A report from Mortgage Professional America. "Odeta Kushi, deputy chief economist at First American, looked at 50 housing markets across America. In all but two of those markets (San Jose and San Francisco), owning made more sense than renting. For…
A report from Auction.com. "The great promise of short sales and other distressed pre-foreclosure sales as a foreclosure alternative is most fully realized in a competitive and transparent online auction marketplace, according to the Auction.com Market Validation Program (MVP) for…
A report from Bolly Inside. "Flexible workspace provider Knotel has filed for bankruptcy and has announced plans to sell its business to listed real estate services company Newmark, the company said on Sunday. The pandemic has punished several workspace companies.…
A report from the Real Deal on Florida. "The co-managing partner of a private equity firm sold his oceanfront condo in The Four Seasons Residences at the Surf Club at a loss, for $12.4 million. Property records show Thompson Dean…
A weekend topic starting with Fox Business. "Federal Reserve Chairman Jerome Powell downplayed significant price increases in the U.S. housing market, despite noting that activity in the sector is at its highest level since before the global financial crisis. Powell…
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.…
A report from the Chicago Tribune in Illinois. "Former Chicago Bulls forward Jabari Parker has become a motivated seller of his three-bedroom town home in the Fulton River District, cutting his asking price by $210,000 — nearly 10% — to…
A report from the Palm Beach Post in Florida. "The Palm Beach County courts will, again, bring in jurors for smaller criminal and civil cases in the coming weeks. Chief Judge Krista Marx said the one area they are concerned…
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…