A report from Bowery Boogie on New York. "For many on the Lower East Side waterfront, Extell’s purported woes are a lesson in schadenfreude. Especially given the years of construction hell endured by those in the vicinity. No sooner do…
A report from the Los Angeles Times in California. "Here’s a look at what roughly $750,000 buys right now in the L.A. neighborhoods of Lincoln Heights, Granada Hills and Hollywood Hills. In the 90046 ZIP Code, based on 12 sales,…
A report from the Bay Area Newsgroup in California. "Runaway Bay Area housing prices have started stalling in San Mateo and Santa Clara counties, hinting that even well-salaried professionals have had enough. Resale home prices dropped year-over-year in February in…
A report from the Seattle Times in Washington. "Since the local market peaked last spring, single-family home prices have fallen twice as fast in the Seattle metro area as in any other region in the country, according to the monthly…
A report from Bloomberg. "The real estate frenzies in West Coast cities have become the stuff of lore: buyers jostling at open houses, homes getting offers sight unseen, bids coming in hundreds of thousands of dollars over asking. That’s all…
A report from Realtor.com. "Spring is here—and it’s not just the mercury that’s heating up. This is the unofficial kickoff to the home-buying season, when buyers come out of hibernation and start hitting the open houses in earnest. And this…
A report from the Mercury News in California. "Michelle Ronco, senior product marketing manager with MLS subsidiary Aculist, put Silicon Valley’s housing market in perspective for local Realtors at a meeting in Los Gatos. Santa Clara County’s sales volume peaked…
A report from the California used house salespeople. "Housing demand in California remained subdued for the ninth consecutive month in January as economic and market uncertainties sent home sales to their lowest level since April 2008, the CALIFORNIA ASSOCIATION OF REALTORS®…
A report from the Sacramento Bee in California. "Sacramento County total home sales fell 22.5 percent year-over-year in December, the lowest for the month since 2007. In the four-county region, the largest decline in the year-over-year median sales price for…
A report from Bloomberg on New York. "Amazon.com Inc.’s decision to drop its expansion plans in the Long Island City neighborhood of Queens plunged local real estate brokers into despair -- just months after the euphoria that followed the company’s announcement that…