A weekend topic starting with Kenneth R. Harney. "According to the Urban Institute Housing Finance Policy Center's latest quarterly credit availability report, mortgage lenders are reaching out to borrowers who might have been marginal — or rejectees — in the…
A report from Glacier Media in Canada. "Since May 1, 2018, only 43 detached homes in the Metro Vancouver region – stretching from Mission and Delta to the Sunshine Coast and Whistler – have sold above $7 million. All 43…
A report from Palo Alto Weekly in California. "The Year of the Pig had a very slow start in our local real estate market. So far, we haven't experienced anything remotely similar to the usual spring frenzy. Among the 148…
A report from the Commercial Observer in New York. "Asking and taking rents at Manhattan’s high street retail districts continue to drop. 'It’s a little bit bloody out there,' said Jared Epstein, a principal at Aurora Capital Associates." The New…
It's Friday desk clearing time for this blogger. "The average asking price of homes in the Lakes Region is definitely inflated by the many high-priced waterfront homes that are on the market. Big time! You’d almost think we were in…
A report from the Georgia Straight in Canada. "The Real Estate Board of Greater Vancouver is reporting another painful month for the housing market. According to the REBGV, 1,829 homes were sold in April 2019, representing a 29.1 percent decrease…
A report from the Wall Street Journal. "Lumber prices typically rise in the spring as builders stock up for construction season. But this year, they are being hit hard by bad weather and a decline in home building. 'We’re starting…
A report from the Globe and Mail in Canada. "As the Toronto real estate market crawls through a slow patch, there is growing anecdotal evidence that some agents are bending and sometimes breaking the rules to drum up business. For…
A report from CNBC. "The nation’s priciest properties are in far less demand this year, and that is taking a toll on their values. Sales of homes listed at $2 million and above fell 16% in the first quarter, the…
A report from the Wall Street Journal. "The Morgan family of western New York built one of the country’s largest rental apartment empires, amassing more than 140 properties and more than 34,000 units across 14 states. Now the family business,…