A press release from Zillow. "It has been widely acknowledged that the aggressive pace of home value growth over the past several years was unsustainable. Buyers simply couldn't keep up, and home prices are correcting. Inventory was up year-over-year in…
A report from the Wall Street Journal on New York. "Property investors have spent billions of dollars on apartment buildings for what has been one of the most reliably profitable bets in New York City real estate: converting rent-regulated apartments…
A report from the Wall Street Journal. "Companies such as Opendoor aim to bring Wall Street-style efficiencies and Silicon Valley software to the housing business. Zillow came to Phoenix last spring to test its own computer-driven flipping strategy. In May…
A report from Sonoma News in California. "Build 3.5 million new dwelling units by 2025 and California’s housing shortage will be solved, Gov. Gavin Newsom prescribed during his campaign last year and several times since. But the simple formulae peddled…
A report from King 5 News in Washington. "KING 5 interviewed five local economists, some who specialize in real estate and others in academia. They weighed in on the possibility of another housing bubble and on the likelihood of a…
It's Friday desk clearing time for this blogger. "What do these latest developments in Jamaica and Flushing mean for the rest of Queens? 'What we’re seeing is a shift in the market. We’re starting to see inventory building up, days…
A report from Inman News. "Overall delinquency rates have risen somewhat in 42 percent of the country. Panama City, Florida and Albany, Georgia saw some of the highest rises in serious delinquency rates, or payments that are due by more…
A report from Realtor.com. "The building boom in housing complexes across the country is extending to universities. Today's college students are living the good life with amenities such as rooftop pools, private theaters, gaming rooms, and even fully wired outdoor…
A weekend topic starting with the Wall Street Journal. "At Manhattan’s Atelier one afternoon last year, its five-star hospitality service was on full display. A one-night stay went for $400. The Atelier isn’t a luxury hotel. It is a Midtown…
It's Friday desk clearing time for this blogger. "In Seattle and King County, home prices in May were down substantially from a year ago. The price of the median home in Seattle dropped 5.4 %, to $784,925, compared to May…