A report from Bisnow on California. "While 2019 represents a bounceback year for housing completions in San Francisco, this year's number of groundbreakings tells a much different story. Through the first three quarters, construction starts on market-rate multifamily units are…
A report from KCRA in California. "California is at the epicenter of a housing crisis. Thousands of people are fleeing the state, and many of them say they can no longer afford to live here. But today there’s help, and…
A report from the New York Post. "The Long Island mansion from the 1986 flick 'The Money Pit' has become a real-life money pit. This Nassau County home has sold for $3.5 million after five years on the market. That’s…
A report from the Wall Street Journal on New York. "Two New York landlords with large portfolios of rent-regulated apartments are behind on payments on more than $200 million in real-estate loans, a sign that new state rent laws are…
A report from The Real Deal on Florida. "For the first owners of a two-bedroom luxury condo on the 36th floor of Rise, one of two new luxury towers at Brickell City Centre, buying at a preconstruction price turned out…
A report from CBC in Canada. "Since the spring, sentiment around real estate has improved. Interest rates have been dropping and prices have adjusted downwards. Those buying in the luxury market in 2017 were often foreign buyers and that market…
A report from Bisnow on Texas. "Real estate investors and developers surveyed for a PwC and Urban Land Institute study still view Dallas-Fort Worth as a Top 10 U.S. real estate investment market even though the region plummeted from the…
A report from The M Report. "The U.S. Census Bureau’s New Residential Construction Survey found that while building permits grew in July by 8.4%, housing starts fell 4% in July to 1.91 million. Odeta Kushi, Chief Economist for First American…
It's Friday desk clearing time for this blogger. "The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly decline since July 2013. The…
A report from Bloomberg. "Last month, a risky, new deal hit the municipal-bond market. It came from a small borrower in Colorado that was looking to finance the construction of 1,200 luxury homes in the foothills of the Rocky Mountains.…