A report from the Bakersfield Californian. "The average, per-unit sales price of multi-family housing properties in akersfield climbed last year to a whopping 17.8 percent year over year. That's 'pretty staggering,' said real estate agent Mark A. Thurston, senior vice…
A weekend topic starting with the Globe and Mail in Canada. "One out of every 10 condos built between 2016 and 2017 in the city of Toronto is owned by a non-resident of Canada. And nearly 9 per cent of…
A report from the South Florida Business Journal. "New foreclosure lawsuits increased by double digits in South Florida during the first quarter, according to Attom Data Solutions. The company found 2,860 foreclosure lawsuits started in the tri-county area, up from…
It's Friday desk clearing time for this blogger. "Several units at the high-end The Lauren Residences condominiums have been sold in a foreclosure auction and the developers of the Bethesda property are facing a pair of separate lawsuits claiming they…
A report from the Australian Financial Review. "Developers are offering financial advisers and mortgage brokers 'massive' commissions of nearly 9 per cent to sell completed apartments, or about $70,000 for an $800,000 apartment. That’s a 30 per cent increase commission…
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…
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…
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…
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…
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…