A report from News 4 Jax. "St. John’s County is one of the fastest-growing counties in Florida and the United States, but home prices are historically unaffordable and average rent is more than $2,000 a month. Right now, the average…
A report from Barron's on Idaho. "It wasn’t so long ago that homes in Boise were a hot commodity. But now? 'Nobody wants to buy a house in Boise right now, and nobody wants to sell a house either,' Redfin…
A weekend topic starting with the Telegraph. "The underlying crisis in the banking system continues to deepen as $5 trillion of commercial real estate debt taken out during the zero-rate era comes due in tranches. 'It’s not a liquidity problem;…
A weekend topic starting with Strong Towns. "In 2008, the list of investors swimming naked was long. Among them were America’s banks, big and small. Their reserves were investments believed to be the most secure, including AA- and AAA-rated mortgage-backed…
It's Friday desk clearing time for this blogger. "Yes, the market is less frantic but experienced real estate professionals see that as a good thing. And they’re advising buyers to grab the opportunity that higher rates offer – more stable…
A report from the Santa Fe New Mexican. "Santa Fe home prices, which have soared into the stratosphere for the past few years, are moving a little closer to earth. A little. Across the city of Santa Fe, the median…
A report from the Naples Daily News in Florida. "In the aftermath of Hurricane Ian, Naples saw trophy mansions list at never-before-seen prices. In March, a sprawling waterfront estate hit the market for more than $174 million in the posh…
A report from the Miami Herald. "Homebuyers and renters are in luck. Real estate experts predict you can expect better deals in South Florida in 2024. 'There’s that old saying of what goes up, must come down,' said Jack McCabe,…
A holiday topic starting with the Herald Tribune in Florida. "After back-to-back double-digit yearly growth coming out of the pandemic, real estate prices in Sarasota-Manatee will round out the year mostly flat. Robert Goldman, a local Realtor with Michael Saunders…
What are your predictions for the housing bubble in 2024? Six months ago, "1) Global residential real estate (RRE): It’s a big fat ugly bubble. 2) U.S. RRE: It’s also a big fat ugly bubble; a microcosm of the global…