A report from ABC 10 in California. "There was a dip in the market, because of the unknown. But things are changing. The number of pending sales and listings in the Sacramento region is actually increasing, according to appraiser Ryan…
A report from the Wall Street Journal. "Corporate travel was the be-all for Mint House Inc., a provider of short-term upscale apartment rentals. As the pandemic hit in March, Will Lucas, the chief executive of the New York-based startup, watched…
It's Friday desk clearing time for this blogger. "The Los Angeles Tenants Union (LATU) has been posting fliers on the streets 'urging residents not to pay rent and to demand a rent strike,' one concerned property manager told The Epoch…
A report from ThinkPol in Canada. "Metro Vancouver detached home prices are in free fall in May as economic turbulence caused by COVID-19 related lock down measures continue to rock the region’s housing market. The OpenHousing House Price Index for…
A report from AFN News Services. "There’s good news and bad news for homebuyers and sellers in the pandemic’s wake, according to Realtor.com. 'While many cash-strapped buyers have eagerly anticipated prices falling, triggering a real estate bonanza similar to the…
A report from the Union Tribune in California. "San Diego home sales had their biggest annual drop since the Great Recession in April as the effect of COVID-19 hit the housing market. There were 2,499 home sales in April, down…
A report from Reuters. "U.S. homebuilding dropped by the most on record in April and permits for future construction tumbled. The report from the Commerce Department on Tuesday added to dismal data this month showing a staggering loss of 20.5…
A report from ABC News in Australia. "House prices are tipped to fall by 11 per cent over the next three years as the COVID-related economic downturn bites, and for one group of Australian homeowners, it could not come at…
A report from the Wall Street Journal. "In April and May, 354 apartment and office properties started missing payments on $7.1 billion in mortgages, according to Trepp LLC, which only includes loans packaged into mortgage bonds. That is up from…
A report from the Huffington Post on Canada. "Advertised rental rates are on a downward slide in many cities. Some of the priciest cities saw some of the steepest drops. One-bedroom units in Toronto fell 4 per cent in April…