A report from Patterson Press on New Jersey. "Burned-out and abandoned, the Victorian house at the corner of Auburn and Fair streets symbolized Paterson’s drug scourge so much that three years ago someone sprayed-painted 'Crackadopia' across its side wall. Brian…
A weekend topic starting with the Associated Press. "Buy a home right now. Or if you own one already, refinance it. And if you have spare cash, buy some stocks. And if there's a bubble in prices, don't worry. It'll…
A report from the Wall Street Journal. "After the coronavirus pandemic shut many businesses this spring, the three major credit-ratings firms placed about 2,400 bonds tied to pools of corporate loans on review for possible downgrades. The potential wave has…
A weekend topic starting with two articles in the Los Angeles Times. "Four months into the pandemic, never has the city seemed so upside down. Parking attendants wave flags to the empty streets. Storefronts, boarded-up from break-ins, merge with stalled…
It's Friday desk clearing time for this blogger. "The coronavirus pandemic has weaved two opposing narratives in the U.S. housing market. On one hand, it has buoyed home prices amid extremely tight inventory and frenzied demand. On the other, it…
A report from the Globe and Mail in Canada. "When he was offered a job in British Columbia, Todd Kemper figured a potential loss on the sale of his house might be the price he had to pay to leave…
A report from the Star Advertiser in Hawaii. "Munro Murdock, Hawaii Legal Short-Term Rental Alliance (HILSTRA) president, said owners and operators across the isles are feeling the pain from delays in reopening Hawaii tourism through a pre-arrivals testing program. 'First…
A report from Boston.com in Massachusetts. "International buyers, a key ingredient in new downtown condo projects, have pulled back in the past few years. The pullback is a departure from real estate anecdotes in recent years across the country of…
A report from Realtor.com. "The nation's surging home prices don't seem to care about the recession the country is mired in. It has all led some to wonder: Are some markets getting too hot? Could we be entering the dreaded…
A report from the Wall Street Journal on China. "Financial stress at an upmarket developer is rattling Chinese families who paid big deposits for unbuilt homes—showing the risks in presales, one of the sector’s favorite funding tools in China. Problems…