A report from the Daily Mail. "In his three-minute call, Vishal Garg CEO of mortgage lender Better.com Vishal Garg, said that the 'market has changed' - meaning savage cuts to the $7 billion company's workforce were needed to avert disaster.…
A report from the Aspen Times in Colorado. "I met a colleague of mine at an Aspen coffee shop earlier this week. We talked about the recent shift from the non-stop activity for the second summer in a row, to…
A weekend topic starting with the Star Tribune in Minnesota. "Why does Duluth have a housing shortage if the population is barely growing? 'I don't necessarily accept the narrative that Duluth isn't growing given all the complex factors,' said Noah…
It's Friday desk clearing time for this blogger. "In North Texas at least, the chief economist at redfin sees evidence of the market cooling off — at least a little. 'We're already seeing price drops happen. I think sellers have…
A report from the Times of San Diego in California. "Jason Elliott, Newsom’s top advisor on housing and homelessness, was joined on the virtual panel, by Jennifer Svec, legislative advocate for the California Association of Realtors, Assemblymember Buffy Wicks, a…
A report from Spectrum 1 on New York. "Small landlord Karron Graves-Briceño says her whole retirement is wrapped up in the one unit she rents out in Harlem. She says her tenant stopped paying rent nearly a year ago even…
A report from the Tribeca Tribune in New York. "The Downtown Alliance has put numbers to what we see around us: the pandemic’s heavy commercial toll on Lower Manhattan. The Alliance provides data behind a year of reversals to Downtown…
A report from News.com.au. "Living at 432 Park Avenue in New York – one of the wealthiest addresses in one of the tallest residential buildings in the world – should be the epitome of luxury. But residents who have paid…
A report from the Real Deal on Florida. "The real estate wing of New York investment firm Axonic Capital paid $37.3 million in a bulk purchase of 170 units of a 310-unit fractured Doral condo complex. As a fractured condo…
It's Friday desk clearing time for this blogger. "An Upper West Side property that was originally listed at $4.25 million sold in April for $2.2 million, a 48.2% discount. In Brooklyn, a Fort Greene home sold in June for $1.45…