Two reports from the Wall Street Journal. "Even with recent gains, more jobs have been lost—nearly 11 million—than were cut in the wake of the 2007-09 recession, when 8.7 million were eliminated. Economic production, despite a sharp bounce-back in the…
A report from the Pioneer Press in Minnesota. "Taylor Swartwood bought a small apartment building off Rice Street a few years ago for $157,000. He’ll pay $4,500 in total property taxes (city, county, school district and special taxing districts) and…
A report from the Los Angeles Times in California. "In downtown Los Angeles, rent for a 566-square-foot one-bedroom at the Eighth and Grand luxury apartments would have set you back at least $2,286 at the end of January, according to…
A report from Curbed New York. "During what would have normally been the busiest season for rentals, new listings are flooding the market to far less demand. July saw 30 percent more rental listings across the city but 35 percent…
Two reports from the Wall Street Journal. "Brookfield Property Partners is canceling plans to redevelop a former Vermont mall as an office and residential development, a sign that the slumping economy could be upending the firm’s strategy of buying and…
A report from Commercial Property Executive. "The expectation among many in the commercial real estate field is that commercial mortgage lenders are actively looking to make new loans, or refinance existing loans, at very low rates to match. This is…
A weekend topic starting with Senior Housing News. "Senior housing capital markets remain unstable. Titan SenQuest Management CEO Kevin Kaseff believes that, while the pandemic hastened a bear market, this is actually the beginning of a market correction. 'This [looks…
A weekend topic starting with the Wall Street Journal. "Pension giant California Public Employees’ Retirement System is projecting malls will lose some of their value in the second quarter, according to an internal estimate. The investment chief of the Chicago…
A report from WBAL TV in Maryland. "Brian Coleman, a senior home loan consultant with Main Street Home Loans, said average mortgage and refinance rates are under 3%. 'It's helping people with their purchasing power -- you can afford a…
A report from News 3 Las Vegas in Nevada. "Tom Blanchard, President of Las Vegas Realtors, dismisses any speculation that the Las Vegas real estate market is headed for a bubble. 'There is no bubble,' Blanchard said, 'We are still…