A report from Bloomberg on Australia. "Australia’s worst property slump in a generation has created some obvious losers. Investors who bought at the top of the market are underwater; homeowners looking to sell are having to slash prices and developers…
A report from Boise Dev in Idaho. "First they planned 126 apartments. Then, after pushback, 47 homes. Finally, after more changes and hearings, a plan for 42 homes won approval. A year later, the project is stopped, and the property…
A weekend topic starting with Market Watch. "There’s new hope to phase out Fannie Mae and Freddie Mac from the housing sector, a Heritage Foundation research fellow said at the annual Conservative Political Action Conference. Heritage’s Joel Griffith said while…
It's Friday desk clearing time for this blogger. "Last year, 20,648 single-family and multifamily existing homes sold in Lee County and 10,527 in Collier — a 49 percent decline over 2017 when Hurricane Irma hit, slowing the market. There are still plenty of interested…
A report from the Union Tribune in California. "New home sales in San Diego County fell 20 percent in January from a year earlier, hitting an 11-year low, CoreLogic reported. 'We seem to be reaching that point at which housing…
A report from Commercial Property Executive. "An inverted yield curve and forecasts of a dropoff in job growth are among the signals that the industry’s long, great ride may soon be ending, says economist Hugh Kelly. Lenders have generally been…
A report from the Wall Street Journal on China. "On a recent winter workday, investors and representatives from private fund companies in Shanghai and elsewhere descended on Sandu, a county in the deep south where tens of thousands of locals…
A report from the Los Angeles Times in California. " The sluggish Southern California housing market took another hit in January, with sales plunging 17% from a year earlier, according to a report released Wednesday. The median is now $32,000…
A report from Bloomberg. "Toll Brothers Inc.'s new home orders dropped 24 percent in the fiscal first quarter, the steepest annual decline for the biggest U.S. luxury homebuilder since the depths of the housing crash in 2010. Orders fell 62…
A report from the Wall Street Journal. "Home prices in 2018 grew at their slowest pace in four years, while construction slumped, signaling that the housing market started this year on shaky footing. Economists cautioned that a rebound to the…