A report from the New York Times. "Prices for ultraluxury condos in New York have been declining since peaking in 2016, according to StreetEasy. The site found a mismatch between decisions by developers to keep building bigger, better condos and…
A report from Summit Daily in Colorado. "Summer and early fall are often the busiest times for real estate in Summit County. But with national news predicting an economic recession paired with a downturn in Denver’s real estate market, Summit…
A report from 27 East in New York. "A court has ordered the sale of Ponquogue Point, the bankrupt condominium project on Foster Avenue in Hampton Bays that stalled when it was near completion. Construction began in 2014. The launch…
A report from Curbed San Francisco in California. "Earlier this month, UCLA’s Anderson School of Management and law firm Allen Matkins released their survey of California developers and found that those with a stake in building housing are feeling gun…
A report from the Wall Street Journal. "New York’s high-rise developers may soon lose a popular source of cheap funding. U.S. immigration authorities published on Wednesday a new rule that will make it tougher for real-estate developers to fund their…
A report from Boston Agent Magazine in Massachusetts. "The number of single-family homes sold in the Greater Boston area in June fell compared to the same month last year. Homes are also sitting on the market longer and price cuts…
A report from the Wall Street Journal. "U.S. home sales slumped in June as home prices for major West Coast cities declined for the first time since 2012, ending the spring selling season with a thud. 'Prices have dropped in…
A report from the Wall Street Journal. "Foreign purchases of U.S. homes have dropped by half over the last two years, a fresh blow to the top end of the market in New York City, Miami and cities in California.…
A report form the Orange County Register in California. "April was the second straight month L.A. County house prices failed to beat inflation. Orange County price gains have been below the inflation rate since November. Orange County house prices were…
It's Friday desk clearing time for this blogger. "'California has some of the highest taxes — the highest [priced] housing in the country,' said Jonathan Miller, CEO of Miller Samuel. 'So what you're seeing first is... a slowdown in sales…