A weekend topic starting with Yahoo Finance. "The Federal Reserve slashed interest rates by half a percentage point last week, citing a need to protect small- to medium-sized businesses from the economic ripple effects of the coronavirus. But a Seattle-based…
A report from the Buffalo News in New York. "In a victory for the former owner of Monarch 716, a state judge in Buffalo has ruled that the lender who foreclosed on the West Side student housing property is not…
It's Friday desk clearing time for this blogger. "There are some very real discussions going on amongst real estate industry professionals on social media platforms and at ongoing conferences about what effect the virus may have on the industry. With…
A report from the Vancouver Sun. "'Forget Canada. We’ll go somewhere else.' That’s what West Vancouver realtor Nicole Lee says many rich clients from Asia are telling her now that B.C. has brought in a foreign-buyers tax on housing, along…
A report from the Orange County Register in California. "California ranks high on a national scoreboard of yet another unflattering real estate trend: rapidly cooling home appreciation rates. Source: My trusty spreadsheet filled with Federal Housing Finance Agency data. California…
A report from Bloomberg. "As the outbreak spreads, real estate markets in the U.S. and other countries that rely on Chinese buyers face a looming crisis as deals languish and potential purchases are delayed indefinitely. From Vancouver to Singapore, realtors…
A report from the Dallas Morning News in Texas. "Dallas-Fort Worth is the country’s top apartment building market with more than 26,000 new rental units opening this year. Another 16,000 apartments are set to open their doors in Houston in…
A report from KOLD in Arizona. "The stock market dropped more than a 1,000 points amid worries about the novel coronavirus — concerns over the outbreak may impact the housing market, too. Tucson real estate broker Karl Kretzel said fear…
A report from the Wall Street Journal on New York. "An investment firm owned by Japan’s SoftBank Group Corp. bought the defaulted mortgage on a downtown luxury condo tower, the latest sign that a wave of investors is scavenging the…
A weekend topic starting with KSL in Utah. "Orn Bodvarsson, an economics professor at Westminster College, said the country is on a decade-long expansion trajectory that shows almost no sign of faltering anytime soon. He said there are a variety…