A report from the Orange County Register in California. "Chapman University economist Jim Doti sees no housing bubble to burst in Orange County. He explains that local housing prices — easily double national benchmarks — are 'economically rationale given the…
It's Friday desk clearing time for this blogger. "An Upper East Side townhouse that was once home to the late fashion designer Oleg Cassini is now facing foreclosure. The case comes as authorities orchestrate a fire sale of Cassini’s assets.…
A report from the Wall Street Journal. "Companies such as Opendoor aim to bring Wall Street-style efficiencies and Silicon Valley software to the housing business. Zillow came to Phoenix last spring to test its own computer-driven flipping strategy. In May…
A report from My Sun Coast in Florida. "Some possible bad news for Florida homeowners right now. Florida is seeing more foreclosures than all but two other states. Last month was up 23-percent over May of 2018. Loan officer David…
A report from the Post and Courier in South Carolina. "A slew of new apartments opening in the Charleston market this year will lead to a rise in the vacancy rate, the highest in the state. About 4,100 new units…
A report from Inman News. "Overall delinquency rates have risen somewhat in 42 percent of the country. Panama City, Florida and Albany, Georgia saw some of the highest rises in serious delinquency rates, or payments that are due by more…
A report from the Wall Street Journal on New York. "Luxury condos at the Waldorf Astoria hotel are expected to go on sale in the fall, as the historic property’s Chinese owner advances its redevelopment plans despite a market glut…
A report from the Tennessean. "Unsustainable home-price growth and an inventory surplus helped move Nashville into the top 10 markets for home buyers in the United States, according to a new report that provides further evidence of cooling demand in the…
A report from the Washington Post. "Federal Reserve Chair Jerome Powell gave a speech a couple of weeks back that showed that financial regulators have learned many lessons from the 2008 financial crisis, but not the most important one, namely:…
A report from Marketplace. "It’s never easy to set the price of a home. It gets even trickier in a cooling housing market. Nancy McInerny of Aberdeen, Maryland listed her four-bedroom house for $399,000 in January. Four months and two…