A report from Market Place. "On Friday the National Association of Realtors agreed to settle multiple lawsuits that accused its members of colluding to keep commission rates artificially high. Sacramento Realtor Erin Stumpf said many buyers may not be able…
A report from Bloomberg. "The world’s biggest bond market sold off after another hot inflation report reinforced bets the Federal Reserve will be in no rush to cut rates even as some areas of the economy show signs of sluggishness.…
A report from the Stamford Advocate. "In pockets of Connecticut from Riverside in Greenwich to Deep River, house hunters are finding larger numbers of new listings hit the market in the first 10 weeks of 2024, compared to a year…
A weekend topic starting with Fortune. "This is traditionally the time when home sales bloom. But 2023’s deep freeze begs the question of whether the warming will emerge from under an ice cube or an iceberg. Take the typical home…
It's Friday desk clearing time for this blogger. "The 'lock-in' effect — current owners being unwilling to move or refinance at higher rates — is showing signs of easing as more sellers begin to put their homes up for sale.…
A report from Gulfshore Business on Florida. "Market Trends took place March 12 in downtown Fort Myers with a crowd of more than 1,000 real estate aficionados. In 2023, home sales slowed by about 18% across the three-county region of…
A report from Real Vail. "Nate Hall, certified luxury specialist and broker associate with Berkshire Hathaway HomeServices Colorado Properties, notes that strong buyer demand and limited inventory in the resort/luxury communities of Vail, Beaver Creek, Cordillera, and Arrowhead have led…
A report from Newsweek. "A rising number of homes for sale in Florida are seeing sellers slashing prices in an attempt to offload their properties quickly, according to Zillow. Newsweek reported last week that, as of early on Monday, March…
A report from the Newport Daily News in Rhode Island. "The City Council is considering asking its legislative delegation to submit a bill that would allow the city to impose a 3% tax on real estate sales over $2 million.…
A report from Business Insider. "Owners are trying to unload units in the face of the skyrocketing costs of maintaining an apartment in Florida. At the same time, prospective buyers are driven away by those same fees. 'It's definitely been…