A report from Fortune. "Compass CEO Robert Reffkin told CNBC on Wednesday that 30% of the inventory on the market has seen a price drop, which is more than anytime in last 10 years. Meanwhile, the market has seen 16%…
A report from Mansion Global on Washington. "'The upper end of the ultra high-end market is softer than we’ve seen in many years,' said Moira Holley, co-founder of Realogics Sotheby’s International Realty in Seattle. 'In 2021, when there was brisk…
https://www.youtube.com/watch?v=AnSP9IEJ_0w https://www.youtube.com/watch?v=enp1Is3Znp0 https://www.youtube.com/watch?v=E1z0gaauUN4 https://www.youtube.com/watch?v=AhH8WqDRxDg
A report from Axios on Arizona. "A New York Post article reporting that Goldman Sachs has forecast a 2008-level housing crash in Phoenix sent ripples through the Valley's real estate industry last week.The median Phoenix home sale price, which was…
A report from Mansion Global on New York. "Of the 16 contracts signed on homes asking $4 million or more in the week ending Sunday, seven were for trophy homes with eight-digit price tags, according to a luxury market roundup…
A report from Yahoo Money. "With the jobless rate spiking into the double digits, more Americans may look to unlock the wealth tied up in their homes to get through the crisis. Problem is, banks won't give up the key.…
A report from Business Den in Colorado. "When it comes to future development — things that have yet to break ground — it’s feeling like the end of a cycle.'Projects that are getting built will obviously get finished, but when…
A report from Crain's New York Business. "The city’s hotel industry is in free fall, as occupancy and room rates have plunged and a growing number of chains have shuttered locations due to the dramatic drop-off in business as a…
A report from the Wall Street Journal. "The coronavirus has been sending shares of elder-care facilities into a tailspin over concern that any additional contagion in senior-care buildings could hurt operations and lead to occupancy declines. Shares of health-care real…
A report from Crain's Chicago Business in Illinois. "If you are in the hunt for distressed apartments on Chicago's South Side, you have a lot of choices. You'll have even more in the coming months. Dozens of buildings in neighborhoods…