The Most Splendid Housing Bubbles in America: Dollar’s Purchasing Power Swoons, January Update by Wolf Richter • Jan 26, 2021 • 176 Comments San Francisco Bay Area condo prices are the glaring exception. House Price Inflation in all its glory.
When the Market Defies All Logic, it’s Time to Take a Deep Breath: My Observations as Real Estate Broker by Melissa Terzis • Jan 17, 2021 • 277 Comments The new Real Estate Bubble has arrived.
“Exodus” Havoc: Rents Plunge in San Francisco, New York, Boston, Seattle, Other High-Cost Cities, but Soar 50% in Newark in 18 Months, with Double-Digit Jumps in 20 Cities by Wolf Richter • Jan 4, 2021 • 138 Comments OK, it’s getting a little crazy: Massive shifts due to working from anywhere and the Pandemic. But some of those shifts started well before the Pandemic.
The Most Splendid Housing Bubbles in America: December Update on House Price Inflation Gone Wild by Wolf Richter • Dec 29, 2020 • 211 Comments The dollar lost purchasing power with regards to houses at the fastest rate in six years.
What an Ugly Year for Manhattan Luxury Condos & Co-ops, But the Market Came Unglued in 2016 by Wolf Richter • Dec 25, 2020 • 172 Comments “It was more drama than any market could withstand as Manhattan sellers started slashing prices.”
Housing Market Goes Crazy, Everyone Sees It Can’t Last, and then the First Dip Appears by Wolf Richter • Dec 22, 2020 • 235 Comments There is already a sudden and historic housing glut in San Francisco.
Who Holds the $1.65 Trillion of Apartment Building Debt amid Eviction Bans and Plunging Occupancy Rates at High Rises? by Wolf Richter • Dec 18, 2020 • 186 Comments You guessed it: For over half of it, taxpayers are on the hook. Time to take a look.
Occupancy Plunges to 70% at San Francisco Luxury Apartment Towers across from Twitter Headquarters: a Broad Phenomenon by Wolf Richter • Dec 10, 2020 • 122 Comments While landlords are muttering, “And this too shall pass.”
How Many Renters Face Eviction when the Eviction Bans End? How Much Worse is it, Compared to the Good Times? by Wolf Richter • Dec 8, 2020 • 149 Comments Rent collection data from 11.5 million rental apartments.
Manhattan Luxury Condos See Demand, But at Much Lower Prices with Big Losses for Sellers by Wolf Richter • Dec 7, 2020 • 60 Comments Seller lost $12 million, or 35%, on a condo at One57, on Billionaires Row, adding to the list of big money losers in the condo tower.