A report from Honolulu Civil Beat in Hawaii. "What will be the effect of Honolulu’s vacation rental Bill 89? There are four possible scenarios for an owner: They can take the unit off the market, rent it long term, sell the unit or try to illegally continue renting the unit. All of these alternatives will cause a financial loss."

"How big the loss will be is an important question. The worst situation results when a large number of these owners decide to sell or rent their units long term at the same time and flood the market. This situation can be exacerbated by the number of new units at all price points that are coming to market for sale. I will say from my 30 years of analyzing markets all over the country that this reminds me of an overbuilt market."

From The Real Deal on Florida. "The condo market is in a slump. The luxury sector is outperforming others. Sales are up in what one report defines as Miami Beach, yet down according to another analysis. Such headlines, especially in a slow market, can be confusing for buyers, brokers and builders."

"Ana Bozovic, a broker who owns real estate data firm Analytics Miami, said that the information isn’t wrong in the most popular reports, such as those from Elliman and ISG, but believes they lack context."

"'The micro follows the macro, and while neighborhood data is helpful, awareness of the larger market cycle is more important,' she said. Bozovic added that she would 'love if these reports show transaction volume,' noting that 'no one knows we’re at 2010 transaction volume. That’s the most important thing. As a buyer, you do not want to be on the wrong side of a market trend.'"

"Bozovic compares different periods in the market to 'large moving boats' headed on a predictable path. 'None of this is magic,' she said. 'What’s really important is [seeing] tops and bottoms. Markets are always cyclical, and anyone who thinks they’re not is misinformed.'"

From Curbed Atlanta in Georgia. "Midcentury houses remain popular with Atlanta homebuyers. Which makes these three listings a bit puzzling. All three are located in desirable northwest Atlanta communities, offering plenty of interior and exterior space. For the most part, they’ve been updated, too. But, in spite of price reductions for all but one, they’ve been hanging on the market for quite a while. (One is knocking on the 18-month mark.) So, what’s up with that?"

"Tucked away on Nancy Creek Road in Paces, this 1955 ranch features four bedrooms and three bathrooms in 3,006 square feet. These are accompanied by a great room complete with stone fireplace, a formal-ish dining room, non-1950s kitchen, and throwback office. It was originally listed back in May 2017 for $945,000. It received a price cut before being removed in October 2017. It returned again in February 2018 for $869,000. Since then, the price has been slashed three times, and now sits at $750,000."

The Emeryville Eye in California. "Per the San Jose Mercury News, data indicates the real estate market all over the bay area is close to 2008 'recession levels.' Emeryville home prices are down 17% year-to-year and sales numbers have heavily declined as well. In June, there were only nine home sales, down -55% from the twenty in June of 2018 and a -47% decline from the 17 sales last month. June 2019 sales were at their lowest level compared to June of 2018 and 2017."

The Times of London on California. "On a summer morning, a man is hosing down the pavement in front of Old Siam, a restaurant in the Tenderloin district of San Francisco. 'Once in the month, twice in the month, there’s poop in front of my door,' he said. 'I have to clean it. Who’s going to clean it up — the city? No.'"

"San Francisco, the richest city in America, is grappling with the dirty downside of its tech boom: a rash of human 'poop' deposited on the streets by thousands of homeless people who have nowhere else to go. It was revealed last month that the unhoused population has jumped to 9,743 in the city of 880,000. That was a 30% increase on the last official count in 2017 and, based on population, is 20 times the homeless rate in London."

"Geoff Woo, the founder of HVMN, a San Francisco start-up that makes a 'human enhancement' drink, said the city has become 'kind of like a Third World country. You have to watch where you’re stepping as you walk, not just for faeces but also needles. That is the reality of living in San Francisco.'"