It's Friday desk clearing time for this blogger. "Look around Phoenix and you see cranes and construction sites, new buildings everywhere. New home construction in Phoenix largely came to a halt during the recession, but land speculation continued. 'In the…
A report from the Buffalo News in New York. "When Brett Barrett's husband got a surgical residency in Buffalo, the couple left Chicago for the Colvin Estates neighborhood of North Buffalo. They closed in May on their new $369,000 Marrano…
A report from the Globe and Mail in Canada. "Vancouver has come in dead last in the latest global ranking of luxury real estate by consultants Knight Frank. Vancouver luxury prices slipped 13.6 per cent in the quarter from a…
A report from CNBC. "Homebuilders and buyers alike are pulling back, even as mortgage rates fall to multiyear lows. Just 12% of adults said they plan to buy a home in the next year, according to the National Association of…
A report from the World Property Journal. "Seattle, Washington, D.C., Honolulu and San Jose--some of the most expensive real estate markets in the U.S.--are among the cities where luxury home prices have dropped the most. In Seattle, home prices for…
A report from the Lethbridge Herald in Canada. "Lethbridge Land released its annual report earlier this week, and the picture it paints of the city’s current home-building slowdown couldn’t be more clear. 'Over the past two years the amount of…
A report from the Bay Area Newsgroup in California. "Foreign buyers have cooled on the U.S. residential home market, dropping investments by more than one-third over the previous year and spending less in expensive California. About one-third of foreign purchases…
A report from the Herald Tribune in Florida. "More Southwest Florida homeowners are struggling to pay their mortgages. The number of residential properties with a foreclosure filing rose 23% as of mid-year in the Sarasota-Manatee region, according to ATTOM Data…
A report from the Berkshire Eagle in Massachusetts. "Single- and multifamily home sales showed modest gains over the first half of the year, according to the Berkshire Realtors. South county has a glut of homes for sale in the $1…
A report from Globe St. "As the cycle continues to mature, apartment developers are seeing more opportunities for ground-up apartment construction in semi-urban or urban-core-adjacent neighborhoods and mid-rise construction. Some capital sources have been concerned about overbuilding in urban core…