A report from Realtor.com. "The residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. 'The very nature of the pandemic, through the health implications, social…
It's Friday desk clearing time for this blogger. "Buyers started returning to San Francisco’s downtown condo market in the fourth quarter of 2020. The resurgence in sales, however, didn’t bolster prices: They declined an average of 10.4% year over year…
A report from Cal Matters on California. "At the start of the pandemic, Brandon McCall’s two tenants ran into financial trouble. With a limited amount of cash coming in, McCall said the two of them stopped paying rent on his…
A report from WTMJ in Wisconsin. "Shorewest realtor Essam Elsafy is counseling his clients through this frenzied housing market. He says acting fast is a necessity. He shared a conversation he recently had with house hunters. 'We saw a house…
A report from the Wall Street Journal. "The residential real-estate market is on its biggest tear since 2006, just before the housing bubble burst. 'It’s the hottest market I’ve ever seen,' said Sean Chandler, president of the central Texas division…
A report from Fox Business. "Florida, it turns out, isn’t for everyone. But you would never know it from the PR coming out of the state. David Lowe, sold his longtime home outside Sarasota, Fla., in 2019 for $375,000 and…
A weekend topic starting with Now Toronto. "A Scarborough bungalow is currently listed at $2.2 million, which is double the record-breaking average price for a home in the Greater Toronto real estate market. The selling agents says that price is…
A report from Market Place on New York. "Broker Peter Schubert estimates that between 10% and 20% of commercial real estate in Brooklyn is vacant right now — officially. 'On top of that 10 or 20%, we know that there’s…
A report from Politico. "The booming housing market helped stave off economic collapse in 2020. But soaring prices are starting to worry policymakers. The current pace of home price appreciation is unsustainable, they say. 'I am worried that the price…
A report from the Wall Street Journal on New York. "Manhattan landlords are pulling unrented apartments off the market at an unusually elevated rate, tightening inventory while rents are low and, in some neighborhoods, still falling. Building owners removed 1,814…