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 Press Democrat in California. "Last summer with the rental market still reeling from the 2017 North Bay wildfires, the three-bedroom home in the southeast Santa Rosa Kawana Springs neighborhood easily would have fetched the owner’s asking…
A report from Realtor.com on Florida. "Rap mogul Bryan 'Birdman' Williams hasn’t been able to find a buyer for his swanky manse in Miami Beach, Florida. To entice someone (anyone!) into making an offer, the price on Birdman’s enormous tricked-out…
A report from Bloomberg on New York. "Apartments in Manhattan’s Financial District aren’t exactly trading like blue chips on the nearby New York Stock Exchange. After a spurt of construction aimed at foreign buyers, whose numbers are dwindling, and finance…
A report from the Buffalo News in New York. "When Brett Barrett's husband got a surgical residency in Buffalo, the couple left Chicago for the Colvin Estates neighborhood of North Buffalo. They closed in May on their new $369,000 Marrano…
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 Globe St. "As the cycle continues to mature, apartment developers are seeing more opportunities for ground-up apartment construction in semi-urban or urban-core-adjacent neighborhoods and mid-rise construction. Some capital sources have been concerned about overbuilding in urban core…
A report from the Wall Street Journal. "Inflated bond ratings were one cause of the financial crisis. A decade later, there is evidence they persist. In the hottest parts of the booming bond market, S&P and its competitors are giving…
A report from the Wall Street Journal. "After a sluggish end to 2018, real-estate investment trusts are showing promise again. 'When we look at these companies, we’re seeing what we would hope to see, which are well-capitalized businesses that aren’t…