Dare One Wish For Housing Price Cuts?
A holiday topic starting with News Corp Australia. "The Block stars Leah and Ash are not going to get a house sale for Christmas, and an update to the home’s listing will come as quite an kick in the teeth.…
After A Period When Prices Have Defied Gravity, Sellers May Finally Be Getting A Dose Of Reality
A report from the Wall Street Journal. "Sheila Smith was set to get a mortgage for about $750,000 to buy an investment property in Sedona, Ariz., earlier this year. The lender, a regional bank, offered a starting interest rate of…
I’d Like The Value Of My Home To Start Rising Again, I Wonder If The Good Days Are Over
A report from the American Statesman in Texas. "StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder…
By Hanging On It Will Only Get Worse
It's Friday desk clearing time for this blogger. "Jonathan Miller, CEO of real-estate consulting firm Miller Samuel said, 'Naples saw a price boom [during Covid] that…benefited from the restructuring of Florida as a place to live full time.' Median prices…