A report from the Express News in Texas. "Terravista Corp. partnerships that own four San Antonio apartment complexes totaling 652 units sought bankruptcy protection this week to stop foreclosure proceedings by a lender. A Terravista official blamed a dispute with…
A report from Bloomberg. "A decade ago, Angelo Mozilo was the face of the housing bust that preceded the financial crisis. Now the former chief executive officer of Countrywide Financial Corp. is predicting another drop, and for some homeowners it…
A report from Bloomberg. "Sean Pan wanted to be rich, and his day job as an aeronautical engineer wasn’t cutting it. So at 27 he started a side gig flipping houses in the booming San Francisco Bay Area. He was…
A report from ABC News in Australia."A new crackdown on property lending has emerged in the wake of the Banking Royal Commission, with borrowers now being asked for deposits of up to 30 per cent and banks throwing greater scrutiny…
A report from Patch New York City. "Prices dropped on some 212 homes in the Upper East Side-Carnegie Hill area last month, the most for any neighborhood in the city, according to a report from RealtyHop. One home in the…
A report from the Review Journal in Nevada. "Las Vegas house prices last month rose at their slowest pace in seven years — another sign of the market’s continued downshift, a new report shows. Amber Diskin, an agent with iProperties…
A report from Bloomberg on Canada. "The housing numbers out of Vancouver, once among the world’s hottest real estate markets, are getting more dismal with each passing month. With Canada’s rising household debt levels 'perilously high,' more needs to be…
A report from the Seattle Times in Washington. "Seattle-area homebuyers have a bit of good news as the middle of the housing market continues to come down from what one local housing economist calls last summer’s 'sugar high.' April’s median…
A report from the Daily Mail on the UK. "As Rod Stewart might have sung, the price cut is the deepest. But it seems to have had the desired effect. The singer has sold his Essex mansion. But Sir Rod…
A report from Kieth Jurow. "California was the epicenter of cash-out refinancing and HELOC madness during the wild bubble years. There is growing evidence that Californians have learned nothing from the collapse and are once again throwing caution to the…