KTAR reports from Arizona. "The Valley housing market is hitting a point of stagnation because of a lack of demand, an Arizona State University professor said. W.P. Carey School of Business professor Michael Orr said weak demand is causing potential sellers to cancel their listings. 'We've really...
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The Register Guard reports from Oregon. "June was a month of mixed signals for Lane County’s housing market. The 389 closed sales was the highest figure for June since 2007. Homes sold more quickly than any time in recent months, while the housing inventory dropped, figures released Monday by the...
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I'll be doing a podcast soon with Jack McCabe, CEO of McCabe Research & Consulting in Florida. What questions would you like to ask Mr. McCabe?
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The Union Tribune reports from California. "San Diego County’s median home sale price rose to $450,000 in June, up 8 percent from June 2013, DataQuick reported. While that value is at a nearly seven-year high, the pace of appreciation has slowed considerably from just a year ago. 'Last year...
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ECNS reports on China. "Record-high payments will come due for China's real estate investment trusts (REITs) next year, but they may not have the money to pay back their investors, the Shanghai Securities News said. Data from the China Trustee Association show that as of March 31, unpaid REIT...
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It's Friday desk clearing time for this blogger. "The median price for a single-family home in the Houston area broke another record in June, jumping 11.3 percent to $214,000. Fay Mason and her husband recently made an appointment to see a newly listed house in the Meyerland area with a large...
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The Wall Street Journal reports on Florida. "The volume of foreclosed properties held by Fannie Mae and Freddie Mac in the state of Florida reached a new high at the end of March, surpassing the previous peak reached at the end of 2010. Foreclosures dropped sharply throughout 2011 as banks withdrew...
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The Rakyat Post reports on Canada. "Demand for high-end real estate in Canada continues to rise as low mortgage rates and international buyers spur demand and boost prices for million-dollar homes. Sales of houses valued at C$1 million and more in Toronto, Vancouver, Calgary and Montreal climbed...
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A report from Want China Times. "Several development projects in Shanghai, Hangzhou, and Suzhou, have come to a halt, due to a disruption in funding for developers. Construction works for the Yuehe International Square project in the Cao'an business circle of Shanghai's Jiading district, for...
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