A report from Buffalo News in New York. "DHD Ventures, the Rochester-based developer that built the Monarch 716 student-housing complex near SUNY Buffalo State, has lost possession of its sprawling 15-month-old property on Forest Avenue. A state Supreme Court justice…
A report from The Real Deal. "A decade-long apartment boom may be coming to an end. Federal data shows that multifamily building permits have declined every month since March, the Wall Street Journal reported. According to the latest Census Bureau…
A report from Bloomberg. "The U.S. housing market has already begun to lose its momentum as rising mortgage rates have cut demand in cities where prices ran too hot for too long, such as Denver, Los Angeles, San Francisco, and…
A report from the Denver Post in Colorado. "After hitting severe turbulence and taking a dive in September, metro Denver’s housing market stabilized at a lower altitude in October, according to the Denver Metro Association of Realtors. Agents report more…
From KDVR in Colorado. "Experts said Denver's housing prices are down about 4 percent this fall, part of a seasonal market compression customary for this time of year. Kelly Moye with the Colorado Association of Realtors said Denver's housing market…
A report from Multi-Housing Pro on Colorado. "Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter, according to the Denver Metro Area Apartment…
A report from Bloomberg on New York. "If you want a discount on a Manhattan apartment, you’re in luck. You’ll find them in every neighborhood, with some of the deepest reductions in the priciest areas. 'There is a wave of…
A report from Mansion Global on New York. "Another week of lackluster dealmaking in Manhattan’s luxury market halted what was becoming a stronger October. Charts from UrbanDigs show real estate deals sunk in September to the lowest level in at…
A report from the Denver Post in Colorado. "Home sales aren’t just slumping big in metro Denver, they are dropping across much of Colorado and in what were some of the hottest markets in the country. Year-over-year single-family home sales…
It's Friday desk clearing time for this blogger. "Denver epitomizes the slowdown taking hold this year in the nation's housing market. Until summer, broker Van Lewis in Aurora, Colo. was having his best year ever. Since then, he says, monthly…