We’ve Lost So Much Money
A report from Domain News in Australia. "Perth house prices have continued to tumble, falling 2 per cent to $528,200 in the June quarter, new figures show. The city’s median house price is now 14 per cent below its 2014…
Although Very Difficult To Accept, It Seems Sellers Will Simply Have To Be More Realistic About Pricing
A report from Boston Agent Magazine in Massachusetts. "The number of single-family homes sold in the Greater Boston area in June fell compared to the same month last year. Homes are also sitting on the market longer and price cuts…
Zero Down Was Really The Only Option, The Money Wasn’t There
A report from the Orlando Sentinel in Florida. "More Central Floridians are taking out zero-down loans to buy a home. 'We didn’t have to put $30,000 down on a house, but you still get the house you want,' said Christina…
I Have Properties That I Think Are Priced Right, And It’s Just Not Happening
A report from the Wall Street Journal. "U.S. home sales slumped in June as home prices for major West Coast cities declined for the first time since 2012, ending the spring selling season with a thud. 'Prices have dropped in…
We Don’t Always Give That Data To The Marketplace
A report from WLTV in Tennessee. "We went to a mortgage expert to break down some information. Michael Borella, the sales manager at Movement Mortgage, said if you're looking to buy a new home, now is a good time to…
Many Are Selling Off Market So As Not To Leave The Stench Of Failure
A report from the Times of London in the UK. "Alex Johnston has reluctantly cut the price of his townhouse in Maida Vale, west London, after three years with no offers. The app developer and his wife put the five-bedroom…
Buyers In These Once-Hot Markets Are Less Likely To Feel The Urgency
A press release from Redfin. "Only six of the 85 largest metro areas Redfin tracks saw a year-over-year decline in their median sale price, the biggest of which was once again in San Jose, where home prices were down 4.9…
When Yields Fall Too Fast, You Are On Your Deathbed
A weekend topic starting with Good Returns in New Zealand. "As the property landscape changes, yields are, once again, starting to move to centre stage for investors. Yet Kiwibank’s latest property market report reveals that the once stellar yields available…
They Were Addicted To The Excitement Of Dinero Fácil
A report from the Sydney Morning Herald in Australia. "An Erskineville apartment development remains a ghost town more than 12 months after it was completed, with the City of Sydney refusing to allow owners to move in over fears the…
And Suddenly, The Math Doesn’t Work
A report from The Real Deal. "Bank OZK, one of the country’s most aggressive condo construction lenders, signaled in its most recent earnings report that its real estate lending growth is slowing down. 'Lenders in certain markets are very aggressive…