A report from the New York Times. "The coronavirus has dealt a blow to the Manhattan real estate market unmatched in recent history, and the prospects of a near-term recovery remain unclear. The median sales price fell 17.7 percent, compared…
A report from the Real Deal on Florida. "The co-founder of a blockchain company paid $5.2 million for a unit at Regalia in Sunny Isles Beach, well under its previous trade price. The 5.5K sf unit last sold for for…
A report from the Commercial Observer. "If you thought it was bad now, well, it could get a lot worse. Scores of apartments could be empty as thousands of renters face evictions after losing their jobs and as millennials in…
A report from the San Francisco Chronicle in California. "The cost of renting an apartment in the Bay Area plummeted in May, as layoffs and the increased flexibility of working from home drove a double-digit drop in some of the…
A report from the Sunday Times. "The housing crisis in Silicon Valley has reached new heights. Police officers in San Mateo, priced out of a market where the median house price has surged to $1.3m (£1m), have taken to sleeping…
A report from The Naples News in Florida. "Has it become a buyers' market? Zillow, indeed, has declared it just that, now officially designating both the Collier and Lee County areas as cold markets. As of July, its freshest data,…
It's Friday desk clearing time for this blogger. "With a real estate market with a glut of inventory, it takes more than an open house with cookies or cocktails to sell a property. To market a unit at mega-tower 432…