A report from the Wall Street Journal on New York. "Amazon.com Inc.’s announcement that it is ditching plans for a corporate headquarters in New York City stunned real-estate speculators, developers and renters who had rushed into the Long Island City…
It's Friday desk clearing time for this blogger. "After two years of historic year-over-year home value jumps in the greater Nashville market, a cooling trend has taken hold. Sellers are dropping prices, buyers are getting more concessions and competition for properties has eased.…
A report from Bloomberg on New York. "Amazon.com Inc.’s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair -- just months after the euphoria that followed the company’s announcement that…
A report from the Mercury News in California. "In another sign that the Bay Area housing market is cooling, the number of homes for sale here has spiked — signaling more options for buyers, and potentially lower prices. There were 43 percent…
A report from ABC News in Australia. "Many people who bought properties in Sydney or Melbourne a year ago on 10 per cent deposits are facing the fact that their life savings have, for the moment at least, disappeared in…
A reort from the Wall Street Journal. "The mortgage-market slowdown is stirring up interest in a humdrum segment of American home lending: the rights to the arcane task of handling monthly payments. Sales of so-called mortgage-servicing rights jumped 14% in…
A report from the Daily Camera in Colorado. "The Boulder County housing market is slowing down. Single-family home sales fell about 23 percent and new listings grew more than 4. 2 percent. The median sales price for single-family homes in…
A report from the Wall Street Journal on Dubai. "When the world’s tallest building opened here in 2010, a one-bedroom apartment with a view of the Persian Gulf sold for about $800,000. Four years later that apartment would fetch $1…
A report from the Dallas Morning News in Texas. "The North Texas housing market started 2019 in the dumps. Home sales were down 10 percent from January 2018, and sales prices fell in almost a dozen Dallas-area residential districts. The nosedive…
A report from the Charlotte Observer in North Carolina. "Charlotte’s housing market got off to a slow start in 2019, and some experts say that the government shutdown is partially to blame. Data from Carolina Multiple Listing Services showed that…