A report from Community Impact in Texas. "The latest report from the Austin Board of Realtors shows the average price of homes in Round Rock in May sat at $547,953, which represents an 11.6% decrease from May 2022, when the…
A weekend topic starting with The Street. "Research from real estate investment firm Amherst Group, as cited in Forbes, shows that the housing market is overvalue by as much as 40%. Amherst manages $16.8 billion in capital for investors and…
It's Friday desk clearing time for this blogger. "The median existing home-sale price in Forsyth County dropped by 14.3% in the first quarter, according to Attom Data Solutions. Attom reported Guilford County had a median sale price of $220,000 in…
A report from Fortune. "Fed Chair Jerome Powell took the podium on Wednesday to announce that the central bank would hold interest rates flat in June. Powell didn't rule out future hikes, and called this move a 'skip.' At the…
A report from Bloomberg. "Starwood Capital Group, led by Barry Sternlicht, is exploring a sale of more than 2,000 single-family rental homes. SREIT owned 3,210 single-family rental homes valued at $1.26 billion as of March 31, according to a filing.…
A report from CBS 5. "The Valley housing market is cooling down, experts said, correcting after what used to be one of the hottest markets in the country. Median home prices are down more than $50,000 from this time last…
A report from KERA in Texas. "Critics of short-term rentals want Dallas officials to pass an out-right ban on the rentals in single-family zoned areas of the city. But city staff says right now, enforcement of the proposed ordinance would…
A report from Sarasota Magazine in Florida. "The Sarasota metro area recently topped a national list that ranks places based on where home inventory saw the greatest increases over the previous year. With a 128 percent hike, our inventory more…
A weekend topic starting with WNCT in North Carolina. "A Greene County man is moving into his home with the help of a loan program from the USDA Rural Development. Ryan Roberts applied for the Section 502 Direct Loan Program.…
It's Friday desk clearing time for this blogger. "Owners with a mortgage lost a small amount of equity last quarter — an average of $5,400 per borrower — marking the first annual decline since 2012, according to CoreLogic. But home-equity…