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It's Friday desk clearing time for this blogger. "According to a new report published by real estate analytics firm Clear Capital, the national market has at last rebounded from the burst housing bubble, as evidenced by home prices rising within 2 percent of their inflation-adjusted long-run...
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A report from the South China Morning Post. "Underdeveloped second and third-tier cities became a magnet for some of the mainland's biggest developers after 2009, when the authorities started imposing austerity measures in a bid to rein in runaway home prices. The developers were betting that lower...
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The Los Angeles Times reports from California. "The overflow from China's economic high tide is transforming the housing markets of suburban Los Angeles. Affluent Chinese home buyers are driving prices past boom-era peaks, spawning a subset of property brokers and mortgage lenders that cater to...
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The Sun Sentinel reports from Florida. "In Palm Beach County, the median price of $272,000 was 16 percent higher than a year earlier, according to the Realtors Association of the Palm Beaches. There were 1,020 homes trading hands, up about 1 percent from last February. Meanwhile, more owners are...
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A reader suggested a topic on first time house buyers. "What about 'money on the sidelines' and a generation of delayed first-time buyers who want in, but not at current prices? Is this a possible difference from the last collapse? Whereas buyers in Bubble 1.0 had never experienced home price...
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It's Friday desk clearing time for this blogger. "Alyssa Hellman, who lives in a historic condominium building in the West End neighborhood of Washington, D. C., gets letters from people interested in buying her home every few months. 'I don’t exclude the idea of selling if the right person or...
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The Los Angeles Times reports from California. "The number of homes on the market jumped in February, according to new figures from the California Assn. of Realtors, and is well above figures from a year ago. C.A.R. reported five months' worth of unsold inventory on the market in the Los Angeles...
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Reuters reports on China. "Government officials told Reuters on Tuesday that Zhejiang Xingrun Real Estate Co, based in the coastal city of Ningbo in Zhejiang province, is on the brink of bankruptcy. State media have estimated the company owes 15 domestic banks 2.4 billion yuan ($389 million) and...
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