While Supply Rose, Demand Plummeted
A weekend topic starting with Curbed New York. "Since it took off about a decade ago, the co-living industry has gone to great lengths to sell an image of communal bliss. If you were a minor player with a master…
A weekend topic starting with Curbed New York. "Since it took off about a decade ago, the co-living industry has gone to great lengths to sell an image of communal bliss. If you were a minor player with a master…
A report from 9 News in Colorado. "In many of the nation’s top housing markets, including Colorado, roughly one in five houses sold is now bought by someone who never moves in. 'The fear is that the larger, corporate investors…
A report from Mansion Global. "Prices have soared as demand significantly outclips supply. But amid all the excitement, more contracts are also falling through, and many prospective buyers are placing offers sight-unseen, only to back out later. 'There is a…
A report from the Real Deal on Florida. "Ken Griffin has left Faena House. The CEO of Chicago-based Citadel sold his remaining penthouse at the ultra-luxury Miami Beach condo building, a three-bedroom, 4,243-square-foot unit, for $11.2 million. Griffin paid $60…
A weekend topic starting with China Worker. "The following is a document discussed at the 2015 congress of the ISA’s China, Hong Kong and Taiwan section. This appeared in our book Building the Socialist Alternative (published by chinaworker.info November 2015,…
A weekend topic starting with NBC DFW. "Invitation Homes CEO Dallas Tanner told CNBC he believes the U.S. housing market is 'extremely healthy' right now. 'I would expect that home prices stay relatively stable, if not continue to grow in…
It's Friday desk clearing time for this blogger. "Contrasted with the relatively healthy real estate market of May 2019, single-family sales were down 9.7 percent in Massachusetts last month. 'You have to go all the way back to 2015 to…
A report from the Real Deal. "Theresa Battle’s first thought each morning is whether today is the day she’ll lose her two-story house in Jamaica, Queens, to foreclosure. Battle runs a daycare center out of the property. Like millions of…
A report from KRON in California. "Homes have sold for over $1 million over asking price. In the Bay Area, this was the case for a house in Mountain View which sold for about $5.5 million within days of posting.…
A weekend topic starting with Forbes on New York. "A glut of continues to plague property owners, who are beginning to relist apartments they had held off the market due to low prices. In the short term, and in select…