A report from Florida Today. "Looking only at single-family homes, the $359,450 median selling price in Brevard County was up 1.5% in May from $354,000 the month prior. Since May 2023, the sales price of single-family homes was down 2.6%…
A report from the Miami Herald. "It seems like the perfect storm right now for South Florida’s high-rise market. Condo deals in Miami-Dade and Broward counties fell double digits in June, according to the latest real estate report — just…
It's Friday desk clearing time for this blogger. "Palm Beach County collected record returns from its $5 billion investment portfolio, but a sharp increase in property foreclosures raises some concerns about future revenue, according to the county's top finance official.…
It's Friday desk clearing time for this blogger. "'The sharpest price decline in Utah’s real estate history occurred from May 2022 to January 2023,' wrote the report’s authors, housing researchers Jim Wood and Dejan Eskic. In those eight months, the…
A report from the Pueblo Chieftain in Colorado. "Pueblo’s real estate market experienced another rough month in May. The median sales price now hovers around $300,000, which dropped nearly 12% this May when compared with last year and 'is down…
A report from Banker and Tradesman. "Last year may have started off with a bang for many Massachusetts loan originators, but the sprint rapidly slowed to a jog, and then a slog. 'I specifically remember the turning point was very…
It's Friday desk clearing time for this blogger. "Lee Roberts, 74, the retired CEO of Fort Worth-based RadioShack, has put his five-bedroom, 10-bathroom home at 4400 Overton Crest St. up for auction. Roberts and his wife invested $12 million in…
A report from Yahoo Finance. "To say home refinancing activity is a sliver of what it was two years ago is no exaggeration. 'Lenders are hurting. We still see layoffs on a monthly basis,' Jason Sharon, owner and broker at…
A report from Honolulu KHNL in Hawaii. "The good news is that the supply chain disruptions that was causing havoc in the building industry will likely ease over the next year. 'We had a big spike because you could gouge…
A report from the Denver Business Journal. "Mark Vitner, senior economist at Wells Fargo & Co., said companies in the iBuying space are essentially IT companies. 'In this market, it's been very hard to collect accurate information,' Vitner said. 'We…