A report from the Daily Mail on Florida. "The millionaire residents of a gated community that live on a secluded island in Miami say their private paradise has been destroyed, after the city allowed a developer to build a huge…
A report from the New York Post. "Spring may only have just begun, but the summer season in the Hamptons is already off to a blistering hot start. In Water Mill, a two-home compound spread across some 21 acres has…
A report from the Orange County Register. "It was a weaker-than-average early winter for Southern California home prices. December and January are known for price dips as house hunters shy from closing on a home purchase around the holidays. My…
A report from KTNV in Nevada. "Homes were selling left and right in the valley as recently as 2021, when the Las Vegas Realtors trade group reported a record 50,000 sales. However, it was very different in 2023. Last year,…
A report from KSNV in Nevada. "Clark County reports issuing 13 citations in the last week to homeowners operating illegal short-term rental properties in unincorporated Clark County before the Super Bowl. 'Some homeowners are still trying to comply with the…
A report from Fortune. "In December 2023, existing home sales slipped 1% from November to a seasonally adjusted annual rate of 3.78 million, according to National Association of Realtors’ data released Friday. From the prior year, the rate of sales…
What are your predictions for the housing bubble in 2024? Six months ago, "1) Global residential real estate (RRE): It’s a big fat ugly bubble. 2) U.S. RRE: It’s also a big fat ugly bubble; a microcosm of the global…
A weekend topic starting with WCPO in Ohio. "One of downtown’s largest office properties is seeking $45 million in tax breaks to help it convert part of its space into 205 apartments. Owners of the Atrium One and Atrium Two…
A weekend topic starting with Fortune. "Jim Grant has been tracking the ins and outs of Federal Reserve policy and its effects on the economy and markets in his famed newsletter, Grant’s Interest Rate Observer, for over 40 years. After…
A report from the Seattle Times in Washington. "The Seattle-area housing market remained lethargic in November, as high interest rates converged with the typically slow season. A luxury Alki condo building announced in late November it would cut prices by…