A report from the Financial Post in Canada. "Bill Morneau had been finance minister for only 36 days when he first attempted to do something about runaway housing prices and mortgage debt. He announced in December 2015 that the minimum…
A report from the Real Deal on New York. "The Financial District’s condo supply has surged. And there are still few buyers in sight. The downtown district now holds the most unsold inventory of any New York City neighborhood, with…
It's Friday desk clearing time for this blogger. "Greg McBride, chief financial analyst at Bankrate.com, told Forbes home prices are rising at an 'unsustainable pace' but as supply and demand return to somewhat of a balance, a 'plateauing in prices'…
A report from Arlington Now in Virginia. "As we’re sure you’ve picked up on in recent times, inventory has been tight and houses are not lasting long out there. However, looking at this week’s Just Reduced figures, we’ve eclipsed the…
A report from the Flathead Beacon in Montana. "As an affordable housing general contractor, Layne Massie is struggling to reach his goal of bringing reasonably priced homes to the Flathead Valley. The developer’s home prices have jumped an average of…
A report from Bankrate. "The U.S. housing market is on fire. Double-digit appreciation is the rule. Giddy sellers are sifting through multiple offers. Frantic buyers are forced to pay more than asking prices - sometimes by $100,000 or more. The…
It's Friday desk clearing time for this blogger. "Due to the rising cost of building, there may come a 'day of reckoning.' When a person pays $400,000 for a house that not much earlier was $300,000, 'you're going to be…
A report from Patch New York. "New Yorkers on the hunt for deals on one-bedroom apartments might want to start looking near the closest subway stop. Rents fell around 418 out of 473 stops across the city during the coronavirus…
A report from the Post and Courier in South Carolina. "Put up a 'For Sale' sign, and wait for the cash to roll in. In a real estate market as hot as Greenville, where there’s precious little inventory and many…
It's Friday desk clearing time for this blogger. "'We’ve been seeing outflow from Manhattan into Connecticut, and it has been crazy,' said Cliff Smith, managing partner with The Agency in New Canaan, Connecticut. 'Frankly, everyone is overpaying now, but it’s…