It's Friday desk clearing time for this blogger. "This June, Golden Gate Estates-based contractor Metro Home Builders filed for Chapter 7 bankruptcy. Out of the 64 paused home construction projects from Washington State to Marco Island, 29 are Naples-based. 'It’s…
A weekend topic starting with Newsweek. "Last month, Fed Chair Jerome Powell and policymakers suggested the federal funds rate would stay above 5 percent through next year and could begin to come down to a little under four percent in…
It's Friday desk clearing time for this blogger. "Realtor Josh Altman joins Yahoo Finance Live to explain the Los Angeles 'Mansion Tax.' If people think they were not going to be affected because they don't have homes that are worth…
A report from USA Today. "'Prices would not have fallen if the Federal Reserve did not raise interest rates so aggressively,' says National Association of Realtors’ Chief Economist Lawrence Yun. 'One casualty of the Fed’s policy, aside from the regional…
A report from Market Watch. "'A few markets may see double-digit price drops, especially some of the more expensive parts of the country which have also seen weaker employment and higher instances of residents moving to other areas,' said Lawrence…
https://www.youtube.com/watch?v=YOepHwD6uOs https://www.youtube.com/watch?v=XwUP3v-TCQI https://www.youtube.com/watch?v=XGsTLArJSz4 https://www.youtube.com/watch?v=6cvfEF20dm4 https://www.youtube.com/watch?v=eGnRgUDSw_w https://www.youtube.com/watch?v=_juPVZl7iEw
A report from Deseret News on Idaho. "'The sky is not falling,' said TJ Pierce, a real estate agent in Boise. 'Everybody knew it wasn’t going to last. It’s just a matter of how long.' Hop over to a more…
A report from Honolulu KHNL in Hawaii. "The good news is that the supply chain disruptions that was causing havoc in the building industry will likely ease over the next year. 'We had a big spike because you could gouge…
A report from Realtor.com. "The housing market has been called plenty of things this summer: red-hot, insane, brutal. But the latest word du jour to describe the state of real estate today is almost shocking in its tepidness: balanced. This…
A report from the Orlando Sentinel in Florida. "'The normal day now, I wake up, look at the [multiple listings service for agents], see a hundred new listings and 400 price decreases,' said Jeremy Wood, an agent with Keller Williams…