A report from Bloomberg. "It was considered one of the root causes of the global financial crisis, and regulators have spent over a decade trying to stamp the practice out. Yet Kroll Bond Rating Agency Inc.’s $2 million fine this…
A weekend topic starting with Honolulu Civil Beat in Hawaii. "Since the pandemic began, veterans and service members have been utilizing Department of Veterans Affairs home loans at historically high rates. Dropping prices and legislation that loosened restrictions on VA…
It's Friday desk clearing time for this blogger. "Oh, how the mighty have fallen. San Francisco saw the biggest year-over-year drop in rental costs in September, but Boston wasn’t far behind, according to Zumper. The median price for a one-bedroom…
A report from Seattle PI in Washington. "Seattle condos are breaking records – well, it is not necessarily a good thing. Politics, protesting, poor city governance and the Coronavirus-epidemic have all contributed to a 130% increase in Seattle condos for…
A report from the Port Charlotte Sun in Florida. "Matthew Harden turned himself in to law enforcement Monday in Hamilton County, Florida. Harden, 53, and his partner Stephen Dukes, 47, owned the now-defunct HD Custom Homes in Englewood. Charlotte County…
A report from Kelowna Now in Canada. "Canada's most expensive rental markets in Toronto and Vancouver continue to report a downward trajectory in prices. Toronto's one and two-bedroom prices are down 10% and 12%, respectively, since this time last year.…
A report from Bankrate. "You’ve listed your home at what you both believe is an accurate price, and you’ve hosted many showings, but so far, no one has made an offer. So why hasn’t your home sold? 'Pricing is usually…
A report from CNBC on California. "Greg Tribulato is having trouble getting buyers interested in two extensively renovated condominiums he’s trying to sell in San Francisco’s Mission district. They’ve been on the market for three months. The one with two…
A weekend topic on this Globe and Mail article. "Condo owner Brock Worobel says he is feeling extremely uneasy living at 53 West Hastings, near Vancouver’s downtown east side. Mr. Worobel purchased his condo in the six-storey Paris Block, just…
A report from Danielle DiMartino Booth at Bloomberg. "The Covid-19 pandemic has unleashed numerous unexpected economic consequences. One that has turned out to be good for the economy but could end up being disastrous is the boom in mortgage refinancings.…