A report from the Australian Financial Review. "Dixon Advisory's ailing US property fund has told investors it is writing down the value of its assets by up to 30 per cent, blaming a weak New York real estate market, development…
A report from the San Francisco Chronicle in California. "The Bay Area just said goodbye to a decade when real estate prices soared to astronomical heights. The 2010s were marked by $1 million fixer-uppers and bidding wars, and many homeowners…
A weekend topic starting with Catalyst. "There’s an apparent contradiction in urban America’s real estate market. On one hand there’s a general housing shortage, namely of affordable workforce housing. But there are lots of luxury condos that get built and…
It's Friday desk clearing time for this blogger. "According to an ATTOM Data Solutions report buying a home is more affordable than renting in 53% of the U.S. housing markets. 'The current market here in Bakersfield for renters is a…
A report from the Wall Street Journal. "In mid-November, bond investors got an unwelcome surprise from one of the main ratings firms in a hot corner of the bond market: About 25% of the bonds that it had rated were…
A report from Multi-Housing News. "'It’s a great time to be a quality sponsor,' Stephen Rosenberg, CEO of Greystone, told Multi-Housing News. 'Right now, the market is extremely frothy and awash with capital. While Greystone hasn’t loosened its underwriting standards…
A report from Hawaii News Now. "While December went out with a bang, the median sales price for a single-family home in 2019 ― $789,000 ― was down .1% from the year before. It was the first decline in the…
A report from the Los Angeles Times in California. "Neal Baer, the pediatrician-turned-TV-writer is asking less than he paid for his Brentwood home. The charming Midcentury just hit the market for $3.35 million — or $150,000 shy of what he…
A report from the East Hampton Star in New York. "There is already evidence of a real estate slump in the United States. The average price of luxury home sales is falling, as is the number of sales. Long Island…
A report from The Real Deal on New York. "It was one of many signs last year that a growing number of New York City condo developers are on borrowed time. Bank OZK had committed $108 million to finance a…