A report from the Press Democrat in California. "Last summer with the rental market still reeling from the 2017 North Bay wildfires, the three-bedroom home in the southeast Santa Rosa Kawana Springs neighborhood easily would have fetched the owner’s asking…
It's Friday desk clearing time for this blogger. "The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly decline since July 2013. The…
A report from the Berkshire Eagle in Massachusetts. "Single- and multifamily home sales showed modest gains over the first half of the year, according to the Berkshire Realtors. South county has a glut of homes for sale in the $1…
A press release from Redfin. "Eleven percent of offers nationwide faced a bidding war in July, down from more than 45 percent a year earlier, according to Redfin. The national bidding war rate hasn't surpassed 15 percent since November 2018,…
A report from the Wall Street Journal. "After a sluggish end to 2018, real-estate investment trusts are showing promise again. 'When we look at these companies, we’re seeing what we would hope to see, which are well-capitalized businesses that aren’t…
A report from Forbes. "The Federal Deposit Insurance Corporation (FDIC) warned of potential credit and market risks that market participants should definitely heed. In particular, the FDIC’s 2019 Risk Review Report released yesterday highlighted concerns in the agricultural, commercial real…
A report from the Longmont Times-Call in Colorado. "Even as data shows Boulder and its surroundings are experiencing a 'much-needed' housing market correction, the city last week for the fifth straight year landed atop a national finance researcher’s list of…
A report from Colorado Community Media. "The Denver area’s real estate boom that saw rents and housing prices skyrocket in recent years is slowing down, experts say. Price reductions are becoming more common, Schafer said Jill Schafer, the head of…
A report from the Wall Street Journal. "New York’s high-rise developers may soon lose a popular source of cheap funding. U.S. immigration authorities published on Wednesday a new rule that will make it tougher for real-estate developers to fund their…
A report from CNBC. "Last year, about 43,000 single-family homes were built for rent, the largest number in nearly 40 years according to National Association of Home Builders analysis of U.S. Census data. The built-for-rent share of housing starts is…