A report from the Globe and Mail on Canada. "Trevor Nicolle didn’t line up outside in 2018. The Toronto-based real estate agent, who specializes in new-build condominiums, joined the queues outside sales centres in 2017, when lines stretched far down…
A report from Sparefoot. "The influx of people moving from the west coast and an increase in apartment complexes in Arizona has created a huge demand for people to buy new self-storage facilities. The Arizona market is beneficial to investors…
A report from Connect FM. "Thinking about buying a home? Bess Freedman, CEO of Brown Harris Stevens, a realty company in New York, says, 'We are definitely in a buyer’s market… very price sensitive, perhaps the most price sensitive market…
A report from ABC News in Australia. "There has been a dramatic increase in how long it is taking to sell properties over the past year. Pat and Shirley Tucker have put their four-bedroom home in Melbourne's eastern suburbs on…
A report from the Sacramento Bee in California. "After months — and even years — of rising home sale prices, the Sacramento region could be seeing the first signs of a decline. The median home sales price in the Sacramento…
A report from Kieth Jurow at Market Watch. "Remember all those sub-prime mortgages that blew up in 2007 and popped the housing bubble? The widely-held consensus is that millions of them were foreclosed as housing markets cratered. Since then, the…
A report from Xinhua on Sweden. "For the first time in ten years, several construction companies have been forced to buy newly constructed apartments that failed to find buyers. 'It is a worse crisis now than ten years ago,' said…
A report from the Mercury News in California. "Michelle Ronco, senior product marketing manager with MLS subsidiary Aculist, put Silicon Valley’s housing market in perspective for local Realtors at a meeting in Los Gatos. Santa Clara County’s sales volume peaked…
A report from Forbes on New York. "Though New York already has a 'mansion tax'—a 1% tax on homes over $1 million—support for the pied-a-terre bill is gaining. 'Because many of these expensive properties are effective ways for foreign buyers…
It's Friday desk clearing time for this blogger. "'Rising interest rates can affect what a borrower can qualify for and the maximum purchase price or loan amount. It would mean higher monthly mortgage payments,' explained Alan Barbic, president of the…