A report from CNBC. "A Federal Reserve economist says the current housing backdrop is similar to recent economic slumps, with several metrics 'consistent with the possibility of a late 2019 or early 2020 recession. 'Data on single-family home sales through…
A report from the Times Free Press in Tennessee. "The median rent quoted for a typical two-bedroom apartment in Chattanooga jumped 9.9% in the past year as housing prices continued to outstrip the gains in income. But with an abundance…
A report from the Augusta Chronicle in Georgia. "Earlier this year, the VA loan industry celebrated its 24 millionth loan. Chris Birk, a spokesman for Veterans United, the nation’s largest VA lender, said the program is as popular now as…
A report from the Daily Telegraph on Australia. "Apartment owners in havens for high-rise units are realising their properties are worth less than they paid for them as rampant oversupply and falling demand send real estate values plummeting. Recent sales…
A report from the News Gazette in Illinois. "Although investors in private student housing have cited concerns about vacancy rates and overbuilding in the Champaign-Urbana market, even more substantial student housing complexes are slated to open this fall. 'The overall…
A report from the Wall Street Journal on Florida. "After being kidnapped seven years ago, Juerg Degenmann decided to move his family from Venezuela to Miami for increased security. He and his wife paid $1.85 million in 2013 for a…
A report from Think Realty on Florida. "While flipping properties may not be the right strategy in the southern part of the state, in central Florida, Billy Ross is busy flipping and wholesaling properties in the greater Orlando metro area.…
It's Friday desk clearing time for this blogger. "Wu Xiaohui was shopping in New York. For buildings. 'He didn’t really care — he’d point out the window and say, ’That one!’ recalls a real estate executive. These days Wu is…
A report from Curbed Los Angeles in California. "CoreLogic analyst Anrew LePage suggests the slower rate of price growth may have a lot to do with the fact that home values are entering uncharted territory. Many buyers, says LePage, may…
A report from the Los Angeles Times in California. "The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in borrowing costs. In May, there were nearly 12%…