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…
A report from Deseret News. "The Federal Reserve is expected to raise interest rates this week — likely by 0.25% — for the first time in three years. As a result, mortgage rates will rise, too. 'It’s bad,' said Dejan…
A report from the Bulletin in Connecticut. "Andrea Kazantzis, owner of Kazantzis Real Estate of Brooklyn, said there are still plenty of out-of-state buyers coming from New York, Massachusetts, and elsewhere to purchase homes for themselves or as investments. Kazantzis…
A report from the Wichita Eagle in Kansas. "A new study identifies Wichita as one of the most rapidly cooling housing markets in the country. The median listing price for a Wichita home actually fell by 7.28% from summer 2020…
A report from the Globe and Mail. "It’s a troubling question that has been echoing through the condo towers in Canada’s largest cities for the past two weeks: Could the disaster in suburban Miami happen here? Existing Canadian condo rules…
A report from Toronto Storeys in Canada. "While Canadian real estate prices fell slightly in May — down 1.1% from April to an average of a little over $688,000 — Canada’s housing market is still flashing red warning signs that…
A report from Mansion Global. "Q: For those who don’t have context, where was the Greenwich market before the pandemic began in March 2020? Greenwich, Connecticut-based developer Steve Schacter: The market was fairly down, especially the high-end part of the…
A weekend topic starting with The Intercept. "If you were reading the news back in 2008, then you probably remember how residential mortgage backed securities fueled by subprime mortgages tanked the global economy. Now John Flynn, a veteran of the…
A report from the Wall Street Journal. "Signs of stress in New York City’s commercial properties are fueling investor bets that trouble in the nation’s largest real-estate market could spread pain nationwide. 'Distress in financial markets was all about residential…
A report from the Wall Street Journal. "Housing markets across the world, from the U.K. to China to Australia, are losing steam. In 18 large economies, world-wide residential investment dropped on a year-over-year basis for four consecutive quarters through September,…