A weekend topic starting with the Washington Post. "The first share of $80 million that D.C. officials expect to reap from multistate opioid settlements has landed in District coffers, critical support for stemming an epidemic that claims more lives annually…
It's Friday desk clearing time for this blogger. "A bond rating agency’s downgrade of U.S. government debt roiled markets — and created just one more reason for mortgage rates to stay firmly near their highest level in two decades. 'That…
A report from the Asheville Citizen Times in North Carolina. "It was the epitome of a hot market: Local buyers so anxious to snap up a house, they wouldn't even bother to haggle with the seller. In fact, they would…
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 Advocate in Louisiana. "When David LeBoeuf listed his Gentilly house for sale in May, he thought the newly renovated, two-bedroom cottage would move quickly with a price tag of $315,000, or roughly $190 per square foot.…
A weekend topic starting with Bisnow New York. "The pandemic and its associated travel bans crushed hotels across the country, but the sector has come back in force thanks to a slew of positive fundamentals for the asset class. Soaking…
It's Friday desk clearing time for this blogger. "After two years of elevated home prices in Houston, prices began to decrease for the first time in February, according to a report from the Houston Association of Realtors. Local real estate…
A report from Reuters. "New home sales dropped 2.5% to a seasonally adjusted annual rate of 697,000 units last month, the Commerce Department said on Wednesday. May's sales pace was revised lower to 715,000 units from the previously reported 763,000…
A report from Mansion Global on New York. "Last week was a relatively sluggish one for Manhattan’s luxury housing market, according to Monday’s report from Olshan Realty. Sales volume, based on the most recent asking prices, took a notable dip,…
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…