A report from the Jamaica Observer. "Real Estate Broker, Anya Levy, is cautioning financial institutions about irresponsible lending. Levy pointed to one mortgage institution, which she did not name, which is offering mortgages of 110 per cent a reckless undertaking…
A report from the Wall Street Journal. "New York’s high-rise developers may soon lose a popular source of cheap funding. U.S. immigration authorities published on Wednesday a new rule that will make it tougher for real-estate developers to fund their…
A report from Forbes. "Knock’s 'top ten markets with the most current listings predicted to sell below original list prices' include in descending order Miami, Chicago, Hartford, Houston, New Orleans, Tampa, Pittsburgh, New York, Jacksonville, and St. Louis. In Miami,…
A report from CNBC. "Last year, about 43,000 single-family homes were built for rent, the largest number in nearly 40 years according to National Association of Home Builders analysis of U.S. Census data. The built-for-rent share of housing starts is…
A report from the Marin Independent Journal in California. "Marin’s slump in sales was mirrored throughout the Bay Area. CoreLogic said. Across the Bay Area, sales fell 12.6% in June. The region’s median home price in June was $855,000, down…
It's Friday desk clearing time for this blogger. "Year-over-year median sale prices for existing homes fell 5.9% in Santa Clara County, 3.2% in Alameda County and 1.5% in San Francisco in May, according to CoreLogic. 'After several years — six,…
A report from Domain News in Australia. "Perth house prices have continued to tumble, falling 2 per cent to $528,200 in the June quarter, new figures show. The city’s median house price is now 14 per cent below its 2014…
A report from Boston Agent Magazine in Massachusetts. "The number of single-family homes sold in the Greater Boston area in June fell compared to the same month last year. Homes are also sitting on the market longer and price cuts…
A report from the Orlando Sentinel in Florida. "More Central Floridians are taking out zero-down loans to buy a home. 'We didn’t have to put $30,000 down on a house, but you still get the house you want,' said Christina…
A report from the Wall Street Journal. "U.S. home sales slumped in June as home prices for major West Coast cities declined for the first time since 2012, ending the spring selling season with a thud. 'Prices have dropped in…