If You Can Sell Now, Sell Now
A report from Denver 7 in Colorado. "A Nov. 2024 report from the Denver Metro Association of Realtors shows November was a good month to be a buyer in Denver. Of the homes sold, roughly 50% had at least one…
There Was An Unrealistic Expectation, The Price Was Too High And I Sold It At The Wrong Time
A report from WFOR in Florida. "A Coconut Grove condo owner is expressing frustration after his association approved a $7.1 million special assessment, leaving him responsible for more than $153,000. John DuBois, who has owned a villa at The Cloisters…
So Many Owners Are Still Trying To Sell Like It’s … 2021
A report from the Tampa Bay Times. "You wouldn’t know it from the broken security gate and weather-worn buildings, but at one time, the Grande Oasis condominium in Carrollwood was 'a garden of Eden,' said resident Etty Segal. 'Not anymore.'…
People Are Obviously Open To The Idea That We Need To Throw The Bastards Out
A weekend topic starting with the Los Angeles Times. "What does a small, solidly Republican city in Oregon have in common with California’s largest liberal enclaves? All breathed a sigh of relief this year thanks to the far-right U.S. Supreme…
Sooner Or Later, This Bubble Is Going To Burst
A weekend topic starting with WSB-TV in Georgia. "Felicia Seamon’s home for the holidays is stuck in limbo after the property she rents was foreclosed on. However, she only learned about the foreclosure after paying rent for months and resigning…
People Bought Investment Properties When Interest Rates Were So Cheap And They’ve Had To Let Properties Go
A report from Bloomberg. "Before Donald Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8% – basically unchanged from today’s high levels. 'The difference…
If Investors Bought At The Peak Of The Market, They Haven’t Been Able To Recoup It
A report from CBS News in Florida. "Just 16 years after construction, residents at a Brickell condo are grappling with a contentious $21 million special assessment for repairs to their buildings. Some unit owners of the two buildings at 1060…
When You Look At What People Paid For Things In 2020, 2021, It’s Often You’ll Say: Oh Well That’s What It’s Worth Now
A report from WCNC in North Carolina. "David Hoffman of Hoffman Realty in Charlotte told WCNC Charlotte he expects to see prices coming down because high supply is pushing down demand. 'I think that if you're looking to move in…
It Is Crickets, Buyers Have Checked Out, Nothing Happening
A report from the Coeur d’Alene Press in Idaho. "Meet Nick Shriner, who is originally from the scenic landscapes of Wyoming — yes, it’s a real state — and made his way to Coeur d’Alene in 2010. His dedication to…
Creating Serial Speculative Booms To Sustain The Illusion Of Prosperity
A weeked topic starting with WINK in Florida. "Paul Beattie, owner of Beattie Development cannot build homes anymore. It’s not a permanent situation, but part of a settlement agreement with the state says he’d need to pay $300,000 before he…