A report from the Jacksonville Progress. "For those of us who live in East Texas, some of the information and data that follow will blow your mind. In May of this year, it was reported half of the homes that…
A report from the Jamaica Plain Gazette in Massachusetts. "'Inventory is down across the Board,' said BJ Ray of the Boston Home Team of Unlimited Southeby’s International Realty. 'Specifically in JP, single-family listings and sales are down about 20% from…
A report from Business Insider. "After wealthy New Yorkers fled to the seaside haven on Long Island during the pandemic, the boom has ended. One Hamptons broker told CNBC that the area was 'chocked with supply,' while another told the…
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…
It's Friday desk clearing time for this blogger. "'I’ve felt a massive drop,' says Sabrina Must, who in the height of the pandemic could command more than $1,000 per night on a holiday weekend in Encinitas, California but now has…
A report from Geek Wire. "'We’ve tied up hundreds of millions of dollars in houses that you yourself wouldn’t want to own right now,' Redfin CEO Glenn Kelman wrote. 'Even before its overhead expenses, the RedfinNow properties segment will likely…
A report from the News Press in Florida. "To date, the number of new listings that came to the Bonita Springs and Estero markets in 2021 was 270, which was higher than the 193 total listings that came to market…
A report from the Phoenix Business Journal. "Homebuyers across the country are furious with Zillow Group Inc for canceling contracts. Compounding the issue is the fact that many of these homeowners are waiting for their new construction homes to be…
A report from WTOP. "About 1 million U.S. homeowners with a mortgage are still in some stage of a mortgage payment forbearance program with their lender. The current rate of delinquencies at all stages is 3.5%, and that is historically…
A report from the Coeur d’Alene Press in Idaho. "Kristen Johnson, Coeur d’Alene Association of Realtors president said there aren’t as many competitive offers on homes as there were earlier this year, so the market is seeing some price reductions.…