A weekend topic starting with The Intercept. "If you were reading the news back in 2008, then you probably remember how residential mortgage backed securities fueled by subprime mortgages tanked the global economy. Now John Flynn, a veteran of the…
It's Friday desk clearing time for this blogger. "Due to the rising cost of building, there may come a 'day of reckoning.' When a person pays $400,000 for a house that not much earlier was $300,000, 'you're going to be…
A report from the New York Post. "Looks like former MMA champion Ben Askren isn’t the only thing Jake Paul is knocking out. The multimillion-dollar California mansion that the controversial YouTube star bought in 2017 has been sold for $6.15…
A report from Patch New York. "New Yorkers on the hunt for deals on one-bedroom apartments might want to start looking near the closest subway stop. Rents fell around 418 out of 473 stops across the city during the coronavirus…
A report from Money Wise. "Buyers in many parts of the country are diving full force into the housing market. '[Rates] are still incredibly low in people’s minds,' says Corey Burr, a real estate agent in Washington, D.C. Buyers feel…
A report from WTSP on Florida. "If history is any indication, Joe Manausa says we are not currently in another housing bubble. The Florida-based realtor and author, with 30 years experience in the business, says rarely do we see the…
A weekend topic starting with Bisnow London. "It is just over three years since Toys R Us tumbled into administration in the UK, and the property business that owned the UK stores collapsed into receivership. The portfolio carried debts of…
A weekend topic starting with The Atlantic. "Advanced by an unholy alliance of cynical property owners and misinformed activists, the argument goes like this: If local governments were to remove the arbitrary zoning barriers that are behind America’s housing shortage,…
It's Friday desk clearing time for this blogger. "Extell Development has sold a sponsor unit at One57 for $16.8 million, 15.4 percent below its last asking price. Extell first listed the condo at about $24 million in July 2020, before…
A report from Everything Lubbock in Texas. "Real estate professionals said they have seen a shortage of homes in the Lubbock area. 'Sellers will have multiple offers, so it creates a bit of panic for those who are wanting to…