A report from Radar Online. "Toni Braxton’s sister Towanda has lost her Georgia mansion to foreclosure as part of her Chapter 7 bankruptcy. According to court documents obtained by Radar, a federal court judge granted a motion brought by Rushmore…
A report from Better Dwelling in Canada. "A Canadian official in charge of housing policy confirmed the current market is not an accident. Instead, it’s a conscious decision where the government picked the winners and losers. TVO aired an interview…
A report from the Post and Courier in South Carolina. "Put up a 'For Sale' sign, and wait for the cash to roll in. In a real estate market as hot as Greenville, where there’s precious little inventory and many…
A weekend topic starting with Morningstar. "Morningstar’s director of research defines an investment as 'an expenditure that can reasonably be determined to have a positive expected return,' whereas speculation 'occurs when the return is too uncertain to be estimated, or…
A report from the New York Times. "In only a year, the market value of office towers in Manhattan, home to the country’s two largest central business districts, has plummeted 25%, according to city projections. Across the country, the vacancy…
It's Friday desk clearing time for this blogger. "'We’ve been seeing outflow from Manhattan into Connecticut, and it has been crazy,' said Cliff Smith, managing partner with The Agency in New Canaan, Connecticut. 'Frankly, everyone is overpaying now, but it’s…
A report from WSMV in Tennessee. "A Nashville couple said they were forced into forbearance by tenants they believe are taking advantage of the pandemic, going months without paying rent. No answer and still no rent Wednesday when Girish Rachakonda…
A report from the Pahrump Valley Times in Nevada. "Home prices were on the rise in Southern Nevada, including in Pahrump, in March. 'The pandemic has contributed to the supply shortage due in part to homeowners being out of work,…
A report from Boston.com in Massachusetts. "The housing market in suburban Boston is 'crazy.' That’s the description Laura Semple and Beth Hettrich, agents in Sudbury, gave. 'We listed one house at $1.1 million based on comparable sales that had 12…
A report from the Wall Street Journal. "The bubble has room to grow before it bursts, according to John Burns Real Estate Consulting. But it is inflating fast. Bruce McNeilage began building houses to rent out around Nashville, Tenn., in…