A report from Bloomberg. "As the outbreak spreads, real estate markets in the U.S. and other countries that rely on Chinese buyers face a looming crisis as deals languish and potential purchases are delayed indefinitely. From Vancouver to Singapore, realtors…
A report from the Wall Street Journal on New York. "An investment firm owned by Japan’s SoftBank Group Corp. bought the defaulted mortgage on a downtown luxury condo tower, the latest sign that a wave of investors is scavenging the…
A weekend topic starting with an editorial by Paul Krugman. "I’m in Spain right now, talking about zombie ideas — ideas that should have been killed by evidence, but just keep lurching along. And as it happens, the experience of…
It's Friday desk clearing time for this blogger. "Fannie Mae and Freddie Mac are expected to retain 'limited and tailored government support' after they are freed from U.S. control, Treasury Secretary Steven Mnuchin said in a letter to lawmakers. Mnuchin’s…
A report from the Wall Street Journal. "China’s home-price growth slowed to an 18-month low in January, but it looks set to fall a lot further as Beijing’s long-running attempts to rein in the property market meet with effects from…
A report from The Real Deal. "For New York’s condo market, recent developments in China may simply confirm what has been common knowledge for some time — the once-booming market for mainland Chinese buyers has long died down, amid tight…
A report from the Wall Street Journal. "Chinese investors sold off billions more in U.S. commercial property last year than they bought, as other foreigners start to sour on the U.S. market as well. Foreign investors were net sellers of…
It's Friday desk clearing time for this blogger. "San Diego County’s median home price was $575,000 in December, a slight decrease from the previous month but still near record highs. Rich Toscano, who predicted the housing crash in November 2005…
A report from the Wall Street Journal. "In China, a crowd of startups is looking to cash in on a hot real-estate market by disrupting the way apartments are rented. In some ways, their business model resembles that of U.S.…
It's Friday desk clearing time for this blogger. "Softening luxury markets throughout major U.S. metros have pushed average sales prices down for top-priced homes from the turbulent highs of a few years ago, leaving many luxury homeowners—from New York City…