A report from the San Francisco Chronicle in California. "At this time last year, Brooke and Zach Davis fully expected that their family would celebrate Thanksgiving and Christmas in their new, factory-built home on a quiet hillside in Soquel, an…
A report from WGME. "Several towns across Maine are considering rent control policies, and some are looking to Portland's experience for insight. Portland landlords say the policy puts them under financial strain. Andrew Doukas, who owns a three-unit building in…
A report from the Palm Beach Post in Florida. "Condo units in older buildings are not selling. Special assessments, levied to undertake the repairs, have been as high as $200,000 per unit owner. Repair bills can run as much as…
A report from CNBC. "About 33.4% of single-family homes available for sale in the first quarter were newly built, almost double from pre-pandemic levels, according to Redfin. Over the last six months, the median price for a new home has…
A report from the San Francisco Examiner in California. "With record vacancies in San Francisco office buildings and home prices down, the number of property owners appealing to lower their property taxes has skyrocketed to the highest level since at…
A report from Yahoo Finance. "Thirty-year mortgage rates cross over 7 percent as elevated rates and affordability woes squeeze homebuyers out of the market. 'Right now the mortgage rates are touching that cyclical high level, I don't think it will…
A report from KOMO-TV in Washington. "According to Redfin, luxury home prices dropped by double digits in several west coast cities. San Francisco saw the biggest loss of more than 12.7% in a year. Seattle is close behind at a…
A report from the Real Deal on Texas. "The median sales price in the area was $466,705 last month, down 15 percent from $550,000 in April 2022, the Austin Business Journal reported, citing data from the Austin Board of Realtors.…
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 the New York Post. "The nation’s housing slump dragged on into January as home sales fell for the 12th consecutive month to the slowest pace in more than a dozen years. The median home price is down…