A report from Reuters. "Citibank has agreed to pay a $30 million fine to settle charges of repeated violations of real estate holding rules and for failing to meet its commitment to take corrective actions, the U.S. Office of the…
A report from the Milwaukee Biz Times in Wisconsin. "Barrett Lo Visionary Development, the real estate development firm that has been working for years to build a 44-story luxury apartment building at a site near the lakefront in downtown Milwaukee,…
It's Friday desk clearing time for this blogger. "In September, prices in the housing sector fell 1.6% — the largest single-month drop for the sector since Zions Bank began measuring consumer prices along the Wasatch Front in 2010. Prices for…
A report from The Real Deal on Florida. "For the first owners of a two-bedroom luxury condo on the 36th floor of Rise, one of two new luxury towers at Brickell City Centre, buying at a preconstruction price turned out…
A report from the Wall Street Journal. "A Federal Reserve Bank president who has been warning about prices rising too high in the commercial real-estate market has a new source of concern: co-working. In an interview, Boston Fed President Eric…
A report from CBC News in Canada. "According to the latest statistics from Canada Mortgage and Housing Corporation, the average monthly rent for a two-bedroom apartment in Regina was $1,130 in October 2018, compared to $1,116 in October 2017. This…
A report from Crain's New York Business. "While foreclosure activity decreased in three out of five boroughs during the third quarter of 2019, Staten Island saw a surge of 183% year-over-year, according to PropertyShark. Foreclosure cases in Staten Island went from…
A report from the California Globe. "While driving down a few streets in the suburban Orange County city of Fullerton, an unusual by-product of the housing crisis presented itself. Rows and rows of large houses known as ‘McMansions’ built within…
A report from the Globe and Mail in Canada. "During two years of soggy sales after prices in the Toronto market peaked in 2017, many people sat on the sidelines, says real estate agent Ira Jelinek, as they tried to…
A report from Wicked Local Brewster in Massachusetts. "Laura Clements, owner/broker of Cove Road Real Estate in Orleans, said high end shoppers have more to choose from at the moment. Clements noted the list price isn’t the sale price. 'A…