A weekend topic starting with Kyodo News. "Skyrocketing property prices in South Korea are leaving ordinary people struggling to find affordable housing, especially in the capital Seoul and surrounding areas. A survey showed that the price has come close to…
A report from the Real Deal on Florida. "Ken Griffin has left Faena House. The CEO of Chicago-based Citadel sold his remaining penthouse at the ultra-luxury Miami Beach condo building, a three-bedroom, 4,243-square-foot unit, for $11.2 million. Griffin paid $60…
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…
A weekend topic starting with NBC DFW. "Invitation Homes CEO Dallas Tanner told CNBC he believes the U.S. housing market is 'extremely healthy' right now. 'I would expect that home prices stay relatively stable, if not continue to grow in…
It's Friday desk clearing time for this blogger. "Contrasted with the relatively healthy real estate market of May 2019, single-family sales were down 9.7 percent in Massachusetts last month. 'You have to go all the way back to 2015 to…
A report from the San Francisco Chronicle in California. "San Francisco’s pandemic-battered condo market bounced back with a vengeance this spring, scoring its busiest three-month period in at least 16 years as vaccinated buyers rushed back into the city to…
A report from the Beacon Online in Florida. "Volusia County’s overall property values and the tax base have reached new record highs. The real estate market and the tax base are rising, despite the coronavirus pandemic. 'Hotels were hurt. Restaurants…
A weekend topic starting with WFAA in Texas. "In the last 12 months, realtors have seen some home values go up 50% in certain areas — almost 10 to 15 times the normal rate. Dallas realtor Courtney Michalek told WFAA…
A report from Reuters. "Federal Reserve Bank of Richmond President Thomas Barkin on Tuesday said surging home prices are being driven by a jump in demand and constrained supply but not by excess leverage, reducing the potential risk to the…
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…