A report from Reuters. "Investors fueling an initial public offering bonanza are snubbing many U.S. mortgage providers’ stock market debuts over concerns that the sector might have reached its peak. 'Investors don’t like buying into a company at the start…
A report from Real Estate Weekly. "Ninety percent of workers from New York’s financial heart are still operating from home. Nearly half of Lower Manhattan’s population has left, and three hotels and over 160 retail business have closed for good,…
A report from Mansion Global on New York. "Last week, 30 high-end contracts asking $4 million or more entered into contract in Manhattan, according to Olshan Realty. The strong totals in the last two weeks 'continued a trend that started…
A report from USA Today. "Talk of a housing bubble is now common among analysts. Agent Stacie Lee says whenever something goes on the market in Phoenix, the showings are usually back-to-back and closing comes within a matter of days.…
A report from Mortgage Professional America. "Odeta Kushi, deputy chief economist at First American, looked at 50 housing markets across America. In all but two of those markets (San Jose and San Francisco), owning made more sense than renting. For…
A report from Auction.com. "The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to the Auction.com Market Validation Program (MVP) for…
A report from the Palm Beach Post in Florida. "The Palm Beach County courts will, again, bring in jurors for smaller criminal and civil cases in the coming weeks. Chief Judge Krista Marx said the one area they are concerned…
A report from the Daily Mail. "Property sales in New York City plunged 46 percent in 2020 from the prior year's level, costing $1.6 billion in lost city and state tax revenue, according to the Real Estate Board of New…
A report from Mansion Global on New York. "Of the 16 contracts signed on homes asking $4 million or more in the week ending Sunday, seven were for trophy homes with eight-digit price tags, according to a luxury market roundup…
A report from the Real Deal. "Quarters’ U.S. expansion appears to have ended in bankruptcy. Eight properties and two additional limited liability companies tied to the German co-living firm filed for Chapter 7 bankruptcy on Friday, according to court records.…