It's Friday desk clearing time for this blogger. "What do these latest developments in Jamaica and Flushing mean for the rest of Queens? 'What we’re seeing is a shift in the market. We’re starting to see inventory building up, days…
A report from Realtor.com. "'Overall, the slowdown is taking over across the board, and it’s concentrated in the South and West—that’s where the supply has been depleted,' says Javier Vivas, director of economic research for realtor.com." The Mortgage Reports. "There…
A report from the Canadian Press. "The Toronto area’s spring real estate market typically begins winding down in June. Andre Kutyan of Harvey Kalles Real Estate Ltd. recommends that sellers set a price based on what comparable properties have sold…
A report from USA Today. "In a stealth aftershock of the Great Recession, nearly 100,000 loans that allowed senior citizens to tap into their home equity have failed, blindsiding elderly borrowers and their families and dragging down property values in…
A report from Inman News. "Overall delinquency rates have risen somewhat in 42 percent of the country. Panama City, Florida and Albany, Georgia saw some of the highest rises in serious delinquency rates, or payments that are due by more…
A report from Reuters on China. "The Chinese city of Enshi has moved to stabilize house prices amid a worrying property slump by urging developers to stop drastic price cuts, threatening punishing measures unless such 'wrong behaviors' stopped. Developers have…
A report from Realtor.com. "The building boom in housing complexes across the country is extending to universities. Today's college students are living the good life with amenities such as rooftop pools, private theaters, gaming rooms, and even fully wired outdoor…
A report from the Wall Street Journal on New York. "Luxury condos at the Waldorf Astoria hotel are expected to go on sale in the fall, as the historic property’s Chinese owner advances its redevelopment plans despite a market glut…
Two reports from ABC News in Australia. "Homeowners are holding off selling their properties, with fewer new listings than at any time in the past 12 years. The slowdown is most noticeable in Sydney and Melbourne, where there are 30…
A report from the Orange County Register in California. "Gina Kirschenheiter of 'The Real Housewives of Orange County' has sold her four-bedroom Coto de Caza home, parting with it for $100,000 less than she and her husband sought when it…