An Asset Which Produces Nothing
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
A report from KTNV in Nevada. "Some Las Vegas sellers are getting creative to get more offers. Zoom in towards the area of St. Rose Parkway and I-15 and you'll find a home listed for only one dollar. 'It is…
A report from the Pioneer Press in Minnesota. "'We don’t seem to be selling stuff like $40,000 or $50,000 over list price, with offers like ‘You can name my first child,' quipped Justin DuChemin, a real estate agent with Re/Max,…
A report from the Pioneer Press in Minnesota. "Bob Walser has rented out a Randolph Avenue duplex for four years, with the goal of someday selling it for retirement income. He’s worried that a 3 percent cap on rents will…
A report from Banker and Tradesman in Massachusetts. "Single-family buyers could be in store for a reprieve from the frenzied pace of price appreciation in recent years, as the number of homes for sale slid upwards slightly, to 5,518 statewide.…
A report from The Paper in New Mexico. "Driven by historically low-interest rates and limited inventory, the report shows that the price for median detached homes in Albuquerque rose 25.8 percent when compared to June 2020, and reached an all-time…
A report from the Real Deal on Florida. "Ken Griffin has left Faena House. The CEO of Chicago-based Citadel sold his remaining penthouse at the ultra-luxury Miami Beach condo building, a three-bedroom, 4,243-square-foot unit, for $11.2 million. Griffin paid $60…
A report from Yahoo Finance. "In a client note this week titled 'Escape From New York', Jefferies chief market strategist David Zervos described how the coronavirus reversed decades-long trends of high-end gentrification for New York City. 'I'm bullish on the…
A report from the Real Deal on New York. "Ladder Capital intends to foreclose on four Harlem rental properties owned by Isaac Kassirer’s Emerald Equity, after the firm defaulted on a $32 million loan. In April, Isaac Kassirer extended the…
A weekend topic starting with USA Today. "'It was looking pretty bleak pre-Covid because of the transition away from bricks and mortar,' said Manus Clancy, senior managing director at Trepp LLC. 'We will see dozens and dozens of loans go…
A report from the Denverite in Colorado. "The median rent for an apartment dropped 1.4 percent to $1,454 between the first quarter of this year and the second, according to the University of Denver’s Daniels College of Business. The decrease…