It's Friday desk clearing time for this blogger. "In Seattle and King County, home prices in May were down substantially from a year ago. The price of the median home in Seattle dropped 5.4 %, to $784,925, compared to May…
A report from The Times of London in the UK. "A week before the collapse of Lendy, the chief executive of Barclays business banking gave a warning of what might be in store for peer-to-peer lending. Platforms linking ordinary investors…
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…
It's Friday desk clearing time for this blogger. "The global financial outlook 'kinda sucks,' said UC Santa Barbara professor Peter Rupert. This year, because of an 11 percent drop in the median house price, from $718,000 to $655,000, Santa Barbara…
A report from the Star Phoenix in Canada. "Regina’s residential construction industry is experiencing a heavy downturn, with this year’s housing starts on track to be the lowest in 11 years. Jeff Marchigiano, the sales manager for Gilroy Homes, said…
A report from the Globe and Mail in Canada. "As the Toronto real estate market crawls through a slow patch, there is growing anecdotal evidence that some agents are bending and sometimes breaking the rules to drum up business. For…
A report from the Globe and Mail in Canada. "Here’s how Royal Bank of Canada senior economist Robert Hogue sees things: 'If it wasn’t already apparent, March data provided clear evidence that some of Canada’s largest western markets are in…
It's Friday desk clearing time for this blogger. "An Upper East Side mansion finally sold after more than a year on the market and a hefty price reduction. The elegant limestone structure was acquired by an anonymous buyer for $30.1…
A report from Canadian Mortgage Trends. "New data shows that home sales and prices continue to fall in Toronto and Vancouver, with the exception of Toronto condo sales, which have reached a new high. Vancouver condo prices posted their largest…
It's Friday desk clearing time for this blogger. "Real estate experts say the Nashville housing market is cooling. Entry-level inventory is up a whopping 29.5 percent. Zillow economist Skylar Olsen said, 'One of the other things that's nice and why we know things are…