A report from Go Banking Rates. "Although Florida has made headlines lately due to the rising cost of home insurance premiums, it’s not the only state suffering. Robb Lanham, Chief Sales Officer for HUB Private Client listed California, Texas, Colorado,…
A report from the Tampa Bay Times in Florida. "Real estate markets across the country are still trying to find their footing in the aftermath of the the COVID-fueled home-buying frenzy of 2021 and 2022 said Michael Wyckoff, a global…
A weekend topic starting with the Telegraph. "The underlying crisis in the banking system continues to deepen as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due in tranches. 'It’s not a liquidity problem;…
A report from the Miami Herald. "Homebuyers and renters are in luck. Real estate experts predict you can expect better deals in South Florida in 2024. 'There’s that old saying of what goes up, must come down,' said Jack McCabe,…
A report from the Orange County Register in California. "Even with the happiest place on earth just a stone’s throw away, Realtors are feeling more like Disney’s Grumpy than Happy these days. 'When I look at the statistics, we are…
It's Friday desk clearing time for this blogger. "'Buyers are using things like inspection negotiations and high insurance premiums to back out of deals,' said Jacksonville Redfin Premier agent Heather Kruayai. 'They’re holding a lot of the cards; today’s sellers…
A report from the Wall Street Journal. "Some of the biggest names in commercial real-estate lending have all but turned off the spigot. Blackstone Mortgage Trust and KKR Real Estate Finance Trust, two of the biggest mortgage real-estate investment trusts,…
A report from Bloomberg. "Starwood Capital Group, led by Barry Sternlicht, is exploring a sale of more than 2,000 single-family rental homes. SREIT owned 3,210 single-family rental homes valued at $1.26 billion as of March 31, according to a filing.…
A report from Mansion Global on Washington. "'The upper end of the ultra high-end market is softer than we’ve seen in many years,' said Moira Holley, co-founder of Realogics Sotheby’s International Realty in Seattle. 'In 2021, when there was brisk…
A report from Go Banking Rates. "What goes up must come down. The market’s downward shift is most apparent in the properties on the high side of the median. According to Redfin, luxury home sales fell by a record 45%…