A weekend topic starting with the Vancouver Sun. "'If we can find a bunch of billionaires from around the world to move here, that would be a godsend. Because that’s where the revenue comes to take care of everybody else.'…
A report from Bloomberg. "Landlords have struggled to attract tenants throughout a pandemic that's kept New Yorkers working from home. Apartment owners lowered rents and offered perks such as free months and gift cards - yet they still saw the…
A report from the Real Deal on New York. "The Financial District’s condo supply has surged. And there are still few buyers in sight. The downtown district now holds the most unsold inventory of any New York City neighborhood, with…
A report from Money Wise. "Buyers in many parts of the country are diving full force into the housing market. '[Rates] are still incredibly low in people’s minds,' says Corey Burr, a real estate agent in Washington, D.C. Buyers feel…
A report from the New York Times. "In only a year, the market value of office towers in Manhattan, home to the country’s two largest central business districts, has plummeted 25%, according to city projections. Across the country, the vacancy…
A report from the Pahrump Valley Times in Nevada. "Home prices were on the rise in Southern Nevada, including in Pahrump, in March. 'The pandemic has contributed to the supply shortage due in part to homeowners being out of work,…
A report from Local Profile on Texas. "Located at Lebanon Road and the Dallas North Tollway, the 175-acre Wade Park development was envisioned as the crown jewel of Frisco’s vaunted '5 billion dollar mile.' Yet instead of that picturesque scenery,…
A report from Realtor.com. "The residential real estate market has been on a wild tear for the past few years—and the pandemic has pushed things to new, uncharted extremes. 'The very nature of the pandemic, through the health implications, social…
A report from the Wall Street Journal. "The residential real-estate market is on its biggest tear since 2006, just before the housing bubble burst. 'It’s the hottest market I’ve ever seen,' said Sean Chandler, president of the central Texas division…
A report from Market Place on New York. "Broker Peter Schubert estimates that between 10% and 20% of commercial real estate in Brooklyn is vacant right now — officially. 'On top of that 10 or 20%, we know that there’s…