A report from the Star Advertiser. "A bill that seeks to give the counties the power to control short-term rentals — even phase them out— is moving in the state Legislature. Kristin Fagerback, who submitted testimony against SB 2919, said…
A report from Island News in Hawaii. "Oahu's housing market has started to cool down, and there are areas such as the North Shore where prices have dropped dramatically. The Honolulu Board of Realtors tells Island News that single-family homes…
A weekend topic starting with the Real Deal. "Commercial broker Jaret Turkell is ready to rock and roll. Turkell posted a GIF of Minions dancing with the tagline: 'It’s time to PARTYYYYYY!” shortly after Federal Reserve Chairman Jerome Powell announced…
A report from CNBC. "'I think it's painful. I think it's ugly,' Matthew Graham, chief operating officer at Mortgage News Daily, said on CNBC. 'I don't think anybody in my community of mortgage originators would disagree that in many ways,…
A report from Reuters. "First Republic Bank faces dwindling and tough options to turn around its business with the creation of a 'bad bank' or asset sales possibilities, a source familiar with the matter said, after the lender disclosed it…
It's Friday desk clearing time for this blogger. "In March 2020, Mark Joseph bought his first home: a spacious three-bedroom, 2.5-bedroom house in Saint Louis. He and his wife had recently had their second child. Joseph was convinced 'someone else…
A report from Go Banking Rates. "In 2021, inflation pushed the housing market to record highs — but it wasn’t a bubble. 'It’s not like 2008, because the growth we have seen in the past few years wasn’t based on…
A weekend topic starting with the Atlantic. "This coming recession, if it does come, will largely be an artifact of policy, with a handful of unelected bureaucrats based in Washington choosing to increase unemployment and bankrupt businesses in order to…
A report from Deseret News on Idaho. "'The sky is not falling,' said TJ Pierce, a real estate agent in Boise. 'Everybody knew it wasn’t going to last. It’s just a matter of how long.' Hop over to a more…
A report from Realtor.com. "The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced. This…