It's Friday desk clearing time for this blogger. "'The slow-down in the New York market can be attributed to the glut of high-end apartments in New York City, which have sat longer on the market as foreign investments in New…
A report from the Coeur d'Alene Press in Idaho. "'In every year since 2013, home prices in Kootenai County have grown significantly faster than wages,' said Samuel Wolkenhauer, Region 1 economist for the Idaho Department of Labor. 'It’s important to…
A report from the New York Times. "Prices for ultraluxury condos in New York have been declining since peaking in 2016, according to StreetEasy. The site found a mismatch between decisions by developers to keep building bigger, better condos and…
It's Friday desk clearing time for this blogger. "With a real estate market with a glut of inventory, it takes more than an open house with cookies or cocktails to sell a property. To market a unit at mega-tower 432…
A report from 27 East in New York. "A court has ordered the sale of Ponquogue Point, the bankrupt condominium project on Foster Avenue in Hampton Bays that stalled when it was near completion. Construction began in 2014. The launch…
A report from the Seattle Times in Washington. "Home prices in Seattle and the surrounding counties took a dip of 1.3% in June compared to last year, according to the latest datafrom the S&P CoreLogic Case-Shiller home price index. The…
A report from the Wall Street Journal. "The next time you buy a house, your lender might deploy a drone and a computer algorithm to size up the property instead of a tape-measure-toting human appraiser. Federal regulators are moving to…
It's Friday desk clearing time for this blogger. "Look around Phoenix and you see cranes and construction sites, new buildings everywhere. New home construction in Phoenix largely came to a halt during the recession, but land speculation continued. 'In the…
A report from the Herald Tribune in Florida. "More Southwest Florida homeowners are struggling to pay their mortgages. The number of residential properties with a foreclosure filing rose 23% as of mid-year in the Sarasota-Manatee region, according to ATTOM Data…
A report from the Berkshire Eagle in Massachusetts. "Single- and multifamily home sales showed modest gains over the first half of the year, according to the Berkshire Realtors. South county has a glut of homes for sale in the $1…