A report from the Santa Fe New Mexican. "'So, what do you make of this housing bubble?' I am occasionally asked. In 2007, I obtained a 'no doc' loan. Then came the crash of October 2008. Almost overnight, the value…
It's Friday desk clearing time for this blogger. "The epic housing shortage that began before the pandemic and then was exacerbated by it may finally be starting to ease up. More supply is suddenly coming on the market. In June,…
A report from DS News. "An estimated two million homeowners remain in forbearance plans. By stage, 10.7% of total loans in forbearance were in the initial forbearance plan stage, while 83.1% were in a forbearance extension, and the remaining 6.2%…
A weekend topic starting with Curbed New York. "Since it took off about a decade ago, the co-living industry has gone to great lengths to sell an image of communal bliss. If you were a minor player with a master…
A report from 9 News in Colorado. "In many of the nation’s top housing markets, including Colorado, roughly one in five houses sold is now bought by someone who never moves in. 'The fear is that the larger, corporate investors…
A report from Mansion Global. "Prices have soared as demand significantly outclips supply. But amid all the excitement, more contracts are also falling through, and many prospective buyers are placing offers sight-unseen, only to back out later. 'There is a…
A report from the Real Deal on Florida. "Ken Griffin has left Faena House. The CEO of Chicago-based Citadel sold his remaining penthouse at the ultra-luxury Miami Beach condo building, a three-bedroom, 4,243-square-foot unit, for $11.2 million. Griffin paid $60…
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…
A weekend topic starting with NBC DFW. "Invitation Homes CEO Dallas Tanner told CNBC he believes the U.S. housing market is 'extremely healthy' right now. 'I would expect that home prices stay relatively stable, if not continue to grow in…
It's Friday desk clearing time for this blogger. "Contrasted with the relatively healthy real estate market of May 2019, single-family sales were down 9.7 percent in Massachusetts last month. 'You have to go all the way back to 2015 to…