A report from the Globe and Mail. "It was Mar. 27, 2020, and the central bank had just unveiled a plan to buy Canadian government bonds at the astounding pace of at least $5-billion a week. 'Some may suggest this…
It's Friday desk clearing time for this blogger. "Amarillo Association of Realtors Board Member, Cindi Bulla, expressed that the biggest challenge right now in this market, including in Amarillo, is inventory. She continued to explain, 'By those people who are…
A report from WTMJ in Wisconsin. "Shorewest realtor Essam Elsafy is counseling his clients through this frenzied housing market. He says acting fast is a necessity. He shared a conversation he recently had with house hunters. 'We saw a house…
A report from Fox Business. "Florida, it turns out, isn’t for everyone. But you would never know it from the PR coming out of the state. David Lowe, sold his longtime home outside Sarasota, Fla., in 2019 for $375,000 and…
A report from Politico. "The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers. The current pace of home price appreciation is unsustainable, they say. 'I am worried that the price…
A report from the Wall Street Journal on New York. "Manhattan landlords are pulling unrented apartments off the market at an unusually elevated rate, tightening inventory while rents are low and, in some neighborhoods, still falling. Building owners removed 1,814…
It's Friday desk clearing time for this blogger. "A West Village townhouse that was once home to film star Will Smith is on the market for $12.5 million. That’s quite a hit, considering the buyer paid $13.82 million for the…
A report from Bloomberg on New York. "Manhattan’s priciest apartment contracts last week had one thing in common: The sellers lost money. Owners who bought at the peak of Manhattan’s luxury condo frenzy just a few years ago are seeing…
A report from Market Watch. "Like floodwater, mortgage bond losses flow from the bottom up. But with today’s compressed bond yields and an uncertain backdrop for commercial properties, Daniel McNamara, principal at a hedge fund that’s been in the spotlight…
A report from the New York Post. "The best deals are to be found in Northwest Queens, where rent prices are down 17%, matching discounts in Manhattan — but in Queens, apartments were cheaper to begin with. Landlords are offering…