This Is The Big Bad Wolf
A report from the Oregonian. "Tenants who still have a source of income are finding that rents are flattening, to their benefit. And some apartment managers, hoping to fill units in a market that had a recent flood of new…
It’s Like Parachuting In The Dark, We Don’t Know How Fast We Are Falling
It's Friday desk clearing time for this blogger. "Rising mortgage delinquency rates in Florida are raising fears that the coronavirus pandemic will lead to a foreclosure crisis as bad if not worse than the one that followed the 2008 housing…
Just Another Boom-And-Bust Cycle, Although The Bust Is Happening At Lightning Speed
A report from Los Angeles Magazine in California. "'The hysteria over what’s happening right now is simply out of line with reason and reality. The Great Recession was driven by the collapse of a $15 trillion subprime bubble. Back then…
The Overabundance Of Vacant Foreclosed Residential Properties
A report from CBS New York. "As New Yorkers flee the city amid the coronavirus pandemic, parts of the city’s real estate market are rife with empty apartments. CBS2’s Jessica Moore reports the industry is dealing with nearly record low…
There Are A Lot Of People Who Would Love To Sell But They Are Too Exposed Financially
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…
What We’re Talking About Is Almost 70% Discount, It’s Almost Like A Sample Sale
A report from National Mortgage Professional. "Close to 70% of home sellers are willing to accept a lower purchase price just to reach the closing point, according to a new LendingTree survey. This comes as the coronavirus has made it…
The Good Days Have Come To An End And The Promises Have Turned Into A Nightmare
A report from CTV News in Canada. "Vancouver rents have been falling since the start of the COVID-19 crisis, and are down by as much as 15 per cent for some types of apartments, according to data pulled from Craigslist.…
No One Walks Around Saying, Great, I’d Love To Pay The Full Price
A report from CNBC. "As the United States continues to face record unemployment due to the coronavirus pandemic, 30% of Americans missed their housing payments in June, according to Apartment List. That’s up from 24% who missed their payment just…
A Question That Haunts Every Speculative Episode
A report from the Wall Street Journal on New York. "The coronavirus lockdown has frozen Manhattan’s luxury real-estate market, with the volume of deals slowing to a trickle over the past three months. But one developer said he’s seeing signs…
They’re Having To Reduce Prices In An Attempt To Garner The Remaining Demand
A report from The Real Deal on New York. "Exactly one year ago, New York’s real estate industry was facing a crisis. The legislature had just agreed to a tenant-friendly upheaval of rent regulation. 'It used to be that investors…