It's Friday desk clearing time for this blogger. "Bryant Vayhinger, president of the Colorado Association of Real Estate Appraisers, is not exactly popular these days. 'We're providing a service, but our service is to the banks. That's a misconception a…
A weekend topic starting with the Los Angeles Times. "The textbooks say that the securities markets exist to facilitate raising capital so that companies can thrive. In today’s investment world, that notion seems almost quaint. Business news pages and cable…
A report from the Financial Post in Canada. "Bill Morneau had been finance minister for only 36 days when he first attempted to do something about runaway housing prices and mortgage debt. He announced in December 2015 that the minimum…
Part two of the weekend topic, starting with Intellinews on Russia. "Almost as soon as the double whammy of the coronavirus (COVID-19) pandemic and a concurrent collapse in oil prices hit Russia’s economy last March, the government reacted by introducing…
A weekend topic starting with the Powell Tribune in Wyoming. "By the summer, the market was heating up — and it never slowed down. Today, the housing inventory in Powell is at lower levels than anyone can remember. John Parsons,…
A weekend topic starting with Better Dwelling. "The Canadian property bubble was recognized by an unlikely entity — the Canadian government. MP Adam Vaughan dropped the b word this week. Vaughan isn’t just an elected official, but also the Secretary…
It's Friday desk clearing time for this blogger. "Extell Development has sold a sponsor unit at One57 for $16.8 million, 15.4 percent below its last asking price. Extell first listed the condo at about $24 million in July 2020, before…
A report from Better Dwelling in Canada. "A Canadian official in charge of housing policy confirmed the current market is not an accident. Instead, it’s a conscious decision where the government picked the winners and losers. TVO aired an interview…
A weekend topic starting with Morningstar. "Morningstar’s director of research defines an investment as 'an expenditure that can reasonably be determined to have a positive expected return,' whereas speculation 'occurs when the return is too uncertain to be estimated, or…
A weekend topic starting with KCRG in Iowa. "Chelsie Brown, from Cedar Rapids, is one of many people looking to buy a home in a challenging market. One obstacle she’s run into, and that she’s had to increase her budget…