A Tough Situation If Liquidity Dries Up
A report from WCMH in Ohio. "The Columbus real estate market is booming. Just as fast as a homeowner can put a for sale sign in their front yard, it is now quickly replaced with a sign that reads sold. 'We…
Builders Have Been Willing To Offer Significant Discounts And Incentives To Move This Inventory
A report from the Dallas Morning News in Texas. "Homebuilders eased back on Dallas-Fort Worth construction in the early months of 2019. North Texas builders started 8,439 homes in the first quarter, down 4.4% from a year ago. It was…
When A Market Gets Hot, There Always Seems To Be A Tendency To Overbuild
A report from the Knoxville News Sentinel in Tennessee. "Knoxville is awaiting an increase in multifamily developments. There are more than 1,100 units under construction and scheduled to be completed in the next 24 months. 'When a market gets hot and…
The Places That Went Crazier On The Way Up Are The Places That Are Crashing Harder On The Way Down
A report from the Globe and Mail on Canada. "Market reports about the Greater Toronto real estate market often focus on whether buyers are on the sidelines or if sellers are biding their time as the region grinds through a…
Amid The Mansion Price Freefall, Cracks Have Already Begun To Show Up
A report from Bisnow on New York. "There has been a slew of bad news for the New York City residential market in recent years, particularly at the high end. Now developers, brokers and landlords are looking for new ways…
It’s Funny, But Not Ha-Ha Funny
A report from Mission Local in California. "In recent weeks, Mission residents have been receiving curious missives in their mailboxes inquiring whether they’d be game to monetize their kitchens and living rooms by having strangers drop in and start doing…
Reports That Sellers Are Slashing Prices
A report from the Review Journal in Nevada. "The Greater Las Vegas Association of Realtors said in a new report that 2,621 single-family homes sold in March, up 33.3 percent from February but down 16.8 percent from March 2018. Just…
Looking To Justify The High Prices They Paid
A report from Nasdaq. "The struggle to lure renters is feared to continue into the near term as supply volumes are likely to remain aggressive. In fact, per the study by RealPage, in the past six months, demand could not…
It’s A Whole New Paradigm
A report from the Daily Telegraph in Australia. "It’s 2014 all over again — just without the ice bucket challenge. House hunters in multiple areas across Sydney have been purchasing homes at or close to prices last recorded five years…
A Collective Response Called The Chicken Little Syndrome
A report from Reporter Newspapers on Georgia. "The white-hot housing market in Buckhead and top end Perimeter neighborhoods may be hitting its peak as prices rise above salaries, two experienced local real estate agents say. Kelly Marsh of Brookhaven’s Keller…