A report from the Orange County Register in California. "Chapman University economist Jim Doti sees no housing bubble to burst in Orange County. He explains that local housing prices — easily double national benchmarks — are 'economically rationale given the…
It's Friday desk clearing time for this blogger. "An Upper East Side townhouse that was once home to the late fashion designer Oleg Cassini is now facing foreclosure. The case comes as authorities orchestrate a fire sale of Cassini’s assets.…
A report from CBC News in Canada. "When the market was hot, people lined up overnight to get their hands on pre-sale condominiums. Now that the housing market in B.C.'s Lower Mainland has cooled, some buyers are trying to back…
A report from the Wall Street Journal. "Companies such as Opendoor aim to bring Wall Street-style efficiencies and Silicon Valley software to the housing business. Zillow came to Phoenix last spring to test its own computer-driven flipping strategy. In May…
A report from Bow Valley Crag and Canyon in Canada. "The list of headwinds is many for the city’s new homes market. Veteran housing analyst Dave LaRose notes he surveys new builders’ salespeople and is hearing anecdotally about prospective buyers…
A report from My Sun Coast in Florida. "Some possible bad news for Florida homeowners right now. Florida is seeing more foreclosures than all but two other states. Last month was up 23-percent over May of 2018. Loan officer David…
A report from the Daily Mail on Australia. "Australia's biggest property markets are still in free fall - with prices in one major city falling by more than 10 per cent in one year. Median house prices fell in every…
A report from the Wall Street Journal on New York. "Stock investors are dumping shares of community banks with big real-estate lending businesses that could suffer from New York’s stricter apartment-rent regulations. Since property values are often based on the…
A report from Sonoma News in California. "Build 3.5 million new dwelling units by 2025 and California’s housing shortage will be solved, Gov. Gavin Newsom prescribed during his campaign last year and several times since. But the simple formulae peddled…
A report from the Wall Street Journal on China. "Chinese regulators made fresh attempts to calm frayed nerves in the country’s financial sector, as bank liquidity remained tight by some measures three weeks after authorities took over a struggling city…