It's Friday desk clearing time for this blogger. "A wave of foreclosures is likely coming that will hit low-income homeowners. As of August, over 10% of the eight million single-family mortgages backed by the Federal Housing Administration were delinquent by…
A report from CTV News in Canada. "Ari Newman has called Vancouver’s Strathcona neighbourhood home for the last three years, but that’s about to change. 'It’s been an increasingly bad experience living in Strathcona,' he told CTV News. 'I’m seeing…
A report from CBC News in Canada. "Owners of condo units in Fort McMurray's troubled Hillview Park complex are worried about paying their bills after being hit with special assessments of up to $76,000. It's the third special assessment charged…
A report from Toronto Life in Canada. "When the pandemic hit, Christine Morra was forced to shut down her Blue Mountain Airbnb rental. We spoke to her about adjusting to the new normal. 'In 2017, we bought a two-bedroom condo…
A report from the Vancouver Sun. "'Forget Canada. We’ll go somewhere else.' That’s what West Vancouver realtor Nicole Lee says many rich clients from Asia are telling her now that B.C. has brought in a foreign-buyers tax on housing, along…
A report from CTV News in Canada. "Still out of reach for most Canadians, high-end houses and apartments in both Western Canadian cities saw drops in their median prices over a recent 12-month period, according to Royal LePage. 'The last…
A report from the Wall Street Journal. "China’s home-price growth slowed to an 18-month low in January, but it looks set to fall a lot further as Beijing’s long-running attempts to rein in the property market meet with effects from…
It's Friday desk clearing time for this blogger. "The figures from the Greater Boston Association of Realtors point to a market that, while certainly pricey, is significantly less frenzied than it was a year or two ago, when buying a…
A report from the Globe and Mail in Canada. "1225 Barclay St., No. 802, Vancouver. Listing price: $1.388-million. Selling price: $1.160-million. Previous selling price: $1,230,000 (2018). The sellers had purchased the condo as a flip, but after completing major renovations,…
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…