While Supply Rose, Demand Plummeted
A weekend topic starting with Curbed New York. "Since it took off about a decade ago, the co-living industry has gone to great lengths to sell an image of communal bliss. If you were a minor player with a master…
How Many People Have Gone To Jail As A Result Of The Panama Papers?
A report from the Globe and Mail in Canada. "Rohana Rezel is on a mission to shine light on Vancouver’s hidden real-estate market. Mr. Rezel, a senior software architect, is also one of a small group of citizen researchers who’ve…
The Same Force Leading To New Supply Reduces The Ability Of Buyers To Keep Interested
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…
Sellers Will Just Have To Accept A Lower Price
A weekend topic starting with Toronto Life. "Alexander Evans, a 39-year-old real estate agent, bought an $869,000 one-bedroom-plus den at Richmond and Bathurst in December—and saved more than $60,000 in fees and taxes. 'In August 2020, I helped a client…
A Brief Squint At The Sun Before Falling Back Down To Earth
A report from Surf Santa Monica in California. "It is the second year in a row that Santa Monica's 90402 is ranked as the third-priciest zip in the nation, although the median price was 10 percent below 2019's pricing levels,…
Left Holding The Bag, They May Walk Away Or File Bankruptcy
It's Friday desk clearing time for this blogger. "Channing Tatum and Jenna Dewan have finally listed their Beverly Hills marital home for $6 million, setting themselves up to face a monetary loss. The former couple initially purchased the home back…
For Many People, These Just Become A Noose Around Their Neck
A report from NBC News. "It's a red-hot real estate market — so why are home sales plunging? 'Given the housing shortage and strong demand — there's nothing to suggest home prices will be falling,' National Association of Realtors chief…
The Dutch Had A Similar Lolly Scramble Didn’t They?
A weekend topic starting with the Vancouver Sun. "'If we can find a bunch of billionaires from around the world to move here, that would be a godsend. Because that’s where the revenue comes to take care of everybody else.'…
Oh! Somebody Wants Our Money! Please Take It From Us
It's Friday desk clearing time for this blogger. "Bryant Vayhinger, president of the Colorado Association of Real Estate Appraisers, is not exactly popular these days. 'We're providing a service, but our service is to the banks. That's a misconception a…
What Changed, Predictably, Was Everything, But Not All At Once
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…