A report from Curbed New York. "A contractor who worked on a lower Manhattan condo tower—which is now leaning slightly—is suing the project’s developer, accusing the firm of cutting corners to curb costs, according to court documents. The 58-story tower…
A report from CNBC on New York. "Manhattan real estate had its worst first quarter since the financial crisis, capping the longest losing streak for sales in over 30 years, according to a new report. The drop stems from an…
A report from CNBC. "A sharp drop in interest rates last week suddenly made millions more borrowers eligible to refinance their mortgages. Appraisals have been an issue in the housing market for buyers and refinancers. Home prices inflated so quickly…
A report from the Post and Courier in South Carolina. "Construction cranes dot the Charleston skyline for new apartment buildings while other complexes rise in the suburbs, and supply is now outpacing demand in the region. The glut of new…
A report from the Wall Street Journal. "The federal agency that insures mortgages for first-time home buyers is tightening its standards, concerned it is allowing too many risky loans to be extended. The Federal Housing Administration told lenders this month…
A report from the Wall Street Journal on New York. "Kushner, the company once led by President Donald Trump’s son-in-law Jared Kushner, is dramatically lowering the price of the last remaining apartment at its Puck Penthouses condo project in New…
A weekend topic starting with National Real Estate Inventor. "The average cap rate in the multifamily sector remained flat at 5.4 percent in the fourth quarter, after falling in previous quarters, according to Barbara Byrne Denham, a senior economist at…
It's Friday desk clearing time for this blogger. "Realtor Kim Trouten said the Charlotte market is starting to shift. Buyers are getting more picky, especially with higher interest rates, and sellers have had to change their expectations, Trouten said. 'They’ve…
A report from the Gananoque Reporter in Canada. "Sales on Calgary’s MLS system in February were down 10 percent from February 2018, while the city-wide benchmark price declined five percent, year over year, to $414,400. If people don’t need to…
A report from the Denver Post in Colorado. "For the first time in seven years, median home prices in metro Denver declined year-over-year, according to a monthly update from the Denver Metro Association of Realtors. 'Buyers are getting more power…