A weeked topic starting with WINK in Florida. "Paul Beattie, owner of Beattie Development cannot build homes anymore. It’s not a permanent situation, but part of a settlement agreement with the state says he’d need to pay $300,000 before he…
A report from the Tampa Bay Times. "Condo and townhome listings are up 65% year over year and sales are down 20%, according to statewide data from Florida Realtors. The median sales price has dropped more than 3%. The outlook…
A report from the Wall Street Journal. "Randy and Robin Landsman had been trying to sell their Manhattan penthouse for over a year when they turned to the auction market this summer. First listed for $12.2 million, their triplex in…
It's Friday desk clearing time for this blogger. "What does the future hold for residential real estate, homebuyers and home sellers? Jordan Levine, senior vice president and chief economist for the California Association of Realtors, had several answers to this…
A report from the Herald Tribune in Florida. "Scores of Manasota Key homes and businesses were severely damaged after Hurricane Helene landed on Sept. 26. Then last Wednesday came Milton’s much higher storm surge. A yellow Adirondack chair flew through…
A report from the Philadelphia Inquirer in Pennsylvania. "About half of home listings in Philadelphia and Delaware Counties in August were what Redfin called 'extra stale,' meaning the properties hadn’t found a buyer after 60 days. Likewise, about half of…
A report from Realtor.com. "As Hurricane Milton forms in the Gulf of Mexico, damage estimates are rolling in from tropical cyclone Helene—and the news is grim for homeowners. In Asheville, NC, and surrounding communities, French Broad River hit flood heights…
A report from the Wall Street Journal on Florida. "The Tampa Bay housing market had been softening even before Helene struck. About half the homes listed for sale in Tampa experienced price reductions as of Sept. 9, the third highest…
A report from the Colorado Springs Gazette. "The supply of Colorado Springs-area homes for sale swelled to a nearly nine-year high last month, an increase possibly driven, in part, by investors who are dumping properties on the market because of…
A report from the Tampa Bay Times. "Owners of more than 1.5 million condominium units in Florida are bracing for rules going into effect this year. About 78% of condo units in Tampa Bay are 30 years or older, according…