Signs are now all over Silicon Valley and San Francisco.
The entire spectrum, From Battery Park City in Manhattan to Wichita.
On the surface, Miami’s condo market is in trouble. But beneath the surface, “the whole system is jammed up.”
Price gains down to trickle in Chicago. Red-hot Dallas slows. Charlotte & Minneapolis surge. Crushed Detroit and Cleveland hit new highs.
Seattle house prices fall year-over-year. New York condos flat 24 months. San Francisco Bay Area flat 12 months despite startup millionaires. Los Angeles barely up from year ago. Boston ticks up…
The once hot asset class of high-end student housing runs into reality.
“Wiring money overseas is not allowed for the purposes of purchasing real estate or insurance products”: banker in China
Chicago condo prices stall. Dallas boom slows. Minneapolis, Charlotte, Atlanta zoom higher. Detroit prices up 100% from 2012! Cleveland struggles.
Seattle house prices fall year-over-year. New York condos drop to Aug 2017 level. San Francisco Bay Area near-flat. Los Angeles, Denver, Boston set new highs. Las Vegas, Phoenix dream of crazy Housing Bubble 1. Miami stalls.
Last time was during the Financial Crisis. Now it’s happening in a kinder and gentler way, but there is no crisis.