A report from Think Realty on Florida. "While flipping properties may not be the right strategy in the southern part of the state, in central Florida, Billy Ross is busy flipping and wholesaling properties in the greater Orlando metro area.…
It's Friday desk clearing time for this blogger. "Wu Xiaohui was shopping in New York. For buildings. 'He didn’t really care — he’d point out the window and say, ’That one!’ recalls a real estate executive. These days Wu is…
A report from Curbed Los Angeles in California. "CoreLogic analyst Anrew LePage suggests the slower rate of price growth may have a lot to do with the fact that home values are entering uncharted territory. Many buyers, says LePage, may…
A report from the Los Angeles Times in California. "The Southern California median home price barely budged in May, a sign that the housing market remains soft despite a sustained drop in borrowing costs. In May, there were nearly 12%…
A report from National Real Estate Business. "Lenders are understandably exercising caution when it comes to financing multifamily housing development projects, says Robert Murray, chief economist for Dodge Data & Analytics, which tracks construction starts across commercial real estate. 'Notwithstanding…
A report from the Sacramento Bee in California. "Homes values declined last month across the country and in many large California metro areas, according to Zillow. The Sacramento region was no exception. 'In general, Sacramento is slowing down but not…
A report from Global News in Canada. "Back in 2016, Vancouver’s white-hot real estate market looked as if it would never cool down. Three years later, industry experts say times have changed. 'Prices now are back to where they were…
A report from the Wall Street Journal. "Americans purchased fewer new homes in May. Purchases of newly built single-family homes decreased 7.8% to a seasonally adjusted annual rate of 626,000 in May, the Commerce Department said Tuesday. It was the…
A report from Market Watch. "The S&P CoreLogic Case-Shiller 20-city index was unchanged in April compared to March on a seasonally adjusted basis, and was 2.5% higher compared to a year ago. That was the 13th straight month in which…
A press release from Zillow. "It has been widely acknowledged that the aggressive pace of home value growth over the past several years was unsustainable. Buyers simply couldn't keep up, and home prices are correcting. Inventory was up year-over-year in…