A report from Business Insider. "'Someone turned out the light on our sales in June,' an Atlanta homebuilder said in the survey. Meanwhile, a homebuilder in Austin said, 'Sales have fallen off a cliff. We're selling one-third of what we…
A weekend topic starting with Reuters. "Lampooned by fiscal hawks as belief in a 'magic money tree', ever higher public borrowing and spending had seemed manageable and sensible for many years - hinged as they were on persistently low inflation…
It's Friday desk clearing time for this blogger. "California’s $5.2 billion pandemic rental relief fund is running out of money. 'Many owners have received no rent for months. They cannot pay their taxes, mortgages and other expenses if the rent…
A report from the Philadelphia Inquirer in Pennsylvania. "For most families, owning property is the primary way they build wealth. As prices start to cool off over the next few years from sky-high growth, some people may find that their…
A report from PBS News Hour. "Landlords in Connecticut are not alone – without federal assistance economists estimate that by mid-January renters across the country will be behind by about $70 billion. And the losses go well beyond market-rate buildings,…
A report from 4WWL in Louisiana. "Many operators of short-term rentals in New Orleans are seeing a dramatic drop in bookings during the pandemic. 'So that’s become a real problem especially for the host that purchased properties as a function…
A report from Banker and Tradesman on Massachusetts. "Last month, there were 1,716 condominium sales recorded in Massachusetts, according to The Warren Group a 5.8 percent decrease from March 2018. Meanwhile, the median condominium sale price dropped 7.3 percent on…
A report from KTVQ in Montana. "The trend continues as it’s more expensive than ever to buy a home in Missoula. Earned income is also up, but housing experts say it’s not catching up fast enough. Brint Wahlberg with the Missoula Organization…
A report from the Los Angeles Daily News in California. "Home sales in the San Fernando Valley hit a record low last month, even as sellers continued to flood the housing market, according to the Southland Regional Association of Realtors.…
A report from the Boston Globe in Massachusetts. "There are growing signs that Boston’s red-hot housing market may be cooling off, at least by a few degrees, a moderation that could be good news for would-be buyers. It’s a trend…