It's Friday desk clearing time for this blogger. "Softening luxury markets throughout major U.S. metros have pushed average sales prices down for top-priced homes from the turbulent highs of a few years ago, leaving many luxury homeowners—from New York City…
A report from Bloomberg. "New York City’s struggling luxury condo market is providing a prominent developer with an opportunity to expand the lending unit it launched last year. Silverstein Properties Inc., looking to double its lending business to more than…
A report from Curbed Boston in Massachusetts. "It looks increasingly like a buyer’s market in the Boston area. Such a trend would’ve been laughable a short while ago, but new numbers for October from the Warren Group and the Greater…
A report from the Wall Street Journal. "Once Silicon Valley’s highest-flying darlings, companies from WeWork to Uber Technologies Inc. have collectively lost about $100 billion in value this year. Vitaliy Katsenelson, chief executive of Investment Management Associates Inc., likens the…
Two reports from the Times of London. "Tens of thousands of families have seen their inheritances decimated after elderly relatives paid inflated prices for new retirement homes that have collapsed in value, an investigation by The Times has found. Prices…
A weekend topic starting with NPR. "This week's Democratic presidential debate touched on a topic that usually doesn't get much attention in these forums. ELIZABETH WARREN: Our housing problem in America is a problem on the supply side. And that…
A report from the Urban Land Institute. "'Real estate doesn’t appear to be the sector where we are taking risks that won’t pay off,' says Sam Chandan, an associate dean of New York University’s Schack Institute of Real Estate. 'By…
It's Friday desk clearing time for this blogger. "John Bryan was one of dozens of investors spending thousands of dollars to buy properties from a Florida-based company that flipped homes in Johnstown, promised to manage the properties and pay them…
A report from the Wall Street Journal on California. "Over a decade ago, Jeff Greene earned a fortune betting against risky mortgages in the last housing market crash. These days, the billionaire is finding himself less lucky in a different…
A report from Bisnow on California. "While 2019 represents a bounceback year for housing completions in San Francisco, this year's number of groundbreakings tells a much different story. Through the first three quarters, construction starts on market-rate multifamily units are…