It's Friday desk clearing time for this blogger. "Kootenai County's housing trend has become a looming menace in the area, but Jennifer Smock of Windermere/Coeur d'Alene Realty, Inc. believes that it is not a bubble waiting to pop. A sign…
A weekend topic starting with Better Dwelling. "The Canadian property bubble was recognized by an unlikely entity — the Canadian government. MP Adam Vaughan dropped the b word this week. Vaughan isn’t just an elected official, but also the Secretary…
A weekend topic starting with The Atlantic. "Advanced by an unholy alliance of cynical property owners and misinformed activists, the argument goes like this: If local governments were to remove the arbitrary zoning barriers that are behind America’s housing shortage,…
It's Friday desk clearing time for this blogger. "Extell Development has sold a sponsor unit at One57 for $16.8 million, 15.4 percent below its last asking price. Extell first listed the condo at about $24 million in July 2020, before…
A weekend topic starting with Morningstar. "Morningstar’s director of research defines an investment as 'an expenditure that can reasonably be determined to have a positive expected return,' whereas speculation 'occurs when the return is too uncertain to be estimated, or…
A report from the Pahrump Valley Times in Nevada. "Home prices were on the rise in Southern Nevada, including in Pahrump, in March. 'The pandemic has contributed to the supply shortage due in part to homeowners being out of work,…
A report from CNBC. "The Federal Reserve now owns more than a third of the agency mortgage-backed securities, or MBS market. At the start of 2019, the Fed held $1.6 trillion in agency MBS. It tapered that down to $1.37…
A weekend topic starting with News 10 in Oregon. "J.J. Kramer a realtor with John L Scott, said he does not believe that price increases and bidding are perpetuated by realtors. 'The market speaks, it doesn't really have anything to…
A report from Realtor.com. "The residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. 'The very nature of the pandemic, through the health implications, social…
A report from Politico. "The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers. The current pace of home price appreciation is unsustainable, they say. 'I am worried that the price…