A weekend topic starting with Realtor.com. "In today’s wild housing market, it may seem that the only successful homebuyers are either uber-rich or now house poor after spending everything they had on an overpriced home. In the Los Angeles metropolitan…
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…
A report from CTV News in Canada. "Ari Newman has called Vancouver’s Strathcona neighbourhood home for the last three years, but that’s about to change. 'It’s been an increasingly bad experience living in Strathcona,' he told CTV News. 'I’m seeing…
A report from TRNTO in Canada. "According to Toronto Regional Real Estate Board, the number of condo rental units on the market in the second quarter was up 42 per cent compared to the same period last year. Prices in…
A report from the Australian Financial Review. "Apartment rents nationally recorded their biggest price drop in more than 15 years, with the rental markets in most capital cities suffering from the impact of COVID-19 over the June quarter. 'For the…
It's Friday desk clearing time for this blogger. "It was already going to be a challenging spring in Manhattan, where prices are down about 20 percent from the peak in 2016 amid a glut of luxury condos. In a small…
From ABC News in Australia. "When Michael Neal found a house he wanted to buy in the Blue Mountains mid last year, he jumped on it. He purchased the home before selling the one he already owned. At that point…
A weekend topic starting with the Wall Street Journal. "More than 600,000 small businesses were created in Airbnb’s inaugural year, according to the U.S. Bureau of Labor Statistics. Half of them were out of business within five years. Only one-third…
A report from Nine News in Australia. "A new report by the Housing Industry Association revealed home affordability is at its best since 1999. However, Nine Finance Editor, Ross Greenwood, urges caution. 'Bear in mind it’s the housing industry telling…
A report from 9 News in Australia. "The Opal Tower in Sydney was sold as luxury living, the best money could buy. Potential buyers understandably believed that with the backing of the State Government they had nothing to fear. Just…