A report from the Press Democrat in California. "Last summer with the rental market still reeling from the 2017 North Bay wildfires, the three-bedroom home in the southeast Santa Rosa Kawana Springs neighborhood easily would have fetched the owner’s asking…
It's Friday desk clearing time for this blogger. "The Commerce Department said on Friday new home sales dropped 12.8% to a seasonally adjusted annual rate of 635,000 units last month. It was the biggest monthly decline since July 2013. The…
A report from Realtor.com on Florida. "Rap mogul Bryan 'Birdman' Williams hasn’t been able to find a buyer for his swanky manse in Miami Beach, Florida. To entice someone (anyone!) into making an offer, the price on Birdman’s enormous tricked-out…
A report from Bloomberg. "Last month, a risky, new deal hit the municipal-bond market. It came from a small borrower in Colorado that was looking to finance the construction of 1,200 luxury homes in the foothills of the Rocky Mountains.…
A report from the Wall Street Journal. "More than a decade after home loans triggered the worst financial crisis in a generation, the strict lending requirements put in place during its aftermath are starting to erode. Home buyers with low…
A report from Curbed San Francisco in California. "Earlier this month, UCLA’s Anderson School of Management and law firm Allen Matkins released their survey of California developers and found that those with a stake in building housing are feeling gun…
A report from Business in Vancouver in Canada. "Metro Vancouver’s sluggish residential real estate market has caused some developers to pull the plug on projects. 'The market is totally in the dumps right now,' said Holborn Group of Cos. CEO…
A report from Bloomberg on New York. "Apartments in Manhattan’s Financial District aren’t exactly trading like blue chips on the nearby New York Stock Exchange. After a spurt of construction aimed at foreign buyers, whose numbers are dwindling, and finance…
A report from the Daily Independent in Kentucky. "The Ashland area real estate market continues to demonstrate significant strength despite coming off a record year for home sales in 2018. Veteran real estate agent Cindy Conley-Jones said sales are hot…
A report from KTVU in California. "Donald Kilmer and his wife are in the process of selling their 4-bedroom home in the Cambrian area of San Jose and moving to Idaho. But prices have dropped. According to Redfin, the San…