It's Friday desk clearing time for this blogger. "The Corcoran Group Founder and Shark on ABC’s Shark Tank Barbara Corcoran joins Yahoo Finance’s Zack Guzman to break down her latest outlook on real estate amid the coronavirus. Corcoran: You're going to have a phenomenal housing year. Prices are going to continue to go up. So even in states where you have excess inventory, it's going to be gobbled up because people have a tremendous appetite right now for the word and the concept and the love that they call home, H-O-M-E."

"The commercial market is where my eye is. And fortunately, I don't invest in commercial buildings. But if I was investing in commercial buildings, I'd be worried if I'm the bank supporting the mortgages there. I'm really worried about the value of commercial properties in every city and every town."

"Landlords have been offering discounts on the Upper West Side, and one section of the neighborhood is seeing the highest number of selling-price decreases of any part of the city, according to two recent reports. Real estate listing site realtyhop analyzed selling trends throughout the city, and found that the Upper West Side had a particularly large number of price drops this month as compared to other parts of the city. In Lincoln Square, the southern part of the neighborhood, there were 47 price drops, the most in the city. The median size of the drop was 4.9%, or $80,000."

"There is a record number of arrests in a housing scheme connected to CBS2’s award-winning investigation that uncovered New York City paying bad landlords in New Jersey to take in homeless families, CBS2’s Lisa Rozner reported Thursday. 'These unscrupulous individuals were able to entice people who probably would not ordinarily been able to buy a home. With their assistance, they lent the money and they got into the home ownership market,' said Theodore Stephens, the Essex County prosecutor."

"The prosecutor says suspects defrauded homeowners, as well as banks. Loan applications were allegedly manipulated. 2016 online records show a home in Newark sold for $320,000 – almost double the price is was listed for. Another home in East Orange, worth around $150,000, sold for $215,000. In all, the suspects allegedly obtained more than $1.8 million by deceiving mortgage lenders. The homes fell into foreclosure."

"A South Florida real estate agent has found himself at the center of yet another lawsuit. This time, a commission advance company is alleging Dedric Copeland conned the firm out of advances totaling $420,000 by bringing fake buyers to the company. Copeland has been sued at least four times before. Peter Zalewski, a condo market consultant and investor in Miami, said that in this case, 'the company taking the risk is the one getting screwed' and a lawsuit like this calls into question the company’s policies."

"A surprising number of San Francisco renters are breaking their leases and leaving the city. Over the last three months, 7.5% of the city's renters, or one in 13 tenants, walked away from their leases, according to the San Francisco Apartment Association. And the trend might not be limited to San Francisco. A recent report from Zillow found that about 2.7 million U.S. adults moved back in with parents or grandparents in March and April. A vast majority of them are from Gen Z, 18 to 25 years of age."

"All those broken leases could also mean thousands of empty apartments, which may help bring down the city's rents. 'Rents are generally tied to the local economy and with the economy struggling, we expect rents to go down inevitably,' said Charley Goss, spokesperson for the SF Apartment Association."

"For the third consecutive month, Toronto rents have decreased. 'Most of the data suggests the rental market is on a major downward trend, as many tenants have lost work because of COVID-19 and not looking for a place to rent, while tenants are moving back in with parents or relatives to save money,' the report states. 'With many colleges and universities choosing to announce that classes will be held exclusively online in the fall, rental housing around these institutions has fallen off significantly.'"

"Most developers in Delhi-NCR, Mumbai and Bengaluru are being forced to offer residential units at a 10 percent to 25 percent discount due to the slowdown. In case of new projects launched online, some builders are also offering deferred payment plans such as 10:90 - book the unit by paying 10 percent upfront and the rest on possession."

"Property companies are struggling to get back on track after their revenues plummeted and many had to lay off most of their staff. A deputy director of a developer of apartment complexes near Ho Chi Minh City, who asked for anonymity, said his company 'nearly died' in the second quarter after the pandemic froze all activities. 'We had cut our workforce from 2,000 last year to 500 now, meaning 75 percent of sales agents are gone.'"

"Another company, headquartered in District 3, has not launched a single housing project so far this year, something that has not happened in the last five years. A senior executive said the company had to spend contingency funds to retain staff and cut prices by 20 percent to push sales. 'We had to accept reduced profits to survive.' Nguyen Loc Hanh, CEO of Asia Gem Real Estate Investment Jsc, said the pandemic has cut demand, leading to plummeting revenues for real estate firms, which therefore could not pay back bank loans."

"'The one-bedroom apartment is the toughest market [right now]. There’s just been an oversupply for some time … and now a lot of inner-city investors are looking to sell and when that rent gap widens we will see more apartment stock come on the market – particularly after September,' said Dean Yesberg from Ray White Brisbane CBD."

"Listings have jumped in the inner city as the lockdown eases, with 40 per cent more homes for sale over the four weeks to June 14, compared to the previous four weeks, Domain data shows. 'There are a lot of people who would love to sell but they are too exposed financially … they are probably not in a position to reborrow on the same terms or are struggling to get through the rental checks. People are laying low financially,' said Robin McIlwain from Belle Property Toowong."

"While reporting a drop in sales across all its major counties, The Orlando Regional Realtors Association says Osceola County saw the steepest decline at just over 50%, followed by Orange County at 46%. You could compare our current housing market to what we saw in 2007 and 2008 but realtors say that's not entirely accurate."

"'The whole world is experiencing the same thing. this isn't like what happened before where it's pockets around the country or pockets around the world of a bubble market or a recession market. This is global,' real estate agent Katherine Bordelon said."