If You Can Sell Now, Sell Now
A report from Denver 7 in Colorado. "A Nov. 2024 report from the Denver Metro Association of Realtors shows November was a good month to be a buyer in Denver. Of the homes sold, roughly 50% had at least one…
Buyers Have The Power Right Now And They Know It
A report from WFLA. "Florida homeowners are still getting hammered by rising insurance rates and some people are getting their policies dropped altogether. It’s a concern that has James Toth crunching numbers, especially after seeing a sharp 30% spike in…
Like So Many Other Investors, It Would Be Difficult To Mentally Reconcile This Kind Of Loss
A report from the Gilbert Sun News in Arizona. "Overall, Phoenix Realtors board President Sheryl Bowden was upbeat about the June housing market results for the Valley in general, though she admitted, 'It’s still a challenging marketplace. With the over…
It Has Been Busy In Terms Of People Who Want To list Their Places
A report from Barron's. "Investors are spooked by rising inventory, says Wedbush analyst Jay McCanless. The number of completed new homes for sale at the end of May was at its highest level since early 2010, census data show. 'Builders…
What Really Affects Demand Is That People Expect House Prices To Fall, There Is No Investment Value And They Can’t Make Money
It's Friday desk clearing time for this blogger. "Suze Orman uses her money to buy herself some nice things — like a condo in Florida right on the ocean. It’s an idyllic place to live. That is, until the personal…
They Knew They Were Going To Have To Sell It For Less
A report from the Bellingham Herald in Washington. "A new Whatcom County housing development will welcome its first resident this month as the project continues construction over the next couple of years. The Church Hill Ranch neighborhood in Ferndale is…
A Harsh Lesson On Buying At The Peak Of The Housing Market
A report from Sarasota Magazine in Florida. "The latest report showed that the median price for a single-family home is now $500,000 in Sarasota County and $485,861 in Manatee County, reflecting increases of more than 52 percent and almost 41…
Everything Is Falling
A report from KRDO in Colorado. "According to a broker associate at Re/Max of Pueblo Inc., Mike Pospahala, two years ago there was a lot of competition to buy a home. He said a lot of homes were sold above…
It Was Hard For Sellers To Realize That They No Longer Have That Price Escalation
A report from the Tribune in California. "If 2022 was a roller coaster for San Luis Obispo County's housing market, 2023 appears to have pumped the brakes somewhat. The median home price has cooled off to $790,000, a notable drop…
The Latest Sign That The Climate Of FOMO Has Swiftly Turned To Regret
A report from Reuters. "U.S. single-family homebuilding tumbled to a 2-1/2-year low in November and permits for future construction plunged. It put residential investment on track to contract for the seventh consecutive quarter, which would be the longest such stretch…