A report from KOLD in Arizona. "John Carroll is an Tucson agent with Land Advisors Organization, and recently worked on a residential market study. Carroll said right now, there is not enough land for builders to keep up with current demand. 'In 2006, we had 154 active communities, so it created a lot more choice for consumers to look through and to acquire, and it helped keep home prices in check because there was so much competition,' Carroll said."

From CBS 4 in Texas. "Many El Pasoans who took on home improvement projects said they're coming across an unexpected issue. The latest shortage across the country appears to be lumber. 'If you want a roof done or you want to build a house an example on just new home buildings right now is if you were building a new house your price is going to be between $5,000 to $10,000 more just on lumber alone,' said Joe Garcia, a managing partner with Strong Roofing and Construction. 'A house right now say a year ago say a basic 2,000 square foot house you could have probably gotten a year ago for probably about $205,000 to $220,000. Right now you’re looking at probably $250,000 to $270,000 for the same house.'"

From Connect Texas. "Newmark Knight Frank is seeking offers for The Ranch Apartments, a 243-unit, 737-bed student housing property in Lubbock. Pricing will be determined by the market. The property represents about a 66% discount to replacement costs, according to the marketing flyer."

From Bisnow New York. "Yihai North America bought a luxury apartment building at 111 Kent Ave. for $45.3M, about $11M less than the $56M the building sold for in 2012 in a deal that was record-breaking at the time, Crain’s New York Business reports. American Realty sold the Williamsburg building, which contains 62 residential units. The deal reflects the investment market: average pricing for multifamily properties across the city dropped 50% year-over-year in the first half of 2020 as apartment dwellers leave the city in droves and rents plummet."

From Western Massachusetts News. "The real estate market is hot here in western Mass. and across the country, as mortgage rates remain at historic lows. However, a new study shows many new homeowners are regretting diving into the market, as they struggle with financial issues thanks to COVID-19. The study shows more than half of new home buyers surveyed have buyers remorse, citing financial struggles brought on by job loss or reduction because of the pandemic."

"A group called LendEDU said out of 1,000 recent homebuyers surveyed, 55-percent regretted buying a home during the pandemic, 30-percent citing financial struggles. The study also shows 16-percent of all homeowners have agreed to a pandemic forbearance with their mortgage lender. 'You have to juggle, you know, what is my mortgage rate going to be, how much do I want to pay in my monthly payments,' said REALTOR® Association of Pioneer Valley's Brendan Bailey. 'What can I afford as a down payment [and] what if I offer this, and that, it gets very confusing and complicated.'"

From Patch Colorado. "One of Denver's most expensive home listings has seen a price drop of $400,000 — down to $8,850,000. The 10,100-square-foot luxury house, at 1 Polo Club Lane, sits on a 1.27-acre lot."

From Realtor.com. "Pro golfer Jim Furyk is taking another swing at selling his lovely home in Lahaina, Hawaii. The Maui mansion is available for $4.7 million. The spectacular island getaway has come on and off the market for over a decade, with an asking price of as much as $7.5 million back in 2008. Over the years, that has been whittled down, to $6.9 million in 2012 and then two years later, to $5.9 million. In 2016, the home was listed for $5.49 million. Last summer, the price dropped to $4.7 million. It was relisted this week at that same amount."

The Los Angeles Times on Oklahoma. "Russell Westbrook is officially out of Oklahoma. A year after being traded to the Rockets, the NBA star has finally sold his estate near Oklahoma City for $1.03 million — nearly half of the $1.945 million he paid for it back in 2012."

The Los Angeles Times on California. "Justin Bieber is doubling down in the 90210. A year after buying a 1930s Colonial-style home there for $8.5 million, the singer and his wife have dropped $25.8 million on a Beverly Park estate, The Times has confirmed. The 2.5-acre property has been waffling on and off the market for the past two years, originally listing for $42 million in 2018."

From CBS Bay Area in California. "Leading the price decline of cities at the top are San Francisco and New York, the nation’s two priciest cities,' Zumper said in a Tuesday news release. 'Both San Francisco and New York reached the lowest price points they ever have since Zumper started tracking median prices in 2014. Median 1-bedroom price in San Francisco last month was $3,040, a 14.1% decrease from a year ago.'"

"But while rents may be tumbling in San Francisco, neighborhoods are still filling up with moving vans on most weekends. 'One of the reasons that a lot of the things that drew us to San Francisco, we want to be close to the symphony and opera here, want to be close to Hayes Valley, all the small businesses,' says Hajo Schiewe. 'And basically, nothing is there anymore, everything is closed.'"

"Of course, not every departure is voluntary. 'A lot of people don’t want to leave, but people are losing their jobs,' said mover Ali Phelps. Phelps has been moving people in and out of San Franciscans for about 20 years. Has he ever seen anything like this? 'No,' he answers. 'Not really this big boom of people just moving all at once.'"