A report from Dirt on California. "A couple months ago, a Sunset Strip house sold for $14 million - exactly $5 million less than the sellers had paid in 2014. Months before that, another nearby house sold for $12.5 million,…
A report from The City on New York. "Christine Fife was 'speechless with joy' when she won her foreclosure case in January 2020, she recalled, believing her decade under threat of foreclosure in her Upper West Side condo was finally…
A weekend topic starting with two reports from ERR. "Estonian construction volumes exceeded pre-crisis levels in the previous quarter with the production value of construction enterprises in Estonia and abroad increasing 15 percent year-on-year. Developers say that as long as…
A weekend topic starting with Quartz. "The press has noted that more than 6 million homes may be sold this year, more than any time since 2006. For those familiar with real estate busts, this may be an ominous sign.…
It's Friday desk clearing time for this blogger. "'Our housing market is showing signs of stabilizing,' says Dave Walsh, the 2021 president of the California Association of Realtors. Walsh says we now have a median selling price in Santa Clara…
A report from Bloomberg on New York. "Manhattan luxury-home sales had their best week of the year. The second-priciest home to find a buyer was a limestone mansion owned by financier Phil Falcone, at 22 E. 67th St., on the…
A report from the Phoenix Business Journal. "Homebuyers across the country are furious with Zillow Group Inc for canceling contracts. Compounding the issue is the fact that many of these homeowners are waiting for their new construction homes to be…
A report from WKRN in Tennessee. "A broken deal has left a Murfreesboro couple with a broken dream after a case of iBuying went bad. Zach Griest, Owner of Zach Taylor Real Estate, says his clients are upset, counting on…
A report from News Corp on California. "The secluded longtime home of Arnold Schwarzenegger has hit the market, with $15 million (US$11m) price hopes. In 2013, the house was sold for US$12.9 million. The home is now being sold by…
A report from the LA Daily News in California. "Since 2000, U.S. inflation has averaged 2.2%, according to the Consumer Price Index, while rates on 30-year mortgages averaged 5%, according to Freddie Mac. So historically speaking, loans are usually priced…