NTD TV reports on China. "Recently, Chinese Communist Party (CCP) Premier Li Keqiang said in an internal conversation that China's economic problem is the real estate economy. In the Win Business Network article, Li admitted that, 'China's economy is basically the real estate economy, and China's...
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The Philadelphia Post Gazette reports from Pennsylvania. "While Pittsburgh never had a housing price bubble, the region suffered a foreclosure crisis along with other major cities where real estate values did rise to a peak and then crash back down to earth. 'What we saw was wealth stripped from...
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It's Friday desk clearing time for this blogger. "Alec Diacou bought two large houses in Riverdale in 2004 with the plan to restore and sell them. He’d already rehabbed a number of properties, which he ended up selling with relative ease. But when he finished rehabbing the second in 2009, the...
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The Press Democrat reports from California. "Sonoma County’s housing market wrapped up the first half of 2014 by once more posting both a drop in sales and a double-digit jump in prices, according to The Press Democrat’s monthly housing report compiled by Pacific Union International VP Rick Laws....
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The Miami News Times reports from Florida. "It's not exactly a secret that Miami's latest unhinged condo boom is being fueled by foreign money, but the exact number of new residential units being bought in downtown by those from abroad is eye-popping. According to a not-yet-released report from...
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A report from Want China Times. "May has always been a prelude to hot property sales in China's real estate market for the second quarter, but this year its sales have been unusually stagnant. The various sales promotions and sales tactics of developers have failed to stir up excitement and the...
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The Denver Business Journal reports from Colorado. "Home values in the Denver metro area have gone above and beyond their highest pre-recession levels, and are predicted to keep rising, according to Zillow. In addition to exceeding their previous peak, home values are expected to continue their...
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The Baltimore Sun reports from Maryland. "Despite signs and talk nationally of a slow recovery in housing construction, Harford County is experiencing one of its slowest years since the nationwide slump began six years ago. 'I would say just from my perspective the residential housing market – from...
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It's Friday desk clearing time for this blogger. "While few doubt that the arts and tourism have rescued Marfa from decline, some see a price to be paid for being the darling getaway spot for well-heeled visitors from Houston, New York and California. While the new values instantly made many locals...
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