A report from Boston.com in Massachusetts. "'The Boston condo market is a great example of what’s happening nationally,' said Kiernan Middleman, an agent with Berkshire Hathaway HomeServices Warren Residential. Buyers are simply leaving the city and heading to the suburbs.'…
A report from the Wall Street Journal. "Signs of stress in New York City’s commercial properties are fueling investor bets that trouble in the nation’s largest real-estate market could spread pain nationwide. 'Distress in financial markets was all about residential…
A report from People Magazine. "San Francisco has seen a massive drop in apartment rental prices, a new report shows. Many other big cities across the country are seeing similar trends. According to Bloomberg, studio rents in Manhattan fell 15…
A report from National Mortgage Professional. "'Four months into the pandemic, the 120-day delinquency rate for July spiked to 1.4%,' said Dr. Frank Nothaft, chief economist at CoreLogic. 'This was the highest rate in more than 21 years and double…
A report from Arlington Now in Virginia. "The number of condos listed for sale in Arlington during September (261) ranks as the 2nd most in any month over the last 10+ years, trailing a record-setting April 2016 volume (268) by…
A report from Bisnow New York. "Meridian Capital Group Senior Executive Managing Director David Schechtman noted he is working on a 'broken' condominium deal in Brooklyn upon which there is a $65M senior secured mortgage with $25M of equity behind…
A report from the San Francisco Chronicle in California. "HubHaus, a venture-backed startup in the burgeoning new field of 'dorms for grownups,' has imploded, stranding hundreds of renters and homeowners, mainly in the Bay Area. The 4-year-old Los Altos company,…
It's Friday desk clearing time for this blogger. "Oh, how the mighty have fallen. San Francisco saw the biggest year-over-year drop in rental costs in September, but Boston wasn’t far behind, according to Zumper. The median price for a one-bedroom…
A report from Seattle PI in Washington. "Seattle condos are breaking records – well, it is not necessarily a good thing. Politics, protesting, poor city governance and the Coronavirus-epidemic have all contributed to a 130% increase in Seattle condos for…
A report from the Port Charlotte Sun in Florida. "Matthew Harden turned himself in to law enforcement Monday in Hamilton County, Florida. Harden, 53, and his partner Stephen Dukes, 47, owned the now-defunct HD Custom Homes in Englewood. Charlotte County…