Finally, a more modest castle in Issaquah, Washington.
Current asking: $5,690,000
4 beds, 6 baths, 7,057 square feet
Another Texas castle made it into this weeks castle roundup.
This one in Burnet, TX
Current asking price: $8,000,000
7 beds, 8 baths, 14,000 square feet
Texas has no shortage of castles for sale weirdly. Take this one in Southlake, TX
Current asking price of $6,895,000
7 beds, 12 baths, 13,922 square feet
And then another Texas castle
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In this weeks edition of Castles for sale, check out this monster of a property listed at $10m in Red Bank, New Jersey
15,025 square feet with 20 acres.
Have a hard time believing this is a 3 bed 4 bath unit.
Now for Texas...
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If you are a seller in Portland - be smart.
You need to price the move in now to clear earlier. Think about it, you can cut down when everyone else does - no alpha. You can make the cut ahead of the next wave, you stand out, you get a window.
Buyers - you don't have to pay sticker price.
Track Portland realtime:
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Supply bumps typically have a finite period of stabilization in price cutting activity - Portland just added 25% additional inventory in a thin buyers market heading into the rainy season.
I anticipate a sharp move up on seller cutting - more supply, off season, thin buyers
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Portland has added an additional 25% of inventory since August.
This is unusual - the housing season typically slows down in the Fall.
PNW weather is finicky - it's perfect during the summer and then shifts sharply to rainy and depressing for the remaining 9 months.
We are heading into the rainy season.
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The peaks of the annual housing cycles have been $320 in 2022, $305 in 2023, $310 in 2024, $310 in 2025, $305 in 2026
However, this year, the seller signals are starting to pop which could precipitate a sharp move down
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TRUMP PREDICTS U.S.-CUBA DEAL, DOWNPLAYS MILITARY ACTION
President Trump said he expects the U.S. and Cuba to reach an agreement, adding that he does not believe military action will be necessary.
“I don’t think we’ll need the military,” Trump said, while arguing the U.S. wants to “open Cuba up”.
His comments come as Cuba faces severe economic pressure from fuel shortages, blackouts and a U.S. oil blockade.
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If this is the pregame, we have a problem NYC.