It's Friday desk clearing time for this blogger. "'We’ve been seeing outflow from Manhattan into Connecticut, and it has been crazy,' said Cliff Smith, managing partner with The Agency in New Canaan, Connecticut. 'Frankly, everyone is overpaying now, but it’s…
A report from WACH on South Carolina. "If you’re looking to buy or sell a house, it’s boom time. 'Interest rates are at an all-time low. Banks are pretty much giving free money away. Buyers are seeing that and it…
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 the Sun Sentinel in Florida. "A townhome development in the process of being approved to be built in Pembroke Pines is causing concern among some residents who want traffic fixed above all else. 'Developable land is especially…
It's Friday desk clearing time for this blogger. "Four years ago, Alexandra West bought a house in Sacramento, California, for just under $300,000. She agreed to a five-month lease, starting at the end of January 2020. 'She owes well north…
A report from the Bay Area Newsgroup in California. "A federal court has authorized a receiver to seize control of the properties and operations of bankrupt Bay Area developer Sanjeev Acharya and his real estate firm, which are the focus…
A report from Fortune Magazine. "Floor-to-ceiling, the interior of Tattooed Mom is covered in graffiti. The bar, which has been open for 23 years on South Street in Philadelphia, doesn’t stop its hipster patrons from getting crafty. But Tattooed Mom…
A report from the Chicago Tribune in Illinois. "Former Chicago Bulls forward Jabari Parker has become a motivated seller of his three-bedroom town home in the Fulton River District, cutting his asking price by $210,000 — nearly 10% — to…
A weekend topic starting with Bisnow New York. "New York City’s commercial property values are expected to fall substantially this year. A summary of the past year said that the real estate markets 'collapsed' after the coronavirus gripped the city,…
A report from the Wall Street Journal. "Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities, some Realtors and…