A report from Yahoo Finance. "A potential housing crisis is on the way for millions of Americans whose mortgage and rent deferrals are about to sunset. 'There are millions of Americans now unemployed due to the pandemic with greatly reduced…
It's Friday desk clearing time for this blogger. "Credit tightening is becoming more evident according to the Mortgage Bankers Association. Joel Kan, MBA's Associate Vice President of Economic and Industry Forecasting explained. 'Mortgage credit supply dropped again in June, as…
A report from News 3 Las Vegas in Nevada. "Tom Blanchard, President of Las Vegas Realtors, dismisses any speculation that the Las Vegas real estate market is headed for a bubble. 'There is no bubble,' Blanchard said, 'We are still…
Two reports from the Wall Street Journal. "The pandemic has raised important questions about the future of New York City. Clues to the answers—or a way to bet on them—can be found daily in the price moves of four real-estate…
A weekend topic starting with Market Watch. "Commercial real estate’s COVID-19 woes can’t be patched up with more debt. That’s Lisa Pendergast, executive director of the CRE Finance Council, an industry group focused on the $4.6 trillion commercial real estate…
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 Wall Street Journal. "The new coronavirus epidemic in New York obliterated the spring selling season, according to a Wall Street Journal analysis. Apartment sales were down 54% in the second quarter compared with the same quarter…
A report from the Oregonian. "Tenants who still have a source of income are finding that rents are flattening, to their benefit. And some apartment managers, hoping to fill units in a market that had a recent flood of new…
A report from The Wall Street Journal on Florida. "U.S. prosecutors are looking to seize a penthouse in a luxury condominium tower in Miami that they say a son of the Republic of the Congo’s president bought with money embezzled…
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…