A report from the American Statesman in Texas. "Housing supply in Central Texas reached its highest level in 13 years in May, the Austin Board of Realtors said. The median closing price last month was $608,438, up 11.6% from the…
A report from the Wall Street Journal. "Board members of the Highland Park Community Association in Mission Viejo, Calif., braced last year for a rise in insurance costs. Yet they were still shocked to receive a quote for over $170,000,…
A report from the Oklahoman. "Downtown housing prices are soaring in Oklahoma City to an extent that they have more than doubled over the past decade. The Property Shark report cautions the housing price growth is not entirely good news.…
It's Friday desk clearing time for this blogger. "Fewer existing houses are selling in Southern Nevada and homebuilders are offering more incentives to get buyers into new homes. Lennar did acknowledge in a first quarter earnings call that the U.S.…
A report from CBS News. "When Joy Sharp built a new home in the small coastal community of Wilmington, North Carolina, about eight years ago, her homeowners insurance cost was a relatively modest $1,400. That was then. 'Now I've been…
A report from the Arizona Republic. "When Phoenix leaders set a goal to create or save 50,000 houses in a decade to improve home affordability, the Housing Director at the time questioned if it could be done. Four years later,…
A weekend topic starting with WTSP. "The ongoing property insurance crisis in Florida took center stage Wednesday on Capitol Hill. 'Our proposed renewal for 2023 was more than $8,000,' testified Tallahassee resident Deborah Wood, going on to describe the impact…
A report from Bloomberg. "Eighteen months ago, homes in the booming suburbs north of Nashville wouldn’t even stay on the market for a day, said Don Hackford, a real estate agent in Hendersonville, Tennessee. Nowadays, a developer client recently pulled…
It' Friday desk clearing time for this blogger. "Even if the economy does turn sour, people getting mortgages today are in good financial shape, added Jacob Channel, senior economist at Lending Tree. 'If you are getting approved for a loan…
A report from Fortune. "Compass CEO Robert Reffkin told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime in last 10 years. Meanwhile, the market has seen 16%…