A weekend topic starting with the Laguna Beach Independent in California. "A court-appointed receiver reported Friday that debts are racking up at real estate developer Mohammad Honarkar’s portfolio of 18 hospitality and event properties in Laguna Beach, according to court…
A report from the Wall Street Journal. "Once Silicon Valley’s highest-flying darlings, companies from WeWork to Uber Technologies Inc. have collectively lost about $100 billion in value this year. Vitaliy Katsenelson, chief executive of Investment Management Associates Inc., likens the…
It's Friday desk clearing time for this blogger. "New York City is coping with a nationwide exodus of residents from big, expensive cities. In addition, foreign buyers have retreated from the market. 'The thing is, you don't have the Chinese…
A report from the New York Times. "The US luxury condominium and apartment market is in the midst of an amenities war. Prices for ultra-luxury condos in New York have been declining since peaking in 2016, according to StreetEasy. The…
A report from Bank Rate. "Homebuyers sitting on the sidelines waiting for housing prices to backslide might be waiting longer than expected, according to experts. Although the high price of housing in many parts of the country seems to signal…
A report from Realtor.com. "The number of new listings on realtor.com® in September shot up 8% year over year, according to a recent report from realtor.com. That's the biggest jump since 2013. 'It's a key inflection point,' says Chief Economist…