It's Friday desk clearing time for this blogger. "A condominium association in Orlando is proposing a special assessment of up to $22,105 for each owner as part of an effort to fund its reserves as required by state law, and…
A report from the Idaho Statesman. "In 2023, home sales in Ada and Canyon counties fell to their lowest point since 2009. 'The past year was a needed correction in the market,' said Mike Pennington of John L. Scott Real…
A report from the Santa Barbara Independent. "'We’re seeing a shift in the market here in the Santa Barbara area. There are more price drops, and inventory has slowly increased month after month. Right now, I’m telling my sellers that…
A report from Deseret News. "Utah’s housing prices are still down compared to last year. Year over year price declines span across all Wasatch Front counties — Salt Lake, Utah, Davis, Tooele and Weber — but the biggest drops were…
A report from the American Statesman in Texas. "StoryBuilt, one of Austin’s most active urban developers, has launched a major reorganization and furloughed employees as it deals with a financial meltdown. In a letter sent to StoryBuilt investors Friday, co-founder…
A report from Fortune. "Fed Chair Jerome Powell took the podium on Wednesday to announce that the central bank would hold interest rates flat in June. Powell didn't rule out future hikes, and called this move a 'skip.' At the…
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 Your Observer in Florida. "As the busy season on Longboat Key winds down, so does the demand for properties. The real estate market on the barrier island has slowed down alongside the area's. 'We’re seeing price reductions…
A report from DS News. "'I was consistently busy in the fall, but things got really quiet in March after the collapse of Silicon Valley Bank,' said Boise Redfin Real Estate Agent Shauna Pendleton. 'That killed the buyer momentum that…
A report from the Salt Lake Tribune in Utah. "It’s just two weeks into 2023, and Utah real estate agents are already being told to look to 2024 for things to improve. Hundreds of them broke into a slow nervous…