A report from The Real Deal. "A decade-long apartment boom may be coming to an end. Federal data shows that multifamily building permits have declined every month since March, the Wall Street Journal reported. According to the latest Census Bureau…
A report from Bloomberg. "The U.S. housing market has already begun to lose its momentum as rising mortgage rates have cut demand in cities where prices ran too hot for too long, such as Denver, Los Angeles, San Francisco, and…
A weekend topic starting with Multi-Housing News. "Thanks to the lengthy economic expansion, record-low interest rates and solid fundamentals, multifamily has gained wider acceptance on the debt side, and a host of newcomers have flooded the space. Despite a lack…
A report from Mansion Global on New York. "Luxury home sellers in Manhattan are dishing out major discounts to get the deal done. They signed contracts for 21 homes priced at $4 million or more in the week ending Sunday,…
A report from the Tampa Bay Times in Florida. "Construction began on nearly 3,000 homes in the Tampa Bay area in the third quarter of this year but the new-home market shows definite signs of a slowdown. Moreover, 'truly affordable…
A report from Multi-Housing Pro on Colorado. "Average rents in Denver fell by $19 per month in the third quarter of 2018, continuing a three-year trend in rent decreases during the third quarter, according to the Denver Metro Area Apartment…
A report from Bloomberg on New York. "If you want a discount on a Manhattan apartment, you’re in luck. You’ll find them in every neighborhood, with some of the deepest reductions in the priciest areas. 'There is a wave of…
A report from the Orange County Register in California. "Southern California’s housing market may be suffering from a case of 'be careful what you wish for.' It wasn’t too long ago real estate pros said a lack of inventory was…
A report from Mansion Global on New York. "Another week of lackluster dealmaking in Manhattan’s luxury market halted what was becoming a stronger October. Charts from UrbanDigs show real estate deals sunk in September to the lowest level in at…
A report from the Associated Press on California. "Salinas is one of America's least affordable places to live, exemplifying a housing crisis that plagues California's rural and urban areas alike. Salinas families earn a median income of $69,000, while the…