It's Friday desk clearing time for this blogger. "Bozeman, Montana, a small city of about 56,000 people, has seen home prices soar. A single-family home in the area rose by nearly 40 percent to more than $1.16 million as of…
A report from Market Watch. "Dear Big Move, I’m struggling with the idea of selling a rental property that has both a high monthly maintenance fee and a high mortgage rate. The costs to keep this house are currently higher…
A report from CNBC on New York. "Manhattan real estate sales fell 38% in the first quarter, according to new reports. The big question for brokers, buyers and sellers is where the new 'bottom' will be in Manhattan. The average…
It's Friday desk clearing time for this blogger. "A blazing-hot housing market has chilled in Northeast Colorado. 'We’re getting more creative,' said Wendy Jerman, Realtor at Town Square Realty in Sterling.. 'More agents are sending out email blasts about reduced…
A weekend topic starting with The Street. "Martin Pring does an excellent job in his 1993 book Investment Psychology Explained outlining the 12 steps of how a mania or bubble inflates. 1. A believable concept offers a revolutionary and unlimited…
A report from Bloomberg. "U.S. home prices shows signs of becoming 'unhinged from fundamentals' like they did in the housing bubble that preceded the 2008 crash, according to a blog post by the Dallas Federal Reserve bank. 'Our evidence points…
It's Friday desk clearing time for this blogger. "The epic housing shortage that began before the pandemic and then was exacerbated by it may finally be starting to ease up. More supply is suddenly coming on the market. In June,…
It's Friday desk clearing time for this blogger. "Extell Development has sold a sponsor unit at One57 for $16.8 million, 15.4 percent below its last asking price. Extell first listed the condo at about $24 million in July 2020, before…
It's Friday desk clearing time for this blogger. "Lenders should be better prepared to deal with home owners who are in danger of losing their home, the Consumer Financial Protection Bureau (CFPB) warned on Thursday. 'There is a tidal wave…
A report from WTMJ in Wisconsin. "Shorewest realtor Essam Elsafy is counseling his clients through this frenzied housing market. He says acting fast is a necessity. He shared a conversation he recently had with house hunters. 'We saw a house…