A report from Inman News. "Delinquency rates across the United States soared in April — a change caused by the coronavirus outbreak that, experts warn, could spell trouble for months to come. According to CoreLogic, 6.1 percent of mortgages were…
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…
It's Friday desk clearing time for this blogger. "California home prices and sales are likely to fall as a result of the coronavirus, according to the California Association of Realtors. Kalena Masching, a Redfin agent in Silicon Valley, saw a…
A report from the Wall Street Journal on New York. "The urgent inquiries for office space from companies aiming to do business with Amazon have long ceased. The near-constant flurry of calls from would-be investors in commercial buildings and condominiums…
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,…
A report from the Orlando Business Journal in Florida. "After years of competitive bidding wars and rising prices, a new data analysis from Zillow shows it might finally be a good time to buy a home in many U.S. markets…