A weekend topic starting with the Associated Press. "While REITs overall are lagging the broader stock market this year, apartment REITs are among the worst-performing. The 15 apartment REITs included in the Nareit index have a negative total return of…
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…
A report from Mortgage News Daily. "Mortgage delinquencies spiked in June and the serious delinquency rate, loans 90 or more days past due but not in foreclosure, reached its highest level in more than five years. CoreLogic predicts that, barring…
A report from Seven Days in Vermont. "Signs of the times were impossible to miss along the Church Street Marketplace in Burlington. 'For lease' signs hung in windows once occupied by retailers. Uncommon Grounds coffeehouse, Half Lounge speakeasy, David's Tea,…
A report from Arlington Now in Virginia. "What a difference a few months can make. We’ve certainly seen the COVID-19 pandemic make its mark on the Just Reduced column. At the beginning of the year we were seeing only a…
A report from the Wall Street Journal. "Corporate travel was the be-all for Mint House Inc., a provider of short-term upscale apartment rentals. As the pandemic hit in March, Will Lucas, the chief executive of the New York-based startup, watched…
A report from the American Statesman in Texas. "Last month, Central Texas housing market expert Charles Heimsath anticipated that sales could plummet by 30% over the next three months, in what typically are among the busiest months for residential real…
A report from the San Francisco Chronicle in California. "Historically, the spring selling season in San Francisco is the most active of the year, with new listings, sales and market prices all climbing steadily out of the mid-winter slowdown. But…
A report from Yahoo Finance. "Homebuilding last month leapt to its highest rate in 12 years, newly released construction data says. But the havoc wrought by last decade’s housing bubble has buyers wondering how to protect themselves if the market…
A report from the Longmont Times-Call in Colorado. "Even as data shows Boulder and its surroundings are experiencing a 'much-needed' housing market correction, the city last week for the fifth straight year landed atop a national finance researcher’s list of…