A report from the New York Post. "Better.com became a pandemic darling as city dwellers sought to flee to greener and larger spaces in the suburbs, fueling a boom in the housing market and associated lenders. CEO Vishal Garg laid…
A report from Bloomberg on New York. "Manhattan luxury-home sales had their best week of the year. The second-priciest home to find a buyer was a limestone mansion owned by financier Phil Falcone, at 22 E. 67th St., on the…
A report from WKRN in Tennessee. "A broken deal has left a Murfreesboro couple with a broken dream after a case of iBuying went bad. Zach Griest, Owner of Zach Taylor Real Estate, says his clients are upset, counting on…
A weekend topic starting with BBN Times. "The amount of wealth in an economy should be related to the amount of income. For example, wealth in real estate will be linked to the income that people have available to pay…
A weekend topic starting with WFTS in Florida. "The current market has made it hard to predict how much a house would sell for, which is causing Zillow to lose money. The company currently owns at least 100 homes in…
A report from the Aspen Times in Colorado. "I met a colleague of mine at an Aspen coffee shop earlier this week. We talked about the recent shift from the non-stop activity for the second summer in a row, to…
It's Friday desk clearing time for this blogger. "The streets aren’t being easy on Zillow, which is reportedly losing money on homes it bought to flip, but are instead proving flops. The winners of the real estate fumble include seller…
A report from WTOP. "About 1 million U.S. homeowners with a mortgage are still in some stage of a mortgage payment forbearance program with their lender. The current rate of delinquencies at all stages is 3.5%, and that is historically…
A report from Boca News Now in Florida. "Home values in Boca Raton and Delray Beach dropped precipitously between from the second to third quarter of 2021. According to the Elliman Report prepared by Miller Samuel Real Estate Appraisers, the…
A weekend topic starting with the Globe and Mail. "China’s housing woes have been exposed by the liquidity crisis at Evergrande. The collapse of the company is not being ruled out as Beijing cracks down on the excessive leverage that…