A report from the Buffalo News in New York. "Rochester developer Robert C. Morgan's problems in Buffalo just got worse. The special loan servicer handling the $27.8 million commercial mortgage on the Raintree Island Apartments in the City of Tonawanda…
A report from the California used house salespeople. "Housing demand in California remained subdued for the ninth consecutive month in January as economic and market uncertainties sent home sales to their lowest level since April 2008, the CALIFORNIA ASSOCIATION OF REALTORS®…
A topic starting with part of an email I received this morning. "Ben, I’m just another good hard working young man in the oilfield and I’m desperate to escape worthless crooked landlords. I NEED a home for me and my…
A report from KGW 8 on Oregon. "For the first time in seven years Portland home prices have gone down, according to new numbers from Regional Multiple Listing Service. The apartment building boom has left many units vacant across the…
Two reports from the Australian Financial Review. "It is every homebuyer's dream to be mortgage-free and Sydney developer Allam Property Group is making that possible for some - for twelve months. It will pay a whole year of mortgage for…
A report from the Philadelphia Inquirer in Pennsylvania. "Last year alone, 2,810 new housing units were completed in the area known as Greater Center City — the largest number since 2002, according to a report. The CCD report showed that…
A report from the New York Post. "Don’t believe the brochures. A Billionaire’s Row apartment can be a terrible investment. Roughly 16,000 apartments were bought and resold in New York from 2014 through 2018. Of those, 1,295 homes — 7.7…
A report from Fortune Magazine. "When Upper East Siders Adelle and Robert Rathe boarded a flight to Saint Martin in mid-January, they left behind a typically cold New York day. By the time they return from their resort getaway in…
A report from Bloomberg on Iceland. "The spacious entrance to Hildigunnur Haraldsdottir’s building in downtown Reykjavik is paved with marble from Prague and decorated with stained glass artwork by a famous local artist. The flat is one of 38 that…
A weekend topic starting with RE Business Online. "The multifamily sector is like the Energizer Bunny, says Jamie Woodwell, vice president of commercial and multifamily research for the Mortgage Bankers Association (MBA). Although 600,000 units are currently under construction nationally…