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 PBS News Hour. "Landlords in Connecticut are not alone – without federal assistance economists estimate that by mid-January renters across the country will be behind by about $70 billion. And the losses go well beyond market-rate buildings,…
It's Friday desk clearing time for this blogger. "After a hefty price cut, Italian fashion scion Massimo Ferragamo has off-loaded his Manhattan apartment for $11 million, WWD has learned. Ferragamo found that his Manhattan duplex apartment had become surplus to…
A report from the Los Angeles Times in California. "In the 90210 ZIP Code, based on 30 sales, the median price for single-family homes in September was $4.518 million, down 27.1% year over year, according to CoreLogic." The San Diego…
It's Friday desk clearing time for this blogger. "Almost one-third of households, 32%, owed money for missed rent or mortgage payments from previous months at the beginning of August, according to Apartment List. It is best to give your landlord…
Two reports from the Globe and Mail in Canada. "This two-bedroom, two-bathroom 811-square-foot unit is in a 21-year-old building in South Vancouver, overlooking the Fraser River. The seller was moving out of town and the property was originally listed for…
A report from CBC in Canada. "When the pandemic hit Ontario, Kristina Barybina's income as a real estate agent dried up and she knew the writing was on the wall — she'd have to sell her own house. She also…
A report from the Vancouver Sun in Canada. "The advertised rent for a two-bedroom apartment has plunged by 15 per cent in the city of Vancouver, one of the biggest drops in Canada, as COVID-19 makes its bewildering way through…
It's Friday desk clearing time for this blogger. "Guy Therien saw a house on a five-acre property outside of Sherwood last year that he says was beyond his wildest dreams. The Parrett Mountain estate was for sale, but he couldn’t…
A report from the Wall Street Journal. "Airbnb Inc. is considering raising capital from new investors, as the home-sharing giant wrestles with escalating losses due to the devastating impact of the coronavirus pandemic on its global business, according to people…