A report from the Los Angeles Times in California. "If you’re falling behind on rent, don’t just wait for consequences. Your landlord may be open to negotiation. 'Residents shouldn’t hesitate to reach out to their housing provider,' agreed Fred Sutton,…
A report from the South Florida Business Journal. "The Related Group proposed a 37-story apartment building with no on-site parking in downtown Miami. There’s an over-supply of condos on the market in downtown Miami and condo sales have slowed during…
A report from Boston.com in Massachusetts. "'The Boston condo market is a great example of what’s happening nationally,' said Kiernan Middleman, an agent with Berkshire Hathaway HomeServices Warren Residential. Buyers are simply leaving the city and heading to the suburbs.'…
A report from the Herald Tribune in Florida. "The good news: foreclosure activity has fallen to historic low levels in the Sarasota-Manatee region. The bad: more local homeowners are falling behind on their mortgage payments, a troubling sign that foreclosure…
A report from the Wall Street Journal. "Signs of stress in New York City’s commercial properties are fueling investor bets that trouble in the nation’s largest real-estate market could spread pain nationwide. 'Distress in financial markets was all about residential…
A report from People Magazine. "San Francisco has seen a massive drop in apartment rental prices, a new report shows. Many other big cities across the country are seeing similar trends. According to Bloomberg, studio rents in Manhattan fell 15…
It's Friday desk clearing time for this blogger. "The number of active listings in the Northern Virginia Association of Realtors region at the end of September was down 5.6% from a year ago, but an encouraging sign for potential buyers…
A report from National Mortgage Professional. "'Four months into the pandemic, the 120-day delinquency rate for July spiked to 1.4%,' said Dr. Frank Nothaft, chief economist at CoreLogic. 'This was the highest rate in more than 21 years and double…
A report from Arlington Now in Virginia. "The number of condos listed for sale in Arlington during September (261) ranks as the 2nd most in any month over the last 10+ years, trailing a record-setting April 2016 volume (268) by…
A report from USA Today. "The housing market has been booming during the COVID-19 crisis, but America’s cities are taking it on the chin. Big cities like New York and San Francisco, in particular, are struggling with falling prices. 'Since…