A report from Multi-Housing News. "Multi-Housing News talked to Brown Harris Stevens’ first CEO, Bess Freedman, about the luxury real estate market in the time of COVID-19. How was New York City’s luxury real estate market before COVID-19? Freedman: Before…
It's Friday desk clearing time for this blogger. "Some buyers may look for deals, thinking all sellers are desperate to sell. But if this isn't you, there's no reason to cave or whittle down your home's price. 'Regardless of the…
A report from the Times of London. "Sean Rakidzich was 'spitting fire.' The 34-year-old from Houston had built a small empire via Airbnb, managing 103 properties in Texas and Pennsylvania. Then the coronavirus walloped his business, as it did everyone…
A report from The Real Deal on Florida. "With hundreds of Floridians losing their jobs on a daily basis and the economy on crutches, Florida Gov. Ron DeSantis suspended evictions and foreclosures for a period of 45 days. But experts…
A report from the Wall Street Journal. "In an analysis of revenue from Airbnb bookings, AirDNA, a Denver-based analyst of the short-term rental industry, found that on the days that would have seen bookings for the Boston Marathon, revenue in…
Two reports from the Wall Street Journal. "Several investment funds focused on mortgage investments are examining assets sales, and at least one is struggling to meet margin calls from lenders. Over the weekend, hedge funds, insurance companies and private-equity firms…
It's Friday desk clearing time for this blogger. "Auction.com reported in January that experts predict foreclosure and REO inflow will increase in 2020, with most of the influx coming for government-insured loans. 'Most in the default servicing industry expect government-insured…
A report from CNBC. "Just last week, Zach Jacobs and his wife had 95% of their Tampa, Florida, Airbnb’s dates booked for the next three months. By Sunday, that number had dwindled down to 5% as the coronavirus outbreak began…
A report from the Wall Street Journal. "The coronavirus has been sending shares of elder-care facilities into a tailspin over concern that any additional contagion in senior-care buildings could hurt operations and lead to occupancy declines. Shares of health-care real…
A report from the Wall Street Journal on Texas. "The Houston office market is poised to become the next commercial real estate victim of the economic shock waves from the coronavirus crisis. Houston’s problems also are closely watched along with…