for their argument. During the market’s peak in late 2006, buyers there paid nearly $340,000 on average to purchase a home. Only now are many of those buyers…
A report from the Sun Sentinel in Florida. "In the wee hours of Thursday morning, the folks who want a private 30-story condo built on a prized piece of taxpayer-owned beach in Hollywood went home without a deal. The project…
A weekend topic starting with the Post Register on Idaho. "As more people visit Island Park each year and more homeowners are turning their properties into short-term rentals. (Island Park’s year-round population was 262 in the 2020 Census.) Tourism in…
A weekend topic starting with a press release. "ATTOM released its third-quarter 2021 U.S. Residential Property Mortgage Origination Report, which shows that 3.59 million mortgages secured by residential property (1 to 4 units) were originated in the third quarter of…
A weekend topic starting with Quartz. "The press has noted that more than 6 million homes may be sold this year, more than any time since 2006. For those familiar with real estate busts, this may be an ominous sign.…
A report from the Denver Business Journal. "Mark Vitner, senior economist at Wells Fargo & Co., said companies in the iBuying space are essentially IT companies. 'In this market, it's been very hard to collect accurate information,' Vitner said. 'We…
A report from 12 News in Arizona. "'The market started to cool and Zillow missed the off-ramp,' said Mike DelPrete, a real estate analyst. iBuyers are responsible for around 10 percent of all listings in the Phoneix market. One of…
A report from CNBC. "'We actually believe the industry is already overbuilding in single-family to normalized demand by roughly 20% and about 10% for multi-family, so we couldn't be on more of an opposite side of where the market is…
A report from the San Diego Business Journal in California. "People in the market for a new home are starting to get a break as the San Diego County real estate market cooled down a bit in August and early…
A report from Greenville News in South Carolina. "Denise Franklin, president of the Greater Greenville Association of Realtors said the local housing market is starting to 'soften a little bit.' Some fear the ongoing real-estate boom may lead to another…