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…
I’m Assuming It Was A Situation Where They Had To Sell, It Was Just Bad Timing
A report from Business Insider on Florida. "In Ocala, located an hour from the Gulf of Mexico coastline, real-estate agent Emily White worries about how the severity of this year's storm will impact the snowbirds. 'I'm praying the snowbirds come…
In This Market, You Get Killed When You Start Too High
A report from Fox 4 Now in Florida. "Families on Fort Myers Beach are getting ready for bigger flood insurance bills. The town lost the 25% discount from FEMA that has helped neighbors save money since 1999. FEMA put the…
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…
My Clients Were Hoping To Get More Money, But They Realized It Wasn’t Going To Happen
A report from Click Orlando in Florida. "With a deadline of Dec. 31 just around the corner, over 150 condo associations along Volusia County’s coast still have not turned in their 'milestone' inspection reports. Many leaders News 6 spoke with…
We’re Waiting For The Shoe To Drop, And It’s Just Not Dropping
A report from the Telegraph. "The message from American voters is clear: four years under Joe Biden and Kamala Harris have made them feel poorer, not richer. The backlash from voters against Biden and Harris’s record stands in stark contrast…
It Can Be Like Catching A Falling Knife
A report from KPNX in Arizona. "Halpern Residential Founder, Trevor Halpern, said in Phoenix, the local market is not experiencing the traditional presidential election real estate decline. Halpern said sellers need to price and prepare their homes correctly to attract…
Most Central Bankers Were Convinced They’d Beaten Inflation, They Shouldn’t Have Been
A report from Realtor.com. "The pandemic sent the real estate market into overdrive before higher mortgage rates caused a virtual standstill. But now, the number of homes for sale is the highest since 2019, including in pandemic 'boomtowns.' The total…
It’s No Good Having A High Price If No One’s Going To Pay It
A report from the Wall Street Journal. "Randy and Robin Landsman had been trying to sell their Manhattan penthouse for over a year when they turned to the auction market this summer. First listed for $12.2 million, their triplex in…
The Investment Community Thought The Real Estate Would Never Become Obsolete, It Ended Up Being Wrong
A report from Business Observer. "Laws require that all Florida condos more than 30 years old and taller than three stories undergo milestone inspections by Dec. 31, 2024. If we cling to the current infeasible time line and approach, the…