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Looking for blood: Condos nearing completion with mortgage appraisals less than investors paid

April 28, 2023 12:44 pm

For many real estate buyers who lined up to sip a cocktail and purchase a condo unit at a high-profile launch party, the euphoria is a distant memory. The sales centres have long since been torn down and the photorealistic …

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Sales of single-family houses dropped by 12.8% year-over-year, and sales of condos and co-ops plunged by 24.7%

July 20, 2022 9:30 pm

by BoatSurfer600  

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San Fran Luxury Condos Overlook Worst Squalor…

November 8, 2021 11:48 am

A one-way, one-block alley in San Francisco has neighbors living in constant fear and afraid for their safety. Willow Street between Van Ness and Polk currently has the highest concentration of tents in San Francisco, according to the latest city …

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A Few Things About Reinforced Concrete High-Rise Condos

July 6, 2021 7:50 am

by Charles Hugh-Smith There is a downside to steel reinforcing bars: they rust. The second most remarkable thing about the sudden collapse of the Florida condo building was the rush to assure everyone that this was a one-off catastrophe: all the …

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Maison Grande Condominium – The Next of many FL Condos that will Collapse

June 30, 2021 10:31 am

Maison Grande Condominium is an 18 story condo in Miami Beach with a two story underground garage and a swimming pool that is above part of that garage. Sound familiar? And it has lots of concrete spalling and exposed rebar. …

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