A report from Reuters on China. "The Chinese city of Enshi has moved to stabilize house prices amid a worrying property slump by urging developers to stop drastic price cuts, threatening punishing measures unless such 'wrong behaviors' stopped. Developers have…
A report from Realtor.com. "The building boom in housing complexes across the country is extending to universities. Today's college students are living the good life with amenities such as rooftop pools, private theaters, gaming rooms, and even fully wired outdoor…
A report from the Wall Street Journal on New York. "Luxury condos at the Waldorf Astoria hotel are expected to go on sale in the fall, as the historic property’s Chinese owner advances its redevelopment plans despite a market glut…
Two reports from ABC News in Australia. "Homeowners are holding off selling their properties, with fewer new listings than at any time in the past 12 years. The slowdown is most noticeable in Sydney and Melbourne, where there are 30…
A report from the Orange County Register in California. "Gina Kirschenheiter of 'The Real Housewives of Orange County' has sold her four-bedroom Coto de Caza home, parting with it for $100,000 less than she and her husband sought when it…
A weekend topic starting with the Wall Street Journal. "At Manhattan’s Atelier one afternoon last year, its five-star hospitality service was on full display. A one-night stay went for $400. The Atelier isn’t a luxury hotel. It is a Midtown…
A report from the Orange County Register in California. "Just how slow is the housing market? For nine consecutive months through April, CoreLogic housing stats show countywide sales failing to top the year-ago period. That slump has led to a…
A report from WHEC in New York. "A bank filed to foreclose on five Rochester properties owned by developer Bob Morgan, according to paperwork filed with the Monroe County Clerk's Office. The Tompkins Bank of Castile claims a number companies…
It's Friday desk clearing time for this blogger. "In Seattle and King County, home prices in May were down substantially from a year ago. The price of the median home in Seattle dropped 5.4 %, to $784,925, compared to May…
A report from the Daily Telegraph in Australia. "Things are finally getting easier for Sydney’s long frustrated home seekers. The median price of a Sydney home has dropped close to 15 per cent since the market peaked in July 2017…