A weekend topic starting with Bisnow South Florida. "Short term rentals have proliferated across Miami as developers race to meet demand that surged during the pandemic. At least 4,312 short-term rental units across 12 projects have been proposed or started…
A report from Bloomberg. "Starwood Capital Group, led by Barry Sternlicht, is exploring a sale of more than 2,000 single-family rental homes. SREIT owned 3,210 single-family rental homes valued at $1.26 billion as of March 31, according to a filing.…
It's Friday desk clearing time for this blogger. "Owners with a mortgage lost a small amount of equity last quarter — an average of $5,400 per borrower — marking the first annual decline since 2012, according to CoreLogic. But home-equity…
A weekend topic starting with the Denver Gazette in Colorado. "'Spring felt like a failure to launch, which has led to a summer kick-off where the natural rhythm of the Denver real estate market simply feels off,' said DMAR Chair…
A report from the Review Journal in Nevada. "Las Vegas’ real estate investor boom appears to be over. Investor sales in metro Las Vegas plunged a dramatic 60 percent in the first quarter compared to a year earlier, according to…
A holiday topic starting with the Union Tribune in California. "Over the past decade, the dream of homeownership became more elusive than ever as soaring home prices eroded any headway aspiring San Diego buyers made following the Great Recession. 'It…
It's Friday desk clearing time for this blogger. "Austin Board of Realtors latest data shows the median price of a home is about 466-thousand dollars, a significant drop from the price a year ago – 521-thousand dollars. 'Buyers have gotten…
A report from Business Insider. "New home prices are in a sharp fall as homebuilders are getting rid of their inventory. As of April, builders had 7.6 months worth of new inventory, compared to just 2.9 months worth of existing…
A report from The Hill. "Nationwide home prices saw their steepest annual decline in more than a decade last month —falling by nearly $18,000, according to a report released Monday. Redfin found the largest drops in prices were in expensive…
A report from the Marin Independent Journal in California. "The median price for a detached home in Marin County wobbled to $1.7 million last month, about the same level it was six months ago and about 20% lower than the…