A report from Arlington Now in Virginia. "What a difference a few months can make. We’ve certainly seen the COVID-19 pandemic make its mark on the Just Reduced column. At the beginning of the year we were seeing only a handful (seven or eight homes) reduced in price on a weekly basis. Now, very much in the heart of the pandemic, we are easily seeing three to four times more homes reduced each week. The bottom line: folks are still needing to sell their homes and, given the current climate, are being aggressive price-wise."

From CBS Miami in Florida. "The coronavirus impact in the US and Latin America has driven some condo developers east of I-95 to offer discounts as high as 20 percent on existing units. 'You have developers in the mood, they are closing out buildings, they want to close ‘em out,' said Craig Studnicky, CEO of International Sales Group. Condo investors who buy and them rent them out a short term basis are shying away because tourism has been crippled and no one knows how long it will last."

"There is also a second factor. 'Condos with short term rentals have no ability to manage social distancing,' said Studnicky."

The Star Advertiser in Hawaii. "HILSTRA President Munro Murdock said members collectively represent 1,500 legal short-term rentals statewide that before COVID-19 brought in more than $20 million in annual tax revenue per year. Murdock, as the founder of Love Hawaii Villas has personally experienced substantial coronavirus-related downturns. Murdock said the continued shutdown of short-term rentals on Oahu has hurt his business, the clients that he represents and the 15 local workers that he employs."

"'We’ve had to lay off or furlough just about everybody,' Murdock said. 'Our business is still struggling.'"

From Boston.com on New York. "The three-bedroom, 3.5-bath home Tom Brady and Gisele Bündchen owned in New York’s Flatiron District is back on the market, the New York Post reports. The Post said the home at One Madison, which overlooks Madison Square Park, was sold to 'a mystery buyer for $13.87 million in 2018.' It’s now on the market for $13.7 million."

The Los Angeles Times in California. "Actor Shemar Moore has sold his longtime home in Encino for $2.4 million. The property came up for sale in March for $2.596 million but saw its price cut by $100,000 the following month. Moore bought the house in 2007 for $2.5 million, records show."

From Livable in California. "The median rent for a one-bedroom apartment in Los Angeles declined for the fourth consecutive month in July to $2,140, according to Zumper. Compared to July 2019, rents are down four percentage points. Two-bedroom rent sank on a year-over-year basis, the median asking price plummeted 6.9 percent. Median rents were down a whopping 16 percent year-over-year in Santa Monica and 9 percent in WeHo. Other Los Angeles County cities that recorded significant yearly price drops were Glendale (-15.7 percent), Redondo Beach (-13.9 percent) and Santa Clarita (-11 percent)."

From The Real Deal. "Residential landlords fear that rent collection rates will freefall in August following the expiry of the $600 in supplemental federal unemployment benefits. But a recent California-Berkeley study shows that small-time landlords are already facing financial hardship. The majority of landlords surveyed have at least one unit where no rent is paid, according to the study, and 39 percent fear they will not be able to cover operating costs over the next quarter."

"Berkeley’s Terner Center for Housing Innovation and the National Association of Hispanic Real Estate Professionals, a San Diego-headquartered trade group, conducted the study. It surveyed 380 landlords and property managers in 31 different states between June 29 and July 9, with California home to 22 percent of the respondents. Of the members surveyed, 80 percent were landlords with portfolios totaling fewer than 20 units."

"Of the smaller landlords, one in four have had to take out a loan to cover operating costs, and one in ten responded that less than half their tenants paid rent last month, the survey claimed. California Apartment Association CEO Thomas Bannon has warned that one tenant not paying rent to a landlord with a handful of units could be 'crippling.'"

From Bizwest on Colorado. "The ongoing pandemic has caused turmoil in the student housing rental segment in Fort Collins, Greeley and Boulder, and the constant threat of a return to online-only instruction remains one last major wild card before universities kick off their newest year. James Woody, owner of Woody Investments LLC, operates about 600 bedrooms for rent in Greeley with a majority rented by students attending the University of Northern Colorado."

"A resurgence in the disease that forces UNC to close is the biggest worry for Woody for his business and for the greater Greeley economy. The area already is suffering from the historically low demand for oil as travel is discouraged during the pandemic, and losing the add-on revenues when students spend money for food and entertainment will cut even deeper into the city’s economic picture."

"'With the university, couple those two together and I think it’s going to be much more devastating to Greeley than it would be to most other college towns because we got a double whammy,' he said."

From Realtor.com. "Fans of Bravo's many 'Real Housewives' franchises know that these women love to live large. Over the years, we’ve followed all the off-camera drama of their real estate transactions. While the dwellings are almost always opulent, even over-the-top, that doesn’t necessarily mean they're easy to sell. Some have lingered on the market for years in search of a buyer who appreciates the 'Housewives' fantasy."

"Kyle Richards. Location: Bel-Air, CA. Price: $5.95 million. Their beautiful Bel-Air abode has been on and off the market since 2017, when it debuted on the market for just under $7 million. In 2018, the price was dropped by exactly a million bucks. It then came back on the market in June with a tiny price adjustment."

"Melissa Gorga. Location: Montville, NJ. Price: $2.9 million. Initially, the couple were asking for $3.5 million for the 9,100-square-foot mansion. In 2018, they dropped the price to $3.3 million. Then it popped back on the market last year for $2.95 million. Now, it’s for sale yet again, at the ever-so-slightly lower asking price of $2.948 million."

"Dorit Kemsley. Location: Beverly Hills, CA. Price: $6.9 million. The couple have moved to their new address, but their 8,600-square-foot mansion in the 90210 needs a buyer. The home first came on the market in 2017 for $12.75 million. Since then, the price has dropped precipitously—it re-emerged in 2019 for $7.5 million. Currently available for just under $7 million, the six-bedroom home has 8,679 square feet of living space."