The Sacramento Bee reports from California. "The median price of new homes in Sacramento County has gone from about $200,000 in 2000 to nearly $400,000 this year, CoreLogic DataQuick reported. The median household income for the region was just over $57,000 in 2013, down from about $57,500 in 2012...
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The Strait Times reports from Singapore. "If the private property market is suffering price pangs, then those seeking to offload their public housing flats are under even greater pressure. Housing Board resale prices are still falling more steeply than those of private homes, official flash...
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It's Friday desk clearing time for this blogger. "The real estate market in Downtown Sarasota is rising... literally, with 18-story high rises of luxury condos, affordable for the wealthy. Units run from $800,000 to $2 million on average, with the penthouse topping $3 million. So far, 43 of 141...
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The Napa Valley Register reports from California. "The average sold price of a Napa County home declined 9 percent from $522,500 in July to $475,000 in August, according to Bay Area Real Estate Information Services. During the same time period, the number of homes sold decreased 31.5 percent, from...
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A report from China Daily. "China will abolish all home purchase restrictions in the next 12 months and cut at least one policy rate in the first half of 2015 or before, said Shen Minggao, head of China research with Citigroup Inc. 'Look around the world. No country keeps monetary policy unchanged...
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Bloomberg reports on New York. 'Sales at One57, the ultra-luxury Manhattan condominium tower that set off a high-end residential construction boom, have slowed to a trickle amid competition from newer properties reaching the market. 'This is not a normal pace,' president of New York-based appraiser...
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Here's the link to the podcast with Jack McCabe. This was recorded on September 17, 2014. And check out this HBB guest editorial, posted on September 15, 2013. The Next Real Estate Bubble Is Already Underway By JACK McCABE
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