A report from King 5 News in Washington. "KING 5 interviewed five local economists, some who specialize in real estate and others in academia. They weighed in on the possibility of another housing bubble and on the likelihood of a…
It's Friday desk clearing time for this blogger. "The average asking price of homes in the Lakes Region is definitely inflated by the many high-priced waterfront homes that are on the market. Big time! You’d almost think we were in…
A report from Banker and Tradesman on Massachusetts. "Last month, there were 1,716 condominium sales recorded in Massachusetts, according to The Warren Group a 5.8 percent decrease from March 2018. Meanwhile, the median condominium sale price dropped 7.3 percent on…
A report from the Buffalo News in New York. "Rochester developer Robert C. Morgan's problems in Buffalo just got worse. The special loan servicer handling the $27.8 million commercial mortgage on the Raintree Island Apartments in the City of Tonawanda…
A report from the Wall Street Journal on New York. "Amazon.com Inc.’s announcement that it is ditching plans for a corporate headquarters in New York City stunned real-estate speculators, developers and renters who had rushed into the Long Island City…
A report from Bloomberg on New York. "Amazon.com Inc.’s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair -- just months after the euphoria that followed the company’s announcement that…
A report from New York Daily News. "Real estate agents have historically lured people to outer borough nabes like Long Island City in Queens, Williamsburg in Brooklyn and St. George in Staten Island by touting their proximity to Manhattan. But…
A report from the Orlando Sentinel in Florida. "Orlando’s red-hot real estate market may be cooling off. The November real estate report from the Orlando Area Realtors Association shows sales fell 6.9 percent to during the month to 2,575 while…
It's Friday desk clearing time for this blogger. "It was just last spring that home buyers in most of the nation were digging ever deeper into their pockets. And now, suddenly, they’re not. In Seattle, more than half of homes…
A report from CNBC. "Builders warned of a slowdown in home sales. And they were right – except the numbers are even worse than expected. 'This number really sucked,' wrote Peter Boockvar, chief investment officer at Bleakley Advisory Group, noting…