A report from Realtor.com. "As more homes hit the market, sellers are being forced to make price reductions to compete. 'The percentage of homes with price reductions increased from 17.7% in September of last year to 18.6% this year,' says…
A report from the New York Times. "Ten years ago, Howard and Sheila Konetz bought themselves a Florida dream: an 1,820-square-foot condo in a leafy gated community north of Miami. The $478,500 purchase would usher them into blissful semiretirement, they…
A report from the Associated Press. "In the days after Helene razed much of western North Carolina, some store owners in downtown Boone have a lot of cleanup to do and don't know if they'll see much business at all…
A report from NBC Miami in Florida. "The 40-year recertification of Commodore Plaza has been overdue for 13 years. The city of Aventura has been issuing violations and now the 654 property owners fear an upcoming Miami-Dade County unsafe structures…
A report from 6 South Florida. "It’s been 14 years since Thereza Teixeira purchased her condo in Aventura. In addition to her mortgage, she pays $1,390 in monthly fees. Those monthly fees include $967.70 in maintenance dues and two assessments…
A report from the Floridian Press. "Governor Ron DeSantis has called for the Florida Legislature to modify the Condo Safety Law he signed after the Surfside tragedy of 2021 to ease the financial burden on condo owners. Since the Law…
A weekend topic starting with KERA. "If you don’t make more than $100,000 per year, you can’t afford to buy a median-priced home in three of Texas’ largest metro areas: Dallas-Fort Worth, greater Houston, and the Austin area. That’s one…
A report from Suburbs 101. "Nationally, home prices are going up, but the Texas housing market is getting hit hard by dropping prices. Some places are seeing double-digit losses. The net loss is quite significant in some metro areas. Where…
A weekend topic starting with the Telegraph. "The underlying crisis in the banking system continues to deepen as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due in tranches. 'It’s not a liquidity problem;…
A report from the Wall Street Journal. "The new coronavirus epidemic in New York obliterated the spring selling season, according to a Wall Street Journal analysis. Apartment sales were down 54% in the second quarter compared with the same quarter…