But I’m Different
A report from Bloomberg on New York. "The developer Cary Tamarkin bought at the top of the market. His $50 million purchase in 2014 wasn’t a luxury apartment though; it was a former Catholic school at 555 West End Avenue,…
The Fundamental Problem Is A Shortage Of Buyers
A report from the Wise County Messenger in Texas. "Real estate inventory and the days on the market for homes in Wise County continued to grow in August. According to the August housing report from the Greater Denton/Wise County Association…
Bringing Prices Down Across The Board
A report from Bisnow on New York. "Amid a sliding rental market in the city, Sam Zell’s Equity Residential is looking to sell two of its Manhattan apartment buildings. The REIT is preparing to sell a high-rise tower at 800…
Listings On Track To Blow By Recent Totals
A report from the San Francisco Chronicle in California. "If it seems like more 'For Sale' signs are popping up in your neighborhood, you’re not imagining things. In most parts of the Bay Area, more people put their homes on…
A Housing Crash Is No Longer A Wild Hypothesis
It's Friday desk clearing time for this blogger. "Home buyers took a breather in August, a month when the typical price of a Palm Beach County house slipped to the lowest level since January. The median price of single-family homes…
The Rapid Deceleration Of Demand
A report from MarketWatch. "Shares of home builders TRI Pointe Group and William Lyon Homes were took a dive Thursday, after Wedbush Securities analyst Jay McCanless cut his ratings, citing the 'rapid' deceleration of demand in the companies’ key markets.…
A Significant Cooling Nationwide
A report from WBUR in Massachusetts. "Rental prices in Greater Boston fell over the last year, according to Zillow. And it was the biggest dip in the region's rents since the company started analyzing the data seven years ago. Zillow…
It’s Getting Harder And Harder To Sell
A report from CTV Regina in Canada. "It’s a buyer’s market in Regina right now as house prices across the city continue to drop. Realtor Craig Adam has been showing more homes lately, since it’s getting more difficult to sell…
Sellers Are Slashing Prices, Especially In California
A report from CNBC. "After three years of soaring home prices, the heat is coming off the U.S. housing market. Home sellers are slashing prices at the highest rate in at least eight years, especially in the West, where the…
Sellers Are Going To Have Trouble Getting The Prices
A press release from Redfin. "Signs continue to point toward a changing market that's letting homebuyers be more selective as supply constraints begin to ease in the hottest markets, according to Redfin. As a result, sellers are feeling compelled to…