A report from the Miami Herald. "Florida lawmakers made a choice after the 2021 Surfside building collapse: to protect human life instead of continuing to allow condominiums to defer important maintenance that could put more people at risk. The unintended…
A report from the Sacramento Bee in California. "A bubble in need of bursting. An overheated environment that had to be cooled. A correction for a real estate market out of balance. Federal Reserve Chairman Jerome Powell has been upfront…
It's Friday desk clearing time for this blogger. "'Buyers are using things like inspection negotiations and high insurance premiums to back out of deals,' said Jacksonville Redfin Premier agent Heather Kruayai. 'They’re holding a lot of the cards; today’s sellers…
It's Friday desk clearing time for this blogger. "'The sharpest price decline in Utah’s real estate history occurred from May 2022 to January 2023,' wrote the report’s authors, housing researchers Jim Wood and Dejan Eskic. In those eight months, the…
A report from Reuters. "The Federal Reserve has issued a slew of private warnings to lenders with assets of $100 billion to $250 billion as part of increased efforts to tighten supervision, Bloomberg News reported on Wednesday citing people familiar…
It's Friday desk clearing time for this blogger. "After two years of elevated home prices in Houston, prices began to decrease for the first time in February, according to a report from the Houston Association of Realtors. Local real estate…
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…
A report from Business Insider. "Realtor.com has re-examined its previous housing market predictions for this year and pointed them in the opposite direction. 'We made a bold call that home prices wouldn't go down in 2023, and with the latest…
A report from Community Impact in Texas. "The latest report from the Austin Board of Realtors shows the average price of homes in Round Rock in May sat at $547,953, which represents an 11.6% decrease from May 2022, when the…
It's Friday desk clearing time for this blogger. "The local housing market is not 'crashing at all,' said King County Assessor John Wilson. 'But the fact is, it’s finally kind of peaked.' In Seattle’s Queen Anne neighborhood, values declined 8%…