A report from Fortune. "Compass CEO Robert Reffkin told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime in last 10 years. Meanwhile, the market has seen 16%…
A report from the Naples Daily News. "A luxury home in the sought-after Moorings community will be sold to the highest bidder. Minutes from downtown Naples, the nearly 5,000-square-foot home is described as the 'very epitome of fine Southwest Florida…
A weekend topic starting with KRDO in Colorado. "The Pikes Peak Regional Building Department is showing hope, with a 33% increase in building permits issued since the beginning of the year. However, supply and demand are just part of the…
It's Friday desk clearing time for this blogger. "The spring housing market is turning into a bust as new home sales fell 4.7% in April from March’s downwardly revised number, the Census Bureau and Department of Housing and Urban Development…
A report from Moneywise. "Making an offer that's accepted is just the middle of a real estate transaction, not the end. And homebuyers can afford to be choosier now as demand and competition softens. 'House hunters today are taking their…
A report from Island News in Hawaii. "Even before the Lahaina fires, insurance rates had been spiking because of natural disasters, global instability and other risk factors driving up costs. And now, they're going up even more. 'Anywhere from up…
A report from CNBC. "About 33.4% of single-family homes available for sale in the first quarter were newly built, almost double from pre-pandemic levels, according to Redfin. Over the last six months, the median price for a new home has…
A report from Realtor.com. "Buyers might want to focus on the housing market breakthrough that's been four years in the making. 'Last week saw the highest number of homes for sale since August 2020, a significant milestone,' says Realtor.com senior…
A report from the Naples Daily News in Florida. "If the Naples area had been part of a Redfin study, it would likely show up as leading the nation with the largest pileup of unsold housing inventory year over year.…
A report from WPBF. "The clock is ticking for Florida condominium owners who now have to come up with reserve funds to pay for potential repairs. John Cadden, managing principal for the Condominium Advisory Group, explained the options available to…