A report from the Salt Lake Tribune. "Utah’s housing crisis may be more about shrinking paychecks than a shortage of homes. 'No matter where you go, there is a significant percentage of the population that are having housing insecurities due…
A report from the Wall Street Journal. "More than a year into the pandemic, high-rise office buildings are largely empty. About one of every two hotel rooms is unoccupied. Malls are struggling to attract shoppers. And yet by most measures,…
A report from Boston 25 News in Massachusetts. "Despite this persistent rise in prices, UMass Boston economics professor Keren Horn, doesn’t believe this is a bubble. Horn has been looking at the types of transactions taking place. 'I really don’t…
A report from ABC News in Australia. "There is a construction boom taking place around the world, as governments look to build themselves out of the pandemic's economic woes. Master Builders chief executive Denita Wawn said the federal government's HomeBuilder…
A report from Bloomberg. "Landlords have struggled to attract tenants throughout a pandemic that's kept New Yorkers working from home. Apartment owners lowered rents and offered perks such as free months and gift cards - yet they still saw the…
A weekend topic starting with the Los Angeles Times. "The textbooks say that the securities markets exist to facilitate raising capital so that companies can thrive. In today’s investment world, that notion seems almost quaint. Business news pages and cable…
It's Friday desk clearing time for this blogger. "Stacy Levey, a real estate broker who primarily sells in Westchester County, New York, says the bidding wars this time around are different from boom times past. One of her clients paid…
A report from Mansion Global. "The New York City apartment of the late Broadway producer James M. Nederlander has closed for more than $11 million after selling at auction earlier this year. The sale closed about two weeks ago for…
A report from the Financial Post in Canada. "Bill Morneau had been finance minister for only 36 days when he first attempted to do something about runaway housing prices and mortgage debt. He announced in December 2015 that the minimum…
A report from Mansion Global. "Q: For those who don’t have context, where was the Greenwich market before the pandemic began in March 2020? Greenwich, Connecticut-based developer Steve Schacter: The market was fairly down, especially the high-end part of the…