A report from the Floridian Press. "Governor Ron DeSantis has called for the Florida Legislature to modify the Condo Safety Law he signed after the Surfside tragedy of 2021 to ease the financial burden on condo owners. Since the Law…
A report from the Palm Beach Daily News. "Michael Milillo thought his home in the Flagler House condominium in West Palm Beach would be his last. Coastal breezes drift through the 74-year-old’s unit hugging the Lake Worth Lagoon. He and…
A report from the Providence Journal. "The price of a single-family home in Rhode Island has nearly doubled since 2019. In June, the median price for a single-family home hit $494,000. Five years ago, in the pre-pandemic days of 2019,…
It's Friday desk clearing time for this blogger. "Condos that were around when the Hurricanes lost a national championship game to the Nebraska Cornhuskers in the Orange Bowl are flooding the South Florida market. That was 30 years ago. There…
A report from Reuters. "Sales of new U.S. single-family homes fell to a seven-month low in June. For now, the housing market remains on the back foot. Data from the National Association of Realtors on Tuesday showing existing home sales…
A report from National Mortgage Professional. "Nearly 56,000 home-purchase agreements were canceled in June, equal to 14.9% of homes that went under contract that month — the highest percentage of any June on record, according to Redfin. 'They’re backing out…
A report from Boston.com in Massachusetts. "After modest growth in sales activity in Boston area housing, the market slowed down in June to its lowest level in four years, GBAR reported. GBAR President Jared Wilk cautions homeowners not to get…
A report from the Bakersfield Californian. "Bakersfield home sales took unexpected and, in some cases, confusing turns in June, leading one longtime observer to call the market unstable. The laws of supply and demand seemed to go unenforced as demand…
A report from ABC News. "A slice of paradise in Montana is suffering economic disruption. Seeley Lake’s problem lies in its lack of a centralized sewer system. The Missoula County community’s reluctance to come up with a plan to replace…
A report from the Miami Herald. "It seems like the perfect storm right now for South Florida’s high-rise market. Condo deals in Miami-Dade and Broward counties fell double digits in June, according to the latest real estate report — just…