A report from the Wall Street Journal. "Danielle Tantone and her soon-to-be ex-husband, Michael Tantone, bought their Mesa, Ariz., area home in July 2022 with a mortgage of about $600,000 that carried an interest rate of 5.62%. Both planned to…
A report from US News and World Report. "'Even though new home sales have been solid, builders are increasingly having to react to weaker demand amidst growing unaffordability,' said Bright MLS Chief Economist Lisa Sturtevant. 'While the median price of…
A report from the Arizona Republic. "Metro Phoenix home sales are slowing, so sellers brace yourselves. 'This is not a good time to test a price higher than market value for your home,' said Tina Tamboer, senior housing analyst with…
A report from the Bradenton Herald in Florida. "The median price for existing single-family houses in the Bradenton area fell 12.8% to $479,000 in October, the largest decline this year. It was also the first time since February 2022 that…
It's Friday desk clearing time for this blogger. "An 11% increase in new listings shows there’s some movement again in a market that stagnated during the regular summer doldrums. 'What closed in October surprised me,' said Corcoran broker associate Linda…
A report from the Tampa Bay Times. "Last month, a federal jury in Missouri found that the National Association of Realtors and several large brokerages had conspired in a price fixing scheme that inflated the commissions agents earned from each…
A report from the Palm Beach Daily News in Florida. "Real estate agents and brokers are welcoming house-hunters with some good news, even if that news is relative: Although November almost always sees an uptick in listings, more properties are…
A report from the New York Times. "In the class-action suit, a federal jury in Missouri ruled that the National Association of Realtors and several real estate brokerages had conspired to fix prices. 'Brokers are nervous that they won’t make…
A report from Fox 4 in Florida. "A luxury condominium for cars will soon come to Collier County. The Lutgert Companies have revealed their plans to construct the facility which will be named the Naples Auto Vault, on Airport Road.…
A report from the Waco Herald Tribune in Texas. "Home construction has all but fallen off a cliff. The 371 permits issued through September to build new single-family homes in Waco is the lowest since the January-September total in 2016,…