A report from Forbes on New York. "'This certainly doesn’t look good,' Victor Rodriguez tells me. Rodriguez is Director of Market Analysts for real estate intelligence firm CoStar Group. 'The problem for New York City’s office and residential markets is…
A report from the South Florida Business Journal. "The Related Group proposed a 37-story apartment building with no on-site parking in downtown Miami. There’s an over-supply of condos on the market in downtown Miami and condo sales have slowed during…
Two reports from the Real Deal on Florida. "Ed Brown, former Patrón Spirits CEO, sold his oceanfront Hillsboro Beach mansion at a loss, for $16.5 million. Luxury spec home developer Mark Timothy built the home in 2017, the same year…
A report from the Port Charlotte Sun in Florida. "Matthew Harden turned himself in to law enforcement Monday in Hamilton County, Florida. Harden, 53, and his partner Stephen Dukes, 47, owned the now-defunct HD Custom Homes in Englewood. Charlotte County…
A report from Bankrate. "You’ve listed your home at what you both believe is an accurate price, and you’ve hosted many showings, but so far, no one has made an offer. So why hasn’t your home sold? 'Pricing is usually…
A report from CNBC on California. "Greg Tribulato is having trouble getting buyers interested in two extensively renovated condominiums he’s trying to sell in San Francisco’s Mission district. They’ve been on the market for three months. The one with two…
A report from Danielle DiMartino Booth at Bloomberg. "The Covid-19 pandemic has unleashed numerous unexpected economic consequences. One that has turned out to be good for the economy but could end up being disastrous is the boom in mortgage refinancings.…
A weekend topic starting with the Los Angeles Times. "The Luxe Rodeo Drive is the first high-end hotel in the Los Angeles area to go out of business because of the pandemic, and industry experts point to an unusually high…
A report from the Denver Channel in Colorado. "Daniel and Linda Sue Gonzalez are still moving into their home. The problem, according to the Gonzalez family, is the dozens of finishes and fixes that are still pending. They bought the…
A report from BU News Service on Massachusetts. "Some property owners leave vacant units rather than bear the costs of lost rent, maintenance, utilities and other bills they may never recoup. 'I’ve put [some units] out of touch for the…