A report from the Wall Street Journal. "U.S. home sales sputtered in January, the latest sign that some of the lowest interest rates in half a century are failing to offset the high prices and limited inventory keeping many buyers…
A weekend topic starting with two reports from the Wall Street Journal. "Builders are expected to complete some 371,000 new apartments in 2020, compared to 247,000 in 2019 and 119,000 in 2010, according to RealPage. The problem is that many…
It's Friday desk clearing time for this blogger. "'Brace yourself!' warned Judi Desiderio, the C.E.O. of Town and Country Real Estate, as a lead-in to her analysis, which showed a 44-percent decrease in overall home sales during the quarter. 'In…
A weekend topic starting with Catalyst. "There’s an apparent contradiction in urban America’s real estate market. On one hand there’s a general housing shortage, namely of affordable workforce housing. But there are lots of luxury condos that get built and…
It's Friday desk clearing time for this blogger. "Four Bay Area cities got ranked among the weakest real estate markets in the nation. Some experts say this cooling of the market is all part of a normal stabilization period that…
A report from the Wall Street Journal on New York. "A penthouse at 220 Central Park South has sold for $100 million, making it the third New York City residence ever to close for $100 million or more, according to…
A report from Bloomberg. "New York City’s struggling luxury condo market is providing a prominent developer with an opportunity to expand the lending unit it launched last year. Silverstein Properties Inc., looking to double its lending business to more than…
A report from Curbed Boston in Massachusetts. "It looks increasingly like a buyer’s market in the Boston area. Such a trend would’ve been laughable a short while ago, but new numbers for October from the Warren Group and the Greater…
A report from the Wall Street Journal on New York. "Two New York landlords with large portfolios of rent-regulated apartments are behind on payments on more than $200 million in real-estate loans, a sign that new state rent laws are…
A report from Yahoo Finance. "Homebuilding last month leapt to its highest rate in 12 years, newly released construction data says. But the havoc wrought by last decade’s housing bubble has buyers wondering how to protect themselves if the market…