A report from WTMJ in Wisconsin. "Shorewest realtor Essam Elsafy is counseling his clients through this frenzied housing market. He says acting fast is a necessity. He shared a conversation he recently had with house hunters. 'We saw a house…
A report from Market Place on New York. "Broker Peter Schubert estimates that between 10% and 20% of commercial real estate in Brooklyn is vacant right now — officially. 'On top of that 10 or 20%, we know that there’s…
A report from the Tribeca Tribune in New York. "The Downtown Alliance has put numbers to what we see around us: the pandemic’s heavy commercial toll on Lower Manhattan. The Alliance provides data behind a year of reversals to Downtown…
It's Friday desk clearing time for this blogger. "Sidney Kimmel just sold his lavish Manhattan condo for about $20 million. Kimmel was original asking $39.5 million for the home in December 2018. Kimmel and his wife bought the apartment in…
A report from the Inlander in Washington. "A decade after the depths of the Great Recession, another potential housing crisis is brewing: State and federal governments have issued eviction moratoriums, preventing landlords from booting tenants who aren't paying their rents.…
It's Friday desk clearing time for this blogger. "An Upper West Side property that was originally listed at $4.25 million sold in April for $2.2 million, a 48.2% discount. In Brooklyn, a Fort Greene home sold in June for $1.45…
It's Friday desk clearing time for this blogger. "Mortgage delinquencies showed their sharpest rise in the history of the Mortgage Bankers Association’s delinquency survey. 'There is no way to sugarcoat a 32.9 percent drop in GDP during the second quarter,'…
It's Friday desk clearing time for this blogger. "Hedge funds and mutual funds are among bond holders that could lose $2 billion as a consequence of U.S. lawmakers letting millions of homeowners delay their mortgage payments. At stake are so-called…
It's Friday desk clearing time for this blogger. "The Corcoran Group Founder and Shark on ABC’s Shark Tank Barbara Corcoran joins Yahoo Finance’s Zack Guzman to break down her latest outlook on real estate amid the coronavirus. Corcoran: You're going…
It's Friday desk clearing time for this blogger. "San Diego County’s median home price was $575,000 in December, a slight decrease from the previous month but still near record highs. Rich Toscano, who predicted the housing crash in November 2005…