It's Friday desk clearing time for this blogger. "Here are some of my observations from Mortgage Bankers Association convention I attended in Austin last month. One exhibit hall lender offered primary residence mortgages void of any income information or any…
A report from Bisnow. "A strong jobs report, the stock market performing at record highs and low interest rates continue to fuel U.S. commercial real estate’s prolonged growth cycle. But overall economic growth has fallen as the year progresses, raising…
A report from the Douglas Digital Daily in California. "Forget what’s fashionable in floor plans, decor or color palettes. This year’s hot housing flavor is something every house hunter can agree upon: a price discount. It’s no blip. The frequency…
A report from Forbes. "Knock forecasts savings for home buyers which in several desirable areas. Sean Black, Knock.com’s CEO talks about the research findings. 'Deals are slowing more than we thought. That's good news for buyers. It’s taken some time…
A report from Bloomberg. "Residential starts fell 9.4% to a 1.26 million annualized rate on weakness in the multifamily category after an upwardly revised 1.39 million pace in the prior month, according to government figures released Thursday that missed estimates in…
A report from Crain's New York Business. "While foreclosure activity decreased in three out of five boroughs during the third quarter of 2019, Staten Island saw a surge of 183% year-over-year, according to PropertyShark. Foreclosure cases in Staten Island went from…
It's Friday desk clearing time for this blogger. "An American developer is looking to attract the international buyers who would have previously looked to Vancouver. The Spire was originally going to be a rental tower, which has been the trend…
A report from the Seattle Times in Washington. "Every year, the Urban Land Institute and the consultancy PwC publish their Emerging Trends in Real Estate report. 'As this economic cycle entered the history books as the longest in U.S. history,…
It's Friday desk clearing time for this blogger. "We are entering new territory when it comes to home sales by the Bay East Association of Realtors. According to data from 34 East Bay cities, many of them had more homes…
A report from the Philadelphia Inquirer in Pennsylvania. "Sales in Philadelphia, declined 15.4% from the year before, though they remain much higher than the historic average. 'I haven’t noticed any acute response or panic from the market — no one…