A report from Denver 7 in Colorado. "A homeowner in Littleton says because he deferred his mortgage payments through the CARES Act forbearance program for those impacted by COVID-19. As soon as he was able to begin paying again, he…
A press release from Redfin. "The U.S. housing market has been on fire this year. But the condo market has missed out on much of the gains. 'Before the pandemic, it was challenging to find a condo in Seattle for…
It's Friday desk clearing time for this blogger. "Laura Loyd, a single mother of four had been laid off from her job at a resort in nearby Branson when tourism froze up from coronavirus. Tony LaGrand, who was the landlord…
A weekend topic starting with the Enterprise Record in California. "Building housing 'is not affordable,' said Kate Leyden of Chico Builders’ Association. In order to make housing 'affordable' for the county, (costing only one-third of the average monthly income) or…
A report from Realtor.com on Florida. "After three years of twists, turns, and foreclosure proceedings, Birdman’s mansion was finally sold for $10.85 million. The Cash Money Records co-founder purchased the Miami Beach, Florida, mansion back in 2012 for $14.5 million.…
A report from the Wall Street Journal. "Some of the most conservative real-estate funds are suffering from falling property values, putting their fund managers in a tough spot as investors look to cash out. Now that the pandemic has caused…
A report from the Commercial Observer. "New York is going to need a long time to recover from 2020. Exhibit 1: Givenchy and its parent company LVMH just paid a whopping $24.5 million to not finish their leaseat Jeff Sutton’s…
A report from Boston.com in Massachusetts. "'The Boston condo market is a great example of what’s happening nationally,' said Kiernan Middleman, an agent with Berkshire Hathaway HomeServices Warren Residential. Buyers are simply leaving the city and heading to the suburbs.'…
A report from Arlington Now in Virginia. "The number of condos listed for sale in Arlington during September (261) ranks as the 2nd most in any month over the last 10+ years, trailing a record-setting April 2016 volume (268) by…
Two reports from the Wall Street Journal. "Even with recent gains, more jobs have been lost—nearly 11 million—than were cut in the wake of the 2007-09 recession, when 8.7 million were eliminated. Economic production, despite a sharp bounce-back in the…